GURUFOCUS.COM » STOCK LIST » Technology » Software » Euronet Worldwide Inc (FRA:EEF) » Definitions » Cyclically Adjusted PB Ratio

Euronet Worldwide (FRA:EEF) Cyclically Adjusted PB Ratio : 4.36 (As of May. 22, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Euronet Worldwide Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Euronet Worldwide's current share price is €105.00. Euronet Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.11. Euronet Worldwide's Cyclically Adjusted PB Ratio for today is 4.36.

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

FRA:EEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.95   Med: 5.68   Max: 10.74
Current: 4.39

During the past years, Euronet Worldwide's highest Cyclically Adjusted PB Ratio was 10.74. The lowest was 2.95. And the median was 5.68.

FRA:EEF's Cyclically Adjusted PB Ratio is ranked worse than
69.7% of 1350 companies
in the Software industry
Industry Median: 2.61 vs FRA:EEF: 4.39

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.

Euronet Worldwide's adjusted book value per share data for the three months ended in Mar. 2024 was €24.947. 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 €24.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euronet Worldwide Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Euronet Worldwide'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.

Euronet Worldwide Cyclically Adjusted PB Ratio Chart

Euronet Worldwide 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 9.31 7.86 5.64 4.04 4.02

Euronet Worldwide 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 4.65 4.76 3.16 4.02 4.23

Competitive Comparison of Euronet Worldwide's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Euronet Worldwide'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.


Euronet Worldwide's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Euronet Worldwide 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.

Euronet Worldwide's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.00/24.11
=4.36

* 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.

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

For example, Euronet Worldwide'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)
=24.947/131.7762*131.7762
=24.947

Current CPI (Mar. 2024) = 131.7762.

Euronet Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.513 100.560 13.777
201409 10.744 100.428 14.098
201412 11.486 99.070 15.278
201503 12.182 99.621 16.114
201506 12.665 100.684 16.576
201509 13.439 100.392 17.640
201512 14.273 99.792 18.848
201603 14.121 100.470 18.521
201606 14.546 101.688 18.850
201609 15.783 101.861 20.418
201612 16.304 101.863 21.092
201703 16.986 102.862 21.761
201706 17.987 103.349 22.934
201709 19.062 104.136 24.122
201712 19.178 104.011 24.297
201803 17.763 105.290 22.231
201806 17.960 106.317 22.261
201809 19.633 106.507 24.291
201812 20.909 105.998 25.994
201903 21.937 107.251 26.953
201906 22.713 108.070 27.695
201909 24.200 108.329 29.438
201912 26.214 108.420 31.861
202003 22.353 108.902 27.048
202006 20.596 108.767 24.953
202009 21.192 109.815 25.430
202012 22.534 109.897 27.020
202103 22.361 111.754 26.367
202106 22.615 114.631 25.997
202109 23.984 115.734 27.308
202112 21.723 117.630 24.336
202203 20.542 121.301 22.316
202206 19.451 125.017 20.503
202209 20.931 125.227 22.026
202212 23.582 125.222 24.816
202303 23.949 127.348 24.782
202306 25.692 128.729 26.300
202309 23.197 129.860 23.539
202312 25.037 129.419 25.493
202403 24.947 131.776 24.947

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.


Euronet Worldwide  (FRA:EEF) 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.


Euronet Worldwide Cyclically Adjusted PB Ratio Related Terms

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


Euronet Worldwide (FRA:EEF) Business Description

Industry
Traded in Other Exchanges
Address
11400 Tomahawk Creek Parkway, Suite 300, Leawood, KS, USA, 66211
Euronet Worldwide Inc is a provider of electronic financial transaction solutions. The company operates an independent network of ATMs in Europe, along with a network for prepaid products such as mobile top-ups, and processes point-of-sale transactions. Euronet Worldwide also offers global money transfers, payment services and software, banking services, credit and debit card outsourcing services, and card issuing and merchant acquiring services. The largest segment by operating income, electronical financial transaction processing, mainly generates revenue from monthly ATM management fees and currency conversion transactions. The largest country by revenue is the United States of America.

Euronet Worldwide (FRA:EEF) Headlines

No Headlines