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Match Group (LTS:0JZ7) Cyclically Adjusted Book per Share : $9.59 (As of Mar. 2024)


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What is Match Group 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.

Match Group's adjusted book value per share for the three months ended in Mar. 2024 was $-0.406. 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 $9.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Match Group's average Cyclically Adjusted Book Growth Rate was -9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.60% 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 Match Group was 29.80% per year. The lowest was -13.60% per year. And the median was -4.00% per year.

As of today (2024-05-22), Match Group's current stock price is $30.50. Match Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.59. Match Group's Cyclically Adjusted PB Ratio of today is 3.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Match Group was 14.63. The lowest was 0.56. And the median was 3.55.


Match Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Match Group'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.

Match Group Cyclically Adjusted Book per Share Chart

Match Group 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 14.80 8.15 8.65 25.77 9.74

Match Group 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 10.29 10.24 10.23 9.74 9.59

Competitive Comparison of Match Group's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Match Group'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.


Match Group's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Match Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Match Group 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, Match Group'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)
=-0.406/131.7762*131.7762
=-0.406

Current CPI (Mar. 2024) = 131.7762.

Match Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.657 100.560 12.655
201409 11.340 100.428 14.880
201412 11.388 99.070 15.148
201503 10.303 99.621 13.629
201506 10.572 100.684 13.837
201509 10.703 100.392 14.049
201512 10.460 99.792 13.812
201603 12.380 100.470 16.238
201606 10.998 101.688 14.252
201609 11.344 101.861 14.676
201612 11.504 101.863 14.882
201703 11.341 102.862 14.529
201706 11.923 103.349 15.203
201709 14.288 104.136 18.080
201712 14.160 104.011 17.940
201803 14.396 105.290 18.017
201806 14.812 106.317 18.359
201809 14.988 106.507 18.544
201812 16.334 105.998 20.306
201903 15.906 107.251 19.543
201906 17.037 108.070 20.774
201909 34.247 108.329 41.659
201912 16.630 108.420 20.212
202003 13.724 108.902 16.607
202006 -7.070 108.767 -8.566
202009 -5.471 109.815 -6.565
202012 -5.291 109.897 -6.344
202103 -4.497 111.754 -5.303
202106 -0.514 114.631 -0.591
202109 -0.247 115.734 -0.281
202112 -0.719 117.630 -0.805
202203 -0.429 121.301 -0.466
202206 -1.600 125.017 -1.687
202209 -2.504 125.227 -2.635
202212 -1.287 125.222 -1.354
202303 -1.202 127.348 -1.244
202306 -0.640 128.729 -0.655
202309 -1.102 129.860 -1.118
202312 -0.073 129.419 -0.074
202403 -0.406 131.776 -0.406

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


Match Group  (LTS:0JZ7) 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.

Match Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.50/9.59
=3.18

* 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 Match Group was 14.63. The lowest was 0.56. And the median was 3.55.


Be Aware

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


Match Group Cyclically Adjusted Book per Share Related Terms

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


Match Group (LTS:0JZ7) Business Description

Address
8750 North Central Expressway, Suite 1400, Dallas, TX, USA, 75231
Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).

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