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Adyen NV (XAMS:ADYEN) Cyclically Adjusted PB Ratio : 29.86 (As of Apr. 28, 2024)


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What is Adyen NV Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Adyen NV's current share price is €1179.60. Adyen NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €39.51. Adyen NV's Cyclically Adjusted PB Ratio for today is 29.86.

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

XAMS:ADYEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 28.6   Med: 37.02   Max: 39.69
Current: 35.41

During the past 10 years, Adyen NV's highest Cyclically Adjusted PB Ratio was 39.69. The lowest was 28.60. And the median was 37.02.

XAMS:ADYEN's Cyclically Adjusted PB Ratio is ranked worse than
97.52% of 1288 companies
in the Software industry
Industry Median: 2.495 vs XAMS:ADYEN: 35.41

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.

Adyen NV's adjusted book value per share data of for the fiscal year that ended in Dec23 was €101.532. 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 €39.51 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adyen NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adyen NV'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.

Adyen NV Cyclically Adjusted PB Ratio Chart

Adyen NV 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 - - - - 29.52

Adyen NV Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - - 29.52

Competitive Comparison of Adyen NV's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Adyen NV'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.


Adyen NV's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Adyen NV 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.

Adyen NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1179.60/39.51
=29.86

* 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.

Adyen NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Adyen NV's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=101.532/126.4000*126.4000
=101.532

Current CPI (Dec23) = 126.4000.

Adyen NV Annual Data

Book Value per Share CPI Adj_Book
201412 4.042 99.050 5.158
201512 8.020 99.730 10.165
201612 10.275 100.710 12.896
201712 13.237 101.970 16.408
201812 19.747 103.970 24.007
201912 28.911 106.800 34.217
202012 40.128 107.850 47.030
202112 58.481 114.010 64.836
202212 77.972 124.940 78.883
202312 101.532 126.400 101.532

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.


Adyen NV  (XAMS:ADYEN) 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.


Adyen NV Cyclically Adjusted PB Ratio Related Terms

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


Adyen NV (XAMS:ADYEN) Business Description

Industry
Address
Simon Carmiggeltstraat 6-50, PO Box 10095, Amsterdam, NLD, 1011 DJ
Adyen is a payment company that provides merchants with a single platform to accept e-commerce, mobile, and point-of-sale payments in multiple countries using various payment schemes and methodologies. Adyen started out providing only gateway and payment processing services to merchants but soon expanded into merchant acquiring services as well. Adyen obtained a banking licence to improve settlement of merchant accounts.

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