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Seagate Technology Holdings (HAM:847) Cyclically Adjusted PB Ratio : 20.73 (As of May. 17, 2024)


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What is Seagate Technology Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Seagate Technology Holdings's current share price is €90.59. Seagate Technology Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.37. Seagate Technology Holdings's Cyclically Adjusted PB Ratio for today is 20.73.

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

HAM:847' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.49   Med: 7.5   Max: 21.26
Current: 21.09

During the past years, Seagate Technology Holdings's highest Cyclically Adjusted PB Ratio was 21.26. The lowest was 2.49. And the median was 7.50.

HAM:847's Cyclically Adjusted PB Ratio is ranked worse than
99.09% of 1865 companies
in the Hardware industry
Industry Median: 1.65 vs HAM:847: 21.09

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.

Seagate Technology Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was €-8.276. 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 €4.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seagate Technology Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Seagate Technology 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.

Seagate Technology Holdings Cyclically Adjusted PB Ratio Chart

Seagate Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.69 6.74 12.45 10.15 10.28

Seagate Technology Holdings 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 10.43 10.28 11.86 16.69 19.98

Competitive Comparison of Seagate Technology Holdings's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Seagate Technology 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.


Seagate Technology Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Seagate Technology 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.

Seagate Technology Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=90.59/4.37
=20.73

* 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.

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

For example, Seagate Technology Holdings'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)
=-8.276/120.9901*120.9901
=-8.276

Current CPI (Mar. 2024) = 120.9901.

Seagate Technology Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.383 100.773 7.664
201409 6.987 100.474 8.414
201412 9.158 99.576 11.127
201503 9.270 99.975 11.219
201506 8.525 100.573 10.256
201509 5.728 100.274 6.911
201512 5.643 99.676 6.850
201603 5.064 99.676 6.147
201606 4.749 101.072 5.685
201609 4.547 100.274 5.486
201612 4.902 99.676 5.950
201703 5.069 100.374 6.110
201706 4.160 100.673 5.000
201709 3.602 100.474 4.338
201712 3.150 100.075 3.808
201803 3.854 100.573 4.636
201806 4.963 101.072 5.941
201809 5.529 101.371 6.599
201812 6.004 100.773 7.209
201903 5.399 101.670 6.425
201906 7.110 102.168 8.420
201909 6.120 102.268 7.240
201912 6.312 102.068 7.482
202003 6.302 102.367 7.448
202006 6.181 101.769 7.348
202009 6.002 101.072 7.185
202012 3.394 101.072 4.063
202103 1.771 102.367 2.093
202106 2.303 103.364 2.696
202109 2.275 104.859 2.625
202112 2.121 106.653 2.406
202203 1.770 109.245 1.960
202206 0.491 112.779 0.527
202209 -1.717 113.504 -1.830
202212 -2.149 115.436 -2.252
202303 -4.529 117.609 -4.659
202306 -5.336 119.662 -5.395
202309 -7.630 120.749 -7.645
202312 -7.921 120.749 -7.937
202403 -8.276 120.990 -8.276

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.


Seagate Technology Holdings  (HAM:847) 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.


Seagate Technology Holdings Cyclically Adjusted PB Ratio Related Terms

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


Seagate Technology Holdings (HAM:847) Business Description

Address
38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Seagate Technology Holdings (HAM:847) Headlines

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