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Software Service (Software Service) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Software Service Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Software Service Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Software Service'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.

Software Service Cyclically Adjusted PB Ratio Chart

Software Service Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.88 4.22 2.44 2.42 2.21

Software Service 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 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 2.41 2.75 2.21 3.16 -

Competitive Comparison of Software Service's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Software Service'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.


Software Service's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Software Service's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Software Service 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.

Software Service's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Software Service's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=43.105/107.7000*107.7000
=43.105

Current CPI (Apr. 2024) = 107.7000.

Software Service Quarterly Data

Book Value per Share CPI Adj_Book
201407 21.075 98.100 23.137
201410 20.287 98.200 22.250
201501 19.150 97.800 21.088
201504 19.502 98.400 21.345
201507 19.600 98.300 21.474
201510 20.831 98.500 22.777
201601 21.494 97.700 23.694
201604 24.713 98.100 27.131
201607 26.167 97.900 28.786
201610 26.834 98.600 29.311
201701 24.040 98.200 26.366
201704 26.096 98.500 28.533
201707 26.087 98.300 28.582
201710 27.195 98.800 29.645
201801 27.639 99.500 29.917
201804 30.160 99.100 32.777
201807 30.151 99.200 32.735
201810 31.511 100.200 33.870
201901 31.976 99.700 34.542
201904 32.704 100.000 35.222
201907 35.343 99.800 38.141
201910 36.330 100.400 38.972
202001 35.838 100.500 38.405
202004 37.872 100.200 40.707
202007 38.899 100.000 41.894
202010 40.611 99.800 43.826
202101 41.429 99.800 44.708
202104 40.962 99.100 44.517
202107 41.616 99.700 44.955
202110 42.007 99.900 45.287
202201 41.650 100.300 44.723
202204 39.641 101.500 42.062
202207 37.359 102.300 39.331
202210 35.457 103.700 36.825
202301 40.510 104.700 41.671
202304 41.888 105.100 42.924
202307 40.991 105.700 41.767
202310 40.461 107.100 40.688
202401 42.840 106.900 43.161
202404 43.105 107.700 43.105

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.


Software Service  (OTCPK:SFSVF) 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.


Software Service Cyclically Adjusted PB Ratio Related Terms

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Software Service (Software Service) Business Description

Traded in Other Exchanges
Address
4-2-30, Miyahara, Osaka, JPN
Software Service, Inc installs, develops and sells Electric Medical Record System, Hospital Total Ordering System, and nursing support system. The product line includes - Anesthesia recording system, Dialysis management system, Infection control system, Bacterial test system, Personnel payroll system, Visiting system for nursing, In-home medical care, Office-based care system, Hospital entrance care system, among others.

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