GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Omnicom Group Inc (BSP:O1MC34) » Definitions » Cyclically Adjusted Book per Share

Omnicom Group (BSP:O1MC34) Cyclically Adjusted Book per Share : R$36.87 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Omnicom 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.

Omnicom Group's adjusted book value per share for the three months ended in Mar. 2024 was R$45.328. 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 R$36.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Omnicom Group's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.90% 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 Omnicom Group was 21.10% per year. The lowest was -0.80% per year. And the median was 8.10% per year.

As of today (2024-05-14), Omnicom Group's current stock price is R$248.50. Omnicom Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$36.87. Omnicom Group's Cyclically Adjusted PB Ratio of today is 6.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Omnicom Group was 6.81. The lowest was 3.76. And the median was 5.71.


Omnicom Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Omnicom 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.

Omnicom Group Cyclically Adjusted Book per Share Chart

Omnicom 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 - 32.23 38.00 37.18 35.37

Omnicom Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 36.37 34.94 36.55 35.37 36.87

Competitive Comparison of Omnicom Group's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, Omnicom 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.


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

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

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



Omnicom 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, Omnicom Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=45.328/129.4194*129.4194
=45.328

Current CPI (Mar. 2024) = 129.4194.

Omnicom Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.385 100.560 19.800
201409 14.311 100.428 18.442
201412 15.260 99.070 19.935
201503 15.249 99.621 19.810
201506 16.950 100.684 21.788
201509 19.963 100.392 25.735
201512 19.852 99.792 25.746
201603 18.377 100.470 23.672
201606 16.513 101.688 21.016
201609 16.025 101.861 20.361
201612 15.448 101.863 19.627
201703 14.325 102.862 18.023
201706 16.110 103.349 20.174
201709 17.138 104.136 21.299
201712 18.724 104.011 23.298
201803 18.945 105.290 23.287
201806 19.508 106.317 23.747
201809 21.833 106.507 26.530
201812 22.089 105.998 26.970
201903 21.046 107.251 25.396
201906 21.101 108.070 25.270
201909 23.049 108.329 27.536
201912 26.978 108.420 32.203
202003 27.544 108.902 32.734
202006 28.834 108.767 34.309
202009 32.818 109.815 38.677
202012 36.903 109.897 43.459
202103 42.072 111.754 48.722
202106 39.152 114.631 44.203
202109 40.729 115.734 45.545
202112 44.220 117.630 48.652
202203 36.279 121.301 38.707
202206 34.908 125.017 36.137
202209 35.315 125.227 36.497
202212 42.078 125.222 43.489
202303 40.722 127.348 41.384
202306 38.896 128.729 39.105
202309 40.578 129.860 40.440
202312 44.745 129.419 44.745
202403 45.328 129.419 45.328

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


Omnicom Group  (BSP:O1MC34) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=248.50/36.87
=6.74

* 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 Omnicom Group was 6.81. The lowest was 3.76. And the median was 5.71.


Be Aware

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


Omnicom Group Cyclically Adjusted Book per Share Related Terms

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


Omnicom Group (BSP:O1MC34) Business Description

Traded in Other Exchanges
Address
280 Park Avenue, New York, NY, USA, 10017
Omnicom is the world's second-largest ad holding company, based on annual revenue. The firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 80% of its revenue coming from more developed regions such as North America and Europe.

Omnicom Group (BSP:O1MC34) Headlines

No Headlines