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Five9 (FIVN) Cyclically Adjusted Book per Share : $2.88 (As of Mar. 2024)


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What is Five9 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.

Five9's adjusted book value per share for the three months ended in Mar. 2024 was $6.548. 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 $2.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Five9's average Cyclically Adjusted Book Growth Rate was 34.60% 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 (2024-05-25), Five9's current stock price is $50.04. Five9's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.88. Five9's Cyclically Adjusted PB Ratio of today is 17.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Five9 was 64.40. The lowest was 17.54. And the median was 32.09.


Five9 Cyclically Adjusted Book per Share Historical Data

The historical data trend for Five9'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.

Five9 Cyclically Adjusted Book per Share Chart

Five9 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 - - - 2.04 2.62

Five9 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 2.14 2.27 2.41 2.62 2.88

Competitive Comparison of Five9's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Five9'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.


Five9's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Five9's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Five9's Cyclically Adjusted PB Ratio falls into.



Five9 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, Five9'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)
=6.548/131.7762*131.7762
=6.548

Current CPI (Mar. 2024) = 131.7762.

Five9 Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.188 100.560 1.557
201409 0.993 100.428 1.303
201412 0.847 99.070 1.127
201503 0.710 99.621 0.939
201506 0.609 100.684 0.797
201509 0.526 100.392 0.690
201512 0.514 99.792 0.679
201603 0.497 100.470 0.652
201606 0.503 101.688 0.652
201609 0.487 101.861 0.630
201612 0.568 101.863 0.735
201703 0.532 102.862 0.682
201706 0.584 103.349 0.745
201709 0.679 104.136 0.859
201712 0.827 104.011 1.048
201803 1.395 105.290 1.746
201806 2.051 106.317 2.542
201809 2.177 106.507 2.694
201812 2.411 105.998 2.997
201903 2.526 107.251 3.104
201906 2.748 108.070 3.351
201909 2.915 108.329 3.546
201912 3.192 108.420 3.880
202003 3.331 108.902 4.031
202006 3.896 108.767 4.720
202009 3.988 109.815 4.786
202012 4.199 109.897 5.035
202103 2.151 111.754 2.536
202106 2.404 114.631 2.764
202109 2.514 115.734 2.862
202112 3.083 117.630 3.454
202203 3.083 121.301 3.349
202206 3.494 125.017 3.683
202209 3.822 125.227 4.022
202212 4.363 125.222 4.591
202303 4.740 127.348 4.905
202306 6.356 128.729 6.506
202309 6.794 129.860 6.894
202312 7.339 129.419 7.473
202403 6.548 131.776 6.548

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


Five9  (NAS:FIVN) 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.

Five9's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.04/2.88
=17.38

* 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 Five9 was 64.40. The lowest was 17.54. And the median was 32.09.


Be Aware

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


Five9 Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Five9's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Five9 (FIVN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Five9 Inc (NAS:FIVN) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
3001 Bishop Drive, Suite 350, San Ramon, CA, USA, 94583
Five9 offers cloud-native contact center software enabling digital customer service, sales, and marketing engagement. The company's Virtual Contact Center platform combines core telephony functionality, omnichannel engagement, and various modules into a unified cloud contact-center-as-a-service, or CCaaS, platform. Five9's modules include digital self-service, agent assist technology, workflow automation, as well as workforce optimization solutions that optimize call center efficiency, and manage interaction quality and agent performance.
Executives
Panos Kozanian officer: EVP, Product Engineering 3001 BISHOP DR., STE. #350, SAN RAMON CA 94583
Leena Mansharamani officer: SVP, Chief Accounting Officer 3001 BISHOP DR., STE. #350, SAN RAMON CA 94583
Michael Burkland officer: CEO, President and Chairman C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMON CA 94583
Daniel P. Burkland officer: EVP, Sales & Business Dev. C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMMON CA 94583
Barry Zwarenstein officer: Chief Financial Officer C/O IOMEGA CORP, 4435 EASTGATE MALL 3RD FLOOR, SAN DIEGO CA 92121
Jonathan D Mariner director 2200 WEST DON TYSON PARKWAY, SPRINGDALE AR 72762
Julie Iskow director 2900 UNIVERSITY BOULEVARD, AMES X1 50010
Kimberly Alexy director 500 MCCARTHY BLVD., MILPITAS CA 95035
Jack L Acosta director C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMON CA 94583
Rowan M Trollope director, officer: Chief Executive Officer 4000 EXECUTIVE PARKWAY, SUITE #400, SAN RAMON CA 94583
Michael J Burdiek director 39 PARKER, IRVINE CA 92618
Scott Welch officer: EVP, Cloud Operations C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMON CA 94583
David G Dewalt director
Ana G. Pinczuk director 5725 DELPHI DRIVE, TROY MI 48098
Robert Zollars director 3061 ZANKER RD, SAN JOSEC CA 95134