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oOh media (ASX:OML) Cyclically Adjusted PB Ratio : 0.66 (As of Oct. 31, 2024)


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What is oOh media Cyclically Adjusted PB Ratio?

As of today (2024-10-31), oOh media's current share price is A$1.235. oOh media's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was A$1.86. oOh media's Cyclically Adjusted PB Ratio for today is 0.66.

The historical rank and industry rank for oOh media's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:OML' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.8   Max: 0.98
Current: 0.64

During the past 10 years, oOh media's highest Cyclically Adjusted PB Ratio was 0.98. The lowest was 0.64. And the median was 0.80.

ASX:OML's Cyclically Adjusted PB Ratio is ranked better than
69.87% of 614 companies
in the Media - Diversified industry
Industry Median: 1.13 vs ASX:OML: 0.64

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.

oOh media's adjusted book value per share data of for the fiscal year that ended in Dec23 was A$1.378. 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 A$1.86 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


oOh media Cyclically Adjusted PB Ratio Historical Data

The historical data trend for oOh media'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.

oOh media Cyclically Adjusted PB Ratio Chart

oOh media 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 - - - - 0.89

oOh media Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - 0.89 -

Competitive Comparison of oOh media's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, oOh media'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.


oOh media's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



oOh media 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.

oOh media's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.235/1.86
=0.66

* 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.

oOh media's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, oOh media's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.378/126.3989*126.3989
=1.378

Current CPI (Dec23) = 126.3989.

oOh media Annual Data

Book Value per Share CPI Adj_Book
201412 1.259 99.002 1.607
201512 1.336 100.673 1.677
201612 1.561 102.159 1.931
201712 1.670 104.110 2.028
201812 2.349 105.967 2.802
201912 2.243 107.917 2.627
202012 1.364 108.846 1.584
202112 1.342 112.654 1.506
202212 1.387 121.477 1.443
202312 1.378 126.399 1.378

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.


oOh media  (ASX:OML) 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.


oOh media Cyclically Adjusted PB Ratio Related Terms

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


oOh media Business Description

Traded in Other Exchanges
N/A
Address
73 Miller Street, Level 2, North Sydney, Sydney, NSW, AUS, 2060
OOh media operates a network of out-of-home advertising sites with a commanding approximately 40% share of the Australian market, and also has a big presence in New Zealand. It boasts a diverse portfolio of locations to service the needs of out-of-home marketers, and is particularly strong in the roadside billboard, street furniture and rail, and retail (shopping malls) segments. OOh!media offers these services by entering into space lease arrangements with owners of out-of-home sites, and extracting margins on those lease concessions from firms advertising on those sites. oOh!media is effectively an intermediary allowing site owners to monetize their visible space in high-traffic areas.

oOh media Headlines

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