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CommVault Systems (CommVault Systems) Cyclically Adjusted PB Ratio : 11.73 (As of Jun. 06, 2024)


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What is CommVault Systems Cyclically Adjusted PB Ratio?

As of today (2024-06-06), CommVault Systems's current share price is $115.67. CommVault Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.86. CommVault Systems's Cyclically Adjusted PB Ratio for today is 11.73.

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

CVLT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.66   Med: 7.91   Max: 31.74
Current: 11.47

During the past years, CommVault Systems's highest Cyclically Adjusted PB Ratio was 31.74. The lowest was 3.66. And the median was 7.91.

CVLT's Cyclically Adjusted PB Ratio is ranked worse than
90.12% of 1407 companies
in the Software industry
Industry Median: 2.57 vs CVLT: 11.47

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 for the three months ended in Mar. 2024 was $6.386. 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 $9.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CommVault Systems Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

CommVault Systems Cyclically Adjusted PB Ratio Chart

CommVault Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 7.01 6.59 5.52 10.29

CommVault Systems 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 5.52 7.11 6.69 8.11 10.29

Competitive Comparison of CommVault Systems's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=115.67/9.86
=11.73

* 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 quarter that ended in Mar. 2024 is calculated as:

For example, CommVault Systems'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)
=6.386/131.7762*131.7762
=6.386

Current CPI (Mar. 2024) = 131.7762.

CommVault Systems Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.628 100.560 11.306
201409 9.186 100.428 12.053
201412 8.599 99.070 11.438
201503 9.020 99.621 11.931
201506 9.345 100.684 12.231
201509 8.961 100.392 11.762
201512 9.373 99.792 12.377
201603 8.979 100.470 11.777
201606 9.289 101.688 12.037
201609 9.793 101.861 12.669
201612 9.682 101.863 12.525
201703 10.419 102.862 13.348
201706 10.914 103.349 13.916
201709 11.277 104.136 14.270
201712 8.844 104.011 11.205
201803 8.956 105.290 11.209
201806 8.704 106.317 10.788
201809 9.062 106.507 11.212
201812 8.625 105.998 10.723
201903 8.585 107.251 10.548
201906 7.982 108.070 9.733
201909 8.195 108.329 9.969
201912 8.982 108.420 10.917
202003 8.952 108.902 10.832
202006 9.374 108.767 11.357
202009 8.985 109.815 10.782
202012 8.841 109.897 10.601
202103 8.477 111.754 9.996
202106 7.696 114.631 8.847
202109 6.607 115.734 7.523
202112 5.673 117.630 6.355
202203 5.748 121.301 6.244
202206 6.033 125.017 6.359
202209 5.948 125.227 6.259
202212 5.809 125.222 6.113
202303 4.216 127.348 4.363
202306 3.912 128.729 4.005
202309 4.133 129.860 4.194
202312 3.991 129.419 4.064
202403 6.386 131.776 6.386

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.


CommVault Systems  (NAS:CVLT) 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

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


CommVault Systems (CommVault Systems) Business Description

Industry
Traded in Other Exchanges
Address
1 CommVault Way, Tinton Falls, NJ, USA, 07724
CommVault Systems Inc provides data and information management software applications and services. The firm sells software licenses and services to large global enterprises, small- and midsize businesses, and government agencies through both its salesforce and its network of reseller partners. Its software solutions include Commvault Complete Backup and Recovery, HyperScale, Hedvig, and Metallic. The company operates in the United States and exports to many other countries.
Executives
Allison Pickens director 471 29TH STREET, SAN FRANCISCO CA 94131
Gary Merrill officer: Chief Financial Officer 2 CRESCENT PLACE, OCEANPORT NJ 07757
Sanjay Mirchandani director, officer: President & CEO 188 MINNA STREET, #29C, SAN FRANCISCO CA 94105
Blasio Riccardo Di officer: Chief Revenue Officer 1226 COLUMBUS BLVD, CORAL GABLES FL 33134
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
James J. Whalen officer: Chief Accounting Officer 26 SAGAMORE AVENUE, OCEANPORT NJ 07757
Nicola Adamo director 10 MAACKA DRIVE, HOLMDEL NJ 07733
David F Walker director 14388 EAGLE POINTE DR, CLEARWATER FL 337622214
A Shane Sanders director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
Charles E Moran director 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Arlen Shenkman director C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Richard Todd Bradley director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Keith Geeslin director C/O FRANCISCO PARTNERS, ONE LETTERMAN DRIVE, BLDG. C, STE. 410, SAN FRANCISCO CA 94129
Brian Carolan officer: Chief Accounting Officer COMMVAULT SYSTEMS INC, 2 CRESCENT PL, OCEANPORT NJ 07757-0900