Akamai Technologies (WBO:AKAM) Cyclically Adjusted PB Ratio: 4.19 (As of Aug. 06, 2026) — Near Median

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WBO:AKAM Akamai Technologies Inc WBO:AKAM
78 GF Score
Price €106.16
GF Value €97.69
Valuation Fairly Valued
! 5 Warning Signs
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What is Akamai Technologies Cyclically Adjusted PB Ratio?

Akamai Technologies WBO:AKAM -0.43% 78 Cyclically Adjusted PB Ratio is 4.19 as of Aug. 06, 2026, which is 4% below its 10-year median of 4.35. GuruFocus rates WBO:AKAM with a GF Score™ of 78/100 and a GF Value™ of €97.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,565 Software companies, Akamai Technologies ranks worse than 70.42% on this metric.

As of today (2026-08-06), Akamai Technologies's current share price is €106.16. Akamai Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €25.36. Akamai Technologies's Cyclically Adjusted PB Ratio for today is 4.19.

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

WBO:AKAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.48   Med: 4.35   Max: 6.46
Current: 4.09

During the past years, Akamai Technologies's highest Cyclically Adjusted PB Ratio was 6.46. The lowest was 2.48. And the median was 4.35.

WBO:AKAM's Cyclically Adjusted PB Ratio is ranked worse than
70.42% of 1565 companies
in the Software industry
Industry Median: 2.24 vs WBO:AKAM: 4.09

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.

Akamai Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was €29.173. 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 €25.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akamai Technologies  (WBO:AKAM) 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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.87 2.80 2.62 3.00 3.84

WBO:AKAM 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.


WBO:AKAM
78GF Score
Akamai Technologies Inc WBO:AKAM
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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.16/25.36
=4.19

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=29.173/330.2130*330.2130
=29.173

Current CPI (Mar. 2026) = 330.2130.

Akamai Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.012 241.018 21.938
201609 16.258 241.428 22.237
201612 17.638 241.432 24.124
201703 17.592 243.801 23.827
201706 17.007 244.955 22.926
201709 16.177 246.819 21.643
201712 16.724 246.524 22.401
201803 16.075 249.554 21.271
201806 17.419 251.989 22.826
201809 16.501 252.439 21.585
201812 17.223 251.233 22.637
201903 17.771 254.202 23.085
201906 18.391 256.143 23.709
201909 19.668 256.759 25.295
201912 20.322 256.974 26.114
202003 20.492 258.115 26.216
202006 21.318 257.797 27.306
202009 21.421 260.280 27.176
202012 21.477 260.474 27.227
202103 22.236 264.877 27.721
202106 22.793 271.696 27.702
202109 23.981 274.310 28.868
202112 24.977 278.802 29.583
202203 24.324 287.504 27.937
202206 25.392 296.311 28.297
202209 27.081 296.808 30.129
202212 26.301 296.797 29.262
202303 25.507 301.836 27.905
202306 26.081 305.109 28.227
202309 26.841 307.789 28.797
202312 27.875 306.746 30.008
202403 27.971 312.332 29.572
202406 29.076 314.175 30.560
202409 28.677 315.301 30.033
202412 31.054 315.605 32.491
202503 29.029 319.799 29.974
202506 27.048 322.561 27.690
202509 28.043 324.800 28.510
202512 29.374 324.054 29.932
202603 29.173 330.213 29.173

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 4.19 mean?
Akamai Technologies (WBO:AKAM) has a Cyclically Adjusted PB Ratio of 4.19 as of Aug. 06, 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 Akamai Technologies and its competitors. This is near median its historical median of 4.35. Over the past decade, Akamai Technologies' Cyclically Adjusted PB Ratio has ranged from 2.48 to 6.46. According to the industry distribution chart, Akamai Technologies ranks #1102 out of 1565 companies in the Software industry, placing it in the top 70.4%.
Is Akamai Technologies' Cyclically Adjusted PB Ratio too high?
Akamai Technologies' current Cyclically Adjusted PB Ratio of 4.19 is near median its 10-year median of 4.35. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 6.46. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Akamai Technologies' value of 4.19 is 87.1% above this industry median. Based on the distribution chart, Akamai Technologies ranks #1102 out of 1565 companies in the Software industry, which is below the industry midpoint. Overall, Akamai Technologies has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akamai Technologies' Cyclically Adjusted PB Ratio compare to TOST and GEN?
According to the Software industry distribution chart, Akamai Technologies ranks #1102 out of 1565 companies for Cyclically Adjusted PB Ratio. This places Akamai Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Akamai Technologies' value of 4.19 is 87.1% above this benchmark. Historically, Akamai Technologies' own Cyclically Adjusted PB Ratio has ranged from 2.48 to 6.46 over the past decade. While the company's 10-year median is 4.35 vs. the industry median of 2.24, Akamai Technologies 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 2.24, based on 1,565 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. Akamai Technologies's current Cyclically Adjusted PB Ratio of 4.19 is 87.1% 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 Akamai Technologies and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akamai Technologies's current Cyclically Adjusted PB Ratio is 4.19, which is near median its own 10-year median of 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akamai Technologies stock overvalued right now?
Based on GuruFocus' analysis, Akamai Technologies (WBO:AKAM) is currently considered Fairly Valued. The stock's GF Value™ is €97.69, compared to a current price of €106.16 — trading 8.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.19, which is near median its 10-year median of 4.35 and 87.1% above the Software industry median of 2.24. Akamai Technologies' overall GF Score™ is 78/100 with 5 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 Akamai Technologies (WBO:AKAM), the current Cyclically Adjusted PB Ratio is 4.19 as of Aug. 06, 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 Akamai Technologies (WBO:AKAM) Overvalued in 2026?

Based on GuruFocus' analysis, Akamai Technologies stock appears to be overvalued. The current stock price of €106.16 is trading 8.7% above its estimated GF Value™ of €97.69. GuruFocus considers Akamai Technologies to be Fairly Valued.

Key valuation signals for WBO:AKAM:

  • Cyclically Adjusted PB Ratio: 4.19 (near median its 10-year median of 4.35)
  • GF Value™: €97.69 vs. price of €106.16 (8.7% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 87.1% above the Software median (#1102 of 1565)

No single metric tells the full story. See the WBO:AKAM 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.
78GF Score

Get the complete analysis for WBO:AKAM

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

€106.16
Price
€97.69
GF Value