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Verint Systems (STU:VTY) Cyclically Adjusted PB Ratio : 1.78 (As of Jun. 09, 2024)


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What is Verint Systems Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Verint Systems's current share price is €32.80. Verint Systems's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €18.41. Verint Systems's Cyclically Adjusted PB Ratio for today is 1.78.

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

STU:VTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.48   Max: 5.01
Current: 1.87

During the past years, Verint Systems's highest Cyclically Adjusted PB Ratio was 5.01. The lowest was 0.95. And the median was 2.48.

STU:VTY's Cyclically Adjusted PB Ratio is ranked better than
60.77% of 1420 companies
in the Software industry
Industry Median: 2.54 vs STU:VTY: 1.87

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.

Verint Systems's adjusted book value per share data for the three months ended in Apr. 2024 was €12.289. 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 €18.41 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verint Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Verint 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.

Verint Systems Cyclically Adjusted PB Ratio Chart

Verint Systems Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.54 2.98 2.00 1.52

Verint Systems Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.89 1.93 0.97 1.52 1.54

Competitive Comparison of Verint Systems's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Verint 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.


Verint Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Verint 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.

Verint Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.80/18.41
=1.78

* 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.

Verint Systems's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=12.289/131.7762*131.7762
=12.289

Current CPI (Apr. 2024) = 131.7762.

Verint Systems Quarterly Data

Book Value per Share CPI Adj_Book
201407 12.451 100.520 16.323
201410 13.138 100.176 17.282
201501 14.106 98.604 18.852
201504 15.373 99.824 20.294
201507 15.354 100.691 20.094
201510 15.226 100.346 19.995
201601 15.681 99.957 20.673
201604 14.966 100.947 19.537
201607 14.708 101.524 19.091
201610 14.272 101.988 18.441
201701 15.159 102.456 19.497
201704 15.061 103.167 19.238
201707 14.199 103.278 18.117
201710 14.148 104.070 17.915
201801 14.394 104.578 18.138
201804 14.657 105.708 18.272
201807 15.523 106.324 19.239
201810 15.989 106.695 19.748
201901 16.750 106.200 20.784
201904 17.062 107.818 20.853
201907 17.010 108.250 20.707
201910 17.841 108.577 21.653
202001 17.110 108.841 20.716
202004 16.801 108.173 20.467
202007 16.216 109.318 19.547
202010 16.197 109.861 19.428
202101 15.881 110.364 18.962
202104 11.924 112.673 13.946
202107 12.184 115.183 13.939
202110 12.625 116.696 14.257
202201 12.713 118.619 14.123
202204 11.923 121.978 12.881
202207 12.603 125.002 13.286
202210 12.848 125.734 13.465
202301 12.143 126.223 12.677
202304 11.646 127.992 11.990
202307 11.585 128.974 11.837
202310 11.977 129.810 12.158
202401 12.146 130.124 12.300
202404 12.289 131.776 12.289

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.


Verint Systems  (STU:VTY) 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.


Verint Systems Cyclically Adjusted PB Ratio Related Terms

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


Verint Systems (STU:VTY) Business Description

Industry
Traded in Other Exchanges
Address
175 Broadhollow Road, Suite 100, Melville, NY, USA, 11747
Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. The operating business segments are Customer Engagement. Geographically, it derives a majority of its revenue from the United States.

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