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SOHU (Sohu.com) Cyclically Adjusted Book per Share : $24.95 (As of Dec. 2024)


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What is Sohu.com 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.

Sohu.com's adjusted book value per share for the three months ended in Dec. 2024 was $30.678. 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 $24.95 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Sohu.com's average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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 Sohu.com was 35.40% per year. The lowest was -1.70% per year. And the median was 10.35% per year.

As of today (2025-04-13), Sohu.com's current stock price is $8.37. Sohu.com's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $24.95. Sohu.com's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sohu.com was 3.69. The lowest was 0.21. And the median was 0.68.


Sohu.com Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sohu.com'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.

Sohu.com Cyclically Adjusted Book per Share Chart

Sohu.com 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 26.15 25.80 26.25 25.57 24.95

Sohu.com Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 25.57 25.47 25.18 25.28 24.95

Competitive Comparison of Sohu.com's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Sohu.com'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.


Sohu.com's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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


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Sohu.com 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, Sohu.com's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=30.678/114.8925*114.8925
=30.678

Current CPI (Dec. 2024) = 114.8925.

Sohu.com Quarterly Data

Book Value per Share CPI Adj_Book
201503 30.586 99.900 35.176
201506 30.388 99.500 35.089
201509 33.118 100.500 37.861
201512 32.107 100.600 36.669
201603 31.621 102.200 35.548
201606 29.914 101.400 33.894
201609 27.994 102.400 31.409
201612 25.646 102.600 28.719
201703 23.932 103.200 26.643
201706 22.069 103.100 24.593
201709 20.055 104.100 22.134
201712 19.375 104.500 21.302
201803 17.071 105.300 18.626
201806 15.840 104.900 17.349
201809 14.580 106.600 15.714
201812 15.010 106.500 16.193
201903 13.645 107.700 14.556
201906 12.138 107.700 12.949
201909 11.472 109.800 12.004
201912 10.911 111.200 11.273
202003 10.266 112.300 10.503
202006 7.358 110.400 7.657
202009 7.224 111.700 7.430
202012 8.838 111.500 9.107
202103 9.955 112.662 10.152
202106 11.601 111.769 11.925
202109 33.655 112.215 34.458
202112 33.774 113.108 34.307
202203 32.503 114.335 32.662
202206 34.979 114.558 35.081
202209 32.608 115.339 32.482
202212 32.885 115.116 32.821
202303 32.708 115.116 32.645
202306 30.844 114.558 30.934
202309 32.294 115.339 32.169
202312 32.042 114.781 32.073
202403 31.030 115.227 30.940
202406 30.048 114.781 30.077
202409 32.382 115.785 32.132
202412 30.678 114.893 30.678

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


Sohu.com  (NAS:SOHU) 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.

Sohu.com's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.37/24.95
=0.34

* 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 Sohu.com was 3.69. The lowest was 0.21. And the median was 0.68.


Be Aware

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


Sohu.com Cyclically Adjusted Book per Share Related Terms

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


Sohu.com Business Description

Traded in Other Exchanges
Address
No. 2 Kexueyuan South Road, Level 18, Block 3, SOHU.com Media Plaza, Haidian District, Beijing, CHN, 100190
Sohu.com Ltd provides online media, games, and search products and services on PCs and mobile devices in China. The company operates in Sohu and Changyou segments. Sohu is an online media content and services provider. Through its social features, Sohu also enables users to generate and distribute content, as well as interact with each other on a platform. Changyou is an online game developer and operator. It generates maximum revenue from the Changyou segment.