Akamai Technologies (MIL:1AKAM) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1AKAM Akamai Technologies Inc MIL:1AKAM
68 GF Score
Price €104.22
GF Value €98.92
Valuation Fairly Valued
! 5 Warning Signs
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What is Akamai Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Akamai Technologies  (MIL:1AKAM) 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.


Akamai Technologies Cyclically Adjusted PB Ratio Related Terms


Akamai Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Akamai Technologies'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.

Akamai Technologies Cyclically Adjusted PB Ratio Chart

Akamai Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.48 3.54 4.61 3.48 3.00

Akamai Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.80 2.62 3.00 3.84 0.00

MIL:1AKAM vs TOST, GEN, RBRK: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Akamai Technologies'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.


Akamai Technologies Cyclically Adjusted PB Ratio vs Software Industry

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

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


MIL:1AKAM
68GF Score
Akamai Technologies Inc MIL:1AKAM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Akamai Technologies 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.

Akamai Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Akamai Technologies's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=26.819/333.9520*333.9520
=26.819

Current CPI (Jun. 2026) = 333.9520.

Akamai Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.258 241.428 22.489
201612 17.638 241.432 24.397
201703 17.592 243.801 24.097
201706 17.007 244.955 23.186
201709 16.177 246.819 21.888
201712 16.724 246.524 22.655
201803 16.075 249.554 21.511
201806 17.419 251.989 23.085
201809 16.501 252.439 21.829
201812 17.223 251.233 22.894
201903 17.771 254.202 23.346
201906 18.391 256.143 23.978
201909 19.668 256.759 25.581
201912 20.322 256.974 26.410
202003 20.492 258.115 26.513
202006 21.318 257.797 27.615
202009 21.421 260.280 27.484
202012 21.477 260.474 27.536
202103 22.236 264.877 28.035
202106 22.793 271.696 28.016
202109 23.981 274.310 29.195
202112 24.977 278.802 29.918
202203 24.324 287.504 28.254
202206 25.392 296.311 28.618
202209 27.081 296.808 30.470
202212 26.301 296.797 29.594
202303 25.507 301.836 28.221
202306 26.081 305.109 28.547
202309 26.841 307.789 29.123
202312 27.875 306.746 30.347
202403 27.971 312.332 29.907
202406 29.076 314.175 30.906
202409 28.677 315.301 30.373
202412 31.054 315.605 32.859
202503 29.029 319.799 30.314
202506 27.048 322.561 28.003
202509 28.043 324.800 28.833
202512 29.374 324.054 30.271
202603 29.173 330.213 29.503
202606 26.819 333.952 26.819

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.

Is Akamai Technologies (MIL:1AKAM) Overvalued in 2026?

Based on GuruFocus' analysis, Akamai Technologies stock appears to be overvalued. The current stock price of €104.22 is trading 5.4% above its estimated GF Value™ of €98.92. GuruFocus considers Akamai Technologies to be Fairly Valued.

Key valuation signals for MIL:1AKAM:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €98.92 vs. price of €104.22 (5.4% above fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the MIL:1AKAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akamai Technologies Business Description

Address 145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, in which customers store content on distributed servers to deliver it to their own customers more quickly. Akamai has over 350,000 servers distributed over 4,350 points of presence in more than 700 cities globally. This network supports upward of 20% of global internet traffic, generating massive amounts of data. Using data generated by the delivery network, the firm offers cybersecurity products and cloud computing services, ranging from API security to zero-trust enterprise access, which has surpassed the delivery network in revenue and importance. As of 2026, the primary focus has shifted to offering computing hardware as a service, with an emphasis on serving large language model providers such as Anthropic.
68GF Score

Get the complete analysis for MIL:1AKAM

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€104.22
Price
€98.92
GF Value