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Twenty-First Century Fox (Twenty-First Century Fox) Cyclically Adjusted PB Ratio : (As of May. 02, 2024)


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What is Twenty-First Century Fox Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Twenty-First Century Fox Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Twenty-First Century Fox'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.

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Twenty-First Century Fox Cyclically Adjusted PB Ratio Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted PB Ratio
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Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Twenty-First Century Fox's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Twenty-First Century Fox'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.


Twenty-First Century Fox's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Twenty-First Century Fox's Cyclically Adjusted PB Ratio falls into.



Twenty-First Century Fox 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.

Twenty-First Century Fox's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, Twenty-First Century Fox's adjusted Book Value per Share data for the three months ended in Dec. 2018 was:

Adj_Book=Book Value per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=13.736/105.9979*105.9979
=13.736

Current CPI (Dec. 2018) = 105.9979.

Twenty-First Century Fox Quarterly Data

Book Value per Share CPI Adj_Book
200903 8.574 89.744 10.127
200906 8.888 91.003 10.352
200909 9.191 91.120 10.692
200912 9.306 91.111 10.827
201003 9.430 91.821 10.886
201006 9.523 91.962 10.976
201009 10.119 92.162 11.638
201012 10.432 92.474 11.958
201103 10.799 94.283 12.141
201106 11.143 95.235 12.402
201109 10.477 95.727 11.601
201112 10.916 95.213 12.152
201203 11.276 96.783 12.350
201206 10.221 96.819 11.190
201209 11.082 97.633 12.031
201212 12.000 96.871 13.131
201303 12.903 98.209 13.926
201306 7.295 98.518 7.849
201309 7.392 98.790 7.931
201312 7.575 98.326 8.166
201403 7.495 99.695 7.969
201406 7.476 100.560 7.880
201409 6.981 100.428 7.368
201412 8.503 99.070 9.098
201503 7.721 99.621 8.215
201506 7.391 100.684 7.781
201509 6.558 100.392 6.924
201512 6.225 99.792 6.612
201603 6.211 100.470 6.553
201606 5.863 101.688 6.111
201609 5.926 101.861 6.167
201612 6.155 101.863 6.405
201703 6.445 102.862 6.641
201706 6.748 103.349 6.921
201709 6.997 104.136 7.122
201712 7.892 104.011 8.043
201803 8.142 105.290 8.197
201806 8.397 106.317 8.372
201809 8.883 106.507 8.841
201812 13.736 105.998 13.736

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.


Twenty-First Century Fox  (NAS:FOXAV) 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.


Twenty-First Century Fox Cyclically Adjusted PB Ratio Related Terms

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Twenty-First Century Fox (Twenty-First Century Fox) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.