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Extreme Networks (FRA:EXM) Cyclically Adjusted PB Ratio : 12.51 (As of Jun. 19, 2024)


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What is Extreme Networks Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Extreme Networks's current share price is €11.26. Extreme Networks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.90. Extreme Networks's Cyclically Adjusted PB Ratio for today is 12.51.

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

FRA:EXM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 4.52   Max: 29.61
Current: 12.49

During the past years, Extreme Networks's highest Cyclically Adjusted PB Ratio was 29.61. The lowest was 1.12. And the median was 4.52.

FRA:EXM's Cyclically Adjusted PB Ratio is ranked worse than
97.21% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs FRA:EXM: 12.49

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.

Extreme Networks's adjusted book value per share data for the three months ended in Mar. 2024 was €0.460. 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 €0.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Extreme Networks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Extreme Networks'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.

Extreme Networks Cyclically Adjusted PB Ratio Chart

Extreme Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 3.08 8.63 7.20 23.87

Extreme Networks 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 17.04 23.87 22.96 17.49 11.74

Competitive Comparison of Extreme Networks's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Extreme Networks'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.


Extreme Networks's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Extreme Networks 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.

Extreme Networks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.26/0.9
=12.51

* 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.

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

For example, Extreme Networks'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)
=0.46/131.7762*131.7762
=0.460

Current CPI (Mar. 2024) = 131.7762.

Extreme Networks Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.189 100.560 1.558
201409 1.139 100.428 1.495
201412 1.095 99.070 1.456
201503 1.069 99.621 1.414
201506 0.926 100.684 1.212
201509 0.865 100.392 1.135
201512 0.846 99.792 1.117
201603 0.774 100.470 1.015
201606 0.765 101.688 0.991
201609 0.756 101.861 0.978
201612 0.753 101.863 0.974
201703 0.746 102.862 0.956
201706 1.008 103.349 1.285
201709 1.003 104.136 1.269
201712 0.829 104.011 1.050
201803 0.791 105.290 0.990
201806 0.831 106.317 1.030
201809 0.849 106.507 1.050
201812 0.873 105.998 1.085
201903 0.939 107.251 1.154
201906 0.861 108.070 1.050
201909 0.701 108.329 0.853
201912 0.387 108.420 0.470
202003 0.124 108.902 0.150
202006 0.040 108.767 0.048
202009 0.068 109.815 0.082
202012 0.119 109.897 0.143
202103 0.234 111.754 0.276
202106 0.357 114.631 0.410
202109 0.474 115.734 0.540
202112 0.477 117.630 0.534
202203 0.690 121.301 0.750
202206 0.661 125.017 0.697
202209 0.851 125.227 0.896
202212 0.618 125.222 0.650
202303 0.748 127.348 0.774
202306 0.843 128.729 0.863
202309 0.785 129.860 0.797
202312 0.771 129.419 0.785
202403 0.460 131.776 0.460

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.


Extreme Networks  (FRA:EXM) 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.


Extreme Networks Cyclically Adjusted PB Ratio Related Terms

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


Extreme Networks (FRA:EXM) Business Description

Industry
Traded in Other Exchanges
Address
2121 RDU Center Drive, Suite 300, Morrisville, NC, USA, 27560
Extreme Networks Inc provides software-driven networking services for enterprise customers. Its products include wired and wireless network infrastructure equipment and software for network management, policy, analytics, and access controls. It offers high-density Wi-Fi, centralized management, cloud-based network management, and application analytics capabilities. The company operates in a single segment which develops and markets network infrastructure equipment. Roughly half of the firm's revenue is generated in the Americas, with the rest coming from Europe, the Middle East, Africa, and Asia-Pacific.

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