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GoDaddy (FRA:38D) Cyclically Adjusted PB Ratio : 41.72 (As of May. 16, 2024)


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What is GoDaddy Cyclically Adjusted PB Ratio?

As of today (2024-05-16), GoDaddy's current share price is €121.00. GoDaddy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.90. GoDaddy's Cyclically Adjusted PB Ratio for today is 41.72.

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

FRA:38D' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 15.81   Med: 19.98   Max: 44.06
Current: 44.06

During the past years, GoDaddy's highest Cyclically Adjusted PB Ratio was 44.06. The lowest was 15.81. And the median was 19.98.

FRA:38D's Cyclically Adjusted PB Ratio is ranked worse than
98.2% of 1336 companies
in the Software industry
Industry Median: 2.615 vs FRA:38D: 44.06

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.

GoDaddy's adjusted book value per share data for the three months ended in Mar. 2024 was €2.679. 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 €2.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GoDaddy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GoDaddy'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.

GoDaddy Cyclically Adjusted PB Ratio Chart

GoDaddy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 19.06 33.04

GoDaddy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.31 20.56 21.77 33.04 38.32

Competitive Comparison of GoDaddy's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, GoDaddy'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.


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

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

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



GoDaddy 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.

GoDaddy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=121.00/2.9
=41.72

* 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.

GoDaddy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GoDaddy's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.679/131.7762*131.7762
=2.679

Current CPI (Mar. 2024) = 131.7762.

GoDaddy Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.155 100.560 2.824
201409 4.521 100.428 5.932
201412 5.472 99.070 7.279
201503 5.621 99.621 7.435
201506 4.857 100.684 6.357
201509 4.967 100.392 6.520
201512 5.827 99.792 7.695
201603 5.738 100.470 7.526
201606 4.786 101.688 6.202
201609 5.198 101.861 6.725
201612 6.021 101.863 7.789
201703 6.175 102.862 7.911
201706 3.097 103.349 3.949
201709 2.627 104.136 3.324
201712 3.091 104.011 3.916
201803 2.997 105.290 3.751
201806 3.420 106.317 4.239
201809 3.572 106.507 4.419
201812 4.134 105.998 5.139
201903 4.601 107.251 5.653
201906 4.733 108.070 5.771
201909 3.538 108.329 4.304
201912 4.019 108.420 4.885
202003 2.595 108.902 3.140
202006 -1.391 108.767 -1.685
202009 -0.831 109.815 -0.997
202012 -0.063 109.897 -0.076
202103 -0.363 111.754 -0.428
202106 -0.164 114.631 -0.189
202109 -0.526 115.734 -0.599
202112 0.433 117.630 0.485
202203 -2.642 121.301 -2.870
202206 -2.702 125.017 -2.848
202209 -1.806 125.227 -1.900
202212 -2.036 125.222 -2.143
202303 -2.169 127.348 -2.244
202306 -4.152 128.729 -4.250
202309 -6.443 129.860 -6.538
202312 0.402 129.419 0.409
202403 2.679 131.776 2.679

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.


GoDaddy  (FRA:38D) 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.


GoDaddy Cyclically Adjusted PB Ratio Related Terms

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


GoDaddy (FRA:38D) Business Description

Industry
Traded in Other Exchanges
Address
2155 E. GoDaddy Way, Tempe, AZ, USA, 85284
GoDaddy is a provider of domain registration and aftermarket services, website hosting, security, design, and business productivity tools, commerce solutions, and domain registry services. The company primarily targets micro- to small businesses, website design professionals, registrar peers, and domain investors. Since acquiring payment processing platform Poynt in 2021, the company has expanded into omnicommerce solutions, including offering an online payment gateway and offline point-of-sale devices.

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