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R Systems International (BOM:532735) Cyclically Adjusted PB Ratio : 12.88 (As of May. 24, 2024)


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What is R Systems International Cyclically Adjusted PB Ratio?

As of today (2024-05-24), R Systems International's current share price is ₹464.70. R Systems International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₹36.07. R Systems International's Cyclically Adjusted PB Ratio for today is 12.88.

The historical rank and industry rank for R Systems International's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:532735' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.96   Med: 8.16   Max: 15.14
Current: 12.88

During the past years, R Systems International's highest Cyclically Adjusted PB Ratio was 15.14. The lowest was 6.96. And the median was 8.16.

BOM:532735's Cyclically Adjusted PB Ratio is ranked worse than
91.72% of 1352 companies
in the Software industry
Industry Median: 2.615 vs BOM:532735: 12.88

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.

R Systems International's adjusted book value per share data for the three months ended in Dec. 2023 was ₹51.684. 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 ₹36.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


R Systems International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for R Systems International's Cyclically Adjusted PB Ratio 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.

R Systems International Cyclically Adjusted PB Ratio Chart

R Systems International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.69 7.75 15.21

R Systems International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 7.75 7.63 12.02 - 15.21

Competitive Comparison of R Systems International's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, R Systems International'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.


R Systems International's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where R Systems International's Cyclically Adjusted PB Ratio falls into.



R Systems International Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

R Systems International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=464.70/36.07
=12.88

* 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.

R Systems International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, R Systems International's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=51.684/152.9243*152.9243
=51.684

Current CPI (Dec. 2023) = 152.9243.

R Systems International Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 91.425 0.000
201406 18.638 94.103 30.288
201409 18.631 96.780 29.439
201412 16.720 96.780 26.420
201503 16.205 97.163 25.505
201506 13.504 99.841 20.684
201509 17.356 101.753 26.084
201512 19.142 102.901 28.448
201603 20.074 102.518 29.944
201606 21.491 105.961 31.016
201609 22.719 105.961 32.788
201612 20.070 105.196 29.176
201703 22.466 105.196 32.659
201706 23.141 107.109 33.040
201709 23.985 109.021 33.644
201712 21.852 109.404 30.545
201803 22.401 109.786 31.203
201806 22.659 111.317 31.128
201809 24.341 115.142 32.328
201812 26.043 115.142 34.589
201903 26.834 118.202 34.717
201906 26.630 120.880 33.689
201909 27.658 123.175 34.338
201912 28.107 126.235 34.049
202003 29.236 124.705 35.852
202006 30.763 127.000 37.043
202009 32.953 130.118 38.729
202012 35.677 130.889 41.683
202103 37.416 131.771 43.423
202106 39.168 134.084 44.671
202109 42.009 135.847 47.290
202112 38.908 138.161 43.066
202203 41.640 138.822 45.870
202206 38.238 142.347 41.079
202209 41.410 144.661 43.775
202212 46.108 145.763 48.373
202303 49.185 146.865 51.214
202306 50.302 150.280 51.187
202309 0.000 151.492 0.000
202312 51.684 152.924 51.684

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


R Systems International  (BOM:532735) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


R Systems International Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of R Systems International's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


R Systems International (BOM:532735) Business Description

Traded in Other Exchanges
Address
C-40, Sector-59, District Gautam Budh Nagar, Noida, UP, IND, 201 307
R Systems International Ltd provides IT services and solutions. It is organized into two business segments, Information technology services and Business process outsourcing services. The company serves IT services and solutions to telecom and digital media, healthcare, manufacturing, government services and banking and finance industries. It earns income from five principal geographic territories, namely North America, Europe, South East Asian countries (SEAC), India and others, of which key revenue is derived from North America.

R Systems International (BOM:532735) Headlines

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