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Intuit (Intuit) Cyclically Adjusted Book per Share : $25.64 (As of Jan. 2024)


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What is Intuit Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Intuit's adjusted book value per share for the three months ended in Jan. 2024 was $60.380. 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 $25.64 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Intuit's average Cyclically Adjusted Book Growth Rate was 26.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 32.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 23.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Intuit was 32.90% per year. The lowest was 0.50% per year. And the median was 6.35% per year.

As of today (2024-04-27), Intuit's current stock price is $636.55. Intuit's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $25.64. Intuit's Cyclically Adjusted PB Ratio of today is 24.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intuit was 52.02. The lowest was 7.86. And the median was 21.22.


Intuit Cyclically Adjusted Book per Share Historical Data

The historical data trend for Intuit's Cyclically Adjusted Book per Share 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.

Intuit Cyclically Adjusted Book per Share Chart

Intuit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.03 9.81 12.50 17.85 23.05

Intuit Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 20.27 21.73 23.05 24.46 25.64

Competitive Comparison of Intuit's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Intuit'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.


Intuit's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Intuit Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=60.38/129.4194*129.4194
=60.380

Current CPI (Jan. 2024) = 129.4194.

Intuit Quarterly Data

Book Value per Share CPI Adj_Book
201404 11.391 100.023 14.739
201407 10.802 100.520 13.908
201410 10.255 100.176 13.249
201501 8.379 98.604 10.998
201504 8.420 99.824 10.916
201507 8.397 100.691 10.793
201510 3.976 100.346 5.128
201601 2.461 99.957 3.186
201604 4.868 100.947 6.241
201607 4.503 101.524 5.740
201610 3.641 101.988 4.620
201701 3.066 102.456 3.873
201704 6.622 103.167 8.307
201707 5.296 103.278 6.637
201710 4.705 104.070 5.851
201801 4.518 104.578 5.591
201804 9.214 105.708 11.281
201807 10.889 106.324 13.254
201810 10.718 106.695 13.001
201901 10.791 106.200 13.150
201904 15.694 107.818 18.838
201907 14.409 108.250 17.227
201910 13.954 108.577 16.633
202001 14.306 108.841 17.011
202004 18.178 108.173 21.748
202007 19.508 109.318 23.095
202010 19.965 109.861 23.519
202101 32.370 110.364 37.959
202104 36.408 112.673 41.819
202107 36.119 115.183 40.583
202110 35.623 116.696 39.507
202201 55.106 118.619 60.123
202204 60.045 121.978 63.708
202207 58.315 125.002 60.376
202210 57.111 125.734 58.785
202301 56.468 126.223 57.898
202304 62.769 127.992 63.469
202307 61.582 128.974 61.795
202310 60.663 129.810 60.481
202401 60.380 129.419 60.380

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Intuit  (NAS:INTU) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Intuit's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=636.55/25.64
=24.83

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intuit was 52.02. The lowest was 7.86. And the median was 21.22.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Intuit Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Intuit's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Intuit (Intuit) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Intuit Inc (NAS:INTU) » Definitions » Cyclically Adjusted Book per Share
Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.
Executives
Alex G. Balazs officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVE, MOUNTAIN VIEW CA 94043
Laura A Fennell officer: VP, General Counsel, Corp. Sec C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039-7850
Raul Vazquez director 500 STAPLES DR., FRAMINGHAM MA 01702
Sasan K Goodarzi officer: Senior Vice President C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Sandeep Aujla officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Mark P. Notarainni officer: EVP, Consumer Group C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Marianna Tessel officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Lauren D Hotz officer: VP, Chief Accounting Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
James Alexander Chriss officer: EVP and GM SBSEG C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Kerry J Mclean officer: SVP, General Counsel C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Michelle M Clatterbuck officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Ryan Roslansky director C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Eric S. Yuan director C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113
Eve B Burton director 770 BROADWAY, NEW YORK NY 10003
Varun Krishna officer: EVP, Consumer Group 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043

Intuit (Intuit) Headlines

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