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SecureWorks (STU:07S) Cyclically Adjusted Book per Share : €8.54 (As of Jan. 2024)


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What is SecureWorks Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

SecureWorks's adjusted book value per share for the three months ended in Jan. 2024 was €5.406. 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 €8.54 for the trailing ten years ended in Jan. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-04), SecureWorks's current stock price is €5.30. SecureWorks's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €8.54. SecureWorks's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of SecureWorks was 0.81. The lowest was 0.61. And the median was 0.67.


SecureWorks Cyclically Adjusted Book per Share Historical Data

The historical data trend for SecureWorks's Cyclically Adjusted Book per Share 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.

SecureWorks Cyclically Adjusted Book per Share Chart

SecureWorks Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.54

SecureWorks Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 - - - 8.54 8.54

Competitive Comparison of SecureWorks's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, SecureWorks'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.


SecureWorks's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



SecureWorks Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5.406/130.1244*130.1244
=5.406

Current CPI (Jan. 2024) = 130.1244.

SecureWorks Quarterly Data

Book Value per Share CPI Adj_Book
201310 0.000 98.536 0.000
201401 6.564 98.692 8.655
201410 0.000 100.176 0.000
201501 7.362 98.604 9.715
201504 0.000 99.824 0.000
201507 0.000 100.691 0.000
201510 6.804 100.346 8.823
201601 6.718 99.957 8.745
201604 7.781 100.947 10.030
201607 7.865 101.524 10.081
201610 7.825 101.988 9.984
201701 8.067 102.456 10.245
201704 7.829 103.167 9.875
201707 7.191 103.278 9.060
201710 6.965 104.070 8.709
201801 7.393 104.578 9.199
201804 7.166 105.708 8.821
201807 7.454 106.324 9.123
201810 7.579 106.695 9.243
201901 7.490 106.200 9.177
201904 7.432 107.818 8.970
201907 7.341 108.250 8.824
201910 7.423 108.577 8.896
202001 7.399 108.841 8.846
202004 7.389 108.173 8.888
202007 7.046 109.318 8.387
202010 6.896 109.861 8.168
202101 6.649 110.364 7.839
202104 6.715 112.673 7.755
202107 6.615 115.183 7.473
202110 6.678 116.696 7.446
202201 6.797 118.619 7.456
202204 6.823 121.978 7.279
202207 7.029 125.002 7.317
202210 7.025 125.734 7.270
202301 6.202 126.223 6.394
202304 5.615 127.992 5.709
202307 5.367 128.974 5.415
202310 5.541 129.810 5.554
202401 5.406 130.124 5.406

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


SecureWorks  (STU:07S) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

SecureWorks's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.30/8.54
=0.62

* 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of SecureWorks was 0.81. The lowest was 0.61. And the median was 0.67.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


SecureWorks Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of SecureWorks's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SecureWorks (STU:07S) Business Description

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One Concourse Parkway North East, Suite 500, Atlanta, GA, USA, 30328
SecureWorks Corp is a cybersecurity provider of technology-driven solutions singularly focused on protecting its customers by outpacing and outmaneuvering the adversary. The company offers its customers the following services; software-as-a-service, or SaaS, solutions, managed solutions, and professional services, including incident response and adversarial services. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real-time, prioritize and respond to security incidents, and predict emerging threats.

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