GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Corus Entertainment Inc (STU:9CO) » Definitions » Cyclically Adjusted Book per Share

Corus Entertainment (STU:9CO) Cyclically Adjusted Book per Share : €6.75 (As of Feb. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Corus Entertainment 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.

Corus Entertainment's adjusted book value per share for the three months ended in Feb. 2024 was €1.137. 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 €6.75 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Corus Entertainment's average Cyclically Adjusted Book Growth Rate was -12.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.50% 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 Corus Entertainment was 3.20% per year. The lowest was -5.00% per year. And the median was 0.30% per year.

As of today (2024-05-25), Corus Entertainment's current stock price is €0.316. Corus Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €6.75. Corus Entertainment's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Corus Entertainment was 2.01. The lowest was 0.05. And the median was 0.47.


Corus Entertainment Cyclically Adjusted Book per Share Historical Data

The historical data trend for Corus Entertainment'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.

Corus Entertainment Cyclically Adjusted Book per Share Chart

Corus Entertainment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.03 8.19 8.09 9.15 7.36

Corus Entertainment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 7.93 8.41 7.36 5.13 6.75

Competitive Comparison of Corus Entertainment's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Corus Entertainment'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.


Corus Entertainment's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Corus Entertainment 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, Corus Entertainment's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.137/125.4675*125.4675
=1.137

Current CPI (Feb. 2024) = 125.4675.

Corus Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201405 10.050 99.394 12.686
201408 10.361 99.315 13.089
201411 10.927 99.078 13.837
201502 10.006 99.078 12.671
201505 10.170 100.263 12.727
201508 9.422 100.579 11.753
201511 9.793 100.421 12.235
201602 9.676 100.421 12.089
201605 8.261 101.765 10.185
201608 8.098 101.686 9.992
201611 8.228 101.607 10.160
201702 8.469 102.476 10.369
201705 7.910 103.108 9.625
201708 7.950 103.108 9.674
201711 7.935 103.740 9.597
201802 7.626 104.688 9.140
201805 4.677 105.399 5.568
201808 4.768 106.031 5.642
201811 4.979 105.478 5.923
201902 4.907 106.268 5.794
201905 4.980 107.927 5.789
201908 5.101 108.085 5.921
201911 5.424 107.769 6.315
202002 5.453 108.559 6.302
202005 2.822 107.532 3.293
202008 2.758 108.243 3.197
202011 3.012 108.796 3.474
202102 3.128 109.745 3.576
202105 3.436 111.404 3.870
202108 3.456 112.668 3.849
202111 3.836 113.932 4.224
202202 3.830 115.986 4.143
202205 4.131 120.016 4.319
202208 2.881 120.569 2.998
202211 2.815 121.675 2.903
202302 2.640 122.070 2.713
202305 0.887 124.045 0.897
202308 1.084 125.389 1.085
202311 1.168 125.468 1.168
202402 1.137 125.468 1.137

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


Corus Entertainment  (STU:9CO) 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.

Corus Entertainment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.316/6.75
=0.05

* 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 Corus Entertainment was 2.01. The lowest was 0.05. And the median was 0.47.


Be Aware

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


Corus Entertainment Cyclically Adjusted Book per Share Related Terms

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


Corus Entertainment (STU:9CO) Business Description

Traded in Other Exchanges
Address
25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5
Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.

Corus Entertainment (STU:9CO) Headlines

No Headlines