Atlanta Braves Holdings (FRA:E45) Cyclically Adjusted PB Ratio: 6.32 (As of Aug. 03, 2026) — Near Median

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FRA:E45 Atlanta Braves Holdings Inc FRA:E45
72 GF Score
Price €47.00
GF Value €42.01
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Atlanta Braves Holdings Cyclically Adjusted PB Ratio?

Atlanta Braves Holdings FRA:E45 -2.89% 72 Cyclically Adjusted PB Ratio is 6.32 as of Aug. 03, 2026, which is 4% above its 10-year median of 6.09. GuruFocus rates FRA:E45 with a GF Score™ of 72/100 and a GF Value™ of €42.01 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 703 Media - Diversified companies, Atlanta Braves Holdings ranks worse than 93.88% on this metric.

As of today (2026-08-03), Atlanta Braves Holdings's current share price is €47.00. Atlanta Braves Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.44. Atlanta Braves Holdings's Cyclically Adjusted PB Ratio for today is 6.32.

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

FRA:E45' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.94   Med: 6.09   Max: 6.64
Current: 6.27

During the past years, Atlanta Braves Holdings's highest Cyclically Adjusted PB Ratio was 6.64. The lowest was 4.94. And the median was 6.09.

FRA:E45's Cyclically Adjusted PB Ratio is ranked worse than
93.88% of 703 companies
in the Media - Diversified industry
Industry Median: 0.97 vs FRA:E45: 6.27

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.

Atlanta Braves Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was €6.999. 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 €7.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlanta Braves Holdings  (FRA:E45) 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.


Atlanta Braves Holdings Cyclically Adjusted PB Ratio Related Terms


Atlanta Braves Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Atlanta Braves Holdings'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.

Atlanta Braves Holdings Cyclically Adjusted PB Ratio Chart

Atlanta Braves Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 4.92

Atlanta Braves Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 4.92 5.43

FRA:E45 vs MSGE, CNK, LION: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Atlanta Braves Holdings'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.


Atlanta Braves Holdings Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


FRA:E45
72GF Score
Atlanta Braves Holdings Inc FRA:E45
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlanta Braves Holdings 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.

Atlanta Braves Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.00/7.44
=6.32

* 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.

Atlanta Braves Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Atlanta Braves Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.999/330.2130*330.2130
=6.999

Current CPI (Mar. 2026) = 330.2130.

Atlanta Braves Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.051 241.018 11.030
201609 7.660 241.428 10.477
201612 7.383 241.432 10.098
201703 6.333 243.801 8.578
201706 5.991 244.955 8.076
201709 6.021 246.819 8.055
201712 6.850 246.524 9.175
201803 6.000 249.554 7.939
201806 6.316 251.989 8.277
201809 7.012 252.439 9.172
201812 7.692 251.233 10.110
201903 6.560 254.202 8.522
201906 7.129 256.143 9.191
201909 7.576 256.759 9.743
201912 6.646 256.974 8.540
202003 7.544 258.115 9.651
202006 6.362 257.797 8.149
202009 5.586 260.280 7.087
202012 4.578 260.474 5.804
202103 3.761 264.877 4.689
202106 4.145 271.696 5.038
202109 4.877 274.310 5.871
202112 4.962 278.802 5.877
202203 4.982 287.504 5.722
202206 6.389 296.311 7.120
202209 6.476 296.808 7.205
202212 5.330 296.797 5.930
202303 4.028 301.836 4.407
202306 3.149 305.109 3.408
202309 8.556 307.789 9.179
202312 7.834 306.746 8.433
202403 7.121 312.332 7.529
202406 7.685 314.175 8.077
202409 7.691 315.301 8.055
202412 8.001 315.605 8.371
202503 7.184 319.799 7.418
202506 7.223 322.561 7.394
202509 7.589 324.800 7.715
202512 7.117 324.054 7.252
202603 6.999 330.213 6.999

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.

What does a Cyclically Adjusted PB Ratio of 6.32 mean?
Atlanta Braves Holdings (FRA:E45) has a Cyclically Adjusted PB Ratio of 6.32 as of Aug. 03, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Atlanta Braves Holdings and its competitors. This is near median its historical median of 6.09. Over the past decade, Atlanta Braves Holdings' Cyclically Adjusted PB Ratio has ranged from 4.94 to 6.64. According to the industry distribution chart, Atlanta Braves Holdings ranks #660 out of 703 companies in the Media - Diversified industry, placing it in the top 93.9%.
Is Atlanta Braves Holdings' Cyclically Adjusted PB Ratio too high?
Atlanta Braves Holdings' current Cyclically Adjusted PB Ratio of 6.32 is near median its 10-year median of 6.09. Over the past 10 years, this metric has ranged from a low of 4.94 to a high of 6.64. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. Atlanta Braves Holdings' value of 6.32 is 551.5% above this industry median. Based on the distribution chart, Atlanta Braves Holdings ranks #660 out of 703 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Atlanta Braves Holdings has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atlanta Braves Holdings' Cyclically Adjusted PB Ratio compare to MSGE and CNK?
According to the Media - Diversified industry distribution chart, Atlanta Braves Holdings ranks #660 out of 703 companies for Cyclically Adjusted PB Ratio. This places Atlanta Braves Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Atlanta Braves Holdings' value of 6.32 is 551.5% above this benchmark. Historically, Atlanta Braves Holdings' own Cyclically Adjusted PB Ratio has ranged from 4.94 to 6.64 over the past decade. While the company's 10-year median is 6.09 vs. the industry median of 0.97, Atlanta Braves Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 703 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atlanta Braves Holdings's current Cyclically Adjusted PB Ratio of 6.32 is 551.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Atlanta Braves Holdings and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlanta Braves Holdings's current Cyclically Adjusted PB Ratio is 6.32, which is near median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlanta Braves Holdings stock overvalued right now?
Based on GuruFocus' analysis, Atlanta Braves Holdings (FRA:E45) is currently considered Modestly Overvalued. The stock's GF Value™ is €42.01, compared to a current price of €47.00 — trading 11.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.32, which is near median its 10-year median of 6.09 and 551.5% above the Media - Diversified industry median of 0.97. Atlanta Braves Holdings' overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Atlanta Braves Holdings (FRA:E45), the current Cyclically Adjusted PB Ratio is 6.32 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Atlanta Braves Holdings (FRA:E45) Overvalued in 2026?

Based on GuruFocus' analysis, Atlanta Braves Holdings stock appears to be overvalued. The current stock price of €47.00 is trading 11.9% above its estimated GF Value™ of €42.01. GuruFocus considers Atlanta Braves Holdings to be Modestly Overvalued.

Key valuation signals for FRA:E45:

  • Cyclically Adjusted PB Ratio: 6.32 (near median its 10-year median of 6.09)
  • GF Value™: €42.01 vs. price of €47.00 (11.9% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 551.5% above the Media - Diversified median (#660 of 703)

No single metric tells the full story. See the FRA:E45 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atlanta Braves Holdings Business Description

Address 755 Battery Avenue SE, Atlanta, GA, USA, 30339
Atlanta Braves Holdings Inc is a holding company. It operates through its wholly-owned subsidiary, which is the owner and operator of the Atlanta Braves Major League Baseball Club and the mixed-use real estate development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club's stadium, Truist Park. The company predominantly derives revenue related to the Braves baseball franchise and Truist Park from ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites and premium seat fees, retail and licensing revenue, shared MLB revenue streams, including national broadcasting rights and licensing, and other sources. The company's reportable segments include: Baseball which generates key revenue, and Mixed-Use Development.
72GF Score

Get the complete analysis for FRA:E45

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€47.00
Price
€42.01
GF Value