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Madhya Pradesh Today Media (NSE:MPTODAY) Cyclically Adjusted PB Ratio : 0.80 (As of Jun. 03, 2024)


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What is Madhya Pradesh Today Media Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Madhya Pradesh Today Media's current share price is ₹39.70. Madhya Pradesh Today Media's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹49.44. Madhya Pradesh Today Media's Cyclically Adjusted PB Ratio for today is 0.80.

The historical rank and industry rank for Madhya Pradesh Today Media's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:MPTODAY's Cyclically Adjusted PB Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.13
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Madhya Pradesh Today Media's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹85.113. 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 ₹49.44 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madhya Pradesh Today Media Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Madhya Pradesh Today 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.

Madhya Pradesh Today Media Cyclically Adjusted PB Ratio Chart

Madhya Pradesh Today Media Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.13 0.94

Madhya Pradesh Today Media Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 - - - 1.13 0.94

Competitive Comparison of Madhya Pradesh Today Media's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Madhya Pradesh Today 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.


Madhya Pradesh Today Media's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Madhya Pradesh Today Media's Cyclically Adjusted PB Ratio falls into.



Madhya Pradesh Today 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.

Madhya Pradesh Today Media's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.70/49.44
=0.80

* 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.

Madhya Pradesh Today Media's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Madhya Pradesh Today Media's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=85.113/146.8646*146.8646
=85.113

Current CPI (Mar23) = 146.8646.

Madhya Pradesh Today Media Annual Data

Book Value per Share CPI Adj_Book
201403 2.555 91.425 4.104
201503 3.311 97.163 5.005
201603 5.129 102.518 7.348
201703 10.287 105.196 14.362
201803 47.445 109.786 63.469
201903 56.951 118.202 70.761
202003 66.481 124.705 78.294
202103 73.189 131.771 81.573
202203 79.774 138.822 84.396
202303 85.113 146.865 85.113

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.


Madhya Pradesh Today Media  (NSE:MPTODAY) 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.


Madhya Pradesh Today Media Cyclically Adjusted PB Ratio Related Terms

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


Madhya Pradesh Today Media (NSE:MPTODAY) Business Description

Traded in Other Exchanges
N/A
Address
M.P. Nagar, Plot No. 5, Press Complex, Zone - I, Bhopal, MP, IND, 462011
Madhya Pradesh Today Media Ltd is engaged in the publication of the newspaper, news through the news portal, and event-based magazines. The company's newspapers include Pradesh Today, and Morning Daily, among others. The company is primarily engaged in print media. It generates maximum revenue from Advertisements.

Madhya Pradesh Today Media (NSE:MPTODAY) Headlines

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