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RDWR (Radware) Cyclically Adjusted Book per Share : $8.98 (As of Dec. 2024)


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What is Radware 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.

Radware's adjusted book value per share for the three months ended in Dec. 2024 was $7.432. 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 $8.98 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Radware's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Radware was 8.10% per year. The lowest was 1.20% per year. And the median was 4.25% per year.

As of today (2025-04-15), Radware's current stock price is $20.87. Radware's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $8.98. Radware's Cyclically Adjusted PB Ratio of today is 2.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Radware was 5.08. The lowest was 1.66. And the median was 3.00.


Radware Cyclically Adjusted Book per Share Historical Data

The historical data trend for Radware'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.

Radware Cyclically Adjusted Book per Share Chart

Radware 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 7.44 8.20 8.75 8.92 8.98

Radware 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 8.92 9.03 9.04 9.03 8.98

Competitive Comparison of Radware's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Radware'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.


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

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

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


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Radware 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, Radware'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)
=7.432/133.1571*133.1571
=7.432

Current CPI (Dec. 2024) = 133.1571.

Radware Quarterly Data

Book Value per Share CPI Adj_Book
201503 7.054 99.621 9.429
201506 7.453 100.684 9.857
201509 7.106 100.392 9.425
201512 7.127 99.792 9.510
201603 7.067 100.470 9.366
201606 6.984 101.688 9.145
201609 7.147 101.861 9.343
201612 6.941 101.863 9.073
201703 6.947 102.862 8.993
201706 6.963 103.349 8.971
201709 6.864 104.136 8.777
201712 7.145 104.011 9.147
201803 7.401 105.290 9.360
201806 7.681 106.317 9.620
201809 7.661 106.507 9.578
201812 7.853 105.998 9.865
201903 8.097 107.251 10.053
201906 8.117 108.070 10.001
201909 8.232 108.329 10.119
201912 8.413 108.420 10.332
202003 8.279 108.902 10.123
202006 8.386 108.767 10.266
202009 8.310 109.815 10.076
202012 8.374 109.897 10.146
202103 8.085 111.754 9.633
202106 8.228 114.631 9.558
202109 8.382 115.734 9.644
202112 8.066 117.630 9.131
202203 7.795 121.301 8.557
202206 7.594 125.017 8.088
202209 7.644 125.227 8.128
202212 7.497 125.222 7.972
202303 7.408 127.348 7.746
202306 7.285 128.729 7.536
202309 6.812 129.860 6.985
202312 6.813 129.419 7.010
202403 6.929 131.776 7.002
202406 7.064 132.554 7.096
202409 7.296 133.029 7.303
202412 7.432 133.157 7.432

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


Radware  (NAS:RDWR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.87/8.98
=2.32

* 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 Radware was 5.08. The lowest was 1.66. And the median was 3.00.


Be Aware

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


Radware Cyclically Adjusted Book per Share Related Terms

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


Radware Business Description

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Radware Ltd provides cyber security and application delivery solutions. The company provides solutions for cloud, on-premises, and software-defined data centers (SDDC). The solutions of the company secure the digital experience by providing infrastructure, application, and network protection and availability services to enterprises globally. The business segments of the company are Radware's Core Business and The Hawks' Business. The company derives maximum revenue from Radware's Core Business. The company generates maximum revenue from the United States.