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Saga Communications (FRA:SGHB) Cyclically Adjusted Book per Share : €30.66 (As of Mar. 2024)


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What is Saga Communications 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.

Saga Communications's adjusted book value per share for the three months ended in Mar. 2024 was €24.144. 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 €30.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saga Communications's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Saga Communications was 16.00% per year. The lowest was 0.70% per year. And the median was 7.05% per year.

As of today (2024-06-06), Saga Communications's current stock price is €15.30. Saga Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €30.66. Saga Communications's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saga Communications was 2.79. The lowest was 0.51. And the median was 1.66.


Saga Communications Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saga Communications'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.

Saga Communications Cyclically Adjusted Book per Share Chart

Saga Communications 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 - - 24.34 29.10 28.85

Saga Communications 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 28.67 29.19 29.37 28.85 30.66

Competitive Comparison of Saga Communications's Cyclically Adjusted Book per Share

For the Broadcasting subindustry, Saga Communications'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.


Saga Communications's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Saga Communications 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, Saga Communications'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)
=24.144/131.7762*131.7762
=24.144

Current CPI (Mar. 2024) = 131.7762.

Saga Communications Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.092 100.560 19.777
201409 16.066 100.428 21.081
201412 16.114 99.070 21.434
201503 18.626 99.621 24.638
201506 18.419 100.684 24.107
201509 18.335 100.392 24.067
201512 19.253 99.792 25.424
201603 19.193 100.470 25.173
201606 19.611 101.688 25.414
201609 20.270 101.861 26.223
201612 21.722 101.863 28.101
201703 21.583 102.862 27.650
201706 20.948 103.349 26.710
201709 24.317 104.136 30.771
201712 25.547 104.011 32.367
201803 24.565 105.290 30.745
201806 26.292 106.317 32.588
201809 26.574 106.507 32.879
201812 27.321 105.998 33.965
201903 27.556 107.251 33.857
201906 28.042 108.070 34.193
201909 29.056 108.329 35.345
201912 28.901 108.420 35.127
202003 29.146 108.902 35.268
202006 27.968 108.767 33.884
202009 26.689 109.815 32.026
202012 26.227 109.897 31.449
202103 26.987 111.754 31.822
202106 27.034 114.631 31.077
202109 28.091 115.734 31.985
202112 28.844 117.630 32.313
202203 29.717 121.301 32.283
202206 31.423 125.017 33.122
202209 31.429 125.227 33.073
202212 27.569 125.222 29.012
202303 27.256 127.348 28.204
202306 27.247 128.729 27.892
202309 27.882 129.860 28.294
202312 25.011 129.419 25.466
202403 24.144 131.776 24.144

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


Saga Communications  (FRA:SGHB) 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.

Saga Communications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.30/30.66
=0.50

* 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 Saga Communications was 2.79. The lowest was 0.51. And the median was 1.66.


Be Aware

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


Saga Communications Cyclically Adjusted Book per Share Related Terms

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


Saga Communications (FRA:SGHB) Business Description

Traded in Other Exchanges
Address
73 Kercheval Avenue, Grosse Pointe Farms, MI, USA, 48236
Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top-billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.

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