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Central European Media Enterprises (XPRA:CETV) Cyclically Adjusted PB Ratio : (As of Jun. 15, 2024)


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What is Central European Media Enterprises Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Central European Media Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Central European Media Enterprises'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.

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Central European Media Enterprises Cyclically Adjusted PB Ratio Chart

Central European Media Enterprises Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Central European Media Enterprises Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of Central European Media Enterprises's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Central European Media Enterprises'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.


Central European Media Enterprises's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Central European Media Enterprises's Cyclically Adjusted PB Ratio falls into.



Central European Media Enterprises 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.

Central European Media Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2020 is calculated as:

For example, Central European Media Enterprises's adjusted Book Value per Share data for the three months ended in Jun. 2020 was:

Adj_Book=Book Value per Share/CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=32.451/108.7673*108.7673
=32.451

Current CPI (Jun. 2020) = 108.7673.

Central European Media Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201009 377.172 92.162 445.130
201012 362.778 92.474 426.697
201103 356.093 94.283 410.798
201106 351.769 95.235 401.755
201109 319.969 95.727 363.557
201112 301.549 95.213 344.475
201203 306.056 96.783 343.954
201206 275.341 96.819 309.320
201209 273.924 97.633 305.163
201212 155.381 96.871 174.462
201303 133.567 98.209 147.926
201306 90.290 98.518 99.684
201309 85.652 98.790 94.302
201312 65.555 98.326 72.516
201403 57.195 99.695 62.400
201406 84.360 100.560 91.246
201409 64.367 100.428 69.712
201412 46.375 99.070 50.914
201503 18.163 99.621 19.831
201506 22.490 100.684 24.296
201509 18.688 100.392 20.247
201512 14.136 99.792 15.407
201603 9.193 100.470 9.952
201606 -17.504 101.688 -18.723
201609 -19.829 101.861 -21.173
201612 -19.277 101.863 -20.584
201703 -20.472 102.862 -21.647
201706 -9.518 103.349 -10.017
201709 -8.954 104.136 -9.352
201712 -0.862 104.011 -0.901
201803 1.955 105.290 2.020
201806 9.094 106.317 9.304
201809 16.378 106.507 16.726
201812 20.550 105.998 21.087
201903 19.926 107.251 20.208
201906 25.305 108.070 25.468
201909 24.532 108.329 24.631
201912 30.933 108.420 31.032
202003 27.482 108.902 27.448
202006 32.451 108.767 32.451

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.


Central European Media Enterprises  (XPRA:CETV) 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.


Central European Media Enterprises Cyclically Adjusted PB Ratio Related Terms

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Central European Media Enterprises (XPRA:CETV) Business Description

Traded in Other Exchanges
N/A
Address
3 Bermudiana Road, O'Hara House, Hamilton, BMU, HM 08
Central European Media Enterprises Ltd is a media and entertainment company. The company manages its business based on geographical segments in Bulgaria, the Czech Republic, Romania, and the Slovak Republic. Geographically, it generates maximum revenue from the Czech Republic. The company generates advertising revenues from placing ads on the television channels.

Central European Media Enterprises (XPRA:CETV) Headlines

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