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Intuit (HAM:ITU) Cyclically Adjusted PB Ratio : 24.33 (As of May. 16, 2024)


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What is Intuit Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Intuit's current share price is €585.70. Intuit's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €24.07. Intuit's Cyclically Adjusted PB Ratio for today is 24.33.

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

HAM:ITU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.86   Med: 21.37   Max: 52.02
Current: 25.56

During the past years, Intuit's highest Cyclically Adjusted PB Ratio was 52.02. The lowest was 7.86. And the median was 21.37.

HAM:ITU's Cyclically Adjusted PB Ratio is ranked worse than
96.56% of 1336 companies
in the Software industry
Industry Median: 2.615 vs HAM:ITU: 25.56

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.

Intuit's adjusted book value per share data for the three months ended in Jan. 2024 was €55.429. 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 €24.07 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intuit Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Intuit'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.

Intuit Cyclically Adjusted PB Ratio Chart

Intuit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.70 31.23 42.39 25.55 22.20

Intuit Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 20.85 20.43 22.20 20.24 24.63

Competitive Comparison of Intuit's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Intuit'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.


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

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

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



Intuit 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=585.70/24.07
=24.33

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=55.429/130.1244*130.1244
=55.429

Current CPI (Jan. 2024) = 130.1244.

Intuit Quarterly Data

Book Value per Share CPI Adj_Book
201404 8.247 100.023 10.729
201407 7.983 100.520 10.334
201410 8.091 100.176 10.510
201501 7.214 98.604 9.520
201504 7.780 99.824 10.142
201507 7.633 100.691 9.864
201510 3.542 100.346 4.593
201601 2.266 99.957 2.950
201604 4.288 100.947 5.527
201607 4.075 101.524 5.223
201610 3.306 101.988 4.218
201701 2.882 102.456 3.660
201704 6.179 103.167 7.794
201707 4.592 103.278 5.786
201710 4.004 104.070 5.006
201801 3.705 104.578 4.610
201804 7.509 105.708 9.243
201807 9.321 106.324 11.407
201810 9.324 106.695 11.371
201901 9.453 106.200 11.583
201904 13.968 107.818 16.858
201907 12.853 108.250 15.450
201910 12.614 108.577 15.117
202001 12.890 108.841 15.411
202004 16.724 108.173 20.118
202007 16.972 109.318 20.202
202010 16.970 109.861 20.100
202101 26.575 110.364 31.333
202104 30.437 112.673 35.151
202107 30.557 115.183 34.521
202110 30.707 116.696 34.241
202201 48.714 118.619 53.439
202204 55.601 121.978 59.314
202207 57.324 125.002 59.673
202210 57.968 125.734 59.992
202301 52.403 126.223 54.023
202304 57.245 127.992 58.199
202307 55.670 128.974 56.166
202310 57.448 129.810 57.587
202401 55.429 130.124 55.429

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.


Intuit  (HAM:ITU) 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.


Intuit Cyclically Adjusted PB Ratio Related Terms

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


Intuit (HAM:ITU) Business Description

Industry
Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.

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