VeriSign (MIL:1VRSN) Cyclically Adjusted PB Ratio: (As of Sep. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:1VRSN VeriSign Inc MIL:1VRSN
69 GF Score
Price €259.30
GF Value €241.92
Valuation Fairly Valued
! 6 Warning Signs
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What is VeriSign Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VeriSign  (MIL:1VRSN) 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.


VeriSign Cyclically Adjusted PB Ratio Related Terms


VeriSign Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for VeriSign'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.

VeriSign Cyclically Adjusted PB Ratio Chart

VeriSign 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 0.00 0.00 0.00 0.00 0.00

VeriSign 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 0.00 0.00 0.00 0.00 0.00

MIL:1VRSN vs CPAY, IOT, OKTA: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, VeriSign'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.


VeriSign Cyclically Adjusted PB Ratio vs Software Industry

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

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


MIL:1VRSN
69GF Score
VeriSign Inc MIL:1VRSN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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VeriSign 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.

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

For example, VeriSign'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)
=-21.809/333.9520*333.9520
=-21.809

Current CPI (Jun. 2026) = 333.9520.

VeriSign Quarterly Data

Book Value per Share CPI Adj_Book
201609 -9.900 241.428 -13.694
201612 -11.041 241.432 -15.272
201703 -10.904 243.801 -14.936
201706 -10.527 244.955 -14.352
201709 -10.523 246.819 -14.238
201712 -10.754 246.524 -14.568
201803 -10.350 249.554 -13.850
201806 -9.680 251.989 -12.829
201809 -9.956 252.439 -13.171
201812 -10.097 251.233 -13.421
201903 -10.489 254.202 -13.780
201906 -10.557 256.143 -13.764
201909 -11.315 256.759 -14.717
201912 -11.374 256.974 -14.781
202003 -11.100 258.115 -14.361
202006 -10.841 257.797 -14.044
202009 -10.346 260.280 -13.274
202012 -10.013 260.474 -12.838
202103 -10.592 264.877 -13.354
202106 -10.674 271.696 -13.120
202109 -10.991 274.310 -13.381
202112 -10.029 278.802 -12.013
202203 -10.519 287.504 -12.218
202206 -12.910 296.311 -14.550
202209 -14.811 296.808 -16.665
202212 -13.901 296.797 -15.641
202303 -14.065 301.836 -15.562
202306 -14.342 305.109 -15.698
202309 -15.066 307.789 -16.347
202312 -14.129 306.746 -15.382
202403 -15.130 312.332 -16.177
202406 -17.294 314.175 -18.383
202409 -17.666 315.301 -18.711
202412 -19.903 315.605 -21.060
202503 -19.450 319.799 -20.311
202506 -18.147 322.561 -18.788
202509 -18.785 324.800 -19.314
202512 -19.959 324.054 -20.569
202603 -21.087 330.213 -21.326
202606 -21.809 333.952 -21.809

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 VeriSign (MIL:1VRSN) Overvalued in 2026?

Based on GuruFocus' analysis, VeriSign stock appears to be overvalued. The current stock price of €259.30 is trading 7.2% above its estimated GF Value™ of €241.92. GuruFocus considers VeriSign to be Fairly Valued.

Key valuation signals for MIL:1VRSN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €241.92 vs. price of €259.30 (7.2% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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


VeriSign Business Description

Address 12061 Bluemont Way, Reston, VA, USA, 20190
Verisign is an operator of critical infrastructure within the domain name system, or DNS. As the registry for some of the world's most popular TLDs, .com and .net, Verisign directs DNS resolvers to the appropriate registry where IP addresses are stored. Verisign's control over its TLDs is regulated by ICANN and the NTIA and are subject to contract renewal every six years. The company generates revenue through annual subscriptions allowing customers to use .com and .net as their TLD of choice for their respective websites.
69GF Score

Get the complete analysis for MIL:1VRSN

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

€259.30
Price
€241.92
GF Value