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Atlassian (Atlassian) Cyclically Adjusted Book per Share : $2.95 (As of Dec. 2023)


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What is Atlassian 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.

Atlassian's adjusted book value per share for the three months ended in Dec. 2023 was $3.488. 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 $2.95 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-28), Atlassian's current stock price is $179.45. Atlassian's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.95. Atlassian's Cyclically Adjusted PB Ratio of today is 60.83.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Atlassian was 84.00. The lowest was 60.83. And the median was 70.45.


Atlassian Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atlassian'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.

Atlassian Cyclically Adjusted Book per Share Chart

Atlassian Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
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Atlassian 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 - - - - 2.95

Competitive Comparison of Atlassian's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Atlassian'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.


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

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

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



Atlassian 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, Atlassian'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)
=3.488/125.6559*125.6559
=3.488

Current CPI (Dec. 2023) = 125.6559.

Atlassian Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 95.473 0.000
201406 0.587 98.352 0.750
201409 0.000 98.816 0.000
201412 0.000 99.002 0.000
201503 0.000 99.187 0.000
201506 1.202 99.838 1.513
201509 1.369 100.302 1.715
201512 3.318 100.673 4.141
201603 3.312 100.488 4.142
201606 3.382 100.859 4.213
201609 3.547 101.602 4.387
201612 3.561 102.159 4.380
201703 3.786 102.624 4.636
201706 3.913 102.809 4.783
201709 4.039 103.460 4.906
201712 3.718 104.110 4.487
201803 3.772 104.574 4.532
201806 3.856 104.945 4.617
201809 3.001 105.410 3.577
201812 3.423 105.967 4.059
201903 2.877 105.967 3.412
201906 2.337 106.617 2.754
201909 2.843 107.174 3.333
201912 3.647 107.917 4.246
202003 3.342 108.289 3.878
202006 2.325 106.246 2.750
202009 2.768 107.917 3.223
202012 0.676 108.846 0.780
202103 1.650 109.496 1.894
202106 1.171 110.332 1.334
202109 -0.108 111.168 -0.122
202112 0.488 112.654 0.544
202203 1.195 115.069 1.305
202206 1.285 117.112 1.379
202209 1.881 119.248 1.982
202212 2.253 121.477 2.331
202303 2.263 123.148 2.309
202306 2.542 124.170 2.572
202309 2.999 125.656 2.999
202312 3.488 125.656 3.488

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


Atlassian  (NAS:TEAM) 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.

Atlassian's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=179.45/2.95
=60.83

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Atlassian was 84.00. The lowest was 60.83. And the median was 70.45.


Be Aware

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


Atlassian Cyclically Adjusted Book per Share Related Terms

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


Atlassian (Atlassian) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Atlassian Corp (NAS:TEAM) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
341 George Street, Level 6, Sydney, NSW, AUS, 2000
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
Executives
Michael Cannon-brookes director, 10 percent owner, officer: Co-CEO, Co-Founder ATLASSIAN, 350 BUSH STREET, SAN FRANCISCO CA 94104
Scott Farquhar director, 10 percent owner, officer: Co-CEO, Co-Founder ATLASSIAN, 350 BUSH STREET, SAN FRANCISCO CA 94104
Anutthara Bharadwaj officer: Chief Operating Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Gene Liu officer: Principal Accounting Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Heather Mirjahangir Fernandez director C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Rajeev Bashyam Rajan officer: Chief Technology Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Cameron Deatsch officer: Chief Revenue Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94101
Joseph Leo Binz officer: Chief Financial Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Enrique T Salem director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Sasan K Goodarzi director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Shona L Brown director 1600 AMIPHITHEATRE PARKWAY, BUILDING 41, MOUNTAIN VIEW CA 94043
Rich Wong director 428 UNIVERSITY AVE, PALO ALTO CA 94555
Michelle Zatlyn director C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Steven J Sordello director C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Jay Parikh director 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301