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PERI (Perion Network) Cyclically Adjusted Book per Share : $10.18 (As of Sep. 2024)


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What is Perion Network 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.

Perion Network's adjusted book value per share for the three months ended in Sep. 2024 was $15.258. 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 $10.18 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Perion Network's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Perion Network was 5.10% per year. The lowest was -2.60% per year. And the median was 0.45% per year.

As of today (2024-12-15), Perion Network's current stock price is $8.55. Perion Network's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $10.18. Perion Network's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Perion Network was 3.63. The lowest was 0.19. And the median was 0.72.


Perion Network Cyclically Adjusted Book per Share Historical Data

The historical data trend for Perion Network'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.

Perion Network Cyclically Adjusted Book per Share Chart

Perion Network 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 11.68 11.96 13.03 12.38 10.12

Perion Network Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.68 10.12 10.18 10.19 10.18

Competitive Comparison of Perion Network's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Perion Network'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.


Perion Network's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Perion Network's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Perion Network 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, Perion Network's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=15.258/133.0289*133.0289
=15.258

Current CPI (Sep. 2024) = 133.0289.

Perion Network Quarterly Data

Book Value per Share CPI Adj_Book
201412 10.664 99.070 14.319
201503 11.100 99.621 14.822
201506 11.558 100.684 15.271
201509 8.679 100.392 11.501
201512 7.908 99.792 10.542
201603 7.768 100.470 10.285
201606 7.865 101.688 10.289
201609 8.106 101.861 10.586
201612 8.086 101.863 10.560
201703 8.007 102.862 10.355
201706 6.645 103.349 8.553
201709 6.771 104.136 8.650
201712 5.351 104.011 6.844
201803 5.382 105.290 6.800
201806 5.438 106.317 6.804
201809 5.522 106.507 6.897
201812 5.756 105.998 7.224
201903 5.793 107.251 7.185
201906 5.922 108.070 7.290
201909 6.023 108.329 7.396
201912 6.294 108.420 7.723
202003 6.334 108.902 7.737
202006 6.312 108.767 7.720
202009 6.380 109.815 7.729
202012 6.732 109.897 8.149
202103 7.404 111.754 8.813
202106 7.589 114.631 8.807
202109 7.887 115.734 9.066
202112 10.686 117.630 12.085
202203 10.968 121.301 12.028
202206 11.356 125.017 12.084
202209 12.069 125.227 12.821
202212 12.629 125.222 13.416
202303 13.161 127.348 13.748
202306 13.531 128.729 13.983
202309 14.317 129.860 14.666
202312 14.964 129.419 15.381
202403 15.173 131.776 15.317
202406 15.347 132.554 15.402
202409 15.258 133.029 15.258

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


Perion Network  (NAS:PERI) 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.

Perion Network's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.55/10.18
=0.84

* 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 Perion Network was 3.63. The lowest was 0.19. And the median was 0.72.


Be Aware

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


Perion Network Cyclically Adjusted Book per Share Related Terms

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


Perion Network Business Description

Traded in Other Exchanges
Address
26 HaRokmim Street, Holon, ISR, 5885849
Perion Network Ltd is a technology company. It offers online advertising and search solutions to brands, agencies, and publishers through desktop, mobile, and social channels. It connects advertisers to consumers across digital advertising channels, including search advertising, social, display, video, digital audio, digital out of home (DOOH), and Connected TV (CTV) advertising. The company earns prime revenue from search advertising and display advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the company generates a majority of its revenue from the United States and the rest from other regions.
Executives
Longview Fund Lp 10 percent owner VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402