CMGO (CMG Holdings Group) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is CMG Holdings Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CMG Holdings Group  (OTCPK:CMGO) 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.


CMG Holdings Group Cyclically Adjusted PB Ratio Related Terms


CMG Holdings Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CMG Holdings Group'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.

CMG Holdings Group Cyclically Adjusted PB Ratio Chart

CMG Holdings Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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CMG Holdings Group 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 0.00 0.00 0.00 0.00 0.00

CMGO vs NWCN, MMND, DBMM: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, CMG Holdings Group'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.


CMG Holdings Group Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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



CMG Holdings Group 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.

CMG Holdings Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, CMG Holdings Group'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)
=0.001/315.3010*315.3010
=0.001

Current CPI (Sep. 2024) = 315.3010.

CMG Holdings Group Quarterly Data

Book Value per Share CPI Adj_Book
201112 -0.048 225.672 -0.067
201203 -0.037 229.392 -0.051
201206 -0.021 229.478 -0.029
201209 -0.009 231.407 -0.012
201212 -0.005 229.601 -0.007
201303 -0.005 232.773 -0.007
201306 0.003 233.504 0.004
201309 0.002 234.149 0.003
201312 -0.001 233.049 -0.001
201403 0.000 236.293 0.000
201406 -0.002 238.343 -0.003
201409 -0.003 238.031 -0.004
201412 -0.004 234.812 -0.005
201503 -0.005 236.119 -0.007
201506 -0.005 238.638 -0.007
201509 -0.003 237.945 -0.004
201512 -0.002 236.525 -0.003
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 0.000 256.974 0.000
202003 0.000 258.115 0.000
202006 0.000 257.797 0.000
202009 0.000 260.280 0.000
202012 0.000 260.474 0.000
202103 0.000 264.877 0.000
202106 0.001 271.696 0.001
202109 0.002 274.310 0.002
202112 0.002 278.802 0.002
202203 0.002 287.504 0.002
202206 0.002 296.311 0.002
202209 0.002 296.808 0.002
202212 0.002 296.797 0.002
202303 0.001 301.836 0.001
202306 0.001 305.109 0.001
202309 0.001 307.789 0.001
202312 0.001 306.746 0.001
202403 0.001 312.332 0.001
202406 0.001 314.175 0.001
202409 0.001 315.301 0.001

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.


CMG Holdings Group Business Description

Address 2130 North Lincoln Park West 8 North, Chicago, IL, USA, 60614
CMG Holdings Group Inc is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. It operates in two segments: XA and CMG Holding Group.