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Yellow Pages (Yellow Pages) Cyclically Adjusted Book per Share : $7.04 (As of Mar. 2024)


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What is Yellow Pages 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.

Yellow Pages's adjusted book value per share for the three months ended in Mar. 2024 was $2.939. 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 $7.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yellow Pages's average Cyclically Adjusted Book Growth Rate was -14.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.20% 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 Yellow Pages was -1.20% per year. The lowest was -1.20% per year. And the median was -1.20% per year.

As of today (2024-05-27), Yellow Pages's current stock price is $6.80. Yellow Pages's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.04. Yellow Pages's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yellow Pages was 1.44. The lowest was 0.97. And the median was 1.17.


Yellow Pages Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yellow Pages'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.

Yellow Pages Cyclically Adjusted Book per Share Chart

Yellow Pages 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 - 8.30 8.38 8.65 7.70

Yellow Pages 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 8.62 8.35 8.06 7.70 7.04

Competitive Comparison of Yellow Pages's Cyclically Adjusted Book per Share

For the Publishing subindustry, Yellow Pages'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.


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

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

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



Yellow Pages 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, Yellow Pages'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)
=2.939/126.2576*126.2576
=2.939

Current CPI (Mar. 2024) = 126.2576.

Yellow Pages Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.195 99.473 24.363
201409 18.810 99.394 23.894
201412 21.207 98.367 27.220
201503 19.944 99.789 25.234
201506 21.192 100.500 26.623
201509 20.222 100.421 25.425
201512 19.736 99.947 24.931
201603 20.138 101.054 25.161
201606 19.915 102.002 24.651
201609 19.474 101.765 24.161
201612 10.493 101.449 13.059
201703 10.070 102.634 12.388
201706 9.802 103.029 12.012
201709 10.707 103.345 13.081
201712 -5.576 103.345 -6.812
201803 -5.666 105.004 -6.813
201806 -4.947 105.557 -5.917
201809 -3.982 105.636 -4.759
201812 -3.159 105.399 -3.784
201903 -2.826 106.979 -3.335
201906 -2.544 107.690 -2.983
201909 -2.090 107.611 -2.452
201912 -0.451 107.769 -0.528
202003 0.596 107.927 0.697
202006 0.658 108.401 0.766
202009 0.490 108.164 0.572
202012 0.822 108.559 0.956
202103 1.644 110.298 1.882
202106 1.841 111.720 2.081
202109 2.342 112.905 2.619
202112 3.304 113.774 3.667
202203 3.770 117.646 4.046
202206 3.841 120.806 4.014
202209 4.103 120.648 4.294
202212 2.595 120.964 2.709
202303 2.996 122.702 3.083
202306 3.418 124.203 3.475
202309 3.668 125.230 3.698
202312 2.290 125.072 2.312
202403 2.939 126.258 2.939

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


Yellow Pages  (OTCPK:YLWDF) 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.

Yellow Pages's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.80/7.04
=0.97

* 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 Yellow Pages was 1.44. The lowest was 0.97. And the median was 1.17.


Be Aware

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


Yellow Pages Cyclically Adjusted Book per Share Related Terms

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


Yellow Pages (Yellow Pages) Business Description

Traded in Other Exchanges
Address
1751 Richardson Street, Suite 2.300, Montreal, QC, CAN, H3K 1G6
Yellow Pages Ltd is a media and marketing solutions company in Canada, It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada.

Yellow Pages (Yellow Pages) Headlines

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