GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » World Wrestling Entertainment Inc (NYSE:WWE) » Definitions » Cyclically Adjusted Book per Share

World Wrestling Entertainment (World Wrestling Entertainment) Cyclically Adjusted Book per Share : $4.86 (As of Jun. 2023)


View and export this data going back to 1999. Start your Free Trial

What is World Wrestling Entertainment 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.

World Wrestling Entertainment's adjusted book value per share for the three months ended in Jun. 2023 was $10.968. 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 $4.86 for the trailing ten years ended in Jun. 2023.

During the past 12 months, World Wrestling Entertainment's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.80% 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 World Wrestling Entertainment was 4.90% per year. The lowest was -6.20% per year. And the median was -2.90% per year.

As of today (2024-05-05), World Wrestling Entertainment's current stock price is $100.65. World Wrestling Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $4.86. World Wrestling Entertainment's Cyclically Adjusted PB Ratio of today is 20.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of World Wrestling Entertainment was 24.18. The lowest was 1.38. And the median was 8.92.


World Wrestling Entertainment Cyclically Adjusted Book per Share Historical Data

The historical data trend for World Wrestling Entertainment'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.

World Wrestling Entertainment Cyclically Adjusted Book per Share Chart

World Wrestling Entertainment Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.91 3.89 4.15 4.51

World Wrestling Entertainment Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 4.43 4.47 4.51 4.66 4.86

Competitive Comparison of World Wrestling Entertainment's Cyclically Adjusted Book per Share

For the Entertainment subindustry, World Wrestling Entertainment'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.


World Wrestling Entertainment's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, World Wrestling Entertainment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



World Wrestling Entertainment 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, World Wrestling Entertainment's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=10.968/128.7287*128.7287
=10.968

Current CPI (Jun. 2023) = 128.7287.

World Wrestling Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201309 3.740 98.790 4.873
201312 3.541 98.326 4.636
201403 3.359 99.695 4.337
201406 3.070 100.560 3.930
201409 2.858 100.428 3.663
201412 2.727 99.070 3.543
201503 2.774 99.621 3.585
201506 2.791 100.684 3.568
201509 2.826 100.392 3.624
201512 2.758 99.792 3.558
201603 2.871 100.470 3.678
201606 2.847 101.688 3.604
201609 2.880 101.861 3.640
201612 3.138 101.863 3.966
201703 3.142 102.862 3.932
201706 3.169 103.349 3.947
201709 3.264 104.136 4.035
201712 3.281 104.011 4.061
201803 3.573 105.290 4.368
201806 3.796 106.317 4.596
201809 3.579 106.507 4.326
201812 4.053 105.998 4.922
201903 4.013 107.251 4.817
201906 4.168 108.070 4.965
201909 3.730 108.329 4.432
201912 3.561 108.420 4.228
202003 3.902 108.902 4.612
202006 4.462 108.767 5.281
202009 4.914 109.815 5.760
202012 4.936 109.897 5.782
202103 4.679 111.754 5.390
202106 4.747 114.631 5.331
202109 4.917 115.734 5.469
202112 5.007 117.630 5.479
202203 5.459 121.301 5.793
202206 5.943 125.017 6.119
202209 6.334 125.227 6.511
202212 6.951 125.222 7.146
202303 7.881 127.348 7.966
202306 10.968 128.729 10.968

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


World Wrestling Entertainment  (NYSE:WWE) 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.

World Wrestling Entertainment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=100.65/4.86
=20.71

* 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 World Wrestling Entertainment was 24.18. The lowest was 1.38. And the median was 8.92.


Be Aware

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


World Wrestling Entertainment Cyclically Adjusted Book per Share Related Terms

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


World Wrestling Entertainment (World Wrestling Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
1241 East Main Street, Stamford, CT, USA, 06902
World Wrestling Entertainment Inc develops and produces television programming, pay-per-view programming, and live wrestling events. Its segments include Media, Live Events, and Consumer Products. The majority of its revenue comes from the Media segment, which includes the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The geographical segments are North America, which accounts for the majority of revenue; Europe/Middle East/Africa; Asia Pacific; and Latin America.
Executives
Karen M Mullane officer: Controller & Chief Accting Off C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11201
Rajan Mehta officer: EVP, Chief Product & Tech Off 1241 EAST MAIN STREET, STAMFORD CT 06902
Suzette Ramirez-carr officer: EVP, Chief Human Resources Off 1241 EAST MAIN STREET, STAMFORD CT 06902
Steve Pamon director 1241 E MAIN ST, STAMFORD CT 06902-3520
Steven R Koonin director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Mckenna Michelle director 20 DAVIS DRIVE, BELMONT CA 94002
Nick Khan director, officer: Chief Executive Officer 1241 EAST MAIN STREET, STAMFORD CT 06902
Maurice F Edelson officer: EVP, Chief Legal Officer 1241 EAST MAIN STREET, STAMFORD CT 06902
Dillon Joellen Lyons director BUILDING 4, TRIDENT PLACE, MOSQUITO WAY, HATFIELD, HARTFORDSHIRE X0 AL 109UL
Riddick Frank A Iii officer: President & CFO C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Ignace Lahoud director 1241 EAST MAIN STREET, STAMFORD CT 06902
Kevin Dunn officer: Exec Prod. & Chief Glob. Telev 1241 EST MAIN STREET, STAMFORD CT 06902
Elisebeth Collins officer: SVP General Counsel & Corp Sec 1241 EAST MAIN STREET, STAMFORD CT 06902
Bradley Blum officer: EVP, Operations & COS 1241 EAST MAIN STREET, STAMFORD CT 06902
Samira Shah officer: EVP, General Counsel & Corp Se 1241 EAST MAIN STREET, STAMFORD CT 06902

World Wrestling Entertainment (World Wrestling Entertainment) Headlines