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Evertec (Evertec) Cyclically Adjusted PB Ratio : 7.62 (As of Jun. 05, 2024)


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What is Evertec Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Evertec's current share price is $33.895. Evertec's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.45. Evertec's Cyclically Adjusted PB Ratio for today is 7.62.

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

EVTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.69   Med: 9.93   Max: 17.58
Current: 7.69

During the past years, Evertec's highest Cyclically Adjusted PB Ratio was 17.58. The lowest was 7.69. And the median was 9.93.

EVTC's Cyclically Adjusted PB Ratio is ranked worse than
85.37% of 1401 companies
in the Software industry
Industry Median: 2.58 vs EVTC: 7.69

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.

Evertec's adjusted book value per share data for the three months ended in Mar. 2024 was $7.876. 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 $4.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evertec Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Evertec'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.

Evertec Cyclically Adjusted PB Ratio Chart

Evertec 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 - - 17.28 9.23 9.69

Evertec Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.10 9.47 9.16 9.69 8.96

Competitive Comparison of Evertec's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Evertec'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.


Evertec's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Evertec 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.

Evertec's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.895/4.45
=7.62

* 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.

Evertec's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Evertec'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)
=7.876/131.7762*131.7762
=7.876

Current CPI (Mar. 2024) = 131.7762.

Evertec Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.604 100.560 2.102
201409 1.765 100.428 2.316
201412 1.218 99.070 1.620
201503 1.580 99.621 2.090
201506 1.759 100.684 2.302
201509 1.554 100.392 2.040
201512 1.310 99.792 1.730
201603 1.420 100.470 1.862
201606 1.405 101.688 1.821
201609 1.395 101.861 1.805
201612 1.441 101.863 1.864
201703 1.678 102.862 2.150
201706 1.800 103.349 2.295
201709 1.850 104.136 2.341
201712 1.991 104.011 2.522
201803 2.421 105.290 3.030
201806 2.659 106.317 3.296
201809 2.899 106.507 3.587
201812 2.922 105.998 3.633
201903 2.937 107.251 3.609
201906 3.121 108.070 3.806
201909 3.408 108.329 4.146
201912 3.711 108.420 4.510
202003 3.604 108.902 4.361
202006 3.825 108.767 4.634
202009 4.257 109.815 5.108
202012 4.682 109.897 5.614
202103 4.872 111.754 5.745
202106 5.471 114.631 6.289
202109 5.888 115.734 6.704
202112 6.478 117.630 7.257
202203 6.846 121.301 7.437
202206 7.129 125.017 7.514
202209 6.889 125.227 7.249
202212 7.271 125.222 7.652
202303 7.802 127.348 8.073
202306 8.244 128.729 8.439
202309 8.238 129.860 8.360
202312 9.080 129.419 9.245
202403 7.876 131.776 7.876

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.


Evertec  (NYSE:EVTC) 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.


Evertec Cyclically Adjusted PB Ratio Related Terms

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


Evertec (Evertec) Business Description

Industry
Traded in Other Exchanges
Address
Cupey Center Building, Road 176, Kilometer 1.3, San Juan, PRI, 00926
Evertec Inc is a transaction processing business in Latin America and the Caribbean. Its business segments are Merchant Acquiring, Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, and Business Solutions. The company serves a diversified customer base of financial institutions, merchants, corporations and government agencies with mission-critical technology solutions that enable them to issue, process and accept transactions securely. The company derives revenue based on transaction or discount fees or fees based on the number of accounts on file.
Executives
Diego Viglianco officer: EVP & Chief Operating Officer PO BOX 364527, SAN JUAN PR 00936
Paola Perez-surillo officer: Senior Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Virginia Gambale director C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Joaquin A. Castrillo-salgado officer: Vice President of Finance PO BOX 364527, SAN JUAN PR 00936-4527
Luis A Rodriguez-gonzalez officer: General Counsel & Secretary PO BOX 364527, SAN JUAN PR 00936-4527
Morgan M Schuessler director, officer: President & CEO PO BOX 364527, SAN JUAN PR 00936-4527
Popular Inc 10 percent owner P.O. BOX 362708, SAN JUAN PR 00936-2708
Guillermo Rospigliosi officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Castillo Rodrigo Del officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Philip E. Steurer officer: Chief Operating Officer PO BOX 364527, SAN JUAN PR 00936-4527
Miguel Vizcarrondo officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Frank D. D'angelo director PO BOX 364527, SAN JUAN PR 00936-4527
Carlos J. Ramirez officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Ivan Pagan director PO BOX 364527, SAN JUAN PR 00936-4527

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