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Alarm.com Holdings (Alarm.com Holdings) Cyclically Adjusted PB Ratio : 8.11 (As of Apr. 27, 2024)


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What is Alarm.com Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Alarm.com Holdings's current share price is $65.97. Alarm.com Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8.13. Alarm.com Holdings's Cyclically Adjusted PB Ratio for today is 8.11.

The historical rank and industry rank for Alarm.com Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

ALRM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.84   Med: 7.83   Max: 9.29
Current: 8.03

During the past years, Alarm.com Holdings's highest Cyclically Adjusted PB Ratio was 9.29. The lowest was 6.84. And the median was 7.83.

ALRM's Cyclically Adjusted PB Ratio is ranked worse than
85.64% of 1288 companies
in the Software industry
Industry Median: 2.495 vs ALRM: 8.03

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.

Alarm.com Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $13.807. 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 $8.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alarm.com Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alarm.com Holdings'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.

Alarm.com Holdings Cyclically Adjusted PB Ratio Chart

Alarm.com Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 7.95

Alarm.com Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 6.96 7.99 7.95

Competitive Comparison of Alarm.com Holdings's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Alarm.com Holdings'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.


Alarm.com Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Alarm.com Holdings 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.

Alarm.com Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.97/8.13
=8.11

* 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.

Alarm.com Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alarm.com Holdings'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)
=13.807/129.4194*129.4194
=13.807

Current CPI (Dec. 2023) = 129.4194.

Alarm.com Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -2.717 99.070 -3.549
201503 1.432 99.621 1.860
201506 -2.995 100.684 -3.850
201509 3.649 100.392 4.704
201512 3.735 99.792 4.844
201603 3.827 100.470 4.930
201606 3.892 101.688 4.953
201609 4.015 101.861 5.101
201612 4.145 101.863 5.266
201703 4.287 102.862 5.394
201706 4.526 103.349 5.668
201709 4.878 104.136 6.062
201712 4.933 104.011 6.138
201803 5.292 105.290 6.505
201806 5.582 106.317 6.795
201809 5.515 106.507 6.701
201812 5.771 105.998 7.046
201903 6.062 107.251 7.315
201906 6.444 108.070 7.717
201909 6.921 108.329 8.268
201912 7.303 108.420 8.717
202003 7.526 108.902 8.944
202006 8.038 108.767 9.564
202009 8.933 109.815 10.528
202012 9.453 109.897 11.132
202103 11.046 111.754 12.792
202106 11.493 114.631 12.976
202109 11.937 115.734 13.349
202112 12.200 117.630 13.423
202203 11.262 121.301 12.016
202206 11.290 125.017 11.688
202209 11.909 125.227 12.308
202212 12.110 125.222 12.516
202303 12.577 127.348 12.782
202306 12.921 128.729 12.990
202309 13.377 129.860 13.332
202312 13.807 129.419 13.807

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.


Alarm.com Holdings  (NAS:ALRM) 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.


Alarm.com Holdings Cyclically Adjusted PB Ratio Related Terms

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


Alarm.com Holdings (Alarm.com Holdings) Business Description

Traded in Other Exchanges
Address
8281 Greensboro Drive, Suite 100, Tysons, VA, USA, 22102
Alarm.com Holdings Inc has two reportable segments: Alarm.com & Other. The Alarm.com segment represents the cloud-based Software platforms for intelligently connected property & related solutions. The other segment is focused on researching, developing & offering residential & commercial automation solutions & energy management products & services in adjacent markets. The majority of revenue is from the Alarm.com segment. The platform allows home & business owners to secure their properties and automate & control an array of connected devices. SaaS & license fees from service providers, who resell these services & pay Alarm.com a monthly subscription, are the sources of revenue for the firm. A majority of revenue is generated in the United States & Canada.
Executives
Steve Valenzuela officer: Chief Financial Officer 1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Daniel Ramos officer: Sr. VP-Corporate Development C/O ALARM.COM, INC., 8150 LEESBURG PIKE, VIENNA VA 22182
Timothy P Mcadam director 250 MIDDLEFIELD RD, MENLO PARK CA 94025
Simone Wu director 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Jeffrey A Bedell officer: Chief Strategy & Innovation C/O MICROSTRATEGY INC, 1850 TOWERS CRESCENT PLAZA, VIENNA VA 22182
Stephen Trundle director, officer: President and CEO C/O ALARM.COM HOLDINGS, INC., 8150 LEESBURG PIKE, VIENNA VA 22182
Daniel Kerzner officer: Chief Product Officer C/O ALARM.COM HOLDINGS, INC., 8150 LEESBURG PIKE, VIENNA VA 22182
Timothy J. Whall director C/O ADT, LLC, 1501 YAMATO ROAD, BOCA RATON FL 33431
Donald E Clarke director C/O VISUAL NETWORKS INC, 2092 GAITHER ROAD, ROCKVILLE MD 20850
Stephen C. Evans director C/O ALARM.COM HOLDINGS, INC., 8281 GREENSBORO DRIVE, SUITE 100, TYSONS VA 22102
Hugh Panero director
Shattuck Mayo A Iii director C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
Tcv Vii Management, L.l.c. 10 percent owner, other: May be part of a13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Technology Crossover Management Vii, L.p. 10 percent owner, other: May be part of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Christopher P Marshall 10 percent owner, other: May be part of a 13(g) group 250 MIDDLEFIELD RD, MENLO PARK CA 94025