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

Box (BOX) Cyclically Adjusted PB Ratio : (As of May. 15, 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
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Jan. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-2.986/129.4194*129.4194
=-2.986

Current CPI (Jan. 2024) = 129.4194.

Box Quarterly Data

Book Value per Share CPI Adj_Book
201404 -3.801 100.023 -4.918
201407 0.000 100.520 0.000
201410 1.004 100.176 1.297
201501 2.241 98.604 2.941
201504 1.930 99.824 2.502
201507 1.653 100.691 2.125
201510 1.393 100.346 1.797
201601 1.111 99.957 1.438
201604 0.960 100.947 1.231
201607 0.790 101.524 1.007
201610 0.686 101.988 0.871
201701 0.572 102.456 0.723
201704 0.451 103.167 0.566
201707 0.314 103.278 0.393
201710 0.193 104.070 0.240
201801 0.109 104.578 0.135
201804 0.333 105.708 0.408
201807 0.248 106.324 0.302
201810 0.179 106.695 0.217
201901 0.218 106.200 0.266
201904 0.208 107.818 0.250
201907 0.151 108.250 0.181
201910 0.139 108.577 0.166
202001 0.148 108.841 0.176
202004 0.266 108.173 0.318
202007 0.381 109.318 0.451
202010 0.552 109.861 0.650
202101 0.945 110.364 1.108
202104 0.767 112.673 0.881
202107 -1.002 115.183 -1.126
202110 -1.833 116.696 -2.033
202201 -6.086 118.619 -6.640
202204 -3.324 121.978 -3.527
202207 -4.072 125.002 -4.216
202210 -3.972 125.734 -4.088
202301 -3.630 126.223 -3.722
202304 -3.536 127.992 -3.575
202307 -3.728 128.974 -3.741
202310 -3.754 129.810 -3.743
202401 -2.986 129.419 -2.986

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