GURUFOCUS.COM » STOCK LIST » Technology » Software » NCR Voyix Corp (FRA:NCR1) » Definitions » Cyclically Adjusted PB Ratio

NCR Voyix (FRA:NCR1) Cyclically Adjusted PB Ratio : 1.46 (As of Jun. 09, 2024)


View and export this data going back to 1981. Start your Free Trial

What is NCR Voyix Cyclically Adjusted PB Ratio?

As of today (2024-06-09), NCR Voyix's current share price is €11.70. NCR Voyix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.03. NCR Voyix's Cyclically Adjusted PB Ratio for today is 1.46.

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

FRA:NCR1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.35   Max: 3.92
Current: 1.46

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

FRA:NCR1's Cyclically Adjusted PB Ratio is ranked better than
68.52% of 1420 companies
in the Software industry
Industry Median: 2.54 vs FRA:NCR1: 1.46

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 adjusted book value per share data for the three months ended in Mar. 2024 was €-0.216. 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 €8.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NCR Voyix Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NCR Voyix'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.

NCR Voyix Cyclically Adjusted PB Ratio Chart

NCR Voyix 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 3.01 3.04 2.98 1.59 1.89

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 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 1.57 1.66 1.78 1.89 1.45

Competitive Comparison of NCR Voyix's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.70/8.03
=1.46

* 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.

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

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)
=-0.216/131.7762*131.7762
=-0.216

Current CPI (Mar. 2024) = 131.7762.

NCR Voyix Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.503 100.560 11.143
201409 8.838 100.428 11.597
201412 9.000 99.070 11.971
201503 10.325 99.621 13.658
201506 8.369 100.684 10.953
201509 8.753 100.392 11.489
201512 4.970 99.792 6.563
201603 3.811 100.470 4.998
201606 3.990 101.688 5.171
201609 4.829 101.861 6.247
201612 5.288 101.863 6.841
201703 4.089 102.862 5.238
201706 4.707 103.349 6.002
201709 5.317 104.136 6.728
201712 4.980 104.011 6.309
201803 4.106 105.290 5.139
201806 2.698 106.317 3.344
201809 3.225 106.507 3.990
201812 2.925 105.998 3.636
201903 3.317 107.251 4.076
201906 3.987 108.070 4.862
201909 5.174 108.329 6.294
201912 7.781 108.420 9.457
202003 7.280 108.902 8.809
202006 7.758 108.767 9.399
202009 7.895 109.815 9.474
202012 6.673 109.897 8.002
202103 7.049 111.754 8.312
202106 7.306 114.631 8.399
202109 7.629 115.734 8.686
202112 8.222 117.630 9.211
202203 8.814 121.301 9.575
202206 9.481 125.017 9.994
202209 10.653 125.227 11.210
202212 10.124 125.222 10.654
202303 9.927 127.348 10.272
202306 10.223 128.729 10.465
202309 9.124 129.860 9.259
202312 0.161 129.419 0.164
202403 -0.216 131.776 -0.216

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.


NCR Voyix  (FRA:NCR1) 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.


NCR Voyix Cyclically Adjusted PB Ratio Related Terms

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


NCR Voyix (FRA:NCR1) Business Description

Industry
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.

NCR Voyix (FRA:NCR1) Headlines

No Headlines