News (ASX:NWS) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:NWS News Corp ASX:NWS
66 GF Score
Price A$47.85
GF Value A$47.79
Valuation Fairly Valued
! 6 Warning Signs
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What is News Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.94 1.38 1.56 1.34

News Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.56 1.63 1.41 1.34 1.34

ASX:NWS vs WMG, TKO, SIRI: 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
66GF Score
News Corp ASX:NWS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.103/333.9520*333.9520
=22.103

Current CPI (Jun. 2026) = 333.9520.

News Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.122 241.428 36.133
201612 25.644 241.432 35.471
201703 25.123 243.801 34.413
201706 24.510 244.955 33.415
201709 23.489 246.819 31.781
201712 24.377 246.524 33.022
201803 21.440 249.554 28.691
201806 21.259 251.989 28.174
201809 21.979 252.439 29.076
201812 22.095 251.233 29.370
201903 22.418 254.202 29.451
201906 22.500 256.143 29.335
201909 21.736 256.759 28.271
201912 22.112 256.974 28.736
202003 21.401 258.115 27.689
202006 18.667 257.797 24.181
202009 17.902 260.280 22.969
202012 18.280 260.474 23.437
202103 17.976 264.877 22.664
202106 18.177 271.696 22.342
202109 18.951 274.310 23.071
202112 19.834 278.802 23.757
202203 19.464 287.504 22.609
202206 20.021 296.311 22.564
202209 20.390 296.808 22.942
202212 20.894 296.797 23.510
202303 21.057 301.836 23.298
202306 21.007 305.109 22.993
202309 21.445 307.789 23.268
202312 21.393 306.746 23.290
202403 21.523 312.332 23.013
202406 21.488 314.175 22.841
202409 21.413 315.301 22.680
202412 22.658 315.605 23.975
202503 22.975 319.799 23.992
202506 23.837 322.561 24.679
202509 23.402 324.800 24.061
202512 23.729 324.054 24.454
202603 22.231 330.213 22.483
202606 22.103 333.952 22.103

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.

Is News (ASX:NWS) Overvalued in 2026?

Based on GuruFocus' analysis, News stock appears to be overvalued. The current stock price of A$47.85 is trading 0.1% above its estimated GF Value™ of A$47.79. GuruFocus considers News to be Fairly Valued.

Key valuation signals for ASX:NWS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: A$47.79 vs. price of A$47.85 (0.1% above fair value)
  • GF Score™: 66/100 with 6 warning signs

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.
66GF 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$47.85
Price
A$47.79
GF Value