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Splunk (Splunk) Cyclically Adjusted Book per Share : $7.10 (As of Jan. 2024)


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What is Splunk Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Splunk's adjusted book value per share for the three months ended in Jan. 2024 was $4.394. 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 $7.10 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Splunk's average Cyclically Adjusted Book Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Splunk was 1.50% per year. The lowest was 1.50% per year. And the median was 1.50% per year.

As of today (2024-05-15), Splunk's current stock price is $156.90. Splunk's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $7.10. Splunk's Cyclically Adjusted PB Ratio of today is 22.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Splunk was 35.70. The lowest was 9.44. And the median was 18.94.


Splunk Cyclically Adjusted Book per Share Historical Data

The historical data trend for Splunk's Cyclically Adjusted Book per Share 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.

Splunk Cyclically Adjusted Book per Share Chart

Splunk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 6.79 7.40 7.26 7.10

Splunk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 7.26 7.26 7.23 7.23 7.10

Competitive Comparison of Splunk's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Splunk'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.


Splunk's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Splunk Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Splunk'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)
=4.394/129.4194*129.4194
=4.394

Current CPI (Jan. 2024) = 129.4194.

Splunk Quarterly Data

Book Value per Share CPI Adj_Book
201404 6.627 100.023 8.575
201407 6.637 100.520 8.545
201410 6.598 100.176 8.524
201501 6.584 98.604 8.642
201504 6.495 99.824 8.421
201507 6.526 100.691 8.388
201510 6.488 100.346 8.368
201601 6.533 99.957 8.459
201604 6.279 100.947 8.050
201607 6.167 101.524 7.862
201610 6.005 101.988 7.620
201701 5.870 102.456 7.415
201704 5.521 103.167 6.926
201707 5.490 103.278 6.880
201710 5.474 104.070 6.807
201801 7.920 104.578 9.801
201804 7.715 105.708 9.446
201807 7.822 106.324 9.521
201810 9.621 106.695 11.670
201901 10.193 106.200 12.422
201904 9.496 107.818 11.398
201907 9.474 108.250 11.327
201910 11.713 108.577 13.961
202001 12.672 108.841 15.068
202004 11.395 108.173 13.633
202007 10.409 109.318 12.323
202010 9.952 109.861 11.724
202101 9.770 110.364 11.457
202104 7.603 112.673 8.733
202107 7.015 115.183 7.882
202110 1.119 116.696 1.241
202201 1.392 118.619 1.519
202204 -4.113 121.978 -4.364
202207 -4.204 125.002 -4.353
202210 -3.485 125.734 -3.587
202301 -0.670 126.223 -0.687
202304 -0.942 127.992 -0.953
202307 -0.233 128.974 -0.234
202310 1.180 129.810 1.176
202401 4.394 129.419 4.394

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Splunk  (NAS:SPLK) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Splunk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=156.90/7.1
=22.10

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Splunk was 35.70. The lowest was 9.44. And the median was 18.94.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Splunk Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Splunk's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Splunk (Splunk) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Splunk Inc (NAS:SPLK) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
270 Brannan Street, San Francisco, CA, USA, 94107
Splunk is a cloud-first software company that focuses on analyzing machine data. The company is a major player in two markets: security, and full-stack monitoring and analysis. The San Francisco-based firm focuses on enterprise clients, with more than 90% of the Fortune 100 using its solutions. The firm's top line consists of the sale of software licenses, cloud subscriptions, and maintenance and support.
Executives
Scott Morgan officer: General Counsel and Secretary C/O SPLUNK INC.,270 BRANNAN STREET, SAN JOSE CA 94107
Christian Smith officer: SVP, Chief Revenue Officer C/O SPLUNK INC., 270 BRANNAN ST CA 94107
Gary Steele director, officer: President and CEO C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Elisa Steele director 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404
Yamini Rangan director 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Brian Kayman officer: Chief Accounting Officer 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Tom Casey officer: SVP, GM Platform C/O SPLUNK INC., 270 BRANNAN ST CA 94107
Brian Keith Roberts officer: SVP & Chief Financial Officer C/O LYFT, INC., 185 BERRY STREET, SUITE 5000, SAN FRANCISCO CA 94107
Richard P Wallace director KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134
David R Tunnell director C/O HELLMAN & FRIEDMAN, 415 MISSION STREET SUITE 5700, SAN FRANCISCO CA 94105
Jason Child officer: SVP & Chief Financial Officer C/O SPLUNK INC., 270 BRANNAN ST., SAN FRANCISCO CA 94107
Shawn Bice officer: President of PROD & TECH C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Timothy Emanuelson officer: Chief Accounting Officer C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Luis Felipe Visoso director C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107