CommVault Systems (XTER:D6I) Cyclically Adjusted PB Ratio: 34.74 (As of Aug. 24, 2026) — 339% Above Median

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XTER:D6I CommVault Systems Inc XTER:D6I
64 GF Score
Price €113.25
GF Value €139.34
Valuation Modestly Undervalued
! 4 Warning Signs
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What is CommVault Systems Cyclically Adjusted PB Ratio?

CommVault Systems XTER:D6I -0.70% 64 Cyclically Adjusted PB Ratio is 34.74 as of Aug. 24, 2026, which is 339% above its 10-year median of 7.91. GuruFocus rates XTER:D6I with a GF Score™ of 64/100 and a GF Value™ of €139.34 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,515 Software companies, CommVault Systems ranks worse than 94.85% on this metric.

As of today (2026-08-24), CommVault Systems's current share price is €113.25. CommVault Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was €3.26. CommVault Systems's Cyclically Adjusted PB Ratio for today is 34.74.

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

XTER:D6I' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.66   Med: 7.91   Max: 20.4
Current: 15.06

During the past 13 years, CommVault Systems's highest Cyclically Adjusted PB Ratio was 20.40. The lowest was 3.66. And the median was 7.91.

XTER:D6I's Cyclically Adjusted PB Ratio is ranked worse than
94.85% of 1515 companies
in the Software industry
Industry Median: 2.31 vs XTER:D6I: 15.06

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.

CommVault Systems's adjusted book value per share data of for the fiscal year that ended in Mar26 was €0.182. 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 €3.26 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


CommVault Systems  (XTER:D6I) 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.


CommVault Systems Cyclically Adjusted PB Ratio Related Terms


CommVault Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CommVault 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.

CommVault Systems Cyclically Adjusted PB Ratio Chart

CommVault Systems 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 6.59 5.52 10.29 16.48 8.59

CommVault Systems Semi-Annual 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 18.27 20.04 13.62 8.59 15.96

XTER:D6I vs : Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, CommVault 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.


CommVault Systems Cyclically Adjusted PB Ratio vs Software Industry

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

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


XTER:D6I
64GF Score
CommVault Systems Inc XTER:D6I
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CommVault 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=113.25/3.26
=34.74

* 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.

CommVault Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, CommVault Systems's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=0.182/330.2130*330.2130
=0.182

Current CPI (Mar26) = 330.2130.

CommVault Systems Annual Data

Book Value per Share CPI Adj_Book
201703 10.419 243.801 14.112
201803 8.956 249.554 11.851
201903 8.585 254.202 11.152
202003 8.952 258.115 11.453
202103 8.477 264.877 10.568
202203 5.748 287.504 6.602
202303 4.216 301.836 4.612
202403 6.386 312.332 6.752
202503 7.372 319.799 7.612
202603 0.182 330.213 0.182

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 34.74 mean?
CommVault Systems (XTER:D6I) has a Cyclically Adjusted PB Ratio of 34.74 as of Aug. 24, 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 CommVault Systems and its competitors. This is 339% above median its historical median of 7.91. Over the past decade, CommVault Systems' Cyclically Adjusted PB Ratio has ranged from 3.66 to 20.40. According to the industry distribution chart, CommVault Systems ranks #1437 out of 1515 companies in the Software industry, placing it in the top 94.9%.
Is CommVault Systems' Cyclically Adjusted PB Ratio too high?
CommVault Systems' current Cyclically Adjusted PB Ratio of 34.74 is 339% above median its 10-year median of 7.91. Over the past 10 years, this metric has ranged from a low of 3.66 to a high of 20.40. The Software industry median Cyclically Adjusted PB Ratio is 2.31. CommVault Systems' value of 34.74 is 1403.9% above this industry median. Based on the distribution chart, CommVault Systems ranks #1437 out of 1515 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CommVault Systems has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CommVault Systems' Cyclically Adjusted PB Ratio compare to ?
According to the Software industry distribution chart, CommVault Systems ranks #1437 out of 1515 companies for Cyclically Adjusted PB Ratio. This places CommVault Systems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. CommVault Systems' value of 34.74 is 1403.9% above this benchmark. Historically, CommVault Systems' own Cyclically Adjusted PB Ratio has ranged from 3.66 to 20.40 over the past decade. While the company's 10-year median is 7.91 vs. the industry median of 2.31, CommVault Systems 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 2.31, based on 1,515 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. CommVault Systems's current Cyclically Adjusted PB Ratio of 34.74 is 1403.9% 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 CommVault Systems and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CommVault Systems's current Cyclically Adjusted PB Ratio is 34.74, which is 339% above median its own 10-year median of 7.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CommVault Systems stock overvalued right now?
Based on GuruFocus' analysis, CommVault Systems (XTER:D6I) is currently considered Modestly Undervalued. The stock's GF Value™ is €139.34, compared to a current price of €113.25 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 34.74, which is 339% above median its 10-year median of 7.91 and 1403.9% above the Software industry median of 2.31. CommVault Systems' overall GF Score™ is 64/100 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 CommVault Systems (XTER:D6I), the current Cyclically Adjusted PB Ratio is 34.74 as of Aug. 24, 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 CommVault Systems (XTER:D6I) Overvalued in 2026?

Based on GuruFocus' analysis, CommVault Systems stock appears to be undervalued. The current stock price of €113.25 is trading 18.7% below its estimated GF Value™ of €139.34. GuruFocus considers CommVault Systems to be Modestly Undervalued.

Key valuation signals for XTER:D6I:

  • Cyclically Adjusted PB Ratio: 34.74 (339% above median its 10-year median of 7.91)
  • GF Value™: €139.34 vs. price of €113.25 (18.7% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 1403.9% above the Software median (#1437 of 1515)

No single metric tells the full story. See the XTER:D6I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CommVault Systems Business Description

Comparable Companies
Other Exchanges CVLT:USA
Address 1 Commvault Way, Tinton Falls, NJ, USA, 07724
CommVault Systems Inc provides cyber resiliency solutions designed to help the enterprise protect, secure, and recover its data, applications, and identity systems in a world of increasing cyber threats and attacks. Its offerings provide cyber resilience, including data protection, cyber recovery, data security, and governance, aiming to enable customers to continue business. The company delivers its solutions through Commvault Cloud, a cloud native platform that unifies data security, cyber recovery and identity resilience across on-premises, hybrid, multi-cloud, and software-as-a-service environments. It sells its offerings through subscription-based arrangements, including SaaS and term-based subscriptions, and also offers perpetual licenses, customer support, and professional services.
64GF Score

Get the complete analysis for XTER:D6I

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

€113.25
Price
€139.34
GF Value