GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Pegasus Companies Inc (OTCPK:PEGX) » Definitions » Cyclically Adjusted Book per Share

The Pegasus (The Pegasus) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2006)


View and export this data going back to 1996. Start your Free Trial

What is The Pegasus 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.

The Pegasus's adjusted book value per share for the three months ended in Sep. 2006 was $1,111.120. 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 $0.00 for the trailing ten years ended in Sep. 2006.

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.

As of today (2024-06-16), The Pegasus's current stock price is $51.00. The Pegasus's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2006 was $0.00. The Pegasus's Cyclically Adjusted PB Ratio of today is .


The Pegasus Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Pegasus'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.

The Pegasus Cyclically Adjusted Book per Share Chart

The Pegasus Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

The Pegasus Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 - - - - -

Competitive Comparison of The Pegasus's Cyclically Adjusted Book per Share

For the Broadcasting subindustry, The Pegasus'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.


The Pegasus's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



The Pegasus 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, The Pegasus's adjusted Book Value per Share data for the three months ended in Sep. 2006 was:

Adj_Book= Book Value per Share /CPI of Sep. 2006 (Change)*Current CPI (Sep. 2006)
=1111.12/85.6057*85.6057
=1,111.120

Current CPI (Sep. 2006) = 85.6057.

The Pegasus Quarterly Data

Book Value per Share CPI Adj_Book
199612 1,089.189 66.915 1,393.421
199703 1,302.857 67.506 1,652.186
199706 1,035.897 67.632 1,311.188
199709 810.000 68.012 1,019.535
199712 721.053 68.054 907.016
199803 318.421 68.434 398.321
199806 1,935.088 68.771 2,408.771
199809 1,580.952 69.025 1,960.729
199812 907.813 69.151 1,123.827
199903 1,340.000 69.615 1,647.793
199906 534.615 70.122 652.668
199909 -173.418 70.839 -209.568
199912 -363.110 71.008 -437.760
200003 336.050 72.231 398.274
200006 5,754.265 72.737 6,772.278
200009 4,693.624 73.286 5,482.650
200012 4,797.406 73.413 5,594.215
200103 4,069.865 74.341 4,686.580
200106 3,515.564 75.100 4,007.349
200109 2,836.747 75.227 3,228.132
200112 2,599.701 74.552 2,985.170
200203 2,153.019 75.438 2,443.221
200206 2,110.914 75.902 2,380.793
200209 2,854.245 76.366 3,199.595
200212 2,334.906 76.324 2,618.866
200303 2,056.997 77.716 2,265.826
200306 1,660.130 77.505 1,833.644
200309 1,341.648 78.138 1,469.872
200312 2,670.824 77.758 2,940.372
200403 425.118 79.066 460.280
200406 -3,339.597 80.037 -3,571.977
200409 -3,527.843 80.121 -3,769.352
200412 -1,813.737 80.290 -1,933.827
200503 -1,849.215 81.555 -1,941.055
200506 1,424.824 82.062 1,486.360
200509 1,374.317 83.876 1,402.662
200512 1,317.117 83.032 1,357.943
200603 1,250.933 84.298 1,270.342
200606 1,172.979 85.606 1,172.979
200609 1,111.120 85.606 1,111.120

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


The Pegasus  (OTCPK:PEGX) 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.


Be Aware

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


The Pegasus Cyclically Adjusted Book per Share Related Terms

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


The Pegasus (The Pegasus) Business Description

Traded in Other Exchanges
N/A
Address
225 City Line Avenue, Suite 100, Bala Cynwyd, PA, USA, 19004
The Pegasus Companies Inc is the holding company for a variety of satellite and media companies. The company previously operated as an independent provider of DIRECTV to more than 1.1 million subscribers but went into bankruptcy following the termination of the relationship. The company primarily owns and operates six broadcast TV stations and operates three others. These stations serve markets in Tennessee, Florida, Pennsylvania, and Maine.
Executives
Peninsula Investment Partners, L.p. 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
Peninsula Capital Advisors Llc 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
James Mcentee director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Ronald B Stark officer: Principal Accounting Officer C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Par Capital Management Inc 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Pegasus Capital Llc 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902

The Pegasus (The Pegasus) Headlines

No Headlines