GURUFOCUS.COM » STOCK LIST » Technology » Software » LivePerson Inc (NAS:LPSN) » Definitions » Cyclically Adjusted Book per Share

LivePerson (LivePerson) Cyclically Adjusted Book per Share : $2.94 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is LivePerson 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.

LivePerson's adjusted book value per share for the three months ended in Mar. 2024 was $0.217. 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 $2.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LivePerson's average Cyclically Adjusted Book Growth Rate was -8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 LivePerson was 21.10% per year. The lowest was 1.50% per year. And the median was 8.30% per year.

As of today (2024-05-15), LivePerson's current stock price is $0.814. LivePerson's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.94. LivePerson's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LivePerson was 24.68. The lowest was 0.17. And the median was 5.81.


LivePerson Cyclically Adjusted Book per Share Historical Data

The historical data trend for LivePerson'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.

LivePerson Cyclically Adjusted Book per Share Chart

LivePerson 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 2.83 2.90 3.22 3.22 3.03

LivePerson 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 3.20 3.17 3.12 3.03 2.94

Competitive Comparison of LivePerson's Cyclically Adjusted Book per Share

For the Software - Application subindustry, LivePerson'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.


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

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

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



LivePerson 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, LivePerson'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)
=0.217/129.4194*129.4194
=0.217

Current CPI (Mar. 2024) = 129.4194.

LivePerson Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.850 100.560 3.668
201409 2.899 100.428 3.736
201412 3.180 99.070 4.154
201503 3.174 99.621 4.123
201506 3.171 100.684 4.076
201509 3.190 100.392 4.112
201512 2.881 99.792 3.736
201603 2.799 100.470 3.605
201606 2.663 101.688 3.389
201609 2.614 101.861 3.321
201612 2.376 101.863 3.019
201703 2.355 102.862 2.963
201706 2.296 103.349 2.875
201709 2.361 104.136 2.934
201712 2.348 104.011 2.922
201803 2.414 105.290 2.967
201806 2.563 106.317 3.120
201809 2.641 106.507 3.209
201812 2.681 105.998 3.273
201903 2.949 107.251 3.559
201906 2.711 108.070 3.247
201909 2.575 108.329 3.076
201912 2.327 108.420 2.778
202003 2.242 108.902 2.664
202006 2.171 108.767 2.583
202009 1.853 109.815 2.184
202012 3.611 109.897 4.252
202103 3.788 111.754 4.387
202106 3.776 114.631 4.263
202109 3.744 115.734 4.187
202112 4.838 117.630 5.323
202203 2.427 121.301 2.589
202206 1.614 125.017 1.671
202209 1.190 125.227 1.230
202212 0.901 125.222 0.931
202303 0.854 127.348 0.868
202306 1.162 128.729 1.168
202309 0.575 129.860 0.573
202312 0.548 129.419 0.548
202403 0.217 129.419 0.217

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


LivePerson  (NAS:LPSN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.814/2.94
=0.28

* 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 LivePerson was 24.68. The lowest was 0.17. And the median was 5.81.


Be Aware

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


LivePerson Cyclically Adjusted Book per Share Related Terms

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


LivePerson (LivePerson) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » LivePerson Inc (NAS:LPSN) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
530 7th Avenue, Floor M1, New York, NY, USA, 10018
LivePerson Inc offers cloud-based platform solutions. It enables businesses and consumers to connect through conversational interfaces, such as in-app and mobile messaging, while leveraging bots and Artificial Intelligence (AI) to increase efficiency. The company has two reportable segments namely Business and Consumer. It generates maximum revenue from the Business segment. The Business segment enables brands to leverage the Conversational Cloud's sophisticated intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company has a presence in the United Kingdom, Asia-Pacific, Latin America, and Europe.
Executives
John Deneen Collins officer: Chief Financial Officer LIVEPERSON, INC., 475 TENTH AVENUE, 5TH FLOOR, NEW YORK NY 10018
Jeffrey Ford officer: Chief Accounting Officer 530 7TH AVE., FLOOR M1, NEW YORK NY 10018
Alex Kroman officer: EVP, Product and Technology 530 7TH AVE., FLOOR M1, NEW YORK NY 10018
Norman M. Osumi officer: Chief Accounting Officer C/O LIVEPERSON, INC., 475 TENTH AVENUE, 5TH FLOOR, NEW YORK NY 10018
Monica L. Greenberg officer: EVP, General Counsel LIVEPERSON, INC., 462 SEVENTH AVENUE 3RD FLOOR, NEW YORK NY 10018
Robert P Locascio director, 10 percent owner, officer: Chief Executive Officer C/O LIVEPERSON INC, 462 SEVENTH AVENUE, NEW YORK NY 10018
William Wesemann director 130 MONTALVO ROAD, REDWOOD CITY CA 94062
James R. Miller director 4050 EAST COTTON CENTER BLVD. 6-68, PHOENIX AZ 85040
Bruce Edward Hansen director 17732 VINEYARD LANE, POWAY CA 92064
Vanessa Pegueros director C/O CARBON BLACK, INC., 1100 WINTER STREET, WALTHAM MA 02451
Yael Zheng director 345 ENCINAL STREET, SANTA CRUZ CA 95060
Alexander Spinelli officer: EVP, Chief Technology Officer LIVEPERSON, INC., 475 TENTH AVENUE, 5TH FLOOR, NEW YORK NY 10018
Kevin Lavan director 44 HILLCREST ROAD, MARTINSVILLE NJ 08836
Ernest T. Cu director LIVEPERSON, INC., 475 TENTH AVENUE, 5TH FLOOR, NEW YORK NY 10018
Daryl Carlough officer: SVP, Global & Corp Controller BEDMINSTER ONE, 135 US HIGHWAY 202/206, SUITE 11, BEDMINSTER NJ 07921

LivePerson (LivePerson) Headlines

From GuruFocus