Gen Digital (MIL:1NLOK) Cyclically Adjusted PB Ratio: 5.40 (As of Aug. 18, 2026) — 63% Above Median

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Founder & CEO of GuruFocus
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MIL:1NLOK Gen Digital Inc MIL:1NLOK
60 GF Score
Price €23.48
GF Value €28.35
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Gen Digital Cyclically Adjusted PB Ratio?

Gen Digital MIL:1NLOK 60 Cyclically Adjusted PB Ratio is 5.40 as of Aug. 18, 2026, which is 63% above its 10-year median of 3.31. GuruFocus rates MIL:1NLOK with a GF Score™ of 60/100 and a GF Value™ of €28.35 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,548 Software companies, Gen Digital ranks worse than 76.16% on this metric.

As of today (2026-08-18), Gen Digital's current share price is €23.48. Gen Digital's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €4.35. Gen Digital's Cyclically Adjusted PB Ratio for today is 5.40.

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

MIL:1NLOK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.05   Med: 3.31   Max: 5.67
Current: 5.29

During the past years, Gen Digital's highest Cyclically Adjusted PB Ratio was 5.67. The lowest was 2.05. And the median was 3.31.

MIL:1NLOK's Cyclically Adjusted PB Ratio is ranked worse than
76.16% of 1548 companies
in the Software industry
Industry Median: 2.34 vs MIL:1NLOK: 5.29

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.

Gen Digital's adjusted book value per share data for the three months ended in Jun. 2026 was €3.849. 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 €4.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gen Digital  (MIL:1NLOK) 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.


Gen Digital Cyclically Adjusted PB Ratio Related Terms


Gen Digital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gen Digital'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.

Gen Digital Cyclically Adjusted PB Ratio Chart

Gen Digital Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.65 2.50 3.51 4.64 3.61

Gen Digital 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 5.28 5.24 5.21 3.61 4.81

MIL:1NLOK vs RBRK, NTNX, DOCN: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Gen Digital'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.


Gen Digital Cyclically Adjusted PB Ratio vs Software Industry

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

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


MIL:1NLOK
60GF Score
Gen Digital Inc MIL:1NLOK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gen Digital 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.

Gen Digital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.48/4.35
=5.40

* 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.

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

For example, Gen Digital'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)
=3.849/333.9520*333.9520
=3.849

Current CPI (Jun. 2026) = 333.9520.

Gen Digital Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.520 241.428 7.635
201612 6.052 241.432 8.371
201703 5.362 243.801 7.345
201706 4.937 244.955 6.731
201709 4.786 246.819 6.476
201712 6.743 246.524 9.134
201803 6.528 249.554 8.736
201806 8.028 251.989 10.639
201809 8.068 252.439 10.673
201812 8.124 251.233 10.799
201903 8.061 254.202 10.590
201906 7.524 256.143 9.810
201909 8.908 256.759 11.586
201912 12.719 256.974 16.529
202003 0.015 258.115 0.019
202006 -0.756 257.797 -0.979
202009 -0.683 260.280 -0.876
202012 -0.689 260.474 -0.883
202103 -0.724 264.877 -0.913
202106 -0.710 271.696 -0.873
202109 -0.339 274.310 -0.413
202112 -0.149 278.802 -0.178
202203 -0.145 287.504 -0.168
202206 -0.495 296.311 -0.558
202209 2.595 296.808 2.920
202212 1.935 296.797 2.177
202303 3.211 301.836 3.553
202306 3.376 305.109 3.695
202309 3.529 307.789 3.829
202312 3.481 306.746 3.790
202403 3.160 312.332 3.379
202406 2.976 314.175 3.163
202409 3.069 315.301 3.251
202412 3.333 315.605 3.527
202503 3.402 319.799 3.553
202506 3.329 322.561 3.447
202509 3.393 324.800 3.489
202512 3.286 324.054 3.386
202603 3.777 330.213 3.820
202606 3.849 333.952 3.849

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.

What does a Cyclically Adjusted PB Ratio of 5.40 mean?
Gen Digital (MIL:1NLOK) has a Cyclically Adjusted PB Ratio of 5.40 as of Aug. 18, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Gen Digital and its competitors. This is 63% above median its historical median of 3.31. Over the past decade, Gen Digital's Cyclically Adjusted PB Ratio has ranged from 2.05 to 5.67. According to the industry distribution chart, Gen Digital ranks #1179 out of 1548 companies in the Software industry, placing it in the top 76.2%.
Is Gen Digital's Cyclically Adjusted PB Ratio too high?
Gen Digital's current Cyclically Adjusted PB Ratio of 5.40 is 63% above median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 5.67. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Gen Digital's value of 5.40 is 130.8% above this industry median. Based on the distribution chart, Gen Digital ranks #1179 out of 1548 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Gen Digital has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gen Digital's Cyclically Adjusted PB Ratio compare to RBRK and NTNX?
According to the Software industry distribution chart, Gen Digital ranks #1179 out of 1548 companies for Cyclically Adjusted PB Ratio. This places Gen Digital in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. Gen Digital's value of 5.40 is 130.8% above this benchmark. Historically, Gen Digital's own Cyclically Adjusted PB Ratio has ranged from 2.05 to 5.67 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 2.34, Gen Digital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,548 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gen Digital's current Cyclically Adjusted PB Ratio of 5.40 is 130.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Gen Digital and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gen Digital's current Cyclically Adjusted PB Ratio is 5.40, which is 63% above median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gen Digital stock overvalued right now?
Based on GuruFocus' analysis, Gen Digital (MIL:1NLOK) is currently considered Modestly Undervalued. The stock's GF Value™ is €28.35, compared to a current price of €23.48 — trading 17.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.40, which is 63% above median its 10-year median of 3.31 and 130.8% above the Software industry median of 2.34. Gen Digital's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Gen Digital (MIL:1NLOK), the current Cyclically Adjusted PB Ratio is 5.40 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gen Digital (MIL:1NLOK) Overvalued in 2026?

Based on GuruFocus' analysis, Gen Digital stock appears to be undervalued. The current stock price of €23.48 is trading 17.2% below its estimated GF Value™ of €28.35. GuruFocus considers Gen Digital to be Modestly Undervalued.

Key valuation signals for MIL:1NLOK:

  • Cyclically Adjusted PB Ratio: 5.40 (63% above median its 10-year median of 3.31)
  • GF Value™: €28.35 vs. price of €23.48 (17.2% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 130.8% above the Software median (#1179 of 1548)

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


Gen Digital Business Description

Address 60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, USA, 85281
Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.
60GF Score

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

€23.48
Price
€28.35
GF Value