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Citrix Systems (Citrix Systems) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Citrix Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Citrix Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Citrix 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.

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Citrix Systems Cyclically Adjusted PB Ratio Chart

Citrix Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Citrix Systems Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of Citrix Systems's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Citrix 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.


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

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

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



Citrix 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.

Citrix Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, Citrix Systems's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book=Book Value per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=6.499/125.0168*125.0168
=6.499

Current CPI (Jun. 2022) = 125.0168.

Citrix Systems Quarterly Data

Book Value per Share CPI Adj_Book
201209 16.238 97.633 20.792
201212 16.753 96.871 21.621
201303 17.082 98.209 21.745
201306 17.540 98.518 22.258
201309 18.164 98.790 22.986
201312 18.112 98.326 23.029
201403 18.490 99.695 23.186
201406 12.817 100.560 15.934
201409 12.816 100.428 15.954
201412 13.520 99.070 17.061
201503 13.120 99.621 16.465
201506 13.893 100.684 17.251
201509 13.268 100.392 16.523
201512 12.830 99.792 16.073
201603 13.382 100.470 16.651
201606 14.458 101.688 17.775
201609 15.670 101.861 19.232
201612 17.199 101.863 21.108
201703 11.472 102.862 13.943
201706 12.445 103.349 15.054
201709 13.249 104.136 15.906
201712 6.906 104.011 8.301
201803 3.816 105.290 4.531
201806 4.905 106.317 5.768
201809 5.737 106.507 6.734
201812 4.258 105.998 5.022
201903 4.216 107.251 4.914
201906 3.893 108.070 4.503
201909 5.489 108.329 6.335
201912 6.440 108.420 7.426
202003 -1.780 108.902 -2.043
202006 -0.758 108.767 -0.871
202009 0.559 109.815 0.636
202012 0.915 109.897 1.041
202103 2.024 111.754 2.264
202106 2.358 114.631 2.572
202109 3.208 115.734 3.465
202112 4.383 117.630 4.658
202203 5.276 121.301 5.438
202206 6.499 125.017 6.499

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.


Citrix Systems  (NAS:CTXS) 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.


Citrix Systems Cyclically Adjusted PB Ratio Related Terms

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


Citrix Systems (Citrix Systems) Business Description

Industry
Traded in Other Exchanges
N/A
Address
851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.
Executives
Jason Alexander Smith officer: EVP & Chief Financial Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Michael Arenth officer: EVP, SaaS Strategy C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
David J Henshall officer: Senior Vice President and CFO 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Sridhar Mullapudi officer: EVP, Product Management C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Arlen Shenkman officer: EVP & CFO C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Mark J Ferrer officer: EVP, Chief Revenue Officer 45025 AVIATION DR, STE 300, DULLES VA 20166
Mark J. Schmitz officer: EVP & Chief Operating Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Timothy A. Minahan officer: CMO 13960 HAYSTACK LANE, MILTON GA 30004
Hector Lima officer: EVP, Customer Experience C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Antonio G. Gomes officer: SVP & General Counsel 345 HARVARD STREET, UNIT 2AB, CAMBRIDGE MA 02138
Paul J. Hough officer: SVP & Chief Product Officer 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Jessica Soisson officer: VP & Corporate Controller 9836 EQUUS CIRCLE, BOYNTON BEACH FL 33472
W. Joseph Kim officer: EVP & Chief Technology Officer 7171, AUSTIN TX 78735-6140
Donna Nappen Kimmel officer: SVP & Chief People Officer 529 PLEASANT STREET, MS B-7, ATTLEBORO MA 02703
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304

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