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Corus Entertainment (TSX:CJR.B) Cyclically Adjusted Book per Share : C$8.12 (As of Feb. 2025)


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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. 2025 was C$-2.141. 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 C$8.12 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Corus Entertainment's average Cyclically Adjusted Book Growth Rate was -19.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.20% 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 Corus Entertainment was 3.20% per year. The lowest was -9.40% per year. And the median was 0.20% per year.

As of today (2025-05-16), Corus Entertainment's current stock price is C$0.105. Corus Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was C$8.12. Corus Entertainment's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Corus Entertainment was 1.33. The lowest was 0.01. And the median was 0.40.


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 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.75 12.28 12.00 10.94 9.13

Corus Entertainment Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 10.02 9.65 9.13 8.57 8.12

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.


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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. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=-2.141/128.7859*128.7859
=-2.141

Current CPI (Feb. 2025) = 128.7859.

Corus Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201505 13.835 100.263 17.771
201508 13.794 100.579 17.662
201511 13.953 100.421 17.894
201602 14.801 100.421 18.982
201605 12.097 101.765 15.309
201608 11.801 101.686 14.946
201611 11.924 101.607 15.114
201702 11.823 102.476 14.859
201705 11.892 103.108 14.854
201708 11.833 103.108 14.780
201711 11.897 103.740 14.769
201802 11.852 104.688 14.580
201805 7.113 105.399 8.691
201808 7.181 106.031 8.722
201811 7.471 105.478 9.122
201902 7.357 106.268 8.916
201905 7.498 107.927 8.947
201908 7.532 108.085 8.975
201911 7.934 107.769 9.481
202002 7.900 108.559 9.372
202005 4.300 107.532 5.150
202008 4.318 108.243 5.137
202011 4.655 108.796 5.510
202102 4.803 109.745 5.636
202105 5.062 111.404 5.852
202108 5.123 112.668 5.856
202111 5.503 113.932 6.220
202202 5.526 115.986 6.136
202205 5.616 120.016 6.026
202208 3.770 120.569 4.027
202211 3.862 121.675 4.088
202302 3.803 122.070 4.012
202305 1.303 124.045 1.353
202308 1.593 125.389 1.636
202311 1.733 125.468 1.779
202402 1.656 125.468 1.700
202405 -2.208 127.601 -2.229
202408 -2.334 127.838 -2.351
202411 -2.263 127.838 -2.280
202502 -2.141 128.786 -2.141

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


Corus Entertainment  (TSX:CJR.B) 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
=0.105/8.12
=0.01

* 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 1.33. The lowest was 0.01. And the median was 0.40.


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 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 include Television, and Radio. The Television segment is comprised of its conventional television stations, streaming platforms, a social media digital agency, a social media creator network, technology, and media services. The Radio segment is comprised of several radio stations across Canada which are distributed through over-the-air, analog radio transmission, with additional delivery platforms including HD Radio, websites, podcasts, and mobile apps. A majority of the company's revenue is generated from the Television segment. Geographically, it derives key revenue from Canada and the rest from International markets.

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