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NCR Voyix (NCR Voyix) Cyclically Adjusted Book per Share : $8.74 (As of Mar. 2024)


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What is NCR Voyix Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

NCR Voyix's adjusted book value per share for the three months ended in Mar. 2024 was $-0.235. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $8.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NCR Voyix's average Cyclically Adjusted Book Growth Rate was -5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of NCR Voyix was 8.10% per year. The lowest was -7.10% per year. And the median was -1.70% per year.

As of today (2024-05-18), NCR Voyix's current stock price is $13.47. NCR Voyix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.74. NCR Voyix's Cyclically Adjusted PB Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NCR Voyix was 3.92. The lowest was 1.15. And the median was 2.35.


NCR Voyix Cyclically Adjusted Book per Share Historical Data

The historical data trend for NCR Voyix's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NCR Voyix Cyclically Adjusted Book per Share Chart

NCR Voyix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.16 7.57 8.29 9.04 8.94

NCR Voyix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.20 9.29 9.31 8.94 8.74

Competitive Comparison of NCR Voyix's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, NCR Voyix's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NCR Voyix's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, NCR Voyix's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NCR Voyix's Cyclically Adjusted PB Ratio falls into.



NCR Voyix Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, NCR Voyix's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.235/131.7762*131.7762
=-0.235

Current CPI (Mar. 2024) = 131.7762.

NCR Voyix Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.554 100.560 15.141
201409 11.390 100.428 14.945
201412 11.097 99.070 14.761
201503 11.174 99.621 14.781
201506 9.393 100.684 12.294
201509 9.823 100.392 12.894
201512 5.414 99.792 7.149
201603 4.243 100.470 5.565
201606 4.483 101.688 5.809
201609 5.419 101.861 7.010
201612 5.578 101.863 7.216
201703 4.373 102.862 5.602
201706 5.288 103.349 6.743
201709 6.337 104.136 8.019
201712 5.893 104.011 7.466
201803 5.063 105.290 6.337
201806 3.152 106.317 3.907
201809 3.763 106.507 4.656
201812 3.328 105.998 4.137
201903 3.748 107.251 4.605
201906 4.505 108.070 5.493
201909 5.699 108.329 6.932
201912 8.645 108.420 10.507
202003 8.044 108.902 9.734
202006 8.736 108.767 10.584
202009 9.300 109.815 11.160
202012 8.118 109.897 9.734
202103 8.392 111.754 9.896
202106 8.802 114.631 10.118
202109 8.976 115.734 10.220
202112 9.290 117.630 10.407
202203 9.707 121.301 10.545
202206 10.022 125.017 10.564
202209 10.547 125.227 11.099
202212 10.725 125.222 11.286
202303 10.628 127.348 10.998
202306 11.075 128.729 11.337
202309 9.737 129.860 9.881
202312 0.175 129.419 0.178
202403 -0.235 131.776 -0.235

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


NCR Voyix  (NYSE:VYX) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

NCR Voyix's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.47/8.74
=1.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NCR Voyix was 3.92. The lowest was 1.15. And the median was 2.35.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


NCR Voyix Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of NCR Voyix's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


NCR Voyix (NCR Voyix) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » NCR Voyix Corp (NYSE:VYX) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
864 Spring Street NW, Atlanta, GA, USA, 30308
Website
NCR Voyix Corp is a company providing services of digital commerce solutions for retail, restaurant and digital banking. NCR Voyix transforms retail, restaurant and digital banking experiences with comprehensive platform-based SaaS and service capabilities.
Executives
Kevin Michael Reddy director 3 MINETTA STREET, NEW YORK NY 10012
James G Kelly director
Janet Brutschea Haugen director UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Laura Marie Miller director 320 QUIET WATER LANE, ATLANTA GA 30350
Brian J. Webb-walsh officer: EVP & CFO 233 MT. AIRY ROAD, SUITE 100, BASKING RIDGE NJ 07920
Kelli Sterrett officer: EVP, General Counsel & Secrtry 10 GLENLAKE PARKWAY SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Kelly Moyer officer: Chief Accounting Officer 864 SPRING STREET, ATLANTA GA 30308
Eric Schoch officer: EVP & President, Retail 864 SPRING STREET, ATLANTA GA 30208
David O. Wilkinson director, officer: Chief Executive Officer 864 SPRING STREET, ATLANTA GA 30308
Glenn W. Welling director 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660
Joseph E Reece director ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Adrian Button officer: SVP Global Hardware Prod Ops 864 SPRING ST. NW, NCR CORPORATION, ATLANTA GA 30308-1007
Laura Sen director ONE MERCER ROAD, P.O. BOX 9601, NATICK MA 01760-9601
Layden Donald W Jr officer: EVP Pymt Grp & Hd Strgy & M&A C/O NCR CORPORATION, 864 SPRING STREET NW, ATLANTA GA 30308
Daniel William Campbell officer: Executive VP, Global Sales 864 SPRING STREET NW, ATLANTA GA 30308