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Calian Group (TSX:CGY) Cyclically Adjusted PB Ratio : 2.83 (As of Jun. 09, 2024)


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What is Calian Group Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Calian Group's current share price is C$55.09. Calian Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$19.49. Calian Group's Cyclically Adjusted PB Ratio for today is 2.83.

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

TSX:CGY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 3.13   Max: 5.97
Current: 2.83

During the past years, Calian Group's highest Cyclically Adjusted PB Ratio was 5.97. The lowest was 1.86. And the median was 3.13.

TSX:CGY's Cyclically Adjusted PB Ratio is ranked worse than
69.06% of 682 companies
in the Business Services industry
Industry Median: 1.59 vs TSX:CGY: 2.83

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.

Calian Group's adjusted book value per share data for the three months ended in Mar. 2024 was C$28.290. 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 C$19.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calian Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Calian Group'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.

Calian Group Cyclically Adjusted PB Ratio Chart

Calian Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 5.74 4.43 3.43 2.76

Calian Group 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 3.75 3.43 2.76 3.03 2.91

Competitive Comparison of Calian Group's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Calian Group'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.


Calian Group's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Calian Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Calian Group 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.

Calian Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.09/19.49
=2.83

* 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.

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

For example, Calian Group'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)
=28.29/126.2576*126.2576
=28.290

Current CPI (Mar. 2024) = 126.2576.

Calian Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.473 99.473 12.024
201409 9.458 99.394 12.014
201412 9.430 98.367 12.104
201503 9.346 99.789 11.825
201506 9.443 100.500 11.863
201509 9.313 100.421 11.709
201512 9.407 99.947 11.883
201603 9.844 101.054 12.299
201606 10.064 102.002 12.457
201609 10.466 101.765 12.985
201612 10.796 101.449 13.436
201703 11.362 102.634 13.977
201706 11.359 103.029 13.920
201709 11.689 103.345 14.281
201712 12.009 103.345 14.672
201803 12.239 105.004 14.716
201806 12.401 105.557 14.833
201809 12.885 105.636 15.400
201812 12.793 105.399 15.325
201903 13.278 106.979 15.671
201906 13.744 107.690 16.114
201909 14.513 107.611 17.028
201912 14.938 107.769 17.501
202003 19.377 107.927 22.668
202006 19.911 108.401 23.191
202009 20.533 108.164 23.968
202012 20.849 108.559 24.248
202103 25.942 110.298 29.696
202106 26.189 111.720 29.597
202109 25.905 112.905 28.969
202112 25.936 113.774 28.782
202203 25.988 117.646 27.890
202206 26.162 120.806 27.343
202209 26.292 120.648 27.514
202212 26.611 120.964 27.776
202303 26.951 122.702 27.732
202306 27.142 124.203 27.591
202309 27.798 125.230 28.026
202312 27.848 125.072 28.112
202403 28.290 126.258 28.290

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.


Calian Group  (TSX:CGY) 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.


Calian Group Cyclically Adjusted PB Ratio Related Terms

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


Calian Group (TSX:CGY) Business Description

Traded in Other Exchanges
Address
770 Palladium Drive, Ottawa, ON, CAN, K2V 1C8
Calian Group Ltd provides services and solutions to both industry and government customers in the areas of health, learning, defence, security, aerospace, engineering, AgTech, satellite communications (satcom), and IT. The company operates through four segments namely Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). It generates maximum revenue from the ITCS segment. The ITCS portfolio of the company includes on-demand resourcing, IT and cybersecurity consulting, managed services, Software as a Service (Saas) and others. Geographically, the company generates the majority of its revenue from its operations in Canada and also has presence in United States, Europe and other regions.
Executives
George Brian Weber Director

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