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SecureWorks (SecureWorks) Cyclically Adjusted Book per Share : $9.41 (As of Apr. 2024)


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What is SecureWorks 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.

SecureWorks's adjusted book value per share for the three months ended in Apr. 2024 was $5.288. 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 $9.41 for the trailing ten years ended in Apr. 2024.

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.

As of today (2024-06-09), SecureWorks's current stock price is $6.36. SecureWorks's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was $9.41. SecureWorks's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of SecureWorks was 0.81. The lowest was 0.61. And the median was 0.68.


SecureWorks Cyclically Adjusted Book per Share Historical Data

The historical data trend for SecureWorks'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.

SecureWorks Cyclically Adjusted Book per Share Chart

SecureWorks Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.41

SecureWorks Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - 9.48 9.41 9.41

Competitive Comparison of SecureWorks's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, SecureWorks'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.


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

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

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



SecureWorks 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, SecureWorks'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)
=5.288/131.7762*131.7762
=5.288

Current CPI (Apr. 2024) = 131.7762.

SecureWorks Quarterly Data

Book Value per Share CPI Adj_Book
201401 8.942 98.692 11.940
201410 0.000 100.176 0.000
201501 8.550 98.604 11.426
201504 0.000 99.824 0.000
201507 0.000 100.691 0.000
201510 7.636 100.346 10.028
201601 7.294 99.957 9.616
201604 8.832 100.947 11.529
201607 8.691 101.524 11.281
201610 8.618 101.988 11.135
201701 8.582 102.456 11.038
201704 8.391 103.167 10.718
201707 8.294 103.278 10.583
201710 8.184 104.070 10.363
201801 9.016 104.578 11.361
201804 8.793 105.708 10.961
201807 8.708 106.324 10.793
201810 8.711 106.695 10.759
201901 8.550 106.200 10.609
201904 8.351 107.818 10.207
201907 8.230 108.250 10.019
201910 8.211 108.577 9.965
202001 8.212 108.841 9.942
202004 8.031 108.173 9.783
202007 8.098 109.318 9.762
202010 8.113 109.861 9.731
202101 8.099 110.364 9.670
202104 8.033 112.673 9.395
202107 7.819 115.183 8.945
202110 7.747 116.696 8.748
202201 7.689 118.619 8.542
202204 7.369 121.978 7.961
202207 7.151 125.002 7.539
202210 6.921 125.734 7.254
202301 6.683 126.223 6.977
202304 6.157 127.992 6.339
202307 5.936 128.974 6.065
202310 5.851 129.810 5.940
202401 5.889 130.124 5.964
202404 5.288 131.776 5.288

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


SecureWorks  (NAS:SCWX) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.36/9.41
=0.68

* 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 12 years, the highest Cyclically Adjusted PB Ratio of SecureWorks was 0.81. The lowest was 0.61. And the median was 0.68.


Be Aware

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


SecureWorks Cyclically Adjusted Book per Share Related Terms

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


SecureWorks (SecureWorks) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SecureWorks Corp (NAS:SCWX) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
One Concourse Parkway North East, Suite 500, Atlanta, GA, USA, 30328
SecureWorks Corp is a cybersecurity provider of technology-driven solutions singularly focused on protecting its customers by outpacing and outmaneuvering the adversary. The company offers its customers the following services; software-as-a-service, or SaaS, solutions, managed solutions, and professional services, including incident response and adversarial services. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real-time, prioritize and respond to security incidents, and predict emerging threats.
Executives
Neil Gagnon 10 percent owner 1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Alpana Wegner officer: Chief Financial Officer C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Stephen Fulton officer: President, Customer Success C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Pamela Daley director C/O PATHEON N.V., HERENGRACHT 483, AMSTERDAM P7 1017 BT
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Wendy Thomas director, officer: Chief Executive Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
George B Hanna officer: Chief Legal & Admin Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Christian Grant officer: VP, Chief Accounting Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Paul Parrish officer: Chief Financial Officer 705 WESTECH DRIVE, NORCROSS GA 30092
Michael R Cote 10 percent owner 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Centerview Capital Technology Employee Fund, L.p. 10 percent owner 555 CALIFORNIA STREET, SUITE 3305, SAN FRANCISCO CA 94104
Centerview Capital Technology Ltd. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund Gp (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund-a (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025