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Gen Digital (WBO:SYMC) Cyclically Adjusted PB Ratio : 3.99 (As of May. 15, 2024)


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What is Gen Digital Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Gen Digital's current share price is €23.00. Gen Digital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.77. Gen Digital's Cyclically Adjusted PB Ratio for today is 3.99.

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

WBO:SYMC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.78   Max: 4.18
Current: 3.92

During the past years, Gen Digital's highest Cyclically Adjusted PB Ratio was 4.18. The lowest was 1.75. And the median was 2.78.

WBO:SYMC's Cyclically Adjusted PB Ratio is ranked worse than
64.27% of 1335 companies
in the Software industry
Industry Median: 2.6 vs WBO:SYMC: 3.92

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 Mar. 2024 was €3.174. 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 €5.77 for the trailing ten years ended in Mar. 2024.

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 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 2.84 3.65 2.50 3.58

Gen Digital 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 2.50 2.74 2.66 3.54 3.58

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
=23.00/5.77
=3.99

* 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 Mar. 2024 is calculated as:

For example, Gen Digital'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)
=3.174/129.4194*129.4194
=3.174

Current CPI (Mar. 2024) = 129.4194.

Gen Digital Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.203 100.560 7.983
201409 6.631 100.428 8.545
201412 7.024 99.070 9.176
201503 8.017 99.621 10.415
201506 7.678 100.684 9.869
201509 7.720 100.392 9.952
201512 7.537 99.792 9.775
201603 5.394 100.470 6.948
201606 5.445 101.688 6.930
201609 5.520 101.861 7.013
201612 6.052 101.863 7.689
201703 5.362 102.862 6.746
201706 4.937 103.349 6.182
201709 4.786 104.136 5.948
201712 6.743 104.011 8.390
201803 6.528 105.290 8.024
201806 8.028 106.317 9.772
201809 8.068 106.507 9.804
201812 8.124 105.998 9.919
201903 8.061 107.251 9.727
201906 7.524 108.070 9.010
201909 8.908 108.329 10.642
201912 12.719 108.420 15.182
202003 0.015 108.902 0.018
202006 -0.756 108.767 -0.900
202009 -0.683 109.815 -0.805
202012 -0.689 109.897 -0.811
202103 -0.724 111.754 -0.838
202106 -0.710 114.631 -0.802
202109 -0.339 115.734 -0.379
202112 -0.149 117.630 -0.164
202203 -0.145 121.301 -0.155
202206 -0.495 125.017 -0.512
202209 2.595 125.227 2.682
202212 1.935 125.222 2.000
202303 3.211 127.348 3.263
202306 3.376 128.729 3.394
202309 3.529 129.860 3.517
202312 3.481 129.419 3.481
202403 3.174 129.419 3.174

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  (WBO:SYMC) 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 (WBO:SYMC) 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.

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