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Euronet Worldwide (Euronet Worldwide) Cyclically Adjusted PB Ratio : 4.11 (As of Apr. 27, 2024)


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What is Euronet Worldwide Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Euronet Worldwide's current share price is $103.83. Euronet Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $25.27. Euronet Worldwide's Cyclically Adjusted PB Ratio for today is 4.11.

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

EEFT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.95   Med: 5.68   Max: 10.74
Current: 4.11

During the past years, Euronet Worldwide's highest Cyclically Adjusted PB Ratio was 10.74. The lowest was 2.95. And the median was 5.68.

EEFT's Cyclically Adjusted PB Ratio is ranked worse than
67.78% of 1288 companies
in the Software industry
Industry Median: 2.495 vs EEFT: 4.11

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.

Euronet Worldwide's adjusted book value per share data for the three months ended in Dec. 2023 was $27.304. 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 $25.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euronet Worldwide Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Euronet Worldwide'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.

Euronet Worldwide Cyclically Adjusted PB Ratio Chart

Euronet Worldwide 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 9.31 7.86 5.64 4.04 4.02

Euronet Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.04 4.65 4.76 3.16 4.02

Competitive Comparison of Euronet Worldwide's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Euronet Worldwide'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.


Euronet Worldwide's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Euronet Worldwide 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.

Euronet Worldwide's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=103.83/25.27
=4.11

* 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.

Euronet Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Euronet Worldwide's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=27.304/129.4194*129.4194
=27.304

Current CPI (Dec. 2023) = 129.4194.

Euronet Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.966 99.695 16.832
201406 14.284 100.560 18.383
201409 13.845 100.428 17.842
201412 14.163 99.070 18.502
201503 13.184 99.621 17.128
201506 14.214 100.684 18.271
201509 15.084 100.392 19.445
201512 15.548 99.792 20.164
201603 15.725 100.470 20.256
201606 16.344 101.688 20.801
201609 17.713 101.861 22.505
201612 17.199 101.863 21.852
201703 18.166 102.862 22.856
201706 20.210 103.349 25.308
201709 22.720 104.136 28.236
201712 22.696 104.011 28.240
201803 21.902 105.290 26.921
201806 20.981 106.317 25.540
201809 22.908 106.507 27.836
201812 23.788 105.998 29.044
201903 24.788 107.251 29.912
201906 25.664 108.070 30.734
201909 26.652 108.329 31.841
201912 29.127 108.420 34.768
202003 24.699 108.902 29.352
202006 23.193 108.767 27.597
202009 24.961 109.815 29.417
202012 27.413 109.897 32.283
202103 26.620 111.754 30.828
202106 27.246 114.631 30.761
202109 28.216 115.734 31.552
202112 24.546 117.630 27.006
202203 22.624 121.301 24.138
202206 20.561 125.017 21.285
202209 20.724 125.227 21.418
202212 24.981 125.222 25.818
202303 25.642 127.348 26.059
202306 27.836 128.729 27.985
202309 24.757 129.860 24.673
202312 27.304 129.419 27.304

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.


Euronet Worldwide  (NAS:EEFT) 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.


Euronet Worldwide Cyclically Adjusted PB Ratio Related Terms

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


Euronet Worldwide (Euronet Worldwide) Business Description

Industry
Traded in Other Exchanges
Address
11400 Tomahawk Creek Parkway, Suite 300, Leawood, KS, USA, 66211
Euronet Worldwide Inc is a provider of electronic financial transaction solutions. The company operates an independent network of ATMs in Europe, along with a network for prepaid products such as mobile top-ups, and processes point-of-sale transactions. Euronet Worldwide also offers global money transfers, payment services and software, banking services, credit and debit card outsourcing services, and card issuing and merchant acquiring services. The largest segment by operating income, electronical financial transaction processing, mainly generates revenue from monthly ATM management fees and currency conversion transactions. The largest country by revenue is the United States of America.
Executives
Michael J Brown director, officer: CEO & President C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Fentanes Ligia Torres director 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
M Jeannine Strandjord director
Andrej Olechowski director WIERETNICZA 51, WARSAW POLAND R9 92200
Juan Bianchi officer: Executive Vice President C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Rick Weller officer: Chief Financial Officer/ EVP C/O EURONET WORLDWIDE, INC, 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEADWOOD KS 66211
Michael N Frumkin director C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Scott Claassen officer: General Counsel and Secretary C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Jeffrey B Newman officer: Exec VP and General Counsel C/O EURONET WORLDWIDE, INC., 3500 COLLEGE BOULEVARD, LEAWOOD KS 66211
Martin L. Bruckner officer: SVP - Chief Technology Officer C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Nikos Fountas officer: Managing Director EMEA EFT Div C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Kevin J Caponecchi officer: President C/O EURONET WORLDWIDE, INC, 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Eriberto R Scocimara director C/O QUAKER FABRIC CORP, 941 GRINNELL ST, FALL RIVER MA 02726
Mark R Callegari director C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Andrew B Schmitt director 1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205