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Akamai Technologies (BSP:A1KA34) Cyclically Adjusted Book per Share : R$10.93 (As of Mar. 2024)


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What is Akamai Technologies 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.

Akamai Technologies's adjusted book value per share for the three months ended in Mar. 2024 was R$12.617. 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 R$10.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Akamai Technologies's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 Akamai Technologies was 26.80% per year. The lowest was 4.20% per year. And the median was 11.10% per year.

As of today (2024-06-04), Akamai Technologies's current stock price is R$39.19. Akamai Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$10.93. Akamai Technologies's Cyclically Adjusted PB Ratio of today is 3.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Akamai Technologies was 7.21. The lowest was 3.02. And the median was 5.00.


Akamai Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Akamai Technologies'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.

Akamai Technologies Cyclically Adjusted Book per Share Chart

Akamai Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 8.06 9.89 10.96 10.50

Akamai Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.23 9.87 10.66 10.50 10.93

Competitive Comparison of Akamai Technologies's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Akamai Technologies'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.


Akamai Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Akamai Technologies 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, Akamai Technologies'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)
=12.617/131.7762*131.7762
=12.617

Current CPI (Mar. 2024) = 131.7762.

Akamai Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.898 100.560 3.798
201409 3.114 100.428 4.086
201412 3.637 99.070 4.838
201503 4.368 99.621 5.778
201506 4.417 100.684 5.781
201509 5.631 100.392 7.391
201512 5.695 99.792 7.520
201603 5.450 100.470 7.148
201606 5.133 101.688 6.652
201609 4.947 101.861 6.400
201612 5.200 101.863 6.727
201703 4.904 102.862 6.282
201706 5.247 103.349 6.690
201709 5.033 104.136 6.369
201712 5.434 104.011 6.885
201803 5.416 105.290 6.778
201806 6.395 106.317 7.926
201809 6.593 106.507 8.157
201812 6.341 105.998 7.883
201903 6.427 107.251 7.897
201906 6.677 108.070 8.142
201909 7.436 108.329 9.045
201912 7.723 108.420 9.387
202003 9.220 108.902 11.157
202006 10.380 108.767 12.576
202009 11.354 109.815 13.625
202012 11.202 109.897 13.432
202103 12.431 111.754 14.658
202106 11.507 114.631 13.228
202109 12.411 115.734 14.131
202112 13.299 117.630 14.898
202203 11.109 121.301 12.068
202206 11.291 125.017 11.901
202209 11.716 125.227 12.329
202212 12.179 125.222 12.816
202303 11.854 127.348 12.266
202306 11.429 128.729 11.700
202309 11.789 129.860 11.963
202312 12.412 129.419 12.638
202403 12.617 131.776 12.617

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


Akamai Technologies  (BSP:A1KA34) 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.

Akamai Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.19/10.93
=3.59

* 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 Akamai Technologies was 7.21. The lowest was 3.02. And the median was 5.00.


Be Aware

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


Akamai Technologies Cyclically Adjusted Book per Share Related Terms

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


Akamai Technologies (BSP:A1KA34) Business Description

Industry
Traded in Other Exchanges
Address
145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.

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