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ePlay Digital (FRA:2NY2) Cyclically Adjusted PB Ratio : (As of Jun. 22, 2024)


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What is ePlay Digital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ePlay Digital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ePlay Digital'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.

ePlay Digital Cyclically Adjusted PB Ratio Chart

ePlay Digital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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ePlay Digital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of ePlay Digital's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, ePlay Digital'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.


ePlay Digital's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ePlay Digital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ePlay Digital 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.

ePlay Digital's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, ePlay Digital's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.011/125.2304*125.2304
=-0.011

Current CPI (Sep. 2023) = 125.2304.

ePlay Digital Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 96.945 0.000
201403 0.000 98.604 0.000
201406 0.015 99.473 0.019
201409 0.016 99.394 0.020
201412 0.026 98.367 0.033
201503 -0.076 99.789 -0.095
201506 0.119 100.500 0.148
201509 0.104 100.421 0.130
201512 -0.124 99.947 -0.155
201603 -0.130 101.054 -0.161
201606 -0.023 102.002 -0.028
201609 -0.014 101.765 -0.017
201612 0.019 101.449 0.023
201703 0.018 102.634 0.022
201706 0.012 103.029 0.015
201709 0.012 103.345 0.015
201712 0.001 103.345 0.001
201803 0.000 105.004 0.000
201806 0.001 105.557 0.001
201809 0.000 105.636 0.000
201812 0.009 105.399 0.011
201903 0.008 106.979 0.009
201906 0.011 107.690 0.013
201909 0.010 107.611 0.012
201912 -0.015 107.769 -0.017
202003 -0.013 107.927 -0.015
202006 -0.012 108.401 -0.014
202009 -0.012 108.164 -0.014
202012 -0.013 108.559 -0.015
202103 -0.002 110.298 -0.002
202106 -0.001 111.720 -0.001
202109 -0.003 112.905 -0.003
202112 -0.005 113.774 -0.006
202203 -0.007 117.646 -0.007
202206 -0.009 120.806 -0.009
202209 -0.010 120.648 -0.010
202212 -0.010 120.964 -0.010
202303 -0.010 122.702 -0.010
202306 -0.011 124.203 -0.011
202309 -0.011 125.230 -0.011

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.


ePlay Digital  (FRA:2NY2) 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.


ePlay Digital Cyclically Adjusted PB Ratio Related Terms

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ePlay Digital (FRA:2NY2) Business Description

Traded in Other Exchanges
Address
246 Stewart Green Soutwest, Suite 2464, Corporate Administration, Calgary, AB, CAN, T3H 3C8
ePlay Digital Inc is a media and sports entertainment company. The company is engaged in developing and operating broadcast and live video technologies. The company offers broadcasting, social media, and live-streaming services for sports and social media. Its social gaming business includes daily fantasy, pick sheet games, and among others. The company generates revenue from the set-up of user experiences, data reporting, and advertising.

ePlay Digital (FRA:2NY2) Headlines

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