GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telenet Group Holding NV (FRA:T4I) » Definitions » Cyclically Adjusted Book per Share

Telenet Group Holding NV (FRA:T4I) Cyclically Adjusted Book per Share : €-13.16 (As of Jun. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Telenet Group Holding NV 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.

Telenet Group Holding NV's adjusted book value per share for the three months ended in Jun. 2023 was €-5.915. 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 €-13.16 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -17.10% 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 Telenet Group Holding NV was -14.70% per year. The lowest was -20.80% per year. And the median was -15.20% per year.

As of today (2024-05-06), Telenet Group Holding NV's current stock price is €21.06. Telenet Group Holding NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €-13.16. Telenet Group Holding NV's Cyclically Adjusted PB Ratio of today is .


Telenet Group Holding NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Telenet Group Holding NV'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.

Telenet Group Holding NV Cyclically Adjusted Book per Share Chart

Telenet Group Holding NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.20 -9.31 -10.47 -12.15 -13.52

Telenet Group Holding NV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -13.42 -13.29 -13.52 -13.35 -13.16

Competitive Comparison of Telenet Group Holding NV's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Telenet Group Holding NV'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.


Telenet Group Holding NV's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telenet Group Holding NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Telenet Group Holding NV's Cyclically Adjusted PB Ratio falls into.



Telenet Group Holding NV 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, Telenet Group Holding NV's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-5.915/125.9731*125.9731
=-5.915

Current CPI (Jun. 2023) = 125.9731.

Telenet Group Holding NV Quarterly Data

Book Value per Share CPI Adj_Book
201309 -12.565 99.314 -15.938
201312 -12.802 99.462 -16.214
201403 -12.663 99.819 -15.981
201406 -12.495 99.482 -15.822
201409 -12.102 99.195 -15.369
201412 -11.748 99.086 -14.936
201503 -11.602 99.423 -14.700
201506 -10.907 100.107 -13.725
201509 -10.862 100.245 -13.650
201512 -10.472 100.572 -13.117
201603 -10.762 101.653 -13.337
201606 -11.033 102.267 -13.591
201609 -10.550 102.118 -13.014
201612 -10.616 102.614 -13.033
201703 -10.091 103.972 -12.226
201706 -9.921 103.902 -12.028
201709 -9.865 104.170 -11.930
201712 -9.653 104.804 -11.603
201803 -9.532 105.419 -11.391
201806 -8.976 106.063 -10.661
201809 -14.088 106.618 -16.646
201812 -14.848 107.252 -17.440
201903 -15.087 107.876 -17.618
201906 -14.171 107.896 -16.545
201909 -13.513 107.470 -15.840
201912 -13.728 108.065 -16.003
202003 -12.224 108.550 -14.186
202006 -13.275 108.540 -15.407
202009 -12.230 108.441 -14.207
202012 -13.022 108.511 -15.118
202103 -12.012 109.522 -13.816
202106 -12.227 110.305 -13.964
202109 -11.920 111.543 -13.462
202112 -12.530 114.705 -13.761
202203 -11.360 118.620 -12.064
202206 -6.669 120.948 -6.946
202209 -4.908 124.120 -4.981
202212 -4.834 126.578 -4.811
202303 -4.656 126.528 -4.636
202306 -5.915 125.973 -5.915

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


Telenet Group Holding NV  (FRA:T4I) 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.


Be Aware

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


Telenet Group Holding NV Cyclically Adjusted Book per Share Related Terms

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


Telenet Group Holding NV (FRA:T4I) Business Description

Traded in Other Exchanges
N/A
Address
Liersesteenweg 4, Antwerpen, Mechelen, BEL, 2800
Telenet Group Holding NV is a Belgian triple-play telecommunications company. Telenet generates revenue from the provision of broadband services, fixed services, mobile services as well as pay-TV services. Of the subscriber base, the majority receive all three solutions from the company. However, from a product revenue perspective, the company derives the majority of overall revenue from video and broadband services. Both video and Internet services are delivered via the company's owned hybrid fiber-coaxial infrastructure. Telenet operates in both Belgium and Luxembourg.

Telenet Group Holding NV (FRA:T4I) Headlines

No Headlines