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Amdocs (FRA:AOS) Cyclically Adjusted PB Ratio : 2.75 (As of Jun. 03, 2025)


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What is Amdocs Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Amdocs's current share price is €79.64. Amdocs's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €28.94. Amdocs's Cyclically Adjusted PB Ratio for today is 2.75.

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

FRA:AOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.01   Med: 3.01   Max: 3.49
Current: 2.87

During the past years, Amdocs's highest Cyclically Adjusted PB Ratio was 3.49. The lowest was 2.01. And the median was 3.01.

FRA:AOS's Cyclically Adjusted PB Ratio is ranked worse than
51.46% of 1436 companies
in the Software industry
Industry Median: 2.705 vs FRA:AOS: 2.87

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.

Amdocs's adjusted book value per share data for the three months ended in Mar. 2025 was €28.783. 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 €28.94 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amdocs Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amdocs'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.

Amdocs Cyclically Adjusted PB Ratio Chart

Amdocs Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 2.89 2.74 2.77 2.78

Amdocs Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.91 2.52 2.78 2.70 2.86

Competitive Comparison of Amdocs's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Amdocs'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.


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

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

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


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Amdocs 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.64/28.94
=2.75

* 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.

Amdocs's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=28.783/134.9266*134.9266
=28.783

Current CPI (Mar. 2025) = 134.9266.

Amdocs Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.387 100.684 27.321
201509 20.083 100.392 26.992
201512 20.920 99.792 28.285
201603 20.836 100.470 27.982
201606 20.670 101.688 27.426
201609 20.914 101.861 27.703
201612 22.428 101.863 29.708
201703 22.683 102.862 29.754
201706 21.930 103.349 28.631
201709 20.768 104.136 26.909
201712 21.150 104.011 27.436
201803 20.273 105.290 25.979
201806 21.301 106.317 27.033
201809 21.085 106.507 26.711
201812 21.828 105.998 27.785
201903 22.268 107.251 28.014
201906 22.699 108.070 28.340
201909 23.580 108.329 29.369
201912 23.669 108.420 29.456
202003 23.973 108.902 29.702
202006 24.064 108.767 29.852
202009 23.382 109.815 28.729
202012 24.040 109.897 29.515
202103 23.717 111.754 28.635
202106 23.806 114.631 28.021
202109 24.456 115.734 28.512
202112 25.357 117.630 29.086
202203 26.327 121.301 29.284
202206 27.386 125.017 29.557
202209 29.401 125.227 31.678
202212 27.769 125.222 29.921
202303 27.855 127.348 29.513
202306 27.982 128.729 29.329
202309 28.136 129.860 29.234
202312 28.019 129.419 29.211
202403 28.131 131.776 28.804
202406 28.511 132.554 29.021
202409 27.591 133.029 27.985
202412 29.496 133.157 29.888
202503 28.783 134.927 28.783

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.


Amdocs  (FRA:AOS) 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.


Amdocs Cyclically Adjusted PB Ratio Related Terms

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


Amdocs Business Description

Industry
Traded in Other Exchanges
Address
625 Maryville Centre Drive, Suite 200, Saint Louis, MO, USA, 63141
Amdocs Ltd is a provider of software and services to communications, cable and satellite, entertainment, and media industry service providers. The Company and its subsidiaries operate in one operating segment, providing software products and services for the communications, entertainment and media industry service being designed, develop, market, support, implement, and operate its open and modular cloud offering. The company offers business support systems, operational support systems, and managed services. Geographically, it derives a majority of revenue from North America and also has a presence in Europe and the Rest of the world.