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Asian Pay Television Trust (Asian Pay Television Trust) Cyclically Adjusted PB Ratio : 0.12 (As of Jun. 10, 2024)


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What is Asian Pay Television Trust Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Asian Pay Television Trust's current share price is $0.0417. Asian Pay Television Trust's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.34. Asian Pay Television Trust's Cyclically Adjusted PB Ratio for today is 0.12.

The historical rank and industry rank for Asian Pay Television Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

APTTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.1   Max: 0.12
Current: 0.09

During the past years, Asian Pay Television Trust's highest Cyclically Adjusted PB Ratio was 0.12. The lowest was 0.09. And the median was 0.10.

APTTF's Cyclically Adjusted PB Ratio is ranked better than
96.12% of 695 companies
in the Media - Diversified industry
Industry Median: 1.1 vs APTTF: 0.09

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.

Asian Pay Television Trust's adjusted book value per share data for the three months ended in Dec. 2023 was $0.288. 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 $0.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Pay Television Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asian Pay Television Trust'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.

Asian Pay Television Trust Cyclically Adjusted PB Ratio Chart

Asian Pay Television Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.10

Asian Pay Television Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.11 0.11 0.10 0.10

Competitive Comparison of Asian Pay Television Trust's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Asian Pay Television Trust'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.


Asian Pay Television Trust's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Asian Pay Television Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asian Pay Television Trust's Cyclically Adjusted PB Ratio falls into.



Asian Pay Television Trust 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.

Asian Pay Television Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0417/0.34
=0.12

* 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.

Asian Pay Television Trust's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Asian Pay Television Trust's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.288/129.4194*129.4194
=0.288

Current CPI (Dec. 2023) = 129.4194.

Asian Pay Television Trust Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.687 99.695 0.892
201406 0.738 100.560 0.950
201409 0.710 100.428 0.915
201412 0.674 99.070 0.880
201503 0.657 99.621 0.854
201506 0.660 100.684 0.848
201509 0.615 100.392 0.793
201512 0.607 99.792 0.787
201603 0.596 100.470 0.768
201606 0.602 101.688 0.766
201609 0.619 101.861 0.786
201612 0.595 101.863 0.756
201703 0.620 102.862 0.780
201706 0.615 103.349 0.770
201709 0.615 104.136 0.764
201712 0.614 104.011 0.764
201803 0.613 105.290 0.753
201806 0.590 106.317 0.718
201809 0.572 106.507 0.695
201812 0.544 105.998 0.664
201903 0.543 107.251 0.655
201906 0.537 108.070 0.643
201909 0.539 108.329 0.644
201912 0.553 108.420 0.660
202003 0.558 108.902 0.663
202006 0.476 108.767 0.566
202009 0.484 109.815 0.570
202012 0.494 109.897 0.582
202103 0.493 111.754 0.571
202106 0.510 114.631 0.576
202109 0.512 115.734 0.573
202112 0.504 117.630 0.555
202203 0.497 121.301 0.530
202206 0.485 125.017 0.502
202209 0.458 125.227 0.473
202212 0.466 125.222 0.482
202303 0.470 127.348 0.478
202306 0.472 128.729 0.475
202309 0.454 129.860 0.452
202312 0.288 129.419 0.288

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.


Asian Pay Television Trust  (OTCPK:APTTF) 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.


Asian Pay Television Trust Cyclically Adjusted PB Ratio Related Terms

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


Asian Pay Television Trust (Asian Pay Television Trust) Business Description

Traded in Other Exchanges
Address
150 Beach Road, No. 35-39 The Gateway West, Singapore, SGP, 189720
Asian Pay Television Trust is an investment trust with a mandate to acquire controlling interests and to own, operate, and maintain mature Pay-TV and Broadband Businesses in Taiwan, Hong Kong, Japan, and Singapore. The trust's main asset is the Taiwan Broadband Communications Group. Taiwan Broadband Communications Group derives revenue from providing cable TV and broadband services. Within cable TV, revenue is generated from monthly subscription services as well as from advertising sales, leasing of television channels to third parties, and the installation of set-top boxes. Sales within broadband services are from monthly payments and installations.

Asian Pay Television Trust (Asian Pay Television Trust) Headlines

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