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SecureWorks (SecureWorks) Cyclically Adjusted PB Ratio : 0.66 (As of May. 22, 2024)


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What is SecureWorks Cyclically Adjusted PB Ratio?

As of today (2024-05-22), SecureWorks's current share price is $6.21. SecureWorks's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $9.41. SecureWorks's Cyclically Adjusted PB Ratio for today is 0.66.

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

SCWX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.68   Max: 0.81
Current: 0.65

During the past years, SecureWorks's highest Cyclically Adjusted PB Ratio was 0.81. The lowest was 0.61. And the median was 0.68.

SCWX's Cyclically Adjusted PB Ratio is ranked better than
84.64% of 1348 companies
in the Software industry
Industry Median: 2.605 vs SCWX: 0.65

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 adjusted book value per share data for the three months ended in Jan. 2024 was $5.889. 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 $9.41 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SecureWorks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SecureWorks'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.

SecureWorks Cyclically Adjusted PB Ratio Chart

SecureWorks Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.73

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 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 - - - 0.62 0.73

Competitive Comparison of SecureWorks's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.21/9.41
=0.66

* 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.

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

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)
=5.889/130.1244*130.1244
=5.889

Current CPI (Jan. 2024) = 130.1244.

SecureWorks Quarterly Data

Book Value per Share CPI Adj_Book
201310 0.000 98.536 0.000
201401 8.942 98.692 11.790
201410 0.000 100.176 0.000
201501 8.550 98.604 11.283
201504 0.000 99.824 0.000
201507 0.000 100.691 0.000
201510 7.636 100.346 9.902
201601 7.294 99.957 9.495
201604 8.832 100.947 11.385
201607 8.691 101.524 11.139
201610 8.618 101.988 10.996
201701 8.582 102.456 10.900
201704 8.391 103.167 10.584
201707 8.294 103.278 10.450
201710 8.184 104.070 10.233
201801 9.016 104.578 11.218
201804 8.793 105.708 10.824
201807 8.708 106.324 10.657
201810 8.711 106.695 10.624
201901 8.550 106.200 10.476
201904 8.351 107.818 10.079
201907 8.230 108.250 9.893
201910 8.211 108.577 9.840
202001 8.212 108.841 9.818
202004 8.031 108.173 9.661
202007 8.098 109.318 9.639
202010 8.113 109.861 9.609
202101 8.099 110.364 9.549
202104 8.033 112.673 9.277
202107 7.819 115.183 8.833
202110 7.747 116.696 8.638
202201 7.689 118.619 8.435
202204 7.369 121.978 7.861
202207 7.151 125.002 7.444
202210 6.921 125.734 7.163
202301 6.683 126.223 6.890
202304 6.157 127.992 6.260
202307 5.936 128.974 5.989
202310 5.851 129.810 5.865
202401 5.889 130.124 5.889

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.


SecureWorks  (NAS:SCWX) 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.


SecureWorks Cyclically Adjusted PB Ratio Related Terms

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


SecureWorks (SecureWorks) Business Description

Industry
Traded in Other Exchanges
Address
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.
Executives
Neil Gagnon 10 percent owner 1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Alpana Wegner officer: Chief Financial Officer C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Stephen Fulton officer: President, Customer Success C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Pamela Daley director C/O PATHEON N.V., HERENGRACHT 483, AMSTERDAM P7 1017 BT
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Wendy Thomas director, officer: Chief Executive Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
George B Hanna officer: Chief Legal & Admin Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Christian Grant officer: VP, Chief Accounting Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Paul Parrish officer: Chief Financial Officer 705 WESTECH DRIVE, NORCROSS GA 30092
Michael R Cote 10 percent owner 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Centerview Capital Technology Employee Fund, L.p. 10 percent owner 555 CALIFORNIA STREET, SUITE 3305, SAN FRANCISCO CA 94104
Centerview Capital Technology Ltd. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund Gp (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund-a (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025