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CYBR (CyberArk Software) Cyclically Adjusted Book per Share : $17.10 (As of Dec. 2024)


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What is CyberArk Software 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.

CyberArk Software's adjusted book value per share for the three months ended in Dec. 2024 was $47.946. 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 $17.10 for the trailing ten years ended in Dec. 2024.

During the past 12 months, CyberArk Software's average Cyclically Adjusted Book Growth Rate was 20.30% 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.

As of today (2025-05-02), CyberArk Software's current stock price is $357.28. CyberArk Software's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $17.10. CyberArk Software's Cyclically Adjusted PB Ratio of today is 20.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CyberArk Software was 24.17. The lowest was 8.90. And the median was 15.66.


CyberArk Software Cyclically Adjusted Book per Share Historical Data

The historical data trend for CyberArk Software'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.

CyberArk Software Cyclically Adjusted Book per Share Chart

CyberArk Software Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 13.13 14.22 17.10

CyberArk Software Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 14.22 14.92 15.46 16.06 17.10

Competitive Comparison of CyberArk Software's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, CyberArk Software'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.


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

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

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


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CyberArk Software 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, CyberArk Software's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=47.946/133.1571*133.1571
=47.946

Current CPI (Dec. 2024) = 133.1571.

CyberArk Software Quarterly Data

Book Value per Share CPI Adj_Book
201503 5.257 99.621 7.027
201506 7.272 100.684 9.617
201509 6.962 100.392 9.234
201512 7.410 99.792 9.887
201603 7.666 100.470 10.160
201606 7.987 101.688 10.459
201609 8.172 101.861 10.683
201612 8.648 101.863 11.305
201703 9.408 102.862 12.179
201706 9.723 103.349 12.527
201709 9.731 104.136 12.443
201712 10.034 104.011 12.846
201803 10.722 105.290 13.560
201806 11.347 106.317 14.212
201809 11.676 106.507 14.598
201812 12.671 105.998 15.918
201903 13.499 107.251 16.760
201906 14.206 108.070 17.504
201909 15.003 108.329 18.441
201912 16.406 108.420 20.149
202003 16.713 108.902 20.435
202006 17.147 108.767 20.992
202009 17.170 109.815 20.820
202012 18.119 109.897 21.954
202103 17.928 111.754 21.361
202106 17.984 114.631 20.890
202109 17.866 115.734 20.556
202112 18.144 117.630 20.539
202203 16.448 121.301 18.056
202206 16.214 125.017 17.270
202209 15.996 125.227 17.009
202212 16.528 125.222 17.575
202303 16.246 127.348 16.987
202306 16.566 128.729 17.136
202309 17.050 129.860 17.483
202312 18.751 129.419 19.293
202403 19.398 131.776 19.601
202406 20.287 132.554 20.379
202409 28.240 133.029 28.267
202412 47.946 133.157 47.946

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


CyberArk Software  (NAS:CYBR) 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.

CyberArk Software's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=357.28/17.10
=20.89

* 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 CyberArk Software was 24.17. The lowest was 8.90. And the median was 15.66.


Be Aware

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


CyberArk Software Cyclically Adjusted Book per Share Related Terms

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


CyberArk Software Business Description

Industry
Traded in Other Exchanges
Address
9 Hapsagot Street, Park Ofer B, P.O. Box 3143, Petach Tikva, ISR, 4951040
CyberArk is a cybersecurity vendor focused on the identity market. The company's core privileged access management offering is a market leader in that subsegment, with more than half of the Fortune 500 as CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While CyberArk historically sold its security solutions primarily via on-premises licenses, over the past few years it has transitioned to a subscription recurring-revenue model.