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Cogeco Communications (STU:COG) Cyclically Adjusted Book per Share : €34.60 (As of Feb. 2024)


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What is Cogeco Communications 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.

Cogeco Communications's adjusted book value per share for the three months ended in Feb. 2024 was €47.765. 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 €34.60 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Cogeco Communications's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Cogeco Communications was 12.20% per year. The lowest was 2.90% per year. And the median was 5.40% per year.

As of today (2024-05-26), Cogeco Communications's current stock price is €37.20. Cogeco Communications's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €34.60. Cogeco Communications's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cogeco Communications was 3.64. The lowest was 1.06. And the median was 2.50.


Cogeco Communications Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cogeco Communications'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.

Cogeco Communications Cyclically Adjusted Book per Share Chart

Cogeco Communications 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 - - - - 32.20

Cogeco Communications 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 - 34.09 32.20 33.49 34.60

Competitive Comparison of Cogeco Communications's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cogeco Communications 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, Cogeco Communications'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)
=47.765/125.4675*125.4675
=47.765

Current CPI (Feb. 2024) = 125.4675.

Cogeco Communications Quarterly Data

Book Value per Share CPI Adj_Book
201405 19.843 99.394 25.048
201408 21.120 99.315 26.681
201411 22.445 99.078 28.423
201502 23.339 99.078 29.555
201505 25.054 100.263 31.352
201508 24.406 100.579 30.445
201511 25.715 100.421 32.129
201602 24.544 100.421 30.666
201605 19.933 101.765 24.576
201608 19.183 101.686 23.669
201611 20.100 101.607 24.820
201702 21.732 102.476 26.608
201705 20.978 103.108 25.527
201708 21.703 103.108 26.409
201711 22.318 103.740 26.992
201802 24.278 104.688 29.097
201805 25.416 105.399 30.255
201808 26.755 106.031 31.659
201811 27.598 105.478 32.828
201902 28.046 106.268 33.113
201905 29.276 107.927 34.034
201908 30.156 108.085 35.006
201911 31.231 107.769 36.360
202002 31.972 108.559 36.952
202005 30.997 107.532 36.167
202008 30.233 108.243 35.044
202011 31.631 108.796 36.478
202102 32.439 109.745 37.087
202105 33.748 111.404 38.008
202108 34.782 112.668 38.733
202111 37.128 113.932 40.887
202202 38.306 115.986 41.437
202205 42.193 120.016 44.110
202208 45.925 120.569 47.791
202211 45.812 121.675 47.240
202302 44.713 122.070 45.957
202305 44.462 124.045 44.972
202308 45.238 125.389 45.267
202311 45.515 125.468 45.515
202402 47.765 125.468 47.765

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


Cogeco Communications  (STU:COG) 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.

Cogeco Communications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.20/34.6
=1.08

* 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 Cogeco Communications was 3.64. The lowest was 1.06. And the median was 2.50.


Be Aware

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


Cogeco Communications Cyclically Adjusted Book per Share Related Terms

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


Cogeco Communications (STU:COG) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.

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