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GK Software SE (HAM:GKS) Cyclically Adjusted PB Ratio : 8.90 (As of Jun. 01, 2024)


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What is GK Software SE Cyclically Adjusted PB Ratio?

As of today (2024-06-01), GK Software SE's current share price is €232.00. GK Software SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €26.08. GK Software SE's Cyclically Adjusted PB Ratio for today is 8.90.

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

HAM:GKS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 5.75   Max: 8.86
Current: 8.74

During the past years, GK Software SE's highest Cyclically Adjusted PB Ratio was 8.86. The lowest was 2.11. And the median was 5.75.

HAM:GKS's Cyclically Adjusted PB Ratio is ranked worse than
87.21% of 1384 companies
in the Software industry
Industry Median: 2.545 vs HAM:GKS: 8.74

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.

GK Software SE's adjusted book value per share data for the three months ended in Jun. 2023 was €36.365. 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 €26.08 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GK Software SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GK Software SE'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.

GK Software SE Cyclically Adjusted PB Ratio Chart

GK Software SE 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 4.21 5.52 7.49 5.21 -

GK Software SE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 4.72 5.21 7.44 7.42 -

Competitive Comparison of GK Software SE's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, GK Software SE'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.


GK Software SE's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



GK Software SE 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.

GK Software SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=232.00/26.08
=8.90

* 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.

GK Software SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, GK Software SE's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=36.365/123.1404*123.1404
=36.365

Current CPI (Jun. 2023) = 123.1404.

GK Software SE Quarterly Data

Book Value per Share CPI Adj_Book
201309 15.635 98.983 19.451
201312 17.543 99.356 21.743
201403 16.939 99.543 20.955
201406 16.397 99.543 20.284
201409 15.666 99.823 19.325
201412 16.167 99.543 20.000
201503 15.465 99.717 19.098
201506 14.517 100.417 17.802
201509 13.826 100.417 16.955
201512 15.326 99.717 18.926
201603 14.486 100.017 17.835
201606 15.253 100.717 18.649
201609 15.538 101.017 18.941
201612 16.748 101.217 20.376
201703 16.595 101.417 20.150
201706 17.760 102.117 21.416
201709 17.734 102.717 21.260
201712 19.755 102.617 23.706
201803 19.017 102.917 22.754
201806 19.553 104.017 23.148
201809 19.053 104.718 22.405
201812 20.341 104.217 24.034
201903 18.900 104.217 22.332
201906 17.051 105.718 19.861
201909 19.129 106.018 22.218
201912 20.392 105.818 23.730
202003 20.235 105.718 23.570
202006 20.721 106.618 23.932
202009 22.157 105.818 25.784
202012 23.388 105.518 27.294
202103 31.573 107.518 36.161
202106 34.679 108.486 39.364
202109 35.649 109.435 40.114
202112 36.646 110.384 40.881
202203 40.327 113.968 43.573
202206 41.224 115.760 43.852
202209 43.308 118.818 44.884
202212 42.255 119.345 43.599
202303 36.205 122.402 36.423
202306 36.365 123.140 36.365

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.


GK Software SE  (HAM:GKS) 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.


GK Software SE Cyclically Adjusted PB Ratio Related Terms

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


GK Software SE (HAM:GKS) Business Description

Industry
Traded in Other Exchanges
Address
Waldstrasse 7, Schoneck, SN, DEU, D-08261
GK Software SE provides standard software for the retail sector. Its products include SAP Store Solutions by GK, GK-in-the-Cloud, Mobile Customer Experience, and many more. Its geographical segments include EMEA; Americas and Other business activities. The company generates maximum revenue from the EMEA segment.

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