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F5 (MEX:FFIV) Cyclically Adjusted Book per Share : MXN482.80 (As of Mar. 2024)


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What is F5 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.

F5's adjusted book value per share for the three months ended in Mar. 2024 was MXN830.610. 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 MXN482.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, F5's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.80% 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 F5 was 19.80% per year. The lowest was 8.30% per year. And the median was 14.00% per year.

As of today (2024-06-22), F5's current stock price is MXN3168.92. F5's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN482.80. F5's Cyclically Adjusted PB Ratio of today is 6.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of F5 was 11.43. The lowest was 4.34. And the median was 7.91.


F5 Cyclically Adjusted Book per Share Historical Data

The historical data trend for F5'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.

F5 Cyclically Adjusted Book per Share Chart

F5 Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 379.81 462.89 515.50 623.71 539.70

F5 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 574.67 537.54 539.70 492.96 482.80

Competitive Comparison of F5's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, F5'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.


F5's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, F5's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where F5's Cyclically Adjusted PB Ratio falls into.



F5 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, F5'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)
=830.61/131.7762*131.7762
=830.610

Current CPI (Mar. 2024) = 131.7762.

F5 Quarterly Data

Book Value per Share CPI Adj_Book
201406 244.125 100.560 319.909
201409 250.521 100.428 328.721
201412 275.174 99.070 366.019
201503 281.134 99.621 371.877
201506 293.262 100.684 383.825
201509 317.233 100.392 416.407
201512 315.765 99.792 416.969
201603 303.513 100.470 398.085
201606 331.596 101.688 429.711
201609 350.879 101.861 453.927
201612 380.274 101.863 491.947
201703 347.911 102.862 445.707
201706 342.668 103.349 436.922
201709 356.440 104.136 451.049
201712 389.709 104.011 493.739
201803 364.634 105.290 456.362
201806 409.020 106.317 506.967
201809 399.321 106.507 494.063
201812 460.711 105.998 572.754
201903 476.837 107.251 585.879
201906 518.736 108.070 632.529
201909 576.068 108.329 700.752
201912 598.483 108.420 727.410
202003 772.793 108.902 935.118
202006 812.839 108.767 984.789
202009 807.100 109.815 968.508
202012 775.124 109.897 929.444
202103 683.438 111.754 805.882
202106 723.682 114.631 831.919
202109 800.150 115.734 911.059
202112 812.762 117.630 910.509
202203 789.369 121.301 857.537
202206 784.704 125.017 827.131
202209 829.661 125.227 873.055
202212 837.458 125.222 881.292
202303 812.506 127.348 840.760
202306 768.348 128.729 786.538
202309 823.838 129.860 835.998
202312 825.942 129.419 840.983
202403 830.610 131.776 830.610

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


F5  (MEX:FFIV) 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.

F5's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3168.92/482.8
=6.56

* 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 F5 was 11.43. The lowest was 4.34. And the median was 7.91.


Be Aware

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


F5 Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of F5's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


F5 (MEX:FFIV) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » F5 Inc (MEX:FFIV) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
801 5th Avenue, Seattle, WA, USA, 98104
F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, has about 6,500 employees, and generates about 55% its revenue within the Americas, 25% in EMEA, and 20% in APAC/Japan.