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Cable One (Cable One) Cyclically Adjusted Book per Share : $207.89 (As of Dec. 2023)


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What is Cable One 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.

Cable One's adjusted book value per share for the three months ended in Dec. 2023 was $333.478. 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 $207.89 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-30), Cable One's current stock price is $398.37. Cable One's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $207.89. Cable One's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Cable One was 3.64. The lowest was 1.86. And the median was 2.66.


Cable One Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cable One'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.

Cable One Cyclically Adjusted Book per Share Chart

Cable One 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 - - - - 207.89

Cable One 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 - - 199.69 204.67 207.89

Competitive Comparison of Cable One's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Cable One'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.


Cable One's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Cable One 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, Cable One'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)
=333.478/129.4194*129.4194
=333.478

Current CPI (Dec. 2023) = 129.4194.

Cable One Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 146.362 99.070 191.200
201503 148.208 99.621 192.539
201506 70.857 100.684 91.080
201509 73.392 100.392 94.613
201512 74.629 99.792 96.785
201603 73.331 100.470 94.460
201606 75.320 101.688 95.860
201609 76.606 101.861 97.332
201612 82.211 101.863 104.451
201703 84.008 102.862 105.697
201706 87.885 103.349 110.054
201709 91.758 104.136 114.037
201712 118.024 104.011 146.855
201803 122.096 105.290 150.078
201806 125.529 106.317 152.806
201809 130.645 106.507 158.751
201812 135.947 105.998 165.986
201903 134.934 107.251 162.825
201906 133.684 108.070 160.094
201909 135.694 108.329 162.111
201912 147.246 108.420 175.765
202003 141.644 108.902 168.331
202006 219.864 108.767 261.610
202009 229.813 109.815 270.840
202012 248.071 109.897 292.140
202103 265.244 111.754 307.171
202106 278.443 114.631 314.363
202109 286.393 115.734 320.258
202112 296.558 117.630 326.282
202203 322.058 121.301 343.613
202206 322.062 125.017 333.404
202209 325.522 125.227 336.421
202212 304.886 125.222 315.106
202303 305.722 127.348 310.695
202306 313.370 128.729 315.051
202309 320.947 129.860 319.859
202312 333.478 129.419 333.478

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


Cable One  (NYSE:CABO) 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.

Cable One's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=398.37/207.89
=1.92

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Cable One was 3.64. The lowest was 1.86. And the median was 2.66.


Be Aware

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


Cable One Cyclically Adjusted Book per Share Related Terms

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


Cable One (Cable One) Business Description

Traded in Other Exchanges
Address
210 East Earll Drive, Phoenix, AZ, USA, 85012
Cable One Inc is a telecommunications company. It derives revenue from the provision of broadband, voice, and video services to residential and business customers. From a product perspective, the majority of revenue is sourced from data and video services. This revenue is subscription-based and billed monthly. The company also offers Sparklight TV, an internet protocol-based (IPTV) video service that allows customers with our Sparklight TV app to stream our video channels from the cloud. The company also derives advertising revenue from selling airtime on its video channels. Voice services are offered over Internet protocols. The company owns a telecommunications infrastructure.
Executives
Thomas O. Might director, officer: Chairman and CEO 210 E. EARLL DRIVE, PHOENIX AZ 85012
Matthew Armstrong officer: SVP Residential Services 210 E EARLL DRIVE, PHOENIX AZ 85012
P Robert Bartolo director 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057
Eric Michael Lardy officer: SVP C/O CABLE ONE, INC., 210 E. EARLL DRIVE, PHOENIX AZ 85012
Christopher D Boone officer: See Remarks 210 E EARLL DR, C/O CABLE ONE, INC., PHOENIX AZ 85012
Thomas Sinnickson Gayner director C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brad D. Brian director C/O CABLE ONE, INC., 210 E. EARLL DRIVE, PHOENIX AZ 85012
James A Obermeyer officer: SVP, Marketing & Sales C/O CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Peter N. Witty officer: See Remarks CABLE ONE, 210 E. EARLL DRIVE, PHOENIX AZ 85012
Wallace R Weitz director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Steven Scott Cochran officer: SVP C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Julia M. Laulis officer: President and COO 210 E. EARLL DRIVE, PHOENIX AZ 85012
Todd M Koetje officer: See Remarks CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Margaret Masoner Detz officer: SVP, Human Resources C/O CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Katharine Weymouth director 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209

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