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F5 (BSP:F1FI34) Cyclically Adjusted PB Ratio : 5.40 (As of May. 22, 2024)


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What is F5 Cyclically Adjusted PB Ratio?

As of today (2024-05-22), F5's current share price is R$221.76. F5's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$41.10. F5's Cyclically Adjusted PB Ratio for today is 5.40.

The historical rank and industry rank for F5's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:F1FI34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.34   Med: 7.91   Max: 11.43
Current: 5.09

During the past years, F5's highest Cyclically Adjusted PB Ratio was 11.43. The lowest was 4.34. And the median was 7.91.

BSP:F1FI34's Cyclically Adjusted PB Ratio is ranked worse than
74.89% of 1350 companies
in the Software industry
Industry Median: 2.61 vs BSP:F1FI34: 5.09

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.

F5's adjusted book value per share data for the three months ended in Mar. 2024 was R$62.307. 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 R$41.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


F5 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for F5'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.

F5 Cyclically Adjusted PB Ratio Chart

F5 Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.20 5.62 7.92 4.96 4.98

F5 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 4.74 4.64 4.98 5.45 5.56

Competitive Comparison of F5's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, F5'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.


F5's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, F5's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where F5's Cyclically Adjusted PB Ratio falls into.



F5 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.

F5's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=221.76/41.1
=5.40

* 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.

F5's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, F5'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)
=62.307/131.7762*131.7762
=62.307

Current CPI (Mar. 2024) = 131.7762.

F5 Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.522 100.560 13.788
201409 10.905 100.428 14.309
201412 12.322 99.070 16.390
201503 14.483 99.621 19.158
201506 14.540 100.684 19.030
201509 18.319 100.392 24.046
201512 17.817 99.792 23.527
201603 16.301 100.470 21.380
201606 15.346 101.688 19.887
201609 14.759 101.861 19.094
201612 15.466 101.863 20.008
201703 14.447 102.862 18.508
201706 15.618 103.349 19.914
201709 15.381 104.136 19.464
201712 16.346 104.011 20.709
201803 16.453 105.290 20.592
201806 19.624 106.317 24.323
201809 21.929 106.507 27.132
201812 22.780 105.998 28.320
201903 23.603 107.251 29.000
201906 26.031 108.070 31.741
201909 30.052 108.329 36.556
201912 32.562 108.420 39.577
202003 40.260 108.902 48.717
202006 45.678 108.767 55.341
202009 49.323 109.815 59.187
202012 50.118 109.897 60.096
202103 47.102 111.754 55.541
202106 45.703 114.631 52.539
202109 51.357 115.734 58.476
202112 56.012 117.630 62.748
202203 49.322 121.301 53.581
202206 49.221 125.017 51.882
202209 54.069 125.227 56.897
202212 56.330 125.222 59.278
202303 58.697 127.348 60.738
202306 54.383 128.729 55.670
202309 58.395 129.860 59.257
202312 59.604 129.419 60.689
202403 62.307 131.776 62.307

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.


F5  (BSP:F1FI34) 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.


F5 Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of F5's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


F5 (BSP:F1FI34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » F5 Inc (BSP:F1FI34) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
801 5th Avenue, Seattle, WA, USA, 98104
F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, has about 6,500 employees, and generates about 55% its revenue within the Americas, 25% in EMEA, and 20% in APAC/Japan.

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