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Cisco Systems (XAMS:CIS) Cyclically Adjusted PB Ratio : (As of May. 29, 2024)


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What is Cisco Systems Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cisco Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cisco 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.

Cisco Systems Cyclically Adjusted PB Ratio Chart

Cisco Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.97 4.19 4.70 3.61 4.12

Cisco 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 3.74 4.12 4.12 3.98 3.70

Competitive Comparison of Cisco Systems's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Cisco 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.


Cisco Systems's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Cisco 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.

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

For example, Cisco 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)
=9.244/131.7762*131.7762
=9.244

Current CPI (Apr. 2024) = 131.7762.

Cisco Systems Quarterly Data

Book Value per Share CPI Adj_Book
201407 11.093 100.520 14.542
201410 11.100 100.176 14.602
201501 11.302 98.604 15.104
201504 11.550 99.824 15.247
201507 11.740 100.691 15.364
201510 11.802 100.346 15.499
201601 12.049 99.957 15.884
201604 12.387 100.947 16.170
201607 12.644 101.524 16.412
201610 12.621 101.988 16.307
201701 12.744 102.456 16.391
201704 13.082 103.167 16.710
201707 13.273 103.278 16.936
201710 13.240 104.070 16.765
201801 10.499 104.578 13.230
201804 9.425 105.708 11.749
201807 8.726 106.324 10.815
201810 8.856 106.695 10.938
201901 8.239 106.200 10.223
201904 7.434 107.818 9.086
201907 6.781 108.250 8.255
201910 6.953 108.577 8.439
202001 7.177 108.841 8.689
202004 7.212 108.173 8.786
202007 7.659 109.318 9.233
202010 7.707 109.861 9.244
202101 7.902 110.364 9.435
202104 8.121 112.673 9.498
202107 8.337 115.183 9.538
202110 8.625 116.696 9.740
202201 7.977 118.619 8.862
202204 8.160 121.978 8.815
202207 8.033 125.002 8.468
202210 8.134 125.734 8.525
202301 8.377 126.223 8.746
202304 8.543 127.992 8.796
202307 8.958 128.974 9.153
202310 9.131 129.810 9.269
202401 9.342 130.124 9.461
202404 9.244 131.776 9.244

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.


Cisco Systems  (XAMS:CIS) 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.


Cisco Systems Cyclically Adjusted PB Ratio Related Terms

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


Cisco Systems (XAMS:CIS) Business Description

Industry
Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.

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