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Ubiquiti (Ubiquiti) Cyclically Adjusted PB Ratio : 83.16 (As of May. 17, 2024)


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What is Ubiquiti Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Ubiquiti's current share price is $146.37. Ubiquiti's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.76. Ubiquiti's Cyclically Adjusted PB Ratio for today is 83.16.

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

UI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 37.13   Med: 94.66   Max: 158.49
Current: 80.52

During the past years, Ubiquiti's highest Cyclically Adjusted PB Ratio was 158.49. The lowest was 37.13. And the median was 94.66.

UI's Cyclically Adjusted PB Ratio is ranked worse than
99.95% of 1865 companies
in the Hardware industry
Industry Median: 1.65 vs UI: 80.52

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.

Ubiquiti's adjusted book value per share data for the three months ended in Mar. 2024 was $0.428. 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 $1.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ubiquiti Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ubiquiti'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.

Ubiquiti Cyclically Adjusted PB Ratio Chart

Ubiquiti Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 63.49 120.87 100.10 87.53

Ubiquiti 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 130.10 87.53 75.37 76.40 65.67

Competitive Comparison of Ubiquiti's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Ubiquiti'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.


Ubiquiti's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Ubiquiti 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=146.37/1.76
=83.16

* 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.

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

For example, Ubiquiti'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)
=0.428/131.7762*131.7762
=0.428

Current CPI (Mar. 2024) = 131.7762.

Ubiquiti Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.802 100.560 4.982
201409 4.073 100.428 5.344
201412 4.466 99.070 5.940
201503 4.949 99.621 6.546
201506 4.829 100.684 6.320
201509 4.831 100.392 6.341
201512 5.053 99.792 6.673
201603 5.203 100.470 6.824
201606 5.392 101.688 6.987
201609 6.246 101.861 8.080
201612 6.989 101.863 9.041
201703 6.762 102.862 8.663
201706 7.496 103.349 9.558
201709 7.176 104.136 9.081
201712 6.131 104.011 7.768
201803 3.832 105.290 4.796
201806 4.263 106.317 5.284
201809 3.715 106.507 4.596
201812 1.775 105.998 2.207
201903 2.665 107.251 3.274
201906 1.429 108.070 1.742
201909 -3.636 108.329 -4.423
201912 -4.502 108.420 -5.472
202003 -5.581 108.902 -6.753
202006 -4.639 108.767 -5.620
202009 -4.150 109.815 -4.980
202012 -2.895 109.897 -3.471
202103 -0.959 111.754 -1.131
202106 0.043 114.631 0.049
202109 0.928 115.734 1.057
202112 -0.067 117.630 -0.075
202203 -5.511 121.301 -5.987
202206 -6.337 125.017 -6.680
202209 -5.386 125.227 -5.668
202212 -4.103 125.222 -4.318
202303 -3.052 127.348 -3.158
202306 -1.915 128.729 -1.960
202309 -1.043 129.860 -1.058
202312 -0.260 129.419 -0.265
202403 0.428 131.776 0.428

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.


Ubiquiti  (NYSE:UI) 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.


Ubiquiti Cyclically Adjusted PB Ratio Related Terms

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


Ubiquiti (Ubiquiti) Business Description

Industry
Traded in Other Exchanges
Address
685 Third Avenue, 27th Floor, New York, NY, USA, 10017
Ubiquiti Inc is a wireless and wireline network equipment provider for small Internet service providers and small- and midsize-business integrators. Its product is based on two primary categories namely Service Provider Technology and Enterprise Technology. The company generates maximum revenue from Enterprise Technology. Geographically, it derives a majority of revenue from North America and also has a presence in Europe, the Middle East and Africa; Asia Pacific and South America.
Executives
Ronald Sege director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Brandon Arrindell director UBIQUITI INC., 685 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Benjamin Moore officer: VP Business Development 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Robert J Pera director, 10 percent owner, officer: Chief Executive Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Rafael Torres director 4359 RED MAPLE CT, SAN JOSE CA 95138
Michael E. Hurlston director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kevin Radigan officer: Chief Accounting Officer 685 THIRD AVE, 27TH FLOOR, NEW YORK NY 10017
Mark Spragg officer: Interim CAO 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
John Sanford officer: Chief Technology Officer 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Steven R Altman director
Peter Y Chung director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Summit Partners Private Equity Fund Vii-a, L.p. 10 percent owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02110
Fitzgerald Charles James Jr director SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Summit Partners L P other: Manager of GP of 10% owner. 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Jessica Zhou officer: General Counsel & VP UBIQUITI NETWORKS, INC., 91 E. TASMAN DRIVE, SAN JOSE CA 95134

Ubiquiti (Ubiquiti) Headlines

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