News (ASX:NWS) Cyclically Adjusted PB Ratio: 1.46 (As of Jul. 11, 2026) — 20% Above Median


ASX:NWS News Corp ASX:NWS
65 GF Score
Price A$45.10
GF Value A$48.01
Valuation Fairly Valued
! 5 Warning Signs
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What is News Cyclically Adjusted PB Ratio?

News ASX:NWS +2.73% 65 Cyclically Adjusted PB Ratio is 1.46 as of Jul. 11, 2026, which is 20% above its 10-year median of 1.22. GuruFocus rates ASX:NWS with a GF Score™ of 65/100 and a GF Value™ of A$48.01 (Fairly Valued). The stock has 5 warning signs investors should review. Among 721 Media - Diversified companies, News ranks worse than 63.52% on this metric.

As of today (2026-07-11), News's current share price is A$45.10. News's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was A$30.96. News's Cyclically Adjusted PB Ratio for today is 1.46.

The historical rank and industry rank for News's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:NWS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.22   Max: 1.61
Current: 1.47

During the past years, News's highest Cyclically Adjusted PB Ratio was 1.61. The lowest was 0.71. And the median was 1.22.

ASX:NWS's Cyclically Adjusted PB Ratio is ranked worse than
63.52% of 721 companies
in the Media - Diversified industry
Industry Median: 1 vs ASX:NWS: 1.47

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.

News's adjusted book value per share data for the three months ended in Mar. 2026 was A$22.231. 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 A$30.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


News  (ASX:NWS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


News Cyclically Adjusted PB Ratio Related Terms


News Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for News's Cyclically Adjusted PB Ratio 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.

News Cyclically Adjusted PB Ratio Chart

News Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.73 0.94 1.38 1.56

News Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 1.42 1.56 1.63 1.41 1.34

ASX:NWS vs WMG, TKO, PSKY: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, News'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.


News Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


ASX:NWS
65GF Score
News Corp ASX:NWS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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News Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

News's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.10/30.96
=1.46

* 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.

News's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, News's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=22.231/330.2130*330.2130
=22.231

Current CPI (Mar. 2026) = 330.2130.

News Quarterly Data

Book Value per Share CPI Adj_Book
201606 26.931 241.018 36.898
201609 26.122 241.428 35.728
201612 25.644 241.432 35.074
201703 25.123 243.801 34.028
201706 24.510 244.955 33.041
201709 23.489 246.819 31.425
201712 24.377 246.524 32.652
201803 21.440 249.554 28.370
201806 21.259 251.989 27.858
201809 21.979 252.439 28.751
201812 22.095 251.233 29.041
201903 22.418 254.202 29.121
201906 22.500 256.143 29.006
201909 21.736 256.759 27.954
201912 22.112 256.974 28.414
202003 21.401 258.115 27.379
202006 18.667 257.797 23.911
202009 17.902 260.280 22.712
202012 18.280 260.474 23.174
202103 17.976 264.877 22.410
202106 18.177 271.696 22.092
202109 18.951 274.310 22.813
202112 19.834 278.802 23.491
202203 19.464 287.504 22.355
202206 20.021 296.311 22.312
202209 20.390 296.808 22.685
202212 20.894 296.797 23.246
202303 21.057 301.836 23.037
202306 21.007 305.109 22.735
202309 21.445 307.789 23.007
202312 21.393 306.746 23.030
202403 21.523 312.332 22.755
202406 21.488 314.175 22.585
202409 21.413 315.301 22.426
202412 22.658 315.605 23.707
202503 22.975 319.799 23.723
202506 23.837 322.561 24.402
202509 23.402 324.800 23.792
202512 23.729 324.054 24.180
202603 22.231 330.213 22.231

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

What does a Cyclically Adjusted PB Ratio of 1.46 mean?
News (ASX:NWS) has a Cyclically Adjusted PB Ratio of 1.46 as of Jul. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on News and its competitors. This is 20% above median its historical median of 1.22. Over the past decade, News' Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.61. According to the industry distribution chart, News ranks #458 out of 721 companies in the Media - Diversified industry, placing it in the top 63.5%.
Is News' Cyclically Adjusted PB Ratio too high?
News' current Cyclically Adjusted PB Ratio of 1.46 is 20% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.61. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.00. News' value of 1.46 is 46% above this industry median. Based on the distribution chart, News ranks #458 out of 721 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, News has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does News' Cyclically Adjusted PB Ratio compare to WMG and TKO?
According to the Media - Diversified industry distribution chart, News ranks #458 out of 721 companies for Cyclically Adjusted PB Ratio. This places News in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. News' value of 1.46 is 46% above this benchmark. Historically, News' own Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.61 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.00, News has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.00, based on 721 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. News's current Cyclically Adjusted PB Ratio of 1.46 is 46% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on News and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. News's current Cyclically Adjusted PB Ratio is 1.46, which is 20% above median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is News stock overvalued right now?
Based on GuruFocus' analysis, News (ASX:NWS) is currently considered Fairly Valued. The stock's GF Value™ is A$48.01, compared to a current price of A$45.10 — trading 6.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.46, which is 20% above median its 10-year median of 1.22 and 46% above the Media - Diversified industry median of 1.00. News' overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For News (ASX:NWS), the current Cyclically Adjusted PB Ratio is 1.46 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is News (ASX:NWS) Overvalued in 2026?

Based on GuruFocus' analysis, News stock appears to be undervalued. The current stock price of A$45.10 is trading 6.1% below its estimated GF Value™ of A$48.01. GuruFocus considers News to be Fairly Valued.

Key valuation signals for ASX:NWS:

  • Cyclically Adjusted PB Ratio: 1.46 (20% above median its 10-year median of 1.22)
  • GF Value™: A$48.01 vs. price of A$45.10 (6.1% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 46% above the Media - Diversified median (#458 of 721)

No single metric tells the full story. See the ASX:NWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


News Business Description

Address 1211 Avenue of the Americas, New York, NY, USA, 10036
News Corporation is a diversified media conglomerate with significant presence in the US, the UK, and Australia. Key mastheads include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. Its 61%-owned REA Group is the dominant property listings platform in Australia. In addition, it owns Harper Collins, one of the largest book publishers in the world, and has a sizable US digital property advertising business, Move. The 65% interest in Foxtel, the Australian pay-TV and streaming provider, was sold in April 2025. The sale to global sports streaming platform, DAZN, was struck at more than 7 times Foxtel's EBITDA.
65GF Score

Get the complete analysis for ASX:NWS

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$45.10
Price
A$48.01
GF Value