Magnite (FRA:15R) Cyclically Adjusted Book per Share: €4.60 (As of Mar. 2026)


FRA:15R Magnite Inc FRA:15R
75 GF Score
Price €17.68
GF Value €12.02
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Magnite Cyclically Adjusted Book per Share?

Magnite FRA:15R +0.26% 75 Cyclically Adjusted Book per Share is €4.60 as of Mar. 2026. GuruFocus rates FRA:15R with a GF Score™ of 75/100 and a GF Value™ of €12.02 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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.

Magnite's adjusted book value per share for the three months ended in Mar. 2026 was €5.541. 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 €4.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Magnite's average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Magnite was 6.50% per year. The lowest was 6.50% per year. And the median was 6.50% per year.

As of today (2026-07-07), Magnite's current stock price is €17.675. Magnite's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €4.60. Magnite's Cyclically Adjusted PB Ratio of today is 3.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Magnite was 4.79. The lowest was 1.38. And the median was 2.49.


Magnite  (FRA:15R) 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.

Magnite's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.675/4.60
=3.84

* 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 Magnite was 4.79. The lowest was 1.38. And the median was 2.49.


Be Aware

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


Magnite Cyclically Adjusted Book per Share Related Terms


Magnite Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Magnite'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.

Magnite Cyclically Adjusted Book per Share Chart

Magnite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 4.19 4.52 5.31 4.55

Magnite Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.97 4.11 4.66 4.55 4.60

FRA:15R vs ZD, STGW, DV: Cyclically Adjusted Book per Share Comparison

For the Advertising Agencies subindustry, Magnite'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.


Magnite Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


FRA:15R
75GF Score
Magnite Inc FRA:15R
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnite 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, Magnite's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.541/330.2130*330.2130
=5.541

Current CPI (Mar. 2026) = 330.2130.

Magnite Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.518 241.018 7.560
201609 5.713 241.428 7.814
201612 5.750 241.432 7.864
201703 5.483 243.801 7.426
201706 5.063 244.955 6.825
201709 3.104 246.819 4.153
201712 2.769 246.524 3.709
201803 2.285 249.554 3.024
201806 2.153 251.989 2.821
201809 1.988 252.439 2.600
201812 2.028 251.233 2.666
201903 1.855 254.202 2.410
201906 1.764 256.143 2.274
201909 1.781 256.759 2.291
201912 1.869 256.974 2.402
202003 1.615 258.115 2.066
202006 2.889 257.797 3.701
202009 2.731 260.280 3.465
202012 2.751 260.474 3.488
202103 2.477 264.877 3.088
202106 5.616 271.696 6.826
202109 5.655 274.310 6.807
202112 5.896 278.802 6.983
202203 5.762 287.504 6.618
202206 5.849 296.311 6.518
202209 6.139 296.808 6.830
202212 5.574 296.797 6.202
202303 4.863 301.836 5.320
202306 4.401 305.109 4.763
202309 4.433 307.789 4.756
202312 4.643 306.746 4.998
202403 4.569 312.332 4.831
202406 4.693 314.175 4.933
202409 4.634 315.301 4.853
202412 5.187 315.605 5.427
202503 4.850 319.799 5.008
202506 4.679 322.561 4.790
202509 4.792 324.800 4.872
202512 5.510 324.054 5.615
202603 5.541 330.213 5.541

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

What does a Cyclically Adjusted Book per Share of €4.60 mean?
Magnite (FRA:15R) has a Cyclically Adjusted Book per Share of €4.60 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Magnite and its competitors.
Is Magnite's Cyclically Adjusted Book per Share too high?
Magnite's current Cyclically Adjusted Book per Share is €4.60. Overall, Magnite has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magnite's Cyclically Adjusted Book per Share compare to ZD and STGW?
Magnite's Cyclically Adjusted Book per Share of €4.60 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Magnite and its competitors. Magnite's current Cyclically Adjusted Book per Share is €4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnite stock overvalued right now?
Based on GuruFocus' analysis, Magnite (FRA:15R) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.02, compared to a current price of €17.68 — trading 47% above its estimated fair value. The current Cyclically Adjusted Book per Share is €4.60. Magnite's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Magnite (FRA:15R), the current Cyclically Adjusted Book per Share is €4.60 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magnite (FRA:15R) Overvalued in 2026?

Based on GuruFocus' analysis, Magnite stock appears to be overvalued. The current stock price of €17.68 is trading 47% above its estimated GF Value™ of €12.02. GuruFocus considers Magnite to be Significantly Overvalued.

Key valuation signals for FRA:15R:

  • Cyclically Adjusted Book per Share: €4.60
  • GF Value™: €12.02 vs. price of €17.68 (47% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the FRA:15R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magnite Business Description

Address 1250 Broadway, 9th Floor, New York, NY, USA, 10001
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
75GF Score

Get the complete analysis for FRA:15R

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.68
Price
€12.02
GF Value