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Verint Systems (Verint Systems) Cyclically Adjusted PB Ratio : 1.57 (As of May. 02, 2024)


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What is Verint Systems Cyclically Adjusted PB Ratio?

As of today (2024-05-02), Verint Systems's current share price is $30.48. Verint Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $19.37. Verint Systems's Cyclically Adjusted PB Ratio for today is 1.57.

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

VRNT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.48   Max: 5.01
Current: 1.57

During the past years, Verint Systems's highest Cyclically Adjusted PB Ratio was 5.01. The lowest was 0.95. And the median was 2.48.

VRNT's Cyclically Adjusted PB Ratio is ranked better than
67.3% of 1315 companies
in the Software industry
Industry Median: 2.56 vs VRNT: 1.57

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.

Verint Systems's adjusted book value per share data for the three months ended in Jan. 2024 was $13.230. 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 $19.37 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verint Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Verint Systems'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.

Verint Systems Cyclically Adjusted PB Ratio Chart

Verint Systems Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.54 2.98 2.00 1.53

Verint Systems 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 2.00 1.89 1.93 0.97 1.53

Competitive Comparison of Verint Systems's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Verint Systems'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.


Verint Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Verint Systems 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.

Verint Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.48/19.37
=1.57

* 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.

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

For example, Verint Systems'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)
=13.23/129.4194*129.4194
=13.230

Current CPI (Jan. 2024) = 129.4194.

Verint Systems Quarterly Data

Book Value per Share CPI Adj_Book
201404 12.739 100.023 16.483
201407 16.848 100.520 21.692
201410 16.651 100.176 21.512
201501 16.384 98.604 21.504
201504 16.637 99.824 21.570
201507 16.891 100.691 21.710
201510 17.088 100.346 22.039
201601 17.026 99.957 22.044
201604 16.988 100.947 21.780
201607 16.252 101.524 20.718
201610 15.718 101.988 19.946
201701 16.126 102.456 20.370
201704 16.142 103.167 20.250
201707 16.377 103.278 20.522
201710 16.625 104.070 20.675
201801 17.554 104.578 21.724
201804 17.984 105.708 22.018
201807 18.135 106.324 22.074
201810 18.378 106.695 22.292
201901 19.121 106.200 23.302
201904 19.171 107.818 23.012
201907 19.070 108.250 22.799
201910 19.736 108.577 23.525
202001 18.990 108.841 22.580
202004 18.262 108.173 21.849
202007 18.639 109.318 22.066
202010 19.056 109.861 22.449
202101 19.343 110.364 22.683
202104 14.263 112.673 16.383
202107 14.402 115.183 16.182
202110 14.646 116.696 16.243
202201 14.381 118.619 15.690
202204 12.876 121.978 13.661
202207 12.820 125.002 13.273
202210 12.658 125.734 13.029
202301 13.085 126.223 13.416
202304 12.770 127.992 12.912
202307 12.815 128.974 12.859
202310 12.648 129.810 12.610
202401 13.230 129.419 13.230

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.


Verint Systems  (NAS:VRNT) 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.


Verint Systems Cyclically Adjusted PB Ratio Related Terms

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


Verint Systems (Verint Systems) Business Description

Industry
Traded in Other Exchanges
Address
175 Broadhollow Road, Suite 100, Melville, NY, USA, 11747
Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. The operating business segments are Customer Engagement. Geographically, it derives a majority of its revenue from the United States.
Executives
Grant A Highlander officer: Chief Financial Officer C/O VERINT SYSTEMS INC., 175 BROADHOLLOW ROAD, SUITE 100, MELVILLE NY 11747
William Kurtz director NOVELLUS SYSTEMS, INC., 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Elan Moriah officer: President, Contact Center Div.
Dan Bodner director, officer: President & CEO Verint Systems
Peter Fante officer: General Counsel
Richard N Nottenburg director 1303 EAST ALGONQUIN ROAD, SCHAUMBURG IL 60196
Yvette H Smith director 175 BROADHOLLOW ROAD, MELVILLE NY 11747
Douglas Robinson officer: Chief Financial Officer C/O VERINT SYSTEMS INC., 330 SOUTH SERVICE ROAD, MELVILLE NY 11747
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Kristen Robinson director 2101 WEBSTER STREET #1650, OAKLAND CA 94612
French R Reid Jr director C/O INTERGRAPH CORP, 288 DUNLOP BLVD, HUNTSVILLE AL 35824
Linda M. Crawford director 3365 CLAY STREET, SAN FRANCISCO CA 94118
Apax Guernsey (holdco) Pcc Ltd 10 percent owner THIRD FLOOR, ROYAL BANK PLACE, 1 GLATEGNY ESPLANADE, ST. PETER PORT, GUERNSEY X0 GY1 2HJ
Valor Buyer Lp 10 percent owner C/O APAX PARTNERS, LP, 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Apax X Gp Co. Ltd 10 percent owner THIRD FLOOR, ROYAL BANK PLACE, 1 GLATEGNY ESPLANADE, ST. PETER PORT Y7 GY1 2HJ