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Magyar Telekom (Magyar Telekom) Cyclically Adjusted PB Ratio : 1.05 (As of Apr. 27, 2024)


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What is Magyar Telekom Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Magyar Telekom's current share price is $12.06. Magyar Telekom's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.49. Magyar Telekom's Cyclically Adjusted PB Ratio for today is 1.05.

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

MYTAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.73   Max: 1.17
Current: 1.17

During the past years, Magyar Telekom's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.40. And the median was 0.73.

MYTAY's Cyclically Adjusted PB Ratio is ranked better than
58.18% of 275 companies
in the Telecommunication Services industry
Industry Median: 1.43 vs MYTAY: 1.17

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.

Magyar Telekom's adjusted book value per share data for the three months ended in Dec. 2023 was $10.585. 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 $11.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magyar Telekom Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Magyar Telekom'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.

Magyar Telekom Cyclically Adjusted PB Ratio Chart

Magyar Telekom 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 0.82 0.68 0.69 0.45 0.85

Magyar Telekom Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.45 0.51 0.52 0.68 0.85

Competitive Comparison of Magyar Telekom's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Magyar Telekom'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.


Magyar Telekom's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Magyar Telekom 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.

Magyar Telekom's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.06/11.49
=1.05

* 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.

Magyar Telekom's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Magyar Telekom'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)
=10.585/160.9178*160.9178
=10.585

Current CPI (Dec. 2023) = 160.9178.

Magyar Telekom Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.830 100.370 9.347
201406 5.998 100.370 9.616
201409 6.140 100.074 9.873
201412 6.185 98.816 10.072
201503 6.157 99.704 9.937
201506 6.367 100.962 10.148
201509 6.483 99.704 10.463
201512 6.528 99.704 10.536
201603 6.671 99.482 10.791
201606 6.622 100.814 10.570
201609 6.768 100.370 10.851
201612 7.036 101.406 11.165
201703 7.081 102.147 11.155
201706 6.858 102.724 10.743
201709 7.084 102.902 11.078
201712 7.376 103.627 11.454
201803 7.458 104.219 11.515
201806 7.347 105.922 11.162
201809 7.514 106.588 11.344
201812 7.638 106.440 11.547
201903 7.676 108.068 11.430
201906 7.514 109.475 11.045
201909 7.694 109.623 11.294
201912 7.855 110.659 11.423
202003 7.891 112.287 11.309
202006 7.681 112.583 10.979
202009 7.943 113.398 11.272
202012 8.245 113.694 11.670
202103 8.361 116.358 11.563
202106 8.368 118.579 11.356
202109 8.632 119.541 11.620
202112 8.909 122.058 11.745
202203 9.162 126.351 11.669
202206 9.284 132.420 11.282
202209 9.586 143.597 10.742
202212 9.774 152.036 10.345
202303 9.873 158.105 10.049
202306 9.879 158.993 9.999
202309 10.266 161.140 10.252
202312 10.585 160.918 10.585

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.


Magyar Telekom  (OTCPK:MYTAY) 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.


Magyar Telekom Cyclically Adjusted PB Ratio Related Terms

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


Magyar Telekom (Magyar Telekom) Business Description

Traded in Other Exchanges
Address
Konyves Kalman Korut. 36, Budapest, HUN, 1097
Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the largest share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives most of its revenue from Hungary.

Magyar Telekom (Magyar Telekom) Headlines