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Sabre (STU:19S) Cyclically Adjusted PB Ratio : 2.74 (As of Jun. 06, 2024)


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What is Sabre Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Sabre's current share price is €2.794. Sabre's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.02. Sabre's Cyclically Adjusted PB Ratio for today is 2.74.

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

STU:19S' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 4.55   Max: 9.31
Current: 2.74

During the past years, Sabre's highest Cyclically Adjusted PB Ratio was 9.31. The lowest was 1.85. And the median was 4.55.

STU:19S's Cyclically Adjusted PB Ratio is ranked worse than
52.03% of 1407 companies
in the Software industry
Industry Median: 2.57 vs STU:19S: 2.74

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.

Sabre's adjusted book value per share data for the three months ended in Mar. 2024 was €-3.481. 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 €1.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sabre Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sabre'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.

Sabre Cyclically Adjusted PB Ratio Chart

Sabre 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 - - 6.95 5.28 4.13

Sabre 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 3.96 3.23 4.32 4.13 2.17

Competitive Comparison of Sabre's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Sabre'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.


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

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

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



Sabre 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.794/1.02
=2.74

* 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.

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

For example, Sabre'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)
=-3.481/131.7762*131.7762
=-3.481

Current CPI (Mar. 2024) = 131.7762.

Sabre Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.142 100.560 0.186
201409 0.202 100.428 0.265
201412 0.254 99.070 0.338
201503 0.971 99.621 1.284
201506 1.010 100.684 1.322
201509 1.472 100.392 1.932
201512 1.612 99.792 2.129
201603 2.108 100.470 2.765
201606 2.272 101.688 2.944
201609 2.399 101.861 3.104
201612 2.133 101.863 2.759
201703 2.239 102.862 2.868
201706 2.060 103.349 2.627
201709 1.959 104.136 2.479
201712 2.135 104.011 2.705
201803 2.469 105.290 3.090
201806 2.728 106.317 3.381
201809 2.900 106.507 3.588
201812 3.087 105.998 3.838
201903 3.074 107.251 3.777
201906 2.951 108.070 3.598
201909 3.144 108.329 3.824
201912 3.088 108.420 3.753
202003 2.213 108.902 2.678
202006 1.019 108.767 1.235
202009 1.691 109.815 2.029
202012 0.720 109.897 0.863
202103 0.064 111.754 0.075
202106 -0.432 114.631 -0.497
202109 -0.958 115.734 -1.091
202112 -1.392 117.630 -1.559
202203 -1.244 121.301 -1.351
202206 -1.778 125.017 -1.874
202209 -2.286 125.227 -2.406
202212 -2.541 125.222 -2.674
202303 -2.745 127.348 -2.840
202306 -3.042 128.729 -3.114
202309 -3.197 129.860 -3.244
202312 -3.354 129.419 -3.415
202403 -3.481 131.776 -3.481

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.


Sabre  (STU:19S) 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.


Sabre Cyclically Adjusted PB Ratio Related Terms

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


Sabre (STU:19S) Business Description

Industry
Traded in Other Exchanges
Address
3150 Sabre Drive, Southlake, TX, USA, 76092
Sabre holds the number-two air booking volume share in the global distribution system industry. The travel solutions segment represented 91% of total 2022 revenue, split between distribution (70% of segment sales) and airline IT solutions (30%) revenue. The company also has a growing hotel IT solutions division (10% of revenue). Transaction fees, which are mostly tied to volume and not price, account for the bulk of sales and profits.

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