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Gen Digital (Gen Digital) Cyclically Adjusted PB Ratio : 3.05 (As of May. 03, 2024)


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What is Gen Digital Cyclically Adjusted PB Ratio?

As of today (2024-05-03), Gen Digital's current share price is $19.675. Gen Digital's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.45. Gen Digital's Cyclically Adjusted PB Ratio for today is 3.05.

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

GEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.76   Max: 4.18
Current: 3.09

During the past years, Gen Digital's highest Cyclically Adjusted PB Ratio was 4.18. The lowest was 1.75. And the median was 2.76.

GEN's Cyclically Adjusted PB Ratio is ranked worse than
56.2% of 1315 companies
in the Software industry
Industry Median: 2.56 vs GEN: 3.09

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.

Gen Digital's adjusted book value per share data for the three months ended in Dec. 2023 was $3.796. 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 $6.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gen Digital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gen Digital'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.

Gen Digital Cyclically Adjusted PB Ratio Chart

Gen Digital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 2.30 2.84 3.65 2.50

Gen Digital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 3.10 2.50 2.74 2.66 3.54

Competitive Comparison of Gen Digital's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Gen Digital'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.


Gen Digital's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Gen Digital 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.

Gen Digital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.675/6.45
=3.05

* 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.

Gen Digital's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Gen Digital's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.796/129.4194*129.4194
=3.796

Current CPI (Dec. 2023) = 129.4194.

Gen Digital Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.341 99.695 10.828
201406 8.428 100.560 10.847
201409 8.545 100.428 11.012
201412 8.661 99.070 11.314
201503 8.677 99.621 11.272
201506 8.618 100.684 11.078
201509 8.665 100.392 11.170
201512 8.210 99.792 10.647
201603 6.007 100.470 7.738
201606 6.118 101.688 7.786
201609 6.196 101.861 7.872
201612 6.384 101.863 8.111
201703 5.735 102.862 7.216
201706 5.547 103.349 6.946
201709 5.705 104.136 7.090
201712 7.979 104.011 9.928
201803 8.050 105.290 9.895
201806 9.379 106.317 11.417
201809 9.415 106.507 11.440
201812 9.243 105.998 11.285
201903 9.108 107.251 10.991
201906 8.502 108.070 10.182
201909 9.811 108.329 11.721
201912 14.132 108.420 16.869
202003 0.017 108.902 0.020
202006 -0.851 108.767 -1.013
202009 -0.804 109.815 -0.948
202012 -0.838 109.897 -0.987
202103 -0.862 111.754 -0.998
202106 -0.855 114.631 -0.965
202109 -0.399 115.734 -0.446
202112 -0.168 117.630 -0.185
202203 -0.160 121.301 -0.171
202206 -0.524 125.017 -0.542
202209 2.569 125.227 2.655
202212 2.050 125.222 2.119
202303 3.438 127.348 3.494
202306 3.657 128.729 3.677
202309 3.766 129.860 3.753
202312 3.796 129.419 3.796

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.


Gen Digital  (NAS:GEN) 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.


Gen Digital Cyclically Adjusted PB Ratio Related Terms

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


Gen Digital (Gen Digital) Business Description

Industry
Traded in Other Exchanges
Address
60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, USA, 85281
Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.
Executives
Ondrej Vlcek officer: President 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Natalie Marie Derse officer: CFO 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Pavel Baudis director 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Peter A Feld director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Emily Heath director 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Sherrese M Smith director C/O CABLE ONE, INC., 210 E EARLL DRIVE, PHOENIX AZ 85012
Matthew Charles Brown officer: VP, Finance & CAO 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Samir Kapuria officer: EVP, Cyber Security Services 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Eric Brandt director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Bryan Seuk Ko officer: EVP, General Counsel and Secre 80 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Nora Denzel director C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Slp Iv Seal Ii Gp, L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Iv Seal Ii Holdings, L.p. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Vincent Pilette officer: EVP, Finance 303 VELOCITY WAY, FOSTER CITY CA 94404
Gregory S. Clark director, officer: CEO EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626