GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bastei Lubbe AG (FRA:BST) » Definitions » Cyclically Adjusted PB Ratio

Bastei Lubbe AG (FRA:BST) Cyclically Adjusted PB Ratio : 1.86 (As of Jun. 09, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Bastei Lubbe AG Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Bastei Lubbe AG's current share price is €7.15. Bastei Lubbe AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €3.84. Bastei Lubbe AG's Cyclically Adjusted PB Ratio for today is 1.86.

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

FRA:BST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.68   Max: 2.56
Current: 1.89

During the past years, Bastei Lubbe AG's highest Cyclically Adjusted PB Ratio was 2.56. The lowest was 1.14. And the median was 1.68.

FRA:BST's Cyclically Adjusted PB Ratio is ranked worse than
68.98% of 693 companies
in the Media - Diversified industry
Industry Median: 1.13 vs FRA:BST: 1.89

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.

Bastei Lubbe AG's adjusted book value per share data for the three months ended in Dec. 2023 was €4.706. 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 €3.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bastei Lubbe AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bastei Lubbe AG'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.

Bastei Lubbe AG Cyclically Adjusted PB Ratio Chart

Bastei Lubbe AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.07 1.22

Bastei Lubbe AG 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 1.21 1.22 1.25 1.29 1.51

Competitive Comparison of Bastei Lubbe AG's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Bastei Lubbe AG'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.


Bastei Lubbe AG's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Bastei Lubbe AG 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.

Bastei Lubbe AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.15/3.84
=1.86

* 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.

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

For example, Bastei Lubbe AG'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)
=4.706/123.7729*123.7729
=4.706

Current CPI (Dec. 2023) = 123.7729.

Bastei Lubbe AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.885 99.543 4.831
201406 3.885 99.543 4.831
201409 3.646 99.823 4.521
201412 4.007 99.543 4.982
201503 4.381 99.717 5.438
201506 4.264 100.417 5.256
201509 4.476 100.417 5.517
201512 4.732 99.717 5.874
201603 3.527 100.017 4.365
201606 0.000 100.717 0.000
201609 0.000 101.017 0.000
201612 0.000 101.217 0.000
201703 3.322 101.417 4.054
201706 3.289 102.117 3.986
201709 3.263 102.717 3.932
201712 2.637 102.617 3.181
201803 2.351 102.917 2.827
201806 2.266 104.017 2.696
201809 2.291 104.718 2.708
201812 2.373 104.217 2.818
201903 2.632 104.217 3.126
201906 2.704 105.718 3.166
201909 2.720 106.018 3.176
201912 2.217 105.818 2.593
202003 2.144 105.718 2.510
202006 2.227 106.618 2.585
202009 2.298 105.818 2.688
202012 2.502 105.518 2.935
202103 3.221 107.518 3.708
202106 3.322 108.486 3.790
202109 3.233 109.435 3.657
202112 3.573 110.384 4.006
202203 4.249 113.968 4.615
202206 4.254 115.760 4.548
202209 3.856 118.818 4.017
202212 4.043 119.345 4.193
202303 4.150 122.402 4.196
202306 4.251 123.140 4.273
202309 4.283 124.195 4.268
202312 4.706 123.773 4.706

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.


Bastei Lubbe AG  (FRA:BST) 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.


Bastei Lubbe AG Cyclically Adjusted PB Ratio Related Terms

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


Bastei Lubbe AG (FRA:BST) Business Description

Traded in Other Exchanges
Address
Schanzenstrasse 6-20, Cologne, DEU, 51063
Bastei Lubbe AG Formerly Bastei Luebbe AG is a media company in the form of a publishing house. The company publishes books, audiobooks, eBooks, and other digital products in the genres of fiction and popular science, as well as periodicals including novel booklets and puzzle magazines. Its operating segment includes Books; and Novel booklets. The company generates maximum revenue from the Books segment. Geographically, it derives a majority of its revenue from Germany.