MSFT has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
MSFT has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-05-09), Microsoft's current share price is $412.32. Microsoft's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $18.09. Microsoft's Cyclically Adjusted PB Ratio for today is 22.79.
The historical rank and industry rank for Microsoft's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Microsoft's highest Cyclically Adjusted PB Ratio was 26.78. The lowest was 5.14. And the median was 11.94.
MSFT's Cyclically Adjusted PB Ratio is ranked worse thanThe 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.
Microsoft's adjusted book value per share data for the three months ended in Mar. 2024 was $34.058. 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 $18.09 for the trailing ten years ended in Mar. 2024.
The historical data trend for Microsoft'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.
Microsoft 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 | 17.96 | 20.50 | 18.38 | 21.39 | 23.26 |
For the Software - Infrastructure subindustry, Microsoft'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.
For the Software industry and Technology sector, Microsoft's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Microsoft's Cyclically Adjusted PB Ratio falls into.
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.
Microsoft's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 412.32 | / | 18.09 | |
= | 22.79 |
* 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.
Microsoft's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:
For example, Microsoft'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) |
= | 34.058 | / | 129.4194 | * | 129.4194 | |
= | 34.058 |
Current CPI (Mar. 2024) = 129.4194.
Microsoft Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201406 | 10.897 | 100.560 | 14.024 |
201409 | 10.923 | 100.428 | 14.076 |
201412 | 11.180 | 99.070 | 14.605 |
201503 | 11.110 | 99.621 | 14.433 |
201506 | 9.977 | 100.684 | 12.824 |
201509 | 9.698 | 100.392 | 12.502 |
201512 | 9.688 | 99.792 | 12.564 |
201603 | 9.505 | 100.470 | 12.244 |
201606 | 9.221 | 101.688 | 11.736 |
201609 | 9.041 | 101.861 | 11.487 |
201612 | 8.902 | 101.863 | 11.310 |
201703 | 9.029 | 102.862 | 11.360 |
201706 | 11.379 | 103.349 | 14.249 |
201709 | 11.612 | 104.136 | 14.431 |
201712 | 10.170 | 104.011 | 12.654 |
201803 | 10.304 | 105.290 | 12.665 |
201806 | 10.775 | 106.317 | 13.116 |
201809 | 11.194 | 106.507 | 13.602 |
201812 | 11.991 | 105.998 | 14.641 |
201903 | 12.375 | 107.251 | 14.933 |
201906 | 13.389 | 108.070 | 16.034 |
201909 | 13.893 | 108.329 | 16.598 |
201912 | 14.467 | 108.420 | 17.269 |
202003 | 15.086 | 108.902 | 17.928 |
202006 | 15.626 | 108.767 | 18.593 |
202009 | 16.313 | 109.815 | 19.225 |
202012 | 17.259 | 109.897 | 20.325 |
202103 | 17.853 | 111.754 | 20.675 |
202106 | 18.884 | 114.631 | 21.320 |
202109 | 20.237 | 115.734 | 22.630 |
202112 | 21.335 | 117.630 | 23.473 |
202203 | 21.773 | 121.301 | 23.230 |
202206 | 22.313 | 125.017 | 23.099 |
202209 | 23.276 | 125.227 | 24.055 |
202212 | 24.592 | 125.222 | 25.416 |
202303 | 26.178 | 127.348 | 26.604 |
202306 | 27.748 | 128.729 | 27.897 |
202309 | 29.702 | 129.860 | 29.601 |
202312 | 32.061 | 129.419 | 32.061 |
202403 | 34.058 | 129.419 | 34.058 |
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.
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.
Thank you for viewing the detailed overview of Microsoft's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Kathleen T Hogan | officer: EVP, Human Resources | C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399 |
Judson Althoff | officer: EVP, Chief Commercial Officer | MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052 |
Satya Nadella | director, officer: Chief Executive Officer | C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399 |
Bradford L Smith | officer: Executive Vice President | MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399 |
Teri List | director | 2200 PENNSYLVANIA AVENUE, SUITE 800W, WASHINGTON DC 20037 |
Christopher C Capossela | officer: EVP, Chief Marketing Officer | C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399 |
Amy Hood | officer: Chief Financial Officer | C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399 |
Emma N Walmsley | director | C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399 |
Carlos A Rodriguez | director | 10200 SUNSET DRIVE, MIAMI FL 33173 |
Christopher David Young | officer: EVP, Business Development | C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399 |
John W Stanton | director | 3650 131ST AVE SE #400, WESTERN WIRELESS CORP, BELLEVUE WA 98006 |
Charles W Scharf | director | C/O VISA INC., 900 METRO CENTER BLVD., FOSTER CITY CA 94404 |
Hugh F Johnston | director | PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577 |
Reid Hoffman | director | C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043 |
Sandra E Peterson | director | 100 PARSONS POND DRIVE, FRANKLIN LAKES NJ 07417 |
From GuruFocus
By GuruFocus Research • 01-01-2024
By Yiannis Zourmpanos • 12-05-2023
By ACN Newswire • 01-01-2024
By GuruFocus Research • 11-30-2023
By GuruFocus Research • 12-04-2023
By GuruFocus Research • 12-27-2023
By PRNewswire • 12-19-2023
By Oliver Rodzianko • 01-13-2024
By GuruFocus Research • 12-12-2023
By Sydnee Gatewood • 01-17-2024