GURUFOCUS.COM » STOCK LIST » Technology » Software » VeriSign Inc (NAS:VRSN) » Definitions » Cyclically Adjusted PB Ratio

VeriSign (VeriSign) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


View and export this data going back to 1998. Start your Free Trial

What is VeriSign Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VeriSign Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VeriSign'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.

VeriSign Cyclically Adjusted PB Ratio Chart

VeriSign 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 - - - - -

VeriSign 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 - - - - -

Competitive Comparison of VeriSign's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, VeriSign'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.


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

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

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



VeriSign 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.

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

For example, VeriSign'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)
=-16.211/129.4194*129.4194
=-16.211

Current CPI (Mar. 2024) = 129.4194.

VeriSign Quarterly Data

Book Value per Share CPI Adj_Book
201406 -5.023 100.560 -6.465
201409 -6.136 100.428 -7.907
201412 -7.458 99.070 -9.743
201503 -8.141 99.621 -10.576
201506 -8.720 100.684 -11.209
201509 -9.218 100.392 -11.883
201512 -9.725 99.792 -12.612
201603 -10.177 100.470 -13.109
201606 -10.518 101.688 -13.386
201609 -11.126 101.861 -14.136
201612 -11.646 101.863 -14.797
201703 -11.663 102.862 -14.674
201706 -12.006 103.349 -15.035
201709 -12.441 104.136 -15.462
201712 -12.914 104.011 -16.069
201803 -12.729 105.290 -15.646
201806 -11.302 106.317 -13.758
201809 -11.564 106.507 -14.052
201812 -11.542 105.998 -14.092
201903 -11.778 107.251 -14.213
201906 -12.022 108.070 -14.397
201909 -12.335 108.329 -14.736
201912 -12.767 108.420 -15.240
202003 -12.179 108.902 -14.474
202006 -12.176 108.767 -14.488
202009 -12.132 109.815 -14.298
202012 -12.252 109.897 -14.429
202103 -12.448 111.754 -14.416
202106 -12.659 114.631 -14.292
202109 -12.738 115.734 -14.244
202112 -11.405 117.630 -12.548
202203 -11.704 121.301 -12.487
202206 -13.497 125.017 -13.972
202209 -14.510 125.227 -14.996
202212 -14.836 125.222 -15.333
202303 -15.281 127.348 -15.530
202306 -15.647 128.729 -15.731
202309 -15.951 129.860 -15.897
202312 -15.607 129.419 -15.607
202403 -16.211 129.419 -16.211

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.


VeriSign  (NAS:VRSN) 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.


VeriSign Cyclically Adjusted PB Ratio Related Terms

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


VeriSign (VeriSign) Business Description

Industry
Address
12061 Bluemont Way, Reston, VA, USA, 20190
Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.
Executives
D James Bidzos director 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Danny R Mcpherson officer: EVP- Engineering, Ops. & CSO 12061 BLUEMONT WAY, RESTON VA 20190
Thomas C Indelicarto officer: SVP, Gen Counsel & Secretary 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Timothy Tomlinson director 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Todd B Strubbe officer: EVP and COO VERISIGN, 12061 BLUEMONT WAY, RESTON VA 20190
Kathleen A Cote director 12061 BLUEMONT WAY, RESTON VA 20190
Yehuda Ari Buchalter director 12061 BLUEMONT WAY, RESTON VA 20190
Kilguss George E Iii officer: EVP and CFO C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190
Frist Thomas F Iii director 3100 WEST END AVENUE SUITE 1225, NASHVILLE TN 37203
Armstrong Courtney D director 12061 BLUEMONT WAY, RESTON VA 20190
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Jamie S Gorelick director 12061 BLUEMONT WAY, RESTON VA 20190
Richard H Goshorn officer: SVP, GC and Secretary 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
John D Roach director PMI GROUP INC, 601 MONTGOMERY ST, SAN FRANCISCO CA 94111
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131

VeriSign (VeriSign) Headlines

From GuruFocus

Q1 2020 Verisign Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2022 Verisign Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2021 Verisign Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Verisign Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Verisign Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Verisign Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2020 Verisign Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024