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Carbonite (Carbonite) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Carbonite Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Carbonite Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carbonite'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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Carbonite Cyclically Adjusted PB Ratio Chart

Carbonite Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Carbonite Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Carbonite's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Carbonite'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.


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

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

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



Carbonite 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.

Carbonite's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Carbonite's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=7.087/108.3294*108.3294
=7.087

Current CPI (Sep. 2019) = 108.3294.

Carbonite Quarterly Data

Book Value per Share CPI Adj_Book
200912 -10.077 91.111 -11.981
201003 0.000 91.821 0.000
201006 0.000 91.962 0.000
201009 0.000 92.162 0.000
201012 -14.872 92.474 -17.422
201103 -3.340 94.283 -3.838
201106 -0.649 95.235 -0.738
201109 1.326 95.727 1.501
201112 1.098 95.213 1.249
201203 0.783 96.783 0.876
201206 0.662 96.819 0.741
201209 0.572 97.633 0.635
201212 0.540 96.871 0.604
201303 0.321 98.209 0.354
201306 0.308 98.518 0.339
201309 0.400 98.790 0.439
201312 0.483 98.326 0.532
201403 0.508 99.695 0.552
201406 0.505 100.560 0.544
201409 0.555 100.428 0.599
201412 0.534 99.070 0.584
201503 0.490 99.621 0.533
201506 0.291 100.684 0.313
201509 0.166 100.392 0.179
201512 0.039 99.792 0.042
201603 -0.178 100.470 -0.192
201606 -0.076 101.688 -0.081
201609 0.053 101.861 0.056
201612 0.213 101.863 0.227
201703 0.316 102.862 0.333
201706 1.296 103.349 1.358
201709 1.267 104.136 1.318
201712 1.358 104.011 1.414
201803 2.361 105.290 2.429
201806 2.372 106.317 2.417
201809 7.900 106.507 8.035
201812 7.582 105.998 7.749
201903 7.645 107.251 7.722
201906 7.473 108.070 7.491
201909 7.087 108.329 7.087

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.


Carbonite  (NAS:CARB) 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.


Carbonite Cyclically Adjusted PB Ratio Related Terms

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


Carbonite (Carbonite) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Two Avenue de Lafayette, Boston, MA, USA, 02111
Carbonite Inc is a provider of cloud and hybrid business continuity solutions. Its solutions include Carbonite Personal, which offers unlimited cloud backup for individuals, and Carbonite which offers cloud backup for small and midsize businesses, for an annual flat fee based on the amount of storage needed. Both solutions are packaged at three different service levels. The company derives revenues from subscription fees for its software-as-a-service offerings. A large majority of the firm's revenue is generated in the United States.
Executives
Linda Connly director C/O CARBONITE, INC., TWO AVENUE DE LAFAYETTE, BOSTON MA 02111
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Anthony Folger officer: Chief Financial Officer C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Todd Krasnow director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Marina Levinson director C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Mohamad Ali director, officer: CEO and President 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Mv Management X, L.l.c. 10 percent owner 3000 SAND HILL ROAD, BUILDING 4, SUITE 100, MENLO PARK CA 94025
Menlo Ventures X L P 10 percent owner 2884 SAND HILL RD, SUITE 100, MENLO PARK CA 94025
Menlo Entrepreneurs Fund X Lp 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL RD SUITE 100, MENLO PARK CA 94025
Mmef X Lp 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL RD SUITE 100, MENLO PARK CA 94025
Tim Clifford director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Thomas A. Murray officer: SVP, Marketing C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Gary Hromadko director 301 VELOCITY WAY 5TH FLOOR, FOSTER CITY CA 94404
Crosslink Capital Inc other: Affiliate of Director 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025

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