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APLD (Applied Digital) Cyclically Adjusted PB Ratio : 2.09 (As of May. 30, 2025)


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What is Applied Digital Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Applied Digital's current share price is $6.83. Applied Digital's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was $3.27. Applied Digital's Cyclically Adjusted PB Ratio for today is 2.09.

The historical rank and industry rank for Applied Digital's Cyclically Adjusted PB Ratio or its related term are showing as below:

APLD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.39   Max: 3.04
Current: 2.15

During the past years, Applied Digital's highest Cyclically Adjusted PB Ratio was 3.04. The lowest was 0.44. And the median was 1.39.

APLD's Cyclically Adjusted PB Ratio is ranked better than
57.12% of 1425 companies
in the Software industry
Industry Median: 2.71 vs APLD: 2.15

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.

Applied Digital's adjusted book value per share data for the three months ended in Feb. 2025 was $2.026. 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 $3.27 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Applied Digital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Applied Digital'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.

* Premium members only.

Applied Digital Cyclically Adjusted PB Ratio Chart

Applied Digital Annual Data
Trend May04 May05 May06 May07 May08 May20 May21 May22 May23 May24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.30 1.16

Applied Digital Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Cyclically Adjusted PB Ratio 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 1.14 1.16 1.02 2.88 2.45

Competitive Comparison of Applied Digital's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Applied Digital'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.


Applied Digital's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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Applied Digital 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.

Applied Digital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.83/3.27
=2.09

* 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.

Applied Digital's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, Applied Digital's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book=Book Value per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=2.026/134.6241*134.6241
=2.026

Current CPI (Feb. 2025) = 134.6241.

Applied Digital Quarterly Data

Book Value per Share CPI Adj_Book
200405 7.171 79.783 12.100
200408 6.991 79.952 11.772
200411 6.745 80.585 11.268
200502 6.475 80.923 10.772
200505 6.146 82.019 10.088
200508 5.808 82.863 9.436
200511 5.582 83.370 9.014
200602 5.316 83.834 8.537
200605 4.620 85.437 7.280
200608 4.211 86.028 6.590
200611 3.728 85.015 5.903
200702 3.202 85.858 5.021
200705 2.631 87.736 4.037
200708 2.030 87.722 3.115
200711 1.508 88.676 2.289
200802 1.081 89.316 1.629
200805 0.563 91.399 0.829
200808 0.476 92.435 0.693
200811 0.258 89.624 0.388
200902 -0.046 89.527 -0.069
202005 -4.852 108.175 -6.038
202008 0.000 109.662 0.000
202011 0.000 109.793 0.000
202102 0.000 110.968 0.000
202105 -5.233 113.576 -6.203
202108 -0.084 115.421 -0.098
202111 -0.104 117.269 -0.119
202202 -0.967 119.703 -1.088
202205 0.739 123.323 0.807
202208 0.736 124.958 0.793
202211 0.676 125.607 0.725
202302 0.644 126.928 0.683
202305 0.620 128.314 0.650
202308 1.209 129.538 1.256
202311 1.322 129.548 1.374
202402 0.968 130.930 0.995
202405 0.898 132.509 0.912
202408 1.536 132.816 1.557
202411 2.007 133.110 2.030
202502 2.026 134.624 2.026

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.


Applied Digital  (NAS:APLD) 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.


Applied Digital Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Applied Digital's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Applied Digital Business Description

Industry
Traded in Other Exchanges
Address
3811 Turtle Creek Boulevard, Suite 2100, Dallas, TX, USA, 75219
Applied Digital Corp is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services to industries like High-Performance Computing (HPC) and Artificial Intelligence (AI). The company operates in the following business segments; Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The majority of its revenue is generated from the Data Center Hosting Business which operates data centers to provide energized space to crypto mining customers.
Executives
Richard N Nottenburg director 1303 EAST ALGONQUIN ROAD, SCHAUMBURG IL 60196
Wes Cummins director, 10 percent owner, officer: CEO & Chairman 4505 LORRAINE AVE, DALLAS TX 75205
Douglas S Miller director C/O TELENAV, INC., 4655 GREAT AMERICA PK, SUITE 300, SANTA CLARA CA 95054
Virginia Moore director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN,INC., DALLAS TX 75219
Michael Maniscalco officer: Chief Technology Officer 3811 TURTLE CREEK BOULEVARD, SUITE 2100, DALLAS TX 75219
David Rench officer: Chief Financial Officer 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Regina Ingel officer: EVP - Operations 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Chuck Hastings director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Kelli Mcdonald director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Jason Zhang director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Richard S Rosenfeld officer: CFO 105 STONEBRIDGE ROAD, MONTCLAIR NJ 07042
James A Schwartz director 28 COTTRELL STREET, MYSTIC CT 06355
Riley Investment Management Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Riley Investment Partners Master Fund, L.p. 10 percent owner 11100 SANTA MONICA BOULEVARD, SUITE 810, LOS ANGELES CA 90025
Samuel A Kovnat director, officer: Chief Executive Officer