GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Netflix Inc (XSWX:NFLX) » Definitions » Cyclically Adjusted Book per Share

Netflix (XSWX:NFLX) Cyclically Adjusted Book per Share : CHF0.00 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Netflix Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Netflix's adjusted book value per share for the three months ended in Mar. 2024 was CHF42.866. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Netflix's average Cyclically Adjusted Book Growth Rate was 27.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 40.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 39.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 35.00% 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 Netflix was 42.00% per year. The lowest was 29.50% per year. And the median was 32.00% per year.

As of today (2024-05-05), Netflix's current stock price is CHF382.00. Netflix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF0.00. Netflix's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Netflix was 120.20. The lowest was 12.53. And the median was 54.44.


Netflix Cyclically Adjusted Book per Share Historical Data

The historical data trend for Netflix'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.

Netflix Cyclically Adjusted Book per Share Chart

Netflix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 5.58 - - -

Netflix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Netflix's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Netflix'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.


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

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

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



Netflix 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, Netflix's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=42.866/129.4194*129.4194
=42.866

Current CPI (Mar. 2024) = 129.4194.

Netflix Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.428 100.560 4.412
201409 3.832 100.428 4.938
201412 4.284 99.070 5.596
201503 4.408 99.621 5.727
201506 4.446 100.684 5.715
201509 4.932 100.392 6.358
201512 5.170 99.792 6.705
201603 5.308 100.470 6.837
201606 5.463 101.688 6.953
201609 5.735 101.861 7.287
201612 6.352 101.863 8.070
201703 6.910 102.862 8.694
201706 6.979 103.349 8.739
201709 7.401 104.136 9.198
201712 8.157 104.011 10.150
201803 8.769 105.290 10.779
201806 10.223 106.317 12.444
201809 11.124 106.507 13.517
201812 11.902 105.998 14.532
201903 13.051 107.251 15.749
201906 13.778 108.070 16.500
201909 15.509 108.329 18.528
201912 16.978 108.420 20.266
202003 18.343 108.902 21.799
202006 20.136 108.767 23.959
202009 21.399 109.815 25.219
202012 22.196 109.897 26.139
202103 27.048 111.754 31.323
202106 28.417 114.631 32.083
202109 31.909 115.734 35.682
202112 32.959 117.630 36.262
202203 36.816 121.301 39.280
202206 41.788 125.017 43.260
202209 45.112 125.227 46.622
202212 43.704 125.222 45.169
202303 45.614 127.348 46.356
202306 46.418 128.729 46.667
202309 44.905 129.860 44.753
202312 40.201 129.419 40.201
202403 42.866 129.419 42.866

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


Netflix  (XSWX:NFLX) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Netflix was 120.20. The lowest was 12.53. And the median was 54.44.


Be Aware

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


Netflix Cyclically Adjusted Book per Share Related Terms

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


Netflix (XSWX:NFLX) Business Description

Address
121 Albright Way, Los Gatos, CA, USA, 95032
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with almost 250 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.

Netflix (XSWX:NFLX) Headlines