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Equinix (FRA:EQN2) Cyclically Adjusted PB Ratio : (As of May. 01, 2025)


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What is Equinix Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Equinix Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Equinix'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.

Equinix Cyclically Adjusted PB Ratio Chart

Equinix Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.95 10.11 6.86 7.65 8.16

Equinix 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 7.59 6.82 7.84 8.16 -

Competitive Comparison of Equinix's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, Equinix'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.


Equinix's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equinix's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Equinix 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.

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

For example, Equinix'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)
=131.246/134.9266*134.9266
=131.246

Current CPI (Mar. 2025) = 134.9266.

Equinix Quarterly Data

Book Value per Share CPI Adj_Book
201506 34.455 100.684 46.173
201509 23.154 100.392 31.119
201512 40.584 99.792 54.873
201603 62.332 100.470 83.709
201606 58.922 101.688 78.182
201609 57.716 101.861 76.451
201612 57.959 101.863 76.772
201703 78.219 102.862 102.602
201706 74.489 103.349 97.249
201709 70.160 104.136 90.905
201712 73.232 104.011 94.999
201803 72.881 105.290 93.396
201806 74.551 106.317 94.613
201809 76.331 106.507 96.699
201812 78.612 105.998 100.067
201903 88.691 107.251 111.578
201906 91.289 108.070 113.976
201909 93.283 108.329 116.186
201912 93.268 108.420 116.070
202003 91.307 108.902 113.127
202006 104.177 108.767 129.232
202009 100.580 109.815 123.580
202012 98.067 109.897 120.402
202103 99.185 111.754 119.751
202106 98.458 114.631 115.890
202109 99.771 115.734 116.316
202112 106.333 117.630 121.969
202203 109.172 121.301 121.435
202206 110.412 125.017 119.164
202209 121.745 125.227 131.175
202212 117.270 125.222 126.359
202303 120.143 127.348 127.293
202306 118.615 128.729 124.326
202309 118.637 129.860 123.266
202312 121.216 129.419 126.374
202403 119.227 131.776 122.077
202406 120.135 132.554 122.285
202409 126.884 133.029 128.694
202412 132.795 133.157 134.560
202503 131.246 134.927 131.246

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.


Equinix  (FRA:EQN2) 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.


Equinix Cyclically Adjusted PB Ratio Related Terms

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


Equinix Business Description

Industry
Address
One Lagoon Drive, Redwood City, CA, USA, 94065
Equinix operates 260 data centers in 71 markets worldwide. It generates 44% of total revenue in the Americas, 35% in Europe, the Middle East, and Africa, and 21% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.

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