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AMC Networks (FRA:9AC) Cyclically Adjusted Book per Share : €9.35 (As of Mar. 2024)


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What is AMC Networks 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.

AMC Networks's adjusted book value per share for the three months ended in Mar. 2024 was €22.566. 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 €9.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AMC Networks's average Cyclically Adjusted Book Growth Rate was 58.50% 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.

As of today (2024-06-04), AMC Networks's current stock price is €16.58. AMC Networks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.35. AMC Networks's Cyclically Adjusted PB Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AMC Networks was 102.29. The lowest was 1.04. And the median was 3.42.


AMC Networks Cyclically Adjusted Book per Share Historical Data

The historical data trend for AMC Networks'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.

AMC Networks Cyclically Adjusted Book per Share Chart

AMC Networks 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 -2.83 -1.31 1.26 4.93 8.15

AMC Networks 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 5.60 6.82 7.39 8.15 9.35

Competitive Comparison of AMC Networks's Cyclically Adjusted Book per Share

For the Entertainment subindustry, AMC Networks'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.


AMC Networks's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



AMC Networks 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, AMC Networks'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)
=22.566/131.7762*131.7762
=22.566

Current CPI (Mar. 2024) = 131.7762.

AMC Networks Quarterly Data

Book Value per Share CPI Adj_Book
201406 -4.376 100.560 -5.734
201409 -4.499 100.428 -5.903
201412 -4.185 99.070 -5.567
201503 -4.027 99.621 -5.327
201506 -2.372 100.684 -3.104
201509 -1.463 100.392 -1.920
201512 -0.498 99.792 -0.658
201603 1.061 100.470 1.392
201606 1.055 101.688 1.367
201609 1.386 101.861 1.793
201612 -0.416 101.863 -0.538
201703 0.437 102.862 0.560
201706 0.410 103.349 0.523
201709 0.727 104.136 0.920
201712 1.867 104.011 2.365
201803 3.126 105.290 3.912
201806 2.495 106.317 3.092
201809 3.989 106.507 4.935
201812 4.950 105.998 6.154
201903 7.094 107.251 8.716
201906 8.600 108.070 10.487
201909 10.271 108.329 12.494
201912 10.784 108.420 13.107
202003 10.531 108.902 12.743
202006 11.124 108.767 13.477
202009 12.196 109.815 14.635
202012 12.229 109.897 14.664
202103 13.400 111.754 15.801
202106 14.425 114.631 16.582
202109 16.844 115.734 19.179
202112 17.775 117.630 19.913
202203 19.577 121.301 21.268
202206 21.263 125.017 22.413
202209 23.563 125.227 24.795
202212 17.713 125.222 18.640
202303 19.819 127.348 20.508
202306 21.379 128.729 21.885
202309 22.602 129.860 22.936
202312 22.062 129.419 22.464
202403 22.566 131.776 22.566

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


AMC Networks  (FRA:9AC) 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.

AMC Networks's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.58/9.35
=1.77

* 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 AMC Networks was 102.29. The lowest was 1.04. And the median was 3.42.


Be Aware

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


AMC Networks Cyclically Adjusted Book per Share Related Terms

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


AMC Networks (FRA:9AC) Business Description

Traded in Other Exchanges
Address
11 Penn Plaza, New York, NY, USA, 10001
AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 70 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 68 million households. IFC mainly shows independent films and alternative comedy series. AMC also operates a number of niche streaming platforms including Acorn (focused on British shows) and Shudder (focused on horror programming). The firm launched AMC+, a streaming platform for its own content in 2020.

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