Perion Network (XTAE:PERI) Cyclically Adjusted Book per Share: ₪41.62 (As of Jun. 2026)

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XTAE:PERI Perion Network Ltd XTAE:PERI
65 GF Score
Price ₪27.26
GF Value ₪35.83
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Perion Network Cyclically Adjusted Book per Share?

Perion Network XTAE:PERI -0.55% 65 Cyclically Adjusted Book per Share is ₪41.62 as of Jun. 2026. GuruFocus rates XTAE:PERI with a GF Score™ of 65/100 and a GF Value™ of ₪35.83 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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 Jun. 2026 was ₪47.179. 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 ₪41.62 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Perion Network's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.40% 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 6.20% per year. The lowest was -2.60% per year. And the median was -0.10% per year.

As of today (2026-09-17), Perion Network's current stock price is ₪27.26. Perion Network's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₪41.62. Perion Network's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Perion Network was 4.31. The lowest was 0.22. And the median was 0.92.


Perion Network  (XTAE: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
=27.26/41.621
=0.65

* 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 4.31. The lowest was 0.22. And the median was 0.92.


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


Perion Network Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Perion Network Cyclically Adjusted Book per Share Chart

Perion Network Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.44 36.68 37.10 38.47 40.80

Perion Network Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 39.39 39.76 40.00 41.02 41.62

XTAE:PERI vs GOOGL, META, SPOT: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


XTAE:PERI
65GF Score
Perion Network Ltd XTAE:PERI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=47.179/333.9520*333.9520
=47.179

Current CPI (Jun. 2026) = 333.9520.

Perion Network Quarterly Data

Book Value per Share CPI Adj_Book
201609 30.276 241.428 41.879
201612 31.120 241.432 43.046
201703 29.070 243.801 39.819
201706 0.000 244.955 0.000
201709 23.919 246.819 32.363
201712 18.578 246.524 25.167
201803 18.897 249.554 25.288
201806 19.906 251.989 26.381
201809 20.170 252.439 26.683
201812 21.507 251.233 28.588
201903 21.156 254.202 27.793
201906 21.250 256.143 27.705
201909 21.206 256.759 27.581
201912 21.741 256.974 28.254
202003 22.504 258.115 29.116
202006 21.812 257.797 28.255
202009 22.004 260.280 28.232
202012 21.614 260.474 27.711
202103 24.692 264.877 31.131
202106 25.147 271.696 30.909
202109 26.166 274.310 31.855
202112 33.260 278.802 39.839
202203 35.002 287.504 40.657
202206 39.987 296.311 45.067
202209 42.819 296.808 48.178
202212 44.563 296.797 50.142
202303 47.389 301.836 52.431
202306 50.769 305.109 55.568
202309 54.503 307.789 59.136
202312 53.884 306.746 58.663
202403 57.222 312.332 61.183
202406 56.483 314.175 60.039
202409 56.756 315.301 60.113
202412 58.765 315.605 62.181
202503 59.218 319.799 61.839
202506 51.462 322.561 53.279
202509 50.342 324.800 51.761
202512 55.208 324.054 56.894
202603 50.732 330.213 51.306
202606 47.179 333.952 47.179

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

What does a Cyclically Adjusted Book per Share of ₪41.62 mean?
Perion Network (XTAE:PERI) has a Cyclically Adjusted Book per Share of ₪41.62 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Perion Network and its competitors.
Is Perion Network's Cyclically Adjusted Book per Share too high?
Perion Network's current Cyclically Adjusted Book per Share is ₪41.62. Overall, Perion Network has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Perion Network's Cyclically Adjusted Book per Share compare to GOOGL and META?
Perion Network's Cyclically Adjusted Book per Share of ₪41.62 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Perion Network and its competitors. Perion Network's current Cyclically Adjusted Book per Share is ₪41.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perion Network stock overvalued right now?
Based on GuruFocus' analysis, Perion Network (XTAE:PERI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪35.83, compared to a current price of ₪27.26 — trading 23.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₪41.62. Perion Network's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Perion Network (XTAE:PERI), the current Cyclically Adjusted Book per Share is ₪41.62 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Perion Network (XTAE:PERI) Overvalued in 2026?

Based on GuruFocus' analysis, Perion Network stock appears to be undervalued. The current stock price of ₪27.26 is trading 23.9% below its estimated GF Value™ of ₪35.83. GuruFocus considers Perion Network to be Modestly Undervalued.

Key valuation signals for XTAE:PERI:

  • Cyclically Adjusted Book per Share: ₪41.62
  • GF Value™: ₪35.83 vs. price of ₪27.26 (23.9% below fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the XTAE:PERI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Perion Network Business Description

Other Exchanges PERI:USAIW2:Germany
Address 2 Leonardo Da Vinci Street, Tel Aviv, ISR, 6473309
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.
65GF Score

Get the complete analysis for XTAE:PERI

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₪27.26
Price
₪35.83
GF Value