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GSE Systems (FRA:GSE0) Cyclically Adjusted PB Ratio : (As of Oct. 09, 2024)


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What is GSE Systems Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSE Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GSE Systems'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.

GSE Systems Cyclically Adjusted PB Ratio Chart

GSE Systems 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 0.96 0.84 1.13 0.52 0.16

GSE Systems Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.27 0.16 0.16 0.20 0.40

Competitive Comparison of GSE Systems's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, GSE Systems'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.


GSE Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



GSE Systems 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.

GSE Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, GSE Systems's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.036/132.5538*132.5538
=1.036

Current CPI (Jun. 2024) = 132.5538.

GSE Systems Quarterly Data

Book Value per Share CPI Adj_Book
201409 10.687 100.428 14.106
201412 10.309 99.070 13.793
201503 11.929 99.621 15.872
201506 10.893 100.684 14.341
201509 9.147 100.392 12.077
201512 9.414 99.792 12.505
201603 9.422 100.470 12.431
201606 9.492 101.688 12.373
201609 9.592 101.861 12.482
201612 10.631 101.863 13.834
201703 10.215 102.862 13.164
201706 10.293 103.349 13.202
201709 9.747 104.136 12.407
201712 12.907 104.011 16.449
201803 12.139 105.290 15.282
201806 13.200 106.317 16.458
201809 13.013 106.507 16.195
201812 13.759 105.998 17.206
201903 12.068 107.251 14.915
201906 12.162 108.070 14.917
201909 11.928 108.329 14.595
201912 8.946 108.420 10.937
202003 6.115 108.902 7.443
202006 5.190 108.767 6.325
202009 4.708 109.815 5.683
202012 4.193 109.897 5.057
202103 3.833 111.754 4.546
202106 5.173 114.631 5.982
202109 10.035 115.734 11.493
202112 9.742 117.630 10.978
202203 8.671 121.301 9.475
202206 8.505 125.017 9.018
202209 5.106 125.227 5.405
202212 4.302 125.222 4.554
202303 3.241 127.348 3.373
202306 2.805 128.729 2.888
202309 2.203 129.860 2.249
202312 1.969 129.419 2.017
202403 1.418 131.776 1.426
202406 1.036 132.554 1.036

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.


GSE Systems  (FRA:GSE0) 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.


GSE Systems Cyclically Adjusted PB Ratio Related Terms

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


GSE Systems Business Description

Industry
Traded in Other Exchanges
Address
6940 Columbia Gateway Drive, Suite 470, Columbia, MD, USA, 21046
GSE Systems Inc is a company engaged in providing engineering, staffing, and simulation software to clients in the power and process industries. It also provides interactive computer-based tutorials and simulation software for the refining, chemical, and petrochemical industries. It functions through two segments: The engineering segment and the Workforce Solutions segment. Its geographical segments include the United States, Europe, and Asia, out of which the majority of the revenue is generated from the United States.

GSE Systems Headlines

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