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AMC Networks (FRA:9AC) Cyclically Adjusted PB Ratio : 1.77 (As of Jun. 04, 2024)


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What is AMC Networks Cyclically Adjusted PB Ratio?

As of today (2024-06-04), AMC Networks's current share price is €16.58. AMC Networks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.35. AMC Networks's Cyclically Adjusted PB Ratio for today is 1.77.

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

FRA:9AC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 3.42   Max: 102.29
Current: 1.71

During the past years, AMC Networks's highest Cyclically Adjusted PB Ratio was 102.29. The lowest was 1.04. And the median was 3.42.

FRA:9AC's Cyclically Adjusted PB Ratio is ranked worse than
65.83% of 679 companies
in the Media - Diversified industry
Industry Median: 1.13 vs FRA:9AC: 1.71

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.

AMC Networks's adjusted book value per share data for the three months ended in Mar. 2024 was €22.566. 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 €9.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMC Networks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AMC Networks'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.

AMC Networks Cyclically Adjusted PB Ratio Chart

AMC Networks 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 - - 23.92 2.91 2.06

AMC Networks 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 2.75 1.63 1.42 2.06 1.20

Competitive Comparison of AMC Networks's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, AMC Networks'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.


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

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

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



AMC Networks 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.

AMC Networks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.58/9.35
=1.77

* 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.

AMC Networks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AMC Networks's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.566/131.7762*131.7762
=22.566

Current CPI (Mar. 2024) = 131.7762.

AMC Networks Quarterly Data

Book Value per Share CPI Adj_Book
201406 -4.376 100.560 -5.734
201409 -4.499 100.428 -5.903
201412 -4.185 99.070 -5.567
201503 -4.027 99.621 -5.327
201506 -2.372 100.684 -3.104
201509 -1.463 100.392 -1.920
201512 -0.498 99.792 -0.658
201603 1.061 100.470 1.392
201606 1.055 101.688 1.367
201609 1.386 101.861 1.793
201612 -0.416 101.863 -0.538
201703 0.437 102.862 0.560
201706 0.410 103.349 0.523
201709 0.727 104.136 0.920
201712 1.867 104.011 2.365
201803 3.126 105.290 3.912
201806 2.495 106.317 3.092
201809 3.989 106.507 4.935
201812 4.950 105.998 6.154
201903 7.094 107.251 8.716
201906 8.600 108.070 10.487
201909 10.271 108.329 12.494
201912 10.784 108.420 13.107
202003 10.531 108.902 12.743
202006 11.124 108.767 13.477
202009 12.196 109.815 14.635
202012 12.229 109.897 14.664
202103 13.400 111.754 15.801
202106 14.425 114.631 16.582
202109 16.844 115.734 19.179
202112 17.775 117.630 19.913
202203 19.577 121.301 21.268
202206 21.263 125.017 22.413
202209 23.563 125.227 24.795
202212 17.713 125.222 18.640
202303 19.819 127.348 20.508
202306 21.379 128.729 21.885
202309 22.602 129.860 22.936
202312 22.062 129.419 22.464
202403 22.566 131.776 22.566

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.


AMC Networks  (FRA:9AC) 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.


AMC Networks Cyclically Adjusted PB Ratio Related Terms

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


AMC Networks (FRA:9AC) Business Description

Traded in Other Exchanges
Address
11 Penn Plaza, New York, NY, USA, 10001
AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 70 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 68 million households. IFC mainly shows independent films and alternative comedy series. AMC also operates a number of niche streaming platforms including Acorn (focused on British shows) and Shudder (focused on horror programming). The firm launched AMC+, a streaming platform for its own content in 2020.

AMC Networks (FRA:9AC) Headlines

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