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Temenos AG (XSWX:TEMN) Cyclically Adjusted PB Ratio : 9.49 (As of Jun. 05, 2024)


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What is Temenos AG Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Temenos AG's current share price is CHF57.10. Temenos AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF6.02. Temenos AG's Cyclically Adjusted PB Ratio for today is 9.49.

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

XSWX:TEMN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.01   Med: 15.87   Max: 31.18
Current: 9.63

During the past years, Temenos AG's highest Cyclically Adjusted PB Ratio was 31.18. The lowest was 9.01. And the median was 15.87.

XSWX:TEMN's Cyclically Adjusted PB Ratio is ranked worse than
88.58% of 1401 companies
in the Software industry
Industry Median: 2.58 vs XSWX:TEMN: 9.63

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.

Temenos AG's adjusted book value per share data for the three months ended in Mar. 2024 was CHF9.000. 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 CHF6.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Temenos AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Temenos AG'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.

Temenos AG Cyclically Adjusted PB Ratio Chart

Temenos AG 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 16.46 24.31 24.00 9.07 13.27

Temenos AG 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 11.05 12.30 11.04 13.27 10.71

Competitive Comparison of Temenos AG's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Temenos AG'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.


Temenos AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Temenos AG 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.

Temenos AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.10/6.02
=9.49

* 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.

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

For example, Temenos AG'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)
=9/107.3549*107.3549
=9.000

Current CPI (Mar. 2024) = 107.3549.

Temenos AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.425 101.517 5.737
201409 4.744 101.247 5.030
201412 5.084 100.704 5.420
201503 4.754 100.339 5.086
201506 4.370 100.464 4.670
201509 4.944 99.785 5.319
201512 5.660 99.386 6.114
201603 5.717 99.475 6.170
201606 5.186 100.088 5.563
201609 5.726 99.604 6.172
201612 5.941 99.380 6.418
201703 6.067 100.040 6.511
201706 5.345 100.285 5.722
201709 6.118 100.254 6.551
201712 5.423 100.213 5.809
201803 5.635 100.836 5.999
201806 3.206 101.435 3.393
201809 3.264 101.246 3.461
201812 4.280 100.906 4.554
201903 4.807 101.571 5.081
201906 4.403 102.044 4.632
201909 4.968 101.396 5.260
201912 6.164 101.063 6.548
202003 5.583 101.048 5.931
202006 5.398 100.743 5.752
202009 5.665 100.585 6.046
202012 6.422 100.241 6.878
202103 6.425 100.800 6.843
202106 4.578 101.352 4.849
202109 5.221 101.533 5.520
202112 6.109 101.776 6.444
202203 6.847 103.205 7.122
202206 6.675 104.783 6.839
202209 6.591 104.835 6.749
202212 7.508 104.666 7.701
202303 7.579 106.245 7.658
202306 6.824 106.576 6.874
202309 7.119 106.570 7.171
202312 8.136 106.461 8.204
202403 9.000 107.355 9.000

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.


Temenos AG  (XSWX:TEMN) 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.


Temenos AG Cyclically Adjusted PB Ratio Related Terms

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


Temenos AG (XSWX:TEMN) Business Description

Industry
Traded in Other Exchanges
Address
2 Rue de L’Ecole-de-Chimie, Geneva, CHE, 1205
Temenos AG is a Switzerland-based provider of software systems for banking and other financial services. Its digital banking offerings include corporate banking, investor servicing, retail banking, Islamic banking, Internet and mobile banking, and micro-banking capabilities. Its other offerings include financial crime analysis, payment processing, risk and compliance, portfolio and fund accounting, customer relationship management, data warehousing, and reporting. The firm has operations in the Americas, Europe, Middle East, Africa, and Asia-Pacific.

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