MFE-MediaForEurope (MIL:MFEA) Cyclically Adjusted Book per Share: €6.82 (As of Mar. 2026)


MIL:MFEA MFE-MediaForEurope MIL:MFEA
73 GF Score
Price €2.81
GF Value €4.74
Valuation Possible Value Trap
! 6 Warning Signs
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What is MFE-MediaForEurope Cyclically Adjusted Book per Share?

MFE-MediaForEurope MIL:MFEA -0.14% 73 Cyclically Adjusted Book per Share is €6.82 as of Mar. 2026. GuruFocus rates MIL:MFEA with a GF Score™ of 73/100 and a GF Value™ of €4.74 (Possible Value Trap). The stock has 6 warning signs investors should review.

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.

MFE-MediaForEurope's adjusted book value per share for the three months ended in Mar. 2026 was €4.958. 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 €6.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MFE-MediaForEurope's average Cyclically Adjusted Book Growth Rate was -8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.80% 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 MFE-MediaForEurope was 1.20% per year. The lowest was -6.10% per year. And the median was -1.00% per year.

As of today (2026-07-02), MFE-MediaForEurope's current stock price is €2.812. MFE-MediaForEurope's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €6.82. MFE-MediaForEurope's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MFE-MediaForEurope was 1.96. The lowest was 0.21. And the median was 0.60.


MFE-MediaForEurope  (MIL:MFEA) 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.

MFE-MediaForEurope's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.812/6.82
=0.41

* 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 MFE-MediaForEurope was 1.96. The lowest was 0.21. And the median was 0.60.


Be Aware

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


MFE-MediaForEurope Cyclically Adjusted Book per Share Related Terms


MFE-MediaForEurope Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for MFE-MediaForEurope'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.

MFE-MediaForEurope Cyclically Adjusted Book per Share Chart

MFE-MediaForEurope Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 6.94 7.36 6.90 6.71

MFE-MediaForEurope Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.90 6.88 6.73 6.71 6.82

MIL:MFEA vs NXST: Cyclically Adjusted Book per Share Comparison

For the Broadcasting subindustry, MFE-MediaForEurope'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.


MFE-MediaForEurope Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

* The bar in red indicates where MFE-MediaForEurope's Cyclically Adjusted PB Ratio falls into.


MIL:MFEA
73GF Score
MFE-MediaForEurope MIL:MFEA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFE-MediaForEurope 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, MFE-MediaForEurope's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.958/122.6000*122.6000
=4.958

Current CPI (Mar. 2026) = 122.6000.

MFE-MediaForEurope Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.735 99.600 11.983
201606 9.637 99.900 11.827
201612 8.569 100.300 10.474
201703 8.585 101.000 10.421
201706 8.581 101.100 10.406
201709 0.000 101.200 0.000
201712 8.433 101.200 10.216
201803 8.437 101.800 10.161
201806 8.698 102.400 10.414
201809 0.000 102.600 0.000
201812 10.594 102.300 12.696
201903 10.741 102.800 12.810
201906 10.891 103.100 12.951
201909 10.775 102.900 12.838
201912 10.888 102.800 12.985
202003 10.738 102.900 12.794
202006 10.718 102.900 12.770
202009 10.955 102.300 13.129
202012 11.711 102.600 13.994
202103 12.220 103.700 14.447
202106 11.333 104.200 13.334
202109 5.733 104.900 6.700
202112 5.833 106.600 6.708
202203 5.648 110.400 6.272
202206 4.597 112.500 5.010
202209 4.710 114.200 5.056
202212 5.170 119.000 5.326
202303 5.287 118.800 5.456
202306 4.956 119.700 5.076
202309 4.926 120.300 5.020
202312 5.121 119.700 5.245
202403 5.156 120.200 5.259
202406 5.062 120.700 5.142
202409 5.012 121.200 5.070
202412 5.112 121.200 5.171
202503 5.179 122.500 5.183
202506 5.024 122.700 5.020
202509 4.929 123.100 4.909
202512 4.979 122.600 4.979
202603 4.958 122.600 4.958

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

What does a Cyclically Adjusted Book per Share of €6.82 mean?
MFE-MediaForEurope (MIL:MFEA) has a Cyclically Adjusted Book per Share of €6.82 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on MFE-MediaForEurope and its competitors.
Is MFE-MediaForEurope's Cyclically Adjusted Book per Share too high?
MFE-MediaForEurope's current Cyclically Adjusted Book per Share is €6.82. Overall, MFE-MediaForEurope has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MFE-MediaForEurope's Cyclically Adjusted Book per Share compare to NXST?
MFE-MediaForEurope's Cyclically Adjusted Book per Share of €6.82 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on MFE-MediaForEurope and its competitors. MFE-MediaForEurope's current Cyclically Adjusted Book per Share is €6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFE-MediaForEurope stock overvalued right now?
Based on GuruFocus' analysis, MFE-MediaForEurope (MIL:MFEA) is currently considered Possible Value Trap. The stock's GF Value™ is €4.74, compared to a current price of €2.81 — trading 40.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is €6.82. MFE-MediaForEurope's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For MFE-MediaForEurope (MIL:MFEA), the current Cyclically Adjusted Book per Share is €6.82 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MFE-MediaForEurope (MIL:MFEA) Overvalued in 2026?

Based on GuruFocus' analysis, MFE-MediaForEurope stock appears to be undervalued. The current stock price of €2.81 is trading 40.7% below its estimated GF Value™ of €4.74. GuruFocus considers MFE-MediaForEurope to be Possible Value Trap.

Key valuation signals for MIL:MFEA:

  • Cyclically Adjusted Book per Share: €6.82
  • GF Value™: €4.74 vs. price of €2.81 (40.7% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the MIL:MFEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MFE-MediaForEurope Business Description

Address Viale Europa 46, Cologno Monzese, Milan, ITA, 20093
MFE-MediaForEurope is a commercial TV operator in the Italian and Spanish commercial TV sector, offering free-to-air television programming on general interest channels (Canale 5, Italia 1 and Rete 4 in Italy, and Tele5 and Cuatro in Spain) and a wide portfolio of semigeneralist and thematic channels available in linear and on-demand OTT services comprising a broad range of cinema, TV series and children's channel content. The group generates maximum revenue from TV advertising, and the rest from sales of TV rights and productions, pay streaming service, movie distribution, construction, rental, and maintenance of TV equipment, etc. The company's operating segments are: Italy, which is its key revenue-generating market, and Spain.
73GF Score

Get the complete analysis for MIL:MFEA

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.81
Price
€4.74
GF Value