Highlight Event and Entertainment AG (CHIX:HLEEZ) Cyclically Adjusted PB Ratio : 1.18 (As of May. 25, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Highlight Event and Entertainment AG Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Highlight Event and Entertainment AG's current share price is CHF11.50. Highlight Event and Entertainment AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF9.73. Highlight Event and Entertainment AG's Cyclically Adjusted PB Ratio for today is 1.18.

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

CHIX:HLEEz' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.22 Max: 2.87
Current: 0.66

During the past 13 years, Highlight Event and Entertainment AG's highest Cyclically Adjusted PB Ratio was 2.87. The lowest was 0.63. And the median was 1.22.

CHIX:HLEEz's Cyclically Adjusted PB Ratio is ranked better than
68.63% of 663 companies
in the Media - Diversified industry
Industry Median: 1.11 vs CHIX:HLEEz: 0.66

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.

Highlight Event and Entertainment AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF6.200. 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 CHF9.73 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Highlight Event and Entertainment AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Highlight Event and Entertainment AG'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.

Highlight Event and Entertainment AG Cyclically Adjusted PB Ratio Chart

Highlight Event and Entertainment AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

1.87

2.29

2.26

1.58

1.18

Highlight Event and Entertainment AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															2.26	-	1.58	-	1.18

Competitive Comparison of Highlight Event and Entertainment AG's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Highlight Event and Entertainment AG'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.

Highlight Event and Entertainment AG's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Highlight Event and Entertainment AG's Cyclically Adjusted PB Ratio falls into.

Highlight Event and Entertainment AG 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.

Highlight Event and Entertainment AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	11.50	/	9.73
	=	1.18

Highlight Event and Entertainment AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Highlight Event and Entertainment AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book	=	Book Value per Share	/	CPI of Dec23 (Change)	*	Current CPI (Dec23)
	=	6.2	/	106.4612	*	106.4612
	=	6.200

Current CPI (Dec23) = 106.4612.

Highlight Event and Entertainment AG Annual Data

	Book Value per Share	CPI	Adj_Book
201412	10.324	100.704	10.914
201512	10.026	99.386	10.740
201612	13.463	99.380	14.422
201712	17.450	100.213	18.538
201812	15.402	100.906	16.250
201912	10.433	101.063	10.990
202012	7.195	100.241	7.641
202112	7.258	101.776	7.592
202212	5.775	104.666	5.874
202312	6.200	106.461	6.200

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.

Highlight Event and Entertainment AG (CHIX:HLEEz) 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.

Highlight Event and Entertainment AG Cyclically Adjusted PB Ratio Related Terms

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

Highlight Event and Entertainment AG (CHIX:HLEEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Highlight Event and Entertainment AG (CHIX:HLEEz) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

HLEE:Switzerland

Address

Netzibodenstrasse 23b, Pratteln, CHE, CH-4133

Website

https://www.hlee.ch

Highlight Event and Entertainment AG is engaged in the business of event marketing and entertainment which consist of marketing rights for the Vienna Philharmonic orchestra and the Eurovision song contest. The company's business segment includes Film segment, the Sports and Events segment and Others segment. It generates maximum revenue from the Film segment. Geographically, it operates in Switzerland, Germany, the Rest of Europe and the Rest of world.

Highlight Event and Entertainment AG (CHIX:HLEEZ) Headlines

No Headlines