The Descartes Systems Group (The Descartes Systems Group) Cyclically Adjusted PB Ratio : 9.74 (As of Jun. 07, 2024)

The Descartes Systems Group Cyclically Adjusted PB Ratio Chart

The Descartes Systems Group Annual Data
	Trend	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23	Jan24
Cyclically Adjusted PB Ratio		Get a 7-Day Free Trial					8.90	10.08	10.08	8.90	9.36

The Descartes Systems Group Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															9.41	8.67	8.18	9.36	9.78

Competitive Comparison of The Descartes Systems Group's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, The Descartes Systems Group'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.

The Descartes Systems Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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

The Descartes Systems Group 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.

The Descartes Systems Group's Cyclically Adjusted PB Ratio for today is calculated as

* 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.

The Descartes Systems Group's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, The Descartes Systems Group's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Current CPI (Apr. 2024) = 126.2576.

The Descartes Systems Group Quarterly Data

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.

The Descartes Systems Group  (NAS:DSGX) 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.

The Descartes Systems Group Cyclically Adjusted PB Ratio Related Terms

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The Descartes Systems Group (The Descartes Systems Group) Business Description