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Allot (XTAE:ALLT) Cyclically Adjusted PB Ratio : 0.44 (As of Jun. 03, 2024)


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What is Allot Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Allot's current share price is ₪8.014. Allot's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪18.28. Allot's Cyclically Adjusted PB Ratio for today is 0.44.

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

XTAE:ALLT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.4   Max: 4.7
Current: 0.45

During the past years, Allot's highest Cyclically Adjusted PB Ratio was 4.70. The lowest was 0.26. And the median was 1.40.

XTAE:ALLT's Cyclically Adjusted PB Ratio is ranked better than
89.18% of 1395 companies
in the Software industry
Industry Median: 2.58 vs XTAE:ALLT: 0.45

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.

Allot's adjusted book value per share data for the three months ended in Mar. 2024 was ₪4.596. 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 ₪18.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allot Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allot'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.

Allot Cyclically Adjusted PB Ratio Chart

Allot Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 2.15 2.31 0.67 0.34

Allot 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 0.53 0.63 0.44 0.34 0.48

Competitive Comparison of Allot's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Allot'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.


Allot's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Allot 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.014/18.28
=0.44

* 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.

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

For example, Allot'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)
=4.596/131.7762*131.7762
=4.596

Current CPI (Mar. 2024) = 131.7762.

Allot Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.341 100.560 25.345
201409 19.273 100.428 25.289
201412 19.233 99.070 25.583
201503 19.463 99.621 25.745
201506 19.142 100.684 25.053
201509 18.809 100.392 24.689
201512 17.833 99.792 23.549
201603 17.612 100.470 23.100
201606 17.350 101.688 22.484
201609 17.327 101.861 22.416
201612 17.427 101.863 22.545
201703 16.994 102.862 21.771
201706 16.666 103.349 21.250
201709 16.020 104.136 20.272
201712 15.655 104.011 19.834
201803 15.306 105.290 19.156
201806 15.021 106.317 18.618
201809 14.889 106.507 18.422
201812 14.683 105.998 18.254
201903 14.492 107.251 17.806
201906 14.338 108.070 17.483
201909 14.224 108.329 17.303
201912 13.988 108.420 17.001
202003 13.854 108.902 16.764
202006 13.631 108.767 16.515
202009 13.421 109.815 16.105
202012 13.471 109.897 16.153
202103 13.159 111.754 15.517
202106 12.863 114.631 14.787
202109 12.823 115.734 14.600
202112 12.646 117.630 14.167
202203 12.152 121.301 13.201
202206 11.280 125.017 11.890
202209 10.248 125.227 10.784
202212 9.993 125.222 10.516
202303 9.202 127.348 9.522
202306 7.443 128.729 7.619
202309 6.238 129.860 6.330
202312 4.749 129.419 4.835
202403 4.596 131.776 4.596

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.


Allot  (XTAE:ALLT) 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.


Allot Cyclically Adjusted PB Ratio Related Terms

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


Allot (XTAE:ALLT) Business Description

Industry
Traded in Other Exchanges
Address
22 Hanagar Street, Neve Ne’eman Industrial Zone B, Hod-Hasharon, ISR, 4501317
Allot Ltd is a provider of leading innovative network intelligence and security solutions for service providers and enterprises. The company's solutions are deployed globally for network and application analytics, traffic control and shaping, and network-based security services. The firm's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1000 enterprises.