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LEE (Lee Enterprises) Cyclically Adjusted Book per Share : $-9.88 (As of Dec. 2024)


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What is Lee Enterprises 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.

Lee Enterprises's adjusted book value per share for the three months ended in Dec. 2024 was $-4.306. 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 $-9.88 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Lee Enterprises was 16.80% per year. The lowest was -166.20% per year. And the median was 6.30% per year.

As of today (2025-04-13), Lee Enterprises's current stock price is $8.95. Lee Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $-9.88. Lee Enterprises's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lee Enterprises was 3.47. The lowest was 0.26. And the median was 0.56.


Lee Enterprises Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lee Enterprises'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.

Lee Enterprises Cyclically Adjusted Book per Share Chart

Lee Enterprises Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.48 -18.78 -17.26 -14.62 -10.80

Lee Enterprises Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -13.52 -12.77 -11.81 -10.80 -9.88

Competitive Comparison of Lee Enterprises's Cyclically Adjusted Book per Share

For the Publishing subindustry, Lee Enterprises'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.


Lee Enterprises's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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


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Lee Enterprises 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, Lee Enterprises's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-4.306/133.1571*133.1571
=-4.306

Current CPI (Dec. 2024) = 133.1571.

Lee Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201503 -30.426 99.621 -40.668
201506 -29.826 100.684 -39.446
201509 -29.150 100.392 -38.664
201512 -26.600 99.792 -35.493
201603 -22.940 100.470 -30.403
201606 -22.064 101.688 -28.892
201609 -23.038 101.861 -30.116
201612 -20.777 101.863 -27.160
201703 -19.139 102.862 -24.776
201706 -17.920 103.349 -23.088
201709 -16.264 104.136 -20.797
201712 -10.077 104.011 -12.901
201803 -9.551 105.290 -12.079
201806 -8.644 106.317 -10.826
201809 -6.537 106.507 -8.173
201812 -4.711 105.998 -5.918
201903 -5.064 107.251 -6.287
201906 -3.919 108.070 -4.829
201909 -6.675 108.329 -8.205
201912 -5.620 108.420 -6.902
202003 -6.477 108.902 -7.920
202006 -6.536 108.767 -8.002
202009 -5.409 109.815 -6.559
202012 -2.443 109.897 -2.960
202103 -2.519 111.754 -3.001
202106 -1.796 114.631 -2.086
202109 6.979 115.734 8.030
202112 10.225 117.630 11.575
202203 8.919 121.301 9.791
202206 8.765 125.017 9.336
202209 2.510 125.227 2.669
202212 2.636 125.222 2.803
202303 1.719 127.348 1.797
202306 2.010 128.729 2.079
202309 3.503 129.860 3.592
202312 3.213 129.419 3.306
202403 1.287 131.776 1.300
202406 0.641 132.554 0.644
202409 -1.598 133.029 -1.600
202412 -4.306 133.157 -4.306

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


Lee Enterprises  (NAS:LEE) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lee Enterprises was 3.47. The lowest was 0.26. And the median was 0.56.


Be Aware

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


Lee Enterprises Cyclically Adjusted Book per Share Related Terms

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


Lee Enterprises Business Description

Traded in Other Exchanges
Address
4600 E 53rd Street, Davenport, IA, USA, 52807
Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high-quality, trusted, intensely local news, information, advertising, and marketing services. The product portfolio of the company includes digital subscription platforms, daily, weekly, and monthly newspapers, and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and content and advertising are available in real-time through the websites and mobile apps.
Executives
Steven C. Fletcher director C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Shaun Mcalmont director C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Moloney Herbert W Iii director 215 N MAIN STREET, SUITE 400, DAVENPORT IA 52801
Margaret R. Liberman director C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, STE. 600, DAVENPORT IA 52801
David T. Pearson director C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Jolene N. Sherman officer: V.P. - Business Development C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Joseph J Battistoni officer: VP - Local Advertising C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Astrid J Garcia officer: VP - Human Resources & Legal C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Nancy S Donovan director
William E Mayer director C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Ray G Farris officer: V.P. & Group Publisher C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Gregory P Schermer director, 10 percent owner, officer: Vice Pres.-Interactive Media C/O LEE ENTERPRISES INCORPORATED, 215 N MAIN STREET STE 400, DAVENPORT IA 52801
Timothy R. Millage officer: V.P., CFO and Treasurer C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Michael R Gulledge officer: Vice President - Publishing C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, DAVENPORT IA 52801-1939