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Calix (CALX) Cyclically Adjusted PB Ratio : 4.93 (As of May. 15, 2024)


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What is Calix Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Calix's current share price is $31.40. Calix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.37. Calix's Cyclically Adjusted PB Ratio for today is 4.93.

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

CALX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 6.26   Max: 15.71
Current: 4.79

During the past years, Calix's highest Cyclically Adjusted PB Ratio was 15.71. The lowest was 1.23. And the median was 6.26.

CALX's Cyclically Adjusted PB Ratio is ranked worse than
72.73% of 1335 companies
in the Software industry
Industry Median: 2.6 vs CALX: 4.79

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.

Calix's adjusted book value per share data for the three months ended in Mar. 2024 was $11.334. 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 $6.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calix Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Calix'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.

Calix Cyclically Adjusted PB Ratio Chart

Calix 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 1.61 6.20 15.71 12.06 6.98

Calix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.14 8.28 7.41 6.98 5.21

Competitive Comparison of Calix's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Calix'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.


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

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

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



Calix 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.

Calix's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.40/6.37
=4.93

* 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.

Calix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Calix's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.334/129.4194*129.4194
=11.334

Current CPI (Mar. 2024) = 129.4194.

Calix Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.292 100.560 6.811
201409 5.253 100.428 6.769
201412 5.280 99.070 6.898
201503 5.104 99.621 6.631
201506 5.020 100.684 6.453
201509 5.013 100.392 6.462
201512 4.762 99.792 6.176
201603 4.495 100.470 5.790
201606 4.382 101.688 5.577
201609 4.479 101.861 5.691
201612 4.312 101.863 5.479
201703 3.671 102.862 4.619
201706 3.287 103.349 4.116
201709 2.985 104.136 3.710
201712 2.814 104.011 3.501
201803 2.669 105.290 3.281
201806 2.661 106.317 3.239
201809 2.712 106.507 3.295
201812 2.816 105.998 3.438
201903 2.693 107.251 3.250
201906 2.655 108.070 3.180
201909 2.634 108.329 3.147
201912 2.729 108.420 3.258
202003 2.665 108.902 3.167
202006 2.738 108.767 3.258
202009 4.007 109.815 4.722
202012 4.512 109.897 5.314
202103 5.007 111.754 5.798
202106 5.469 114.631 6.175
202109 8.404 115.734 9.398
202112 8.844 117.630 9.730
202203 9.159 121.301 9.772
202206 9.459 125.017 9.792
202209 9.898 125.227 10.229
202212 10.338 125.222 10.685
202303 10.836 127.348 11.012
202306 11.185 128.729 11.245
202309 11.387 129.860 11.348
202312 11.052 129.419 11.052
202403 11.334 129.419 11.334

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.


Calix  (NYSE:CALX) 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.


Calix Cyclically Adjusted PB Ratio Related Terms

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


Calix (CALX) Business Description

Industry
Traded in Other Exchanges
Address
2777 Orchard Parkway, San Jose, CA, USA, 95134
Calix Inc develops, market and sell Calix cloud, systems and software platforms to enable service providers of all types and sizes to innovate and transform. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. This is the Calix mission to enable communications, and service providers of all sizes to simplify, excite and grow. The Company's revenue is principally derived in the United States.
Executives
Eleanor Fields director C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Rajatish Mukherjee director C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
John Matthew Collins officer: EVP, Commercial Operations C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Eleniak Shane Todd Marshall officer: EVP, Products C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Kira Makagon director C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Michael Matthews director C/O CALIX, INC., 1035 N. MCDOWELL BLVD., PETALUMA CA 94954
Sindelar Cory officer: interim CFO & PFO C/O LEGATO SYSTEMS INC, 2350 W EL CAMINO REAL, MOUNTAIN VIEW CA 94040
Donald J Listwin director 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Christopher J Bowick director 1400 LAKE HEARN DR, ATLANTA GA 30319
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
J Daniel Plants director ONE EMBARCADERO CENTER, SUITE 1140, SAN FRANCISCO CA 94111
Sheila Cheung officer: VP, Finance & Accounting 100 HEADQUARTERS DR, SAN JOSE CA 95134
Kathleen M Crusco director C/O CALIX, INC., 1035 N. MCDOWELL BLVD, PETALUMA CA 94954
William J Atkins officer: Executive VP and CFO 591 SPRUCE STREET, SAN FRANCISCO CA 94118
Gregory A. Billings officer: SVP, Services 1035 N MCDOWELL BLVD, PETALUMA X1 94954

Calix (CALX) Headlines

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