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Appgate (Appgate) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is Appgate Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Appgate Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Appgate's Cyclically Adjusted PB Ratio 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.

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Appgate Cyclically Adjusted PB Ratio Chart

Appgate Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PB Ratio
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Appgate Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Appgate's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Appgate'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.


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

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

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



Appgate Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Appgate's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Appgate's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=-0.043/115.7343*115.7343
=-0.043

Current CPI (Sep. 2021) = 115.7343.

Appgate Quarterly Data

Book Value per Share CPI Adj_Book
201112 -0.001 95.213 -0.001
201203 0.000 96.783 0.000
201206 0.000 96.819 0.000
201209 -0.001 97.633 -0.001
201212 -0.002 96.871 -0.002
201303 -0.002 98.209 -0.002
201306 -0.002 98.518 -0.002
201309 -0.004 98.790 -0.005
201312 -0.005 98.326 -0.006
201403 -0.006 99.695 -0.007
201406 -0.007 100.560 -0.008
201409 -0.008 100.428 -0.009
201412 -0.010 99.070 -0.012
201503 -0.011 99.621 -0.013
201506 -0.012 100.684 -0.014
201509 -0.013 100.392 -0.015
201512 -0.014 99.792 -0.016
201603 -0.015 100.470 -0.017
201606 -0.016 101.688 -0.018
201609 -0.017 101.861 -0.019
201612 -0.018 101.863 -0.020
201703 -0.019 102.862 -0.021
201706 -0.020 103.349 -0.022
201709 -0.021 104.136 -0.023
201712 -0.022 104.011 -0.024
201803 -0.022 105.290 -0.024
201806 -0.023 106.317 -0.025
201809 -0.024 106.507 -0.026
201812 -0.025 105.998 -0.027
201903 -0.026 107.251 -0.028
201906 -0.027 108.070 -0.029
201909 -0.028 108.329 -0.030
201912 -0.029 108.420 -0.031
202003 -0.030 108.902 -0.032
202006 -0.031 108.767 -0.033
202009 -0.032 109.815 -0.034
202012 -0.033 109.897 -0.035
202103 -0.038 111.754 -0.039
202106 -0.039 114.631 -0.039
202109 -0.043 115.734 -0.043

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


Appgate  (OTCPK:APGT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Appgate Cyclically Adjusted PB Ratio Related Terms

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Appgate (Appgate) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2333 Ponce De Leon Boulevard, Suite 900, Coral Gables, FL, USA, 33134
Appgate Inc is a secure access company that provides cybersecurity solutions for people, devices, and systems based on the principles of Zero Trust security. Through a set of differentiated cloud and hybrid security products, it enables enterprises to effectively shield themselves against cyber threats. Its products and services include Software-Defined Perimeter, Risk-Based Authentication, Digital Threat Protection, and Threat Advisory Services.
Executives
Jonathan J Ledecky director, 10 percent owner, officer: President C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kirk M Warshaw officer: Chief Financial Officer C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Arnold P Kling director, 10 percent owner, officer: President C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
R R Biotech Partners Llc 10 percent owner 330 MADISON AVENUE, NEW YORK NY 10017
Partners,llc Moyo 10 percent owner C/O ARNOLD KLING,ESQ, 444 EAST 86TH STREET # PHF, NEW YORK NY 10028