Emmis (EMMS) Cyclically Adjusted PB Ratio: (As of Jul. 07, 2026)


EMMS Emmis Corp EMMS
16 GF Score
Price $1.55
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What is Emmis Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Emmis  (OTCPK:EMMS) 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.


Emmis Cyclically Adjusted PB Ratio Related Terms


Emmis Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Emmis'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.

Emmis Cyclically Adjusted PB Ratio Chart

Emmis Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Emmis Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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

EMMS vs SALM, UONE, NTN: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, Emmis'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.


Emmis Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


EMMS
16GF Score
Emmis Corp EMMS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Emmis 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.

Emmis's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2020 is calculated as:

For example, Emmis's adjusted Book Value per Share data for the three months ended in Feb. 2020 was:

Adj_Book=Book Value per Share/CPI of Feb. 2020 (Change)*Current CPI (Feb. 2020)
=9.188/258.6780*258.6780
=9.188

Current CPI (Feb. 2020) = 258.6780.

Emmis Quarterly Data

Book Value per Share CPI Adj_Book
201005 -19.074 218.178 -22.615
201008 -19.107 218.312 -22.640
201011 -18.797 218.803 -22.223
201102 -19.857 221.309 -23.210
201105 -20.074 225.964 -22.980
201108 -20.623 226.545 -23.548
201111 -8.770 226.230 -10.028
201202 -10.456 227.663 -11.880
201205 -10.800 229.815 -12.156
201208 -6.785 230.379 -7.618
201211 -1.436 230.221 -1.614
201302 -0.984 232.166 -1.096
201305 -0.558 232.945 -0.620
201308 -0.259 233.877 -0.286
201311 0.230 233.069 0.255
201402 3.417 234.781 3.765
201405 3.652 237.900 3.971
201408 3.966 237.852 4.313
201411 4.262 236.151 4.669
201502 -5.393 234.722 -5.943
201505 -5.074 237.805 -5.519
201508 -4.485 238.316 -4.868
201511 -3.850 237.336 -4.196
201602 -4.552 237.111 -4.966
201605 -4.039 240.229 -4.349
201608 -3.929 240.849 -4.220
201611 -2.416 241.353 -2.589
201702 -2.974 243.603 -3.158
201705 -2.916 244.733 -3.082
201708 2.674 245.519 2.817
201711 2.690 246.669 2.821
201802 3.720 248.991 3.865
201805 5.534 251.588 5.690
201808 5.525 252.146 5.668
201811 5.577 252.038 5.724
201902 5.533 252.776 5.662
201905 5.655 256.092 5.712
201908 6.189 256.558 6.240
201911 10.154 257.208 10.212
202002 9.188 258.678 9.188

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.


Emmis Business Description

Address 40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
16GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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