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Cogeco Communications (Cogeco Communications) Cyclically Adjusted PB Ratio : 1.04 (As of Jun. 10, 2024)


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What is Cogeco Communications Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Cogeco Communications's current share price is $38.8375. Cogeco Communications's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $37.33. Cogeco Communications's Cyclically Adjusted PB Ratio for today is 1.04.

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

CGEAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.5   Max: 3.64
Current: 1.04

During the past years, Cogeco Communications's highest Cyclically Adjusted PB Ratio was 3.64. The lowest was 1.04. And the median was 2.50.

CGEAF's Cyclically Adjusted PB Ratio is ranked better than
62.85% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.475 vs CGEAF: 1.04

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.

Cogeco Communications's adjusted book value per share data for the three months ended in Feb. 2024 was $51.527. 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 $37.33 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogeco Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cogeco Communications'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.

Cogeco Communications Cyclically Adjusted PB Ratio Chart

Cogeco Communications Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.21 2.82 3.01 1.82 1.36

Cogeco Communications Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.52 1.34 1.36 1.05 1.18

Competitive Comparison of Cogeco Communications's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cogeco Communications 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.

Cogeco Communications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.8375/37.33
=1.04

* 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.

Cogeco Communications's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=51.527/125.4675*125.4675
=51.527

Current CPI (Feb. 2024) = 125.4675.

Cogeco Communications Quarterly Data

Book Value per Share CPI Adj_Book
201405 27.257 99.394 34.407
201408 28.123 99.315 35.529
201411 27.987 99.078 35.441
201502 26.492 99.078 33.548
201505 27.994 100.263 35.031
201508 27.178 100.579 33.903
201511 27.591 100.421 34.472
201602 27.210 100.421 33.996
201605 22.549 101.765 27.801
201608 21.506 101.686 26.536
201611 21.683 101.607 26.775
201702 23.144 102.476 28.337
201705 23.180 103.108 28.207
201708 25.623 103.108 31.180
201711 26.195 103.740 31.681
201802 29.973 104.688 35.922
201805 30.043 105.399 35.763
201808 30.895 106.031 36.558
201811 31.362 105.478 37.306
201902 31.834 106.268 37.585
201905 32.747 107.927 38.069
201908 33.543 108.085 38.937
201911 34.510 107.769 40.177
202002 34.866 108.559 40.296
202005 33.802 107.532 39.440
202008 35.779 108.243 41.472
202011 37.389 108.796 43.118
202102 39.225 109.745 44.845
202105 41.006 111.404 46.183
202108 40.920 112.668 45.569
202111 42.383 113.932 46.674
202202 43.480 115.986 47.034
202205 44.601 120.016 46.627
202208 46.530 120.569 48.420
202211 46.699 121.675 48.155
202302 47.872 122.070 49.204
202305 48.328 124.045 48.882
202308 49.333 125.389 49.364
202311 49.259 125.468 49.259
202402 51.527 125.468 51.527

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.


Cogeco Communications  (OTCPK:CGEAF) 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.


Cogeco Communications Cyclically Adjusted PB Ratio Related Terms

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


Cogeco Communications (Cogeco Communications) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.