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F5 (MEX:FFIV) Cyclically Adjusted PB Ratio : 6.56 (As of Jun. 22, 2024)


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What is F5 Cyclically Adjusted PB Ratio?

As of today (2024-06-22), F5's current share price is MXN3168.92. F5's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN482.80. F5's Cyclically Adjusted PB Ratio for today is 6.56.

The historical rank and industry rank for F5's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:FFIV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.34   Med: 7.91   Max: 11.43
Current: 4.98

During the past years, F5's highest Cyclically Adjusted PB Ratio was 11.43. The lowest was 4.34. And the median was 7.91.

MEX:FFIV's Cyclically Adjusted PB Ratio is ranked worse than
75.28% of 1424 companies
in the Software industry
Industry Median: 2.515 vs MEX:FFIV: 4.98

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.

F5's adjusted book value per share data for the three months ended in Mar. 2024 was MXN830.610. 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 MXN482.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


F5 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for F5'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.

F5 Cyclically Adjusted PB Ratio Chart

F5 Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.20 5.62 7.92 4.96 4.98

F5 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 4.74 4.64 4.98 5.45 5.56

Competitive Comparison of F5's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, F5'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.


F5's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, F5's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where F5's Cyclically Adjusted PB Ratio falls into.



F5 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.

F5's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3168.92/482.8
=6.56

* 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.

F5's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, F5'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)
=830.61/131.7762*131.7762
=830.610

Current CPI (Mar. 2024) = 131.7762.

F5 Quarterly Data

Book Value per Share CPI Adj_Book
201406 244.125 100.560 319.909
201409 250.521 100.428 328.721
201412 275.174 99.070 366.019
201503 281.134 99.621 371.877
201506 293.262 100.684 383.825
201509 317.233 100.392 416.407
201512 315.765 99.792 416.969
201603 303.513 100.470 398.085
201606 331.596 101.688 429.711
201609 350.879 101.861 453.927
201612 380.274 101.863 491.947
201703 347.911 102.862 445.707
201706 342.668 103.349 436.922
201709 356.440 104.136 451.049
201712 389.709 104.011 493.739
201803 364.634 105.290 456.362
201806 409.020 106.317 506.967
201809 399.321 106.507 494.063
201812 460.711 105.998 572.754
201903 476.837 107.251 585.879
201906 518.736 108.070 632.529
201909 576.068 108.329 700.752
201912 598.483 108.420 727.410
202003 772.793 108.902 935.118
202006 812.839 108.767 984.789
202009 807.100 109.815 968.508
202012 775.124 109.897 929.444
202103 683.438 111.754 805.882
202106 723.682 114.631 831.919
202109 800.150 115.734 911.059
202112 812.762 117.630 910.509
202203 789.369 121.301 857.537
202206 784.704 125.017 827.131
202209 829.661 125.227 873.055
202212 837.458 125.222 881.292
202303 812.506 127.348 840.760
202306 768.348 128.729 786.538
202309 823.838 129.860 835.998
202312 825.942 129.419 840.983
202403 830.610 131.776 830.610

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.


F5  (MEX:FFIV) 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.


F5 Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of F5's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


F5 (MEX:FFIV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » F5 Inc (MEX:FFIV) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
801 5th Avenue, Seattle, WA, USA, 98104
F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, has about 6,500 employees, and generates about 55% its revenue within the Americas, 25% in EMEA, and 20% in APAC/Japan.

F5 (MEX:FFIV) Headlines