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GoDaddy (GoDaddy) Cyclically Adjusted PB Ratio : 38.94 (As of Apr. 29, 2024)


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What is GoDaddy Cyclically Adjusted PB Ratio?

As of today (2024-04-29), GoDaddy's current share price is $125.01. GoDaddy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.21. GoDaddy's Cyclically Adjusted PB Ratio for today is 38.94.

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

GDDY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 15.81   Med: 19.85   Max: 39.23
Current: 38.91

During the past years, GoDaddy's highest Cyclically Adjusted PB Ratio was 39.23. The lowest was 15.81. And the median was 19.85.

GDDY's Cyclically Adjusted PB Ratio is ranked worse than
98% of 1299 companies
in the Software industry
Industry Median: 2.56 vs GDDY: 38.91

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 Dec. 2023 was $0.438. 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 $3.21 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.06 20.31 20.56 21.77 33.04

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
=125.01/3.21
=38.94

* 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 Dec. 2023 is calculated as:

For example, GoDaddy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.438/129.4194*129.4194
=0.438

Current CPI (Dec. 2023) = 129.4194.

GoDaddy Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.829 99.695 7.567
201406 2.928 100.560 3.768
201409 5.826 100.428 7.508
201412 6.747 99.070 8.814
201503 6.083 99.621 7.903
201506 5.452 100.684 7.008
201509 5.574 100.392 7.186
201512 6.347 99.792 8.231
201603 6.389 100.470 8.230
201606 5.378 101.688 6.845
201609 5.834 101.861 7.412
201612 6.352 101.863 8.070
201703 6.605 102.862 8.310
201706 3.480 103.349 4.358
201709 3.131 104.136 3.891
201712 3.658 104.011 4.552
201803 3.696 105.290 4.543
201806 3.995 106.317 4.863
201809 4.168 106.507 5.065
201812 4.703 105.998 5.742
201903 5.199 107.251 6.274
201906 5.348 108.070 6.405
201909 3.896 108.329 4.654
201912 4.466 108.420 5.331
202003 2.868 108.902 3.408
202006 -1.567 108.767 -1.865
202009 -0.978 109.815 -1.153
202012 -0.076 109.897 -0.090
202103 -0.432 111.754 -0.500
202106 -0.197 114.631 -0.222
202109 -0.619 115.734 -0.692
202112 0.490 117.630 0.539
202203 -2.910 121.301 -3.105
202206 -2.857 125.017 -2.958
202209 -1.788 125.227 -1.848
202212 -2.157 125.222 -2.229
202303 -2.322 127.348 -2.360
202306 -4.499 128.729 -4.523
202309 -6.876 129.860 -6.853
202312 0.438 129.419 0.438

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  (NYSE:GDDY) 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 (GoDaddy) 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.
Executives
Mark Mccaffrey officer: Chief Financial Officer C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Roger Chen officer: Chief Operating Officer C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Amanpal Singh Bhutani director, officer: Chief Executive Officer THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nick Daddario officer: Chief Accounting Officer C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Leah Sweet director C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Michele Lau officer: Chief Legal Officer C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Srinivas Tallapragada director THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105
Sigal Zarmi director 1501 YAMATO ROAD, BOCA RATON FL 33431
Charles J Robel director INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Nima Kelly officer: See Remarks C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
Winborne Raymond E Jr officer: Chief Financial Officer C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85050
Low Ah Kee Andrew officer: Chief Revenue Officer C/O GODADDY INC., 14455 N. HAYDEN RD., SCOTTSDALE AZ 85260
James M. Carroll officer: See Remarks C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
Brian Sharples director 1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746
Rebecca Morrow officer: Chief Accounting Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405