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Gen Digital (WBO:SYMC) Cyclically Adjusted Book per Share : €5.87 (As of Dec. 2023)


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What is Gen Digital 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.

Gen Digital's adjusted book value per share for the three months ended in Dec. 2023 was €3.481. 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 €5.87 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Gen Digital's average Cyclically Adjusted Book Growth Rate was -6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.20% 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 Gen Digital was 43.90% per year. The lowest was -7.20% per year. And the median was 8.20% per year.

As of today (2024-04-28), Gen Digital's current stock price is €20.20. Gen Digital's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €5.87. Gen Digital's Cyclically Adjusted PB Ratio of today is 3.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gen Digital was 4.18. The lowest was 1.75. And the median was 2.76.


Gen Digital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gen Digital'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.

Gen Digital Cyclically Adjusted Book per Share Chart

Gen Digital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.96 7.70 6.45 6.71 6.26

Gen Digital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.40 6.26 6.19 6.38 5.87

Competitive Comparison of Gen Digital's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Gen Digital'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.


Gen Digital's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Gen Digital 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, Gen Digital's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.481/129.4194*129.4194
=3.481

Current CPI (Dec. 2023) = 129.4194.

Gen Digital Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.031 99.695 7.829
201406 6.203 100.560 7.983
201409 6.631 100.428 8.545
201412 7.024 99.070 9.176
201503 8.017 99.621 10.415
201506 7.678 100.684 9.869
201509 7.720 100.392 9.952
201512 7.537 99.792 9.775
201603 5.394 100.470 6.948
201606 5.445 101.688 6.930
201609 5.520 101.861 7.013
201612 6.052 101.863 7.689
201703 5.362 102.862 6.746
201706 4.937 103.349 6.182
201709 4.786 104.136 5.948
201712 6.743 104.011 8.390
201803 6.528 105.290 8.024
201806 8.028 106.317 9.772
201809 8.068 106.507 9.804
201812 8.124 105.998 9.919
201903 8.061 107.251 9.727
201906 7.524 108.070 9.010
201909 8.908 108.329 10.642
201912 12.719 108.420 15.182
202003 0.015 108.902 0.018
202006 -0.756 108.767 -0.900
202009 -0.683 109.815 -0.805
202012 -0.689 109.897 -0.811
202103 -0.724 111.754 -0.838
202106 -0.710 114.631 -0.802
202109 -0.339 115.734 -0.379
202112 -0.149 117.630 -0.164
202203 -0.145 121.301 -0.155
202206 -0.495 125.017 -0.512
202209 2.595 125.227 2.682
202212 1.935 125.222 2.000
202303 3.211 127.348 3.263
202306 3.376 128.729 3.394
202309 3.529 129.860 3.517
202312 3.481 129.419 3.481

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


Gen Digital  (WBO:SYMC) 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.

Gen Digital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.20/5.87
=3.44

* 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 Gen Digital was 4.18. The lowest was 1.75. And the median was 2.76.


Be Aware

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


Gen Digital Cyclically Adjusted Book per Share Related Terms

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


Gen Digital (WBO:SYMC) Business Description

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Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.

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