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Microsoft (XKAZ:MSFT_KZ) Cyclically Adjusted Book per Share : ₸6,931.93 (As of Mar. 2024)


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What is Microsoft 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.

Microsoft's adjusted book value per share for the three months ended in Mar. 2024 was ₸15,338.293. 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 ₸6,931.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Microsoft's average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Microsoft was 43.00% per year. The lowest was 2.50% per year. And the median was 11.60% per year.

As of today (2024-05-27), Microsoft's current stock price is ₸158500.00. Microsoft's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₸6,931.93. Microsoft's Cyclically Adjusted PB Ratio of today is 22.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Microsoft was 26.78. The lowest was 5.14. And the median was 12.02.


Microsoft Cyclically Adjusted Book per Share Historical Data

The historical data trend for Microsoft'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.

Microsoft Cyclically Adjusted Book per Share Chart

Microsoft Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4,250.58 5,271.94 9,102.81 7,730.91

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 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 8,823.88 7,730.91 8,618.99 7,409.93 6,931.93

Competitive Comparison of Microsoft's Cyclically Adjusted Book per Share

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.


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

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.



Microsoft 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, 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)
=15338.293/131.7762*131.7762
=15,338.293

Current CPI (Mar. 2024) = 131.7762.

Microsoft Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,976.360 100.560 2,589.882
201409 1,960.692 100.428 2,572.719
201412 2,013.109 99.070 2,677.709
201503 2,031.831 99.621 2,687.653
201506 1,832.022 100.684 2,397.771
201509 2,609.526 100.392 3,425.324
201512 3,257.797 99.792 4,301.932
201603 3,237.950 100.470 4,246.870
201606 3,091.132 101.688 4,005.755
201609 3,008.168 101.861 3,891.626
201612 2,954.781 101.863 3,822.496
201703 2,835.929 102.862 3,633.093
201706 3,621.663 103.349 4,617.834
201709 3,927.862 104.136 4,970.430
201712 3,354.276 104.011 4,249.679
201803 3,315.158 105.290 4,149.121
201806 3,562.143 106.317 4,415.160
201809 4,068.545 106.507 5,033.837
201812 4,474.737 105.998 5,562.977
201903 4,668.581 107.251 5,736.177
201906 5,120.650 108.070 6,243.943
201909 5,396.968 108.329 6,565.087
201912 5,549.010 108.420 6,744.390
202003 5,689.946 108.902 6,885.116
202006 6,368.665 108.767 7,715.908
202009 6,823.264 109.815 8,187.812
202012 7,344.026 109.897 8,806.151
202103 7,466.509 111.754 8,804.201
202106 8,074.564 114.631 9,282.233
202109 8,618.832 115.734 9,813.486
202112 9,303.621 117.630 10,422.520
202203 10,606.776 121.301 11,522.746
202206 9,558.315 125.017 10,075.113
202209 10,957.910 125.227 11,531.040
202212 11,501.639 125.222 12,103.662
202303 11,530.721 127.348 11,931.691
202306 12,441.085 128.729 12,735.613
202309 13,583.223 129.860 13,783.709
202312 14,782.561 129.419 15,051.760
202403 15,338.293 131.776 15,338.293

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


Microsoft  (XKAZ:MSFT_KZ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=158500.00/6931.93
=22.87

* 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 Microsoft was 26.78. The lowest was 5.14. And the median was 12.02.


Be Aware

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


Microsoft Cyclically Adjusted Book per Share Related Terms

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


Microsoft (XKAZ:MSFT_KZ) Business Description

Industry
Address
One Microsoft Way, Redmond, WA, USA, 98052-6399
Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).

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