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Meta Platforms (MIL:1FB) Cyclically Adjusted Book per Share : €40.32 (As of Mar. 2025)


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What is Meta Platforms 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.

Meta Platforms's adjusted book value per share for the three months ended in Mar. 2025 was €67.837. 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 €40.32 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Meta Platforms's average Cyclically Adjusted Book Growth Rate was 16.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.80% 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 Meta Platforms was 21.60% per year. The lowest was 19.80% per year. And the median was 20.70% per year.

As of today (2025-05-09), Meta Platforms's current stock price is €536.50. Meta Platforms's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €40.32. Meta Platforms's Cyclically Adjusted PB Ratio of today is 13.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Meta Platforms was 17.39. The lowest was 3.11. And the median was 12.65.


Meta Platforms Cyclically Adjusted Book per Share Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted Book per Share Chart

Meta Platforms Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.37 22.27 28.06 32.41 41.28

Meta Platforms Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 35.14 37.66 36.78 41.28 40.32

Competitive Comparison of Meta Platforms's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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


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Meta Platforms 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, Meta Platforms's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=67.837/134.9266*134.9266
=67.837

Current CPI (Mar. 2025) = 134.9266.

Meta Platforms Quarterly Data

Book Value per Share CPI Adj_Book
201506 12.554 100.684 16.824
201509 13.115 100.392 17.627
201512 14.323 99.792 19.366
201603 14.856 100.470 19.951
201606 15.668 101.688 20.789
201609 16.759 101.861 22.199
201612 19.404 101.863 25.702
201703 20.099 102.862 26.364
201706 20.403 103.349 26.637
201709 20.559 104.136 26.638
201712 21.618 104.011 28.044
201803 21.692 105.290 27.798
201806 23.504 106.317 29.829
201809 23.966 106.507 30.361
201812 25.910 105.998 32.981
201903 26.809 107.251 33.727
201906 27.524 108.070 34.364
201909 29.906 108.329 37.249
201912 31.889 108.420 39.685
202003 33.427 108.902 41.415
202006 34.413 108.767 42.690
202009 35.071 109.815 43.091
202012 37.015 109.897 45.445
202103 39.518 111.754 47.712
202106 40.597 114.631 47.785
202109 40.586 115.734 47.316
202112 40.320 117.630 46.249
202203 41.227 121.301 45.858
202206 44.114 125.017 47.611
202209 47.030 125.227 50.673
202212 45.399 125.222 48.917
202303 45.424 127.348 48.127
202306 48.081 128.729 50.396
202309 52.070 129.860 54.102
202312 54.844 129.419 57.178
202403 54.224 131.776 55.520
202406 57.492 132.554 58.521
202409 58.732 133.029 59.570
202412 68.818 133.157 69.733
202503 67.837 134.927 67.837

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


Meta Platforms  (MIL:1FB) 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.

Meta Platforms's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=536.50/40.32
=13.31

* 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 Meta Platforms was 17.39. The lowest was 3.11. And the median was 12.65.


Be Aware

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


Meta Platforms Cyclically Adjusted Book per Share Related Terms

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


Meta Platforms Business Description

Address
1 Meta Way, Menlo Park, CA, USA, 94025
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.

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