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Fair Isaac (Fair Isaac) Cyclically Adjusted Book per Share : $4.02 (As of Dec. 2023)


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What is Fair Isaac Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Fair Isaac's adjusted book value per share for the three months ended in Dec. 2023 was $-29.172. 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 $4.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fair Isaac's average Cyclically Adjusted Book Growth Rate was -53.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -27.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -15.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Fair Isaac was 33.00% per year. The lowest was -27.00% per year. And the median was 8.40% per year.

As of today (2024-04-27), Fair Isaac's current stock price is $1110.85. Fair Isaac's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $4.02. Fair Isaac's Cyclically Adjusted PB Ratio of today is 276.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fair Isaac was 329.31. The lowest was 3.22. And the median was 14.58.


Fair Isaac Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fair Isaac's Cyclically Adjusted Book per Share 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.

Fair Isaac Cyclically Adjusted Book per Share Chart

Fair Isaac Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.95 13.57 13.27 9.89 5.28

Fair Isaac Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 8.62 7.52 6.42 5.28 4.02

Competitive Comparison of Fair Isaac's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Fair Isaac'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.


Fair Isaac's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Fair Isaac Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Fair Isaac'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)
=-29.172/129.4194*129.4194
=-29.172

Current CPI (Dec. 2023) = 129.4194.

Fair Isaac Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.576 99.695 20.220
201406 14.585 100.560 18.771
201409 14.186 100.428 18.281
201412 12.710 99.070 16.604
201503 12.151 99.621 15.786
201506 12.739 100.684 16.375
201509 13.966 100.392 18.004
201512 13.457 99.792 17.452
201603 13.652 100.470 17.586
201606 13.829 101.688 17.600
201609 14.444 101.861 18.352
201612 13.541 101.863 17.204
201703 13.794 102.862 17.355
201706 14.087 103.349 17.641
201709 14.104 104.136 17.528
201712 12.750 104.011 15.865
201803 12.425 105.290 15.273
201806 10.050 106.317 12.234
201809 9.906 106.507 12.037
201812 7.843 105.998 9.576
201903 8.517 107.251 10.277
201906 9.274 108.070 11.106
201909 10.011 108.329 11.960
201912 8.256 108.420 9.855
202003 7.364 108.902 8.751
202006 8.527 108.767 10.146
202009 11.379 109.815 13.410
202012 11.086 109.897 13.055
202103 7.746 111.754 8.970
202106 4.398 114.631 4.965
202109 -4.024 115.734 -4.500
202112 -20.306 117.630 -22.341
202203 -25.534 121.301 -27.243
202206 -33.561 125.017 -34.743
202209 -31.881 125.227 -32.948
202212 -31.886 125.222 -32.955
202303 -30.812 127.348 -31.313
202306 -28.281 128.729 -28.433
202309 -27.775 129.860 -27.681
202312 -29.172 129.419 -29.172

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Fair Isaac  (NYSE:FICO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Fair Isaac's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1110.85/4.02
=276.33

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fair Isaac was 329.31. The lowest was 3.22. And the median was 14.58.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Fair Isaac Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Fair Isaac's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Fair Isaac (Fair Isaac) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Fair Isaac Corp (NYSE:FICO) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
5 West Mendenhall, Suite 105, Bozeman, MT, USA, 59715
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer offerings. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.
Executives
Steven P. Weber officer: Interim Chief Financial Ofc. 5 WEST MENDENHALL, SUITE 105, BOZEMAN MT 59715
Eva Manolis director C/O SHUTTERFLY, INC., 2800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
David A Rey director 181 METRO DRIVE, SAN JOSE CA 95110
Michael S Leonard officer: CAO and Vice President 181 METRO DRIVE, SAN JOSE CA 95110
Joanna Rees director LEAPFROG ENTERPRISES, INC., 6401 HOLLIS STREET SUITE 100, EMERYVILLE CA 94608
Braden R Kelly director 181 METRO DRIVE, SAN JOSE CA 95110
Marc F Mcmorris director 181 METRO DRIVE, SAN JOSE CA 95110
James M Wehmann officer: Executive Vice President 181 METRO DRIVE, SAN JOSE CA 95110
Henry Tayloe Stansbury director C/O COUPA SOFTWARE INC., 1855 S. GRANT STREET, SAN MATEO CA 94402
Nikhil Behl officer: Executive Vice President 601 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98004
Stephanie Covert officer: Executive Vice President 181 METRO DR., SAN JOSE CA 95110
James Kirsner director 5858 HORTON STREET, SUITE 350, EMERYVILLE CA 94608
Thomas A. Bowers officer: Executive Vice President 181 METRO DR., #600, SAN JOSE CA 95110
Richard Deal officer: Vice President 181 METRO DRIVE, SAN JOSE CA 95110
Mark R Scadina officer: V.P., General Counsel & Sec. 181 METRO DRIVE, SAN JOSE CA 95110