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Akamai Technologies (FRA:AK3) Cyclically Adjusted PB Ratio : 3.62 (As of May. 20, 2024)


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What is Akamai Technologies Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Akamai Technologies's current share price is €88.74. Akamai Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.50. Akamai Technologies's Cyclically Adjusted PB Ratio for today is 3.62.

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

FRA:AK3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.02   Med: 5.01   Max: 7.21
Current: 3.61

During the past years, Akamai Technologies's highest Cyclically Adjusted PB Ratio was 7.21. The lowest was 3.02. And the median was 5.01.

FRA:AK3's Cyclically Adjusted PB Ratio is ranked worse than
61.57% of 1348 companies
in the Software industry
Industry Median: 2.605 vs FRA:AK3: 3.61

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.

Akamai Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was €27.971. 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 €24.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akamai Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Akamai Technologies'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.

Akamai Technologies Cyclically Adjusted PB Ratio Chart

Akamai Technologies 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 4.99 5.62 5.48 3.54 4.61

Akamai Technologies 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 3.20 3.60 4.18 4.61 4.12

Competitive Comparison of Akamai Technologies's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Akamai Technologies'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.


Akamai Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Akamai Technologies 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.

Akamai Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.74/24.5
=3.62

* 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.

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

For example, Akamai Technologies'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)
=27.971/131.7762*131.7762
=27.971

Current CPI (Mar. 2024) = 131.7762.

Akamai Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.447 100.560 15.000
201409 12.404 100.428 16.276
201412 13.397 99.070 17.820
201503 15.419 99.621 20.396
201506 15.176 100.684 19.863
201509 15.425 100.392 20.247
201512 16.167 99.792 21.349
201603 15.882 100.470 20.831
201606 16.012 101.688 20.750
201609 16.258 101.861 21.033
201612 17.638 101.863 22.818
201703 17.592 102.862 22.537
201706 17.007 103.349 21.685
201709 16.177 104.136 20.471
201712 16.724 104.011 21.188
201803 16.075 105.290 20.119
201806 17.419 106.317 21.590
201809 16.501 106.507 20.416
201812 17.223 105.998 21.412
201903 17.771 107.251 21.835
201906 18.391 108.070 22.425
201909 19.668 108.329 23.925
201912 20.322 108.420 24.700
202003 20.492 108.902 24.796
202006 21.318 108.767 25.828
202009 21.421 109.815 25.705
202012 21.477 109.897 25.753
202103 22.236 111.754 26.220
202106 22.793 114.631 26.202
202109 23.981 115.734 27.305
202112 24.977 117.630 27.981
202203 24.324 121.301 26.425
202206 25.392 125.017 26.765
202209 27.081 125.227 28.497
202212 26.301 125.222 27.678
202303 25.507 127.348 26.394
202306 26.081 128.729 26.698
202309 26.841 129.860 27.237
202312 27.875 129.419 28.383
202403 27.971 131.776 27.971

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.


Akamai Technologies  (FRA:AK3) 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.


Akamai Technologies Cyclically Adjusted PB Ratio Related Terms

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


Akamai Technologies (FRA:AK3) Business Description

Traded in Other Exchanges
Address
145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.

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