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News (ASX:NWSLV) Cyclically Adjusted PB Ratio : 1.36 (As of Dec. 12, 2024)


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What is News Cyclically Adjusted PB Ratio?

As of today (2024-12-12), News's current share price is A$40.00. News's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was A$29.46. News's Cyclically Adjusted PB Ratio for today is 1.36.

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

ASX:NWSLV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.08   Max: 1.51
Current: 1.48

During the past years, News's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.71. And the median was 1.08.

ASX:NWSLV's Cyclically Adjusted PB Ratio is ranked worse than
58% of 650 companies
in the Media - Diversified industry
Industry Median: 1.16 vs ASX:NWSLV: 1.48

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 Sep. 2024 was A$21.413. 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$29.46 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


News Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

News Cyclically Adjusted PB Ratio Chart

News Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.27 0.73 0.94 1.38

News Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.97 1.21 1.30 1.38 1.36

Competitive Comparison of News's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=40.00/29.46
=1.36

* 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 Sep. 2024 is calculated as:

For example, News's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=21.413/133.0289*133.0289
=21.413

Current CPI (Sep. 2024) = 133.0289.

News Quarterly Data

Book Value per Share CPI Adj_Book
201412 26.302 99.070 35.318
201503 27.474 99.621 36.687
201506 26.620 100.684 35.172
201509 28.311 100.392 37.515
201512 27.996 99.792 37.320
201603 26.770 100.470 35.445
201606 26.931 101.688 35.231
201609 26.122 101.861 34.115
201612 25.644 101.863 33.490
201703 25.123 102.862 32.491
201706 24.510 103.349 31.549
201709 23.489 104.136 30.006
201712 24.377 104.011 31.178
201803 21.440 105.290 27.089
201806 21.259 106.317 26.600
201809 21.979 106.507 27.452
201812 22.095 105.998 27.730
201903 22.418 107.251 27.806
201906 22.500 108.070 27.697
201909 21.736 108.329 26.692
201912 22.112 108.420 27.131
202003 21.401 108.902 26.142
202006 18.667 108.767 22.831
202009 17.902 109.815 21.686
202012 18.280 109.897 22.128
202103 17.976 111.754 21.398
202106 18.177 114.631 21.094
202109 18.951 115.734 21.783
202112 19.834 117.630 22.431
202203 19.464 121.301 21.346
202206 20.021 125.017 21.304
202209 20.390 125.227 21.660
202212 20.894 125.222 22.197
202303 21.057 127.348 21.996
202306 21.007 128.729 21.709
202309 21.445 129.860 21.968
202312 21.393 129.419 21.990
202403 21.523 131.776 21.728
202406 21.488 132.554 21.565
202409 21.413 133.029 21.413

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.


News  (ASX:NWSLV) 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

Thank you for viewing the detailed overview of News's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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. The company also has a strong presence in the Australian subscription video market through 65%-owned Foxtel, and streaming platforms such as sport-focused Kayo and entertainment-focused Binge. Its 61%-owned REA Group is the dominant property listings business 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.

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