GURUFOCUS.COM » STOCK LIST » Technology » Software » Box Inc (NYSE:BOX) » Definitions » Cyclically Adjusted PB Ratio

Box (BOX) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Box Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Box Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Box'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.

Box Cyclically Adjusted PB Ratio Chart

Box Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Box Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 Box's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Box'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.


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

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

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



Box 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.

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

For example, Box's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-2.733/131.7762*131.7762
=-2.733

Current CPI (Apr. 2024) = 131.7762.

Box Quarterly Data

Book Value per Share CPI Adj_Book
201407 0.000 100.520 0.000
201410 1.004 100.176 1.321
201501 2.241 98.604 2.995
201504 1.930 99.824 2.548
201507 1.653 100.691 2.163
201510 1.393 100.346 1.829
201601 1.111 99.957 1.465
201604 0.960 100.947 1.253
201607 0.790 101.524 1.025
201610 0.686 101.988 0.886
201701 0.572 102.456 0.736
201704 0.451 103.167 0.576
201707 0.314 103.278 0.401
201710 0.193 104.070 0.244
201801 0.109 104.578 0.137
201804 0.333 105.708 0.415
201807 0.248 106.324 0.307
201810 0.179 106.695 0.221
201901 0.218 106.200 0.271
201904 0.208 107.818 0.254
201907 0.151 108.250 0.184
201910 0.139 108.577 0.169
202001 0.148 108.841 0.179
202004 0.266 108.173 0.324
202007 0.381 109.318 0.459
202010 0.552 109.861 0.662
202101 0.945 110.364 1.128
202104 0.767 112.673 0.897
202107 -1.002 115.183 -1.146
202110 -1.833 116.696 -2.070
202201 -6.086 118.619 -6.761
202204 -3.324 121.978 -3.591
202207 -4.072 125.002 -4.293
202210 -3.972 125.734 -4.163
202301 -3.630 126.223 -3.790
202304 -3.536 127.992 -3.641
202307 -3.728 128.974 -3.809
202310 -3.754 129.810 -3.811
202401 -2.986 130.124 -3.024
202404 -2.733 131.776 -2.733

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.


Box  (NYSE:BOX) 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.


Box Cyclically Adjusted PB Ratio Related Terms

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


Box (BOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Box Inc (NYSE:BOX) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
900 Jefferson Avenue, Redwood City, CA, USA, 94063
Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file-sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature to enhance workflow management and collaboration.
Executives
Dylan C Smith director, 10 percent owner, officer: Chief Financial Officer C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Eli Berkovitch officer: VP Chief Acct Ofr & Controller 900 JEFFERSON AVE, REDWOOD CITY CA 94063
Aaron Levie director, 10 percent owner, officer: Chief Executive Officer C/O BOX INC, 4440 EL CAMINO, LOS ALTOS CA 94022
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Dana L Evan director 550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Daniel J Levin director, 10 percent owner, officer: President & COO 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Amit Walia director 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Kimberly Hammonds director 100 EAST DAVIE STREET, RALEIGH NC 27601
John Ihn Park director C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, NEW YORK NY 10019
Jeff Mannie officer: VP Controller & Chief Acct Ofr C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Carl Bass director C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Peter Leav director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Josh Stein director C/O DRAPER FISHER JURVETSON, 2882 SAND HILL ROAD SUITE 150, MENLO PARK CA 94025
Rory O'driscoll director, 10 percent owner 950 TOWER LANE, SUITE 700, FOSTER CITY CA 94404

Box (BOX) Headlines

From GuruFocus

Box Introduces Box AI to Bring Intelligence to Enterprise Content

By Business Wire Business Wire 05-02-2023

Box to Host Financial Analyst Day

By Business Wire Business Wire 02-24-2023

Box to Present at Investor Conferences

By Business Wire Business Wire 05-31-2023

Box to Present at Investor Conferences

By Business Wire Business Wire 03-02-2023

Box Sets Date to Announce First Quarter Fiscal 2024 Financial Results

By Business Wire Business Wire 05-01-2023