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Gremi Media (FRA:4C8) Cyclically Adjusted PB Ratio : 1.24 (As of May. 19, 2024)


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What is Gremi Media Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Gremi Media's current share price is €13.40. Gremi Media's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €10.78. Gremi Media's Cyclically Adjusted PB Ratio for today is 1.24.

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

FRA:4C8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.11   Max: 2.97
Current: 1.4

During the past 11 years, Gremi Media's highest Cyclically Adjusted PB Ratio was 2.97. The lowest was 1.40. And the median was 2.11.

FRA:4C8's Cyclically Adjusted PB Ratio is ranked worse than
59.21% of 657 companies
in the Media - Diversified industry
Industry Median: 1.14 vs FRA:4C8: 1.40

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.

Gremi Media's adjusted book value per share data of for the fiscal year that ended in Dec23 was €13.071. 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 €10.78 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gremi Media Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gremi Media'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.

Gremi Media Cyclically Adjusted PB Ratio Chart

Gremi Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.98 2.11

Gremi Media Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.98 - - - 2.11

Competitive Comparison of Gremi Media's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Gremi Media'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.


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

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

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



Gremi Media 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.

Gremi Media's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.40/10.78
=1.24

* 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.

Gremi Media's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Gremi Media's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=13.071/147.7411*147.7411
=13.071

Current CPI (Dec23) = 147.7411.

Gremi Media Annual Data

Book Value per Share CPI Adj_Book
201412 0.581 100.122 0.857
201512 7.033 99.471 10.446
201612 8.313 100.366 12.237
201712 8.283 102.564 11.931
201812 9.201 103.785 13.098
201912 11.041 107.123 15.228
202012 12.570 109.565 16.950
202112 13.193 119.088 16.367
202212 12.895 139.113 13.695
202312 13.071 147.741 13.071

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.


Gremi Media  (FRA:4C8) 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.


Gremi Media Cyclically Adjusted PB Ratio Related Terms

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


Gremi Media (FRA:4C8) Business Description

Traded in Other Exchanges
Address
ul. Prosta 51, Prosta Office Center, Warszawa, POL, 00-838
Gremi Media SA is a Poland based company, engages in offering economic and business press and an Internet portfolio for professionals and senior managers. It is a polish publisher offering specialized business and legal content in online and offline media. It presents daily commentaries and analyses relating to political, economic and legal events. It offers different services: Compress SA, specializing in creating comprehensive PR strategies and communication solutions.

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