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Beasley Broadcast Group (Beasley Broadcast Group) Cyclically Adjusted Book per Share : $9.05 (As of Dec. 2023)


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What is Beasley Broadcast Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Beasley Broadcast Group's adjusted book value per share for the three months ended in Dec. 2023 was $4.914. 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 $9.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Beasley Broadcast Group's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Beasley Broadcast Group was 14.50% per year. The lowest was 0.70% per year. And the median was 8.85% per year.

As of today (2024-04-27), Beasley Broadcast Group's current stock price is $0.7432. Beasley Broadcast Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.05. Beasley Broadcast Group's Cyclically Adjusted PB Ratio of today is 0.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beasley Broadcast Group was 3.35. The lowest was 0.08. And the median was 0.92.


Beasley Broadcast Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beasley Broadcast Group's Cyclically Adjusted Book per Share 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.

Beasley Broadcast Group Cyclically Adjusted Book per Share Chart

Beasley Broadcast Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.08 6.79 7.79 8.67 9.05

Beasley Broadcast Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 8.67 8.88 9.03 9.09 9.05

Competitive Comparison of Beasley Broadcast Group's Cyclically Adjusted Book per Share

For the Broadcasting subindustry, Beasley Broadcast Group'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.


Beasley Broadcast Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Beasley Broadcast Group's Cyclically Adjusted PB Ratio falls into.



Beasley Broadcast Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Beasley Broadcast Group'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)
=4.914/129.4194*129.4194
=4.914

Current CPI (Dec. 2023) = 129.4194.

Beasley Broadcast Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.042 99.695 5.247
201406 4.142 100.560 5.331
201409 4.221 100.428 5.440
201412 5.649 99.070 7.380
201503 5.628 99.621 7.311
201506 5.706 100.684 7.335
201509 5.641 100.392 7.272
201512 5.748 99.792 7.455
201603 5.763 100.470 7.424
201606 5.832 101.688 7.422
201609 5.860 101.861 7.445
201612 7.022 101.863 8.922
201703 7.227 102.862 9.093
201706 7.354 103.349 9.209
201709 7.539 104.136 9.369
201712 9.918 104.011 12.341
201803 9.743 105.290 11.976
201806 9.895 106.317 12.045
201809 9.967 106.507 12.111
201812 9.975 105.998 12.179
201903 9.896 107.251 11.942
201906 10.016 108.070 11.995
201909 10.209 108.329 12.197
201912 10.171 108.420 12.141
202003 9.806 108.902 11.654
202006 9.179 108.767 10.922
202009 8.793 109.815 10.363
202012 9.125 109.897 10.746
202103 8.645 111.754 10.012
202106 8.634 114.631 9.748
202109 8.609 115.734 9.627
202112 8.961 117.630 9.859
202203 8.832 121.301 9.423
202206 8.311 125.017 8.604
202209 8.335 125.227 8.614
202212 7.506 125.222 7.758
202303 7.378 127.348 7.498
202306 7.003 128.729 7.041
202309 4.754 129.860 4.738
202312 4.914 129.419 4.914

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Beasley Broadcast Group  (NAS:BBGI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Beasley Broadcast Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.7432/9.05
=0.08

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beasley Broadcast Group was 3.35. The lowest was 0.08. And the median was 0.92.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Beasley Broadcast Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Beasley Broadcast Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Beasley Broadcast Group (Beasley Broadcast Group) Business Description

Traded in Other Exchanges
Address
3033 Riviera Drive, Suite 200, Naples, FL, USA, 34103
Beasley Broadcast Group Inc is a multi-platform media company, whose primary business is operating radio stations throughout the United States. The Company offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company owns and operates stations in the following markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, and Wilmington, DE. The Company currently operates three operating segments Audio, Digital and esports.
Executives
Caroline Beasley director, 10 percent owner, officer: CFO
Bruce G Beasley director, 10 percent owner, officer: President 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Bradley C Beasley 10 percent owner 3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Brian E Beasley director, officer: Vice President of Operations 3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Gordon H Smith director 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 21771
Christopher D. Ornelas officer: General Counsel C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Warfield Charles M. Jr. director C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
George G Beasley director, 10 percent owner, officer: CEO
Leslie V Godridge director
Mark S Fowler director C/O TALK AMERICA HOLDINGS, INC., 12020 SUNRISE VALLEY DR, STE. 250, RESTON VA 20191
Cristina Bordes 2009 Gift Trust other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephanie L. Bordes other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephen M. Bordes other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Cristina Bordes 10 percent owner C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Bordes 2015 Grat #7 Lee other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005

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