GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Walt Disney Co (BUE:DISN) » Definitions » Cyclically Adjusted Book per Share

The Walt Disney Co (BUE:DISN) Cyclically Adjusted Book per Share : ARS4,219.28 (As of Mar. 2024)


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

What is The Walt Disney Co 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.

The Walt Disney Co's adjusted book value per share for the three months ended in Mar. 2024 was ARS5,724.248. 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 ARS4,219.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Walt Disney Co's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.40% 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 9.00% 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 The Walt Disney Co was 18.90% per year. The lowest was 5.00% per year. And the median was 9.40% per year.

As of today (2024-07-18), The Walt Disney Co's current stock price is ARS10416.00. The Walt Disney Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS4,219.28. The Walt Disney Co's Cyclically Adjusted PB Ratio of today is 2.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Walt Disney Co was 6.04. The lowest was 1.74. And the median was 4.24.


The Walt Disney Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Walt Disney Co'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.

The Walt Disney Co Cyclically Adjusted Book per Share Chart

The Walt Disney Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 461.60 1,177.61 1,737.78 3,245.27 3,119.94

The Walt Disney Co 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 1,473.92 1,906.82 3,119.94 3,733.97 4,219.28

Competitive Comparison of The Walt Disney Co's Cyclically Adjusted Book per Share

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where The Walt Disney Co's Cyclically Adjusted PB Ratio falls into.



The Walt Disney Co 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, The Walt Disney Co'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)
=5724.248/131.7762*131.7762
=5,724.248

Current CPI (Mar. 2024) = 131.7762.

The Walt Disney Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.195 100.560 35.637
201409 27.831 100.428 36.518
201412 27.769 99.070 36.937
201503 29.856 99.621 39.493
201506 33.023 100.684 43.221
201509 32.706 100.392 42.931
201512 41.834 99.792 55.242
201603 47.381 100.470 62.145
201606 45.427 101.688 58.868
201609 50.420 101.861 65.228
201612 53.515 101.863 69.230
201703 53.919 102.862 69.075
201706 54.785 103.349 69.854
201709 60.332 104.136 76.346
201712 68.551 104.011 86.850
201803 75.812 105.290 94.883
201806 95.786 106.317 118.724
201809 149.566 106.507 185.052
201812 159.158 105.998 197.865
201903 246.749 107.251 303.175
201906 283.703 108.070 345.938
201909 348.858 108.329 424.365
201912 376.551 108.420 457.668
202003 393.845 108.902 476.572
202006 412.576 108.767 499.853
202009 429.233 109.815 515.073
202012 480.187 109.897 575.788
202103 540.809 111.754 637.700
202106 576.711 114.631 662.967
202109 595.346 115.734 677.867
202112 636.957 117.630 713.561
202203 683.027 121.301 742.011
202206 781.199 125.017 823.437
202209 926.541 125.227 975.002
202212 1,131.343 125.222 1,190.560
202303 1,356.825 127.348 1,404.007
202306 1,644.189 128.729 1,683.113
202309 2,373.087 129.860 2,408.113
202312 2,478.209 129.419 2,523.339
202403 5,724.248 131.776 5,724.248

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


The Walt Disney Co  (BUE:DISN) 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.

The Walt Disney Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10416.00/4219.28
=2.47

* 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 The Walt Disney Co was 6.04. The lowest was 1.74. And the median was 4.24.


Be Aware

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


The Walt Disney Co Cyclically Adjusted Book per Share Related Terms

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


The Walt Disney Co (BUE:DISN) Business Description

Address
500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.

The Walt Disney Co (BUE:DISN) Headlines

No Headlines