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Schibsted ASA (CHIX:SCHBO) Cyclically Adjusted PB Ratio : 3.34 (As of May. 23, 2024)


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What is Schibsted ASA Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Schibsted ASA's current share price is kr272.30. Schibsted ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr81.53. Schibsted ASA's Cyclically Adjusted PB Ratio for today is 3.34.

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

CHIX:SCHBo' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 3.33   Max: 7.27
Current: 3.28

During the past years, Schibsted ASA's highest Cyclically Adjusted PB Ratio was 7.27. The lowest was 1.70. And the median was 3.33.

CHIX:SCHBo's Cyclically Adjusted PB Ratio is ranked worse than
84.29% of 662 companies
in the Media - Diversified industry
Industry Median: 1.115 vs CHIX:SCHBo: 3.28

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.

Schibsted ASA's adjusted book value per share data for the three months ended in Mar. 2024 was kr192.195. 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 kr81.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schibsted ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Schibsted ASA'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.

Schibsted ASA Cyclically Adjusted PB Ratio Chart

Schibsted ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 6.05 4.36 2.10 2.90

Schibsted ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.94 2.00 2.49 2.90 3.34

Competitive Comparison of Schibsted ASA's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Schibsted ASA'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.


Schibsted ASA's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Schibsted ASA 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.

Schibsted ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=272.30/81.53
=3.34

* 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.

Schibsted ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Schibsted ASA'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)
=192.195/132.6000*132.6000
=192.195

Current CPI (Mar. 2024) = 132.6000.

Schibsted ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 64.219 97.500 87.338
201409 59.762 98.500 80.451
201412 61.068 98.600 82.126
201503 65.269 99.200 87.245
201506 32.237 100.100 42.704
201509 49.555 100.600 65.318
201512 47.697 100.900 62.682
201603 47.230 102.500 61.099
201606 45.445 103.800 58.054
201609 43.679 104.200 55.584
201612 45.277 104.400 57.507
201703 45.965 105.000 58.047
201706 51.432 105.800 64.460
201709 51.028 105.900 63.893
201712 62.102 106.100 77.613
201803 60.410 107.300 74.654
201806 57.597 108.500 70.390
201809 58.678 109.500 71.057
201812 60.471 109.800 73.028
201903 59.458 110.400 71.414
201906 46.652 110.600 55.932
201909 45.281 111.100 54.044
201912 44.830 111.300 53.409
202003 46.257 111.200 55.159
202006 45.708 112.100 54.067
202009 45.971 112.900 53.993
202012 43.524 112.900 51.119
202103 41.909 114.600 48.492
202106 304.120 115.300 349.751
202109 305.163 117.500 344.380
202112 218.993 118.900 244.226
202203 149.870 119.800 165.883
202206 132.460 122.600 143.264
202209 122.309 125.600 129.126
202212 122.519 125.900 129.039
202303 137.298 127.600 142.678
202306 129.377 130.400 131.560
202309 187.995 129.800 192.050
202312 197.414 131.900 198.462
202403 192.195 132.600 192.195

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.


Schibsted ASA  (CHIX:SCHBo) 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.


Schibsted ASA Cyclically Adjusted PB Ratio Related Terms

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


Schibsted ASA (CHIX:SCHBO) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (CHIX:SCHBO) Headlines

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