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Schibsted ASA (Schibsted ASA) Cyclically Adjusted PB Ratio : 2.98 (As of Apr. 28, 2024)


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What is Schibsted ASA Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Schibsted ASA's current share price is $29.575. Schibsted ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.92. Schibsted ASA's Cyclically Adjusted PB Ratio for today is 2.98.

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

SBSNY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 3.35   Max: 7.27
Current: 3.18

During the past years, Schibsted ASA's highest Cyclically Adjusted PB Ratio was 7.27. The lowest was 1.70. And the median was 3.35.

SBSNY's Cyclically Adjusted PB Ratio is ranked worse than
83.99% of 631 companies
in the Media - Diversified industry
Industry Median: 1.09 vs SBSNY: 3.18

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.

Schibsted ASA's adjusted book value per share data for the three months ended in Dec. 2023 was $18.713. 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 $9.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schibsted ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Schibsted ASA'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.

Schibsted ASA Cyclically Adjusted PB Ratio Chart

Schibsted ASA 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 4.30 6.05 4.36 2.10 2.90

Schibsted ASA 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 2.10 1.94 2.00 2.49 2.90

Competitive Comparison of Schibsted ASA's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Schibsted ASA'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.


Schibsted ASA's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Schibsted ASA 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.

Schibsted ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.575/9.92
=2.98

* 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.

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

For example, Schibsted ASA'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)
=18.713/131.9000*131.9000
=18.713

Current CPI (Dec. 2023) = 131.9000.

Schibsted ASA Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.154 97.300 15.120
201406 10.626 97.500 14.375
201409 9.408 98.500 12.598
201412 8.392 98.600 11.226
201503 8.164 99.200 10.855
201506 4.127 100.100 5.438
201509 5.982 100.600 7.843
201512 5.484 100.900 7.169
201603 5.573 102.500 7.171
201606 5.471 103.800 6.952
201609 5.330 104.200 6.747
201612 5.288 104.400 6.681
201703 5.404 105.000 6.788
201706 6.080 105.800 7.580
201709 6.510 105.900 8.108
201712 7.466 106.100 9.281
201803 7.775 107.300 9.558
201806 7.102 108.500 8.634
201809 7.116 109.500 8.572
201812 7.010 109.800 8.421
201903 6.908 110.400 8.253
201906 5.404 110.600 6.445
201909 5.028 111.100 5.969
201912 4.968 111.300 5.888
202003 4.517 111.200 5.358
202006 4.795 112.100 5.642
202009 5.018 112.900 5.862
202012 4.999 112.900 5.840
202103 4.923 114.600 5.666
202106 36.106 115.300 41.304
202109 35.245 117.500 39.564
202112 24.384 118.900 27.050
202203 16.965 119.800 18.678
202206 13.589 122.600 14.620
202209 11.877 125.600 12.473
202212 12.401 125.900 12.992
202303 13.036 127.600 13.475
202306 11.983 130.400 12.121
202309 17.529 129.800 17.813
202312 18.713 131.900 18.713

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.


Schibsted ASA  (OTCPK:SBSNY) 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.


Schibsted ASA Cyclically Adjusted PB Ratio Related Terms

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


Schibsted ASA (Schibsted ASA) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (Schibsted ASA) Headlines

From GuruFocus

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