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LiveOne (FRA:3510) Cyclically Adjusted PB Ratio : 50.00 (As of Jun. 20, 2024)


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What is LiveOne Cyclically Adjusted PB Ratio?

As of today (2024-06-20), LiveOne's current share price is €1.50. LiveOne's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.03. LiveOne's Cyclically Adjusted PB Ratio for today is 50.00.

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

FRA:3510' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 16.02   Med: 50.21   Max: 384.45
Current: 60.03

During the past years, LiveOne's highest Cyclically Adjusted PB Ratio was 384.45. The lowest was 16.02. And the median was 50.21.

FRA:3510's Cyclically Adjusted PB Ratio is ranked worse than
99.71% of 700 companies
in the Media - Diversified industry
Industry Median: 1.1 vs FRA:3510: 60.03

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.

LiveOne's adjusted book value per share data for the three months ended in Dec. 2023 was €-0.242. 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 €0.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LiveOne Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LiveOne'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.

LiveOne Cyclically Adjusted PB Ratio Chart

LiveOne Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 171.44 29.82 37.13 -

LiveOne 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 37.13 53.57 30.17 50.57 -

Competitive Comparison of LiveOne's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, LiveOne'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.


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

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

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



LiveOne 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.

LiveOne's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.50/0.03
=50.00

* 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.

LiveOne's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.242/129.4194*129.4194
=-0.242

Current CPI (Dec. 2023) = 129.4194.

LiveOne Quarterly Data

Book Value per Share CPI Adj_Book
201401 -0.134 98.692 -0.176
201404 -0.221 100.023 -0.286
201409 -0.100 100.428 -0.129
201412 -0.068 99.070 -0.089
201503 0.077 99.621 0.100
201506 -0.095 100.684 -0.122
201509 -0.137 100.392 -0.177
201512 -0.139 99.792 -0.180
201603 0.007 100.470 0.009
201606 0.058 101.688 0.074
201609 0.018 101.861 0.023
201612 -0.107 101.863 -0.136
201703 -0.092 102.862 -0.116
201706 -0.020 103.349 -0.025
201709 -0.091 104.136 -0.113
201712 0.696 104.011 0.866
201803 0.605 105.290 0.744
201806 0.524 106.317 0.638
201809 0.404 106.507 0.491
201812 0.249 105.998 0.304
201903 0.160 107.251 0.193
201906 0.030 108.070 0.036
201909 0.067 108.329 0.080
201912 -0.029 108.420 -0.035
202003 -0.109 108.902 -0.130
202006 -0.169 108.767 -0.201
202009 0.156 109.815 0.184
202012 0.168 109.897 0.198
202103 0.089 111.754 0.103
202106 0.070 114.631 0.079
202109 0.028 115.734 0.031
202112 -0.031 117.630 -0.034
202203 -0.120 121.301 -0.128
202206 -0.113 125.017 -0.117
202209 -0.120 125.227 -0.124
202212 -0.136 125.222 -0.141
202303 -0.184 127.348 -0.187
202306 -0.196 128.729 -0.197
202309 -0.248 129.860 -0.247
202312 -0.242 129.419 -0.242

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.


LiveOne  (FRA:3510) 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.


LiveOne Cyclically Adjusted PB Ratio Related Terms

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


LiveOne (FRA:3510) Business Description

Traded in Other Exchanges
Address
269 South Beverly Drive, Suite 1450, Beverly Hills, CA, USA, 90212
LiveOne Inc, formerly LiveXLive Media Inc is a premium internet network devoted to live music and music-related video content. The company has been building an online destination for music fans to enjoy live performances from music venues and music festivals around the world, such as Rock in Rio, Outside Lands Music and Arts Festival, and Hangout Music Festival, as well as original content, artist exclusives, and industry interviews. The Company operates mainly through two segments, Audio and Media, with a majority of its revenue derived from the Audio segment.

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