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Il Sole 24 Ore (MIL:S24) Cyclically Adjusted Book per Share : €0.97 (As of Mar. 2024)


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What is Il Sole 24 Ore 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.

Il Sole 24 Ore's adjusted book value per share for the three months ended in Mar. 2024 was €0.355. 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 €0.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Il Sole 24 Ore's average Cyclically Adjusted Book Growth Rate was -33.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -30.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -26.40% 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 Il Sole 24 Ore was -22.60% per year. The lowest was -50.10% per year. And the median was -28.95% per year.

As of today (2024-06-22), Il Sole 24 Ore's current stock price is €0.742. Il Sole 24 Ore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.97. Il Sole 24 Ore's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Il Sole 24 Ore was 0.82. The lowest was 0.02. And the median was 0.14.


Il Sole 24 Ore Cyclically Adjusted Book per Share Historical Data

The historical data trend for Il Sole 24 Ore'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.

Il Sole 24 Ore Cyclically Adjusted Book per Share Chart

Il Sole 24 Ore 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 4.20 3.20 2.20 1.63 1.06

Il Sole 24 Ore 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 1.46 1.32 1.17 1.06 0.97

Competitive Comparison of Il Sole 24 Ore's Cyclically Adjusted Book per Share

For the Publishing subindustry, Il Sole 24 Ore'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.


Il Sole 24 Ore's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Il Sole 24 Ore's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Il Sole 24 Ore's Cyclically Adjusted PB Ratio falls into.



Il Sole 24 Ore 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, Il Sole 24 Ore'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)
=0.355/120.2000*120.2000
=0.355

Current CPI (Mar. 2024) = 120.2000.

Il Sole 24 Ore Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.999 100.093 4.802
201409 3.399 99.814 4.093
201412 3.478 99.721 4.192
201503 3.389 99.814 4.081
201506 3.245 100.279 3.890
201509 2.701 100.000 3.247
201512 2.545 99.814 3.065
201603 2.560 99.600 3.089
201606 0.892 99.900 1.073
201609 0.518 100.100 0.622
201612 -0.391 100.300 -0.469
201703 -1.264 101.000 -1.504
201706 -1.821 101.100 -2.165
201709 -2.002 101.200 -2.378
201712 0.639 101.200 0.759
201803 0.663 101.800 0.783
201806 0.580 102.400 0.681
201809 0.507 102.600 0.594
201812 0.551 102.300 0.647
201903 0.559 102.800 0.654
201906 0.605 103.100 0.705
201909 0.581 102.900 0.679
201912 0.563 102.800 0.658
202003 0.483 102.900 0.564
202006 0.482 102.900 0.563
202009 0.507 102.300 0.596
202012 0.543 102.600 0.636
202103 0.458 103.700 0.531
202106 0.492 104.200 0.568
202109 0.482 104.900 0.552
202112 0.213 106.600 0.240
202203 0.166 110.400 0.181
202206 0.234 112.500 0.250
202209 0.266 114.200 0.280
202212 0.245 119.000 0.247
202303 0.249 118.800 0.252
202306 0.328 119.700 0.329
202309 0.326 120.300 0.326
202312 0.363 119.700 0.365
202403 0.355 120.200 0.355

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


Il Sole 24 Ore  (MIL:S24) 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.

Il Sole 24 Ore's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.742/0.97
=0.76

* 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 Il Sole 24 Ore was 0.82. The lowest was 0.02. And the median was 0.14.


Be Aware

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


Il Sole 24 Ore Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Il Sole 24 Ore's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Il Sole 24 Ore (MIL:S24) Business Description

Traded in Other Exchanges
N/A
Address
Via Monte Rosa, 91, Milan, MI, ITA, 20149
Il Sole 24 Ore is engaged in publishing news, books, and magazines. The company's segments are categorized into seven divisions. The Publishing and Digital division engages in publishing the daily newspaper, broadsheets, magazines, website, and the radiocor plus press agency. The Tax and legal segment provide products with technical and regulatory content. Its Radio segment manages the national radio 24 broadcasters. The System segment functions as an advertising sales agency. The Education and services segment provides training to young university graduates, managers, and professionals. The Culture segment comprises of the production of exhibitions and book publication. The Corporate and centralized services seek departments and the services associated with the support processes.

Il Sole 24 Ore (MIL:S24) Headlines

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