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Meta Platforms (FRA:FB20) Cyclically Adjusted PB Ratio : 12.22 (As of May. 24, 2024)


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What is Meta Platforms Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Meta Platforms's current share price is €17.60. Meta Platforms's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.44. Meta Platforms's Cyclically Adjusted PB Ratio for today is 12.22.

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

FRA:FB20' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.11   Med: 9.63   Max: 16.97
Current: 12.34

During the past years, Meta Platforms's highest Cyclically Adjusted PB Ratio was 16.97. The lowest was 3.11. And the median was 9.63.

FRA:FB20's Cyclically Adjusted PB Ratio is ranked worse than
95.96% of 297 companies
in the Interactive Media industry
Industry Median: 1.61 vs FRA:FB20: 12.34

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.

Meta Platforms's adjusted book value per share data for the three months ended in Mar. 2024 was €54.224. 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 €1.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted PB Ratio Chart

Meta Platforms 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 - 13.64 13.66 3.98 9.83

Meta Platforms 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 6.66 8.62 8.62 9.83 12.81

Competitive Comparison of Meta Platforms's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Meta Platforms 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.

Meta Platforms's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.60/1.44
=12.22

* 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.

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

For example, Meta Platforms'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)
=54.224/131.7762*131.7762
=54.224

Current CPI (Mar. 2024) = 131.7762.

Meta Platforms Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.244 100.560 6.872
201409 6.319 100.428 8.291
201412 10.538 99.070 14.017
201503 12.349 99.621 16.335
201506 12.554 100.684 16.431
201509 13.115 100.392 17.215
201512 14.323 99.792 18.914
201603 14.856 100.470 19.485
201606 15.668 101.688 20.304
201609 16.759 101.861 21.681
201612 19.404 101.863 25.102
201703 20.099 102.862 25.749
201706 20.403 103.349 26.015
201709 20.559 104.136 26.016
201712 21.618 104.011 27.389
201803 21.692 105.290 27.149
201806 23.504 106.317 29.132
201809 23.966 106.507 29.652
201812 25.910 105.998 32.211
201903 26.809 107.251 32.940
201906 27.524 108.070 33.562
201909 29.906 108.329 36.379
201912 31.889 108.420 38.759
202003 33.427 108.902 40.448
202006 34.413 108.767 41.693
202009 35.071 109.815 42.085
202012 37.015 109.897 44.384
202103 39.518 111.754 46.598
202106 40.597 114.631 46.669
202109 40.586 115.734 46.212
202112 40.320 117.630 45.169
202203 41.227 121.301 44.787
202206 44.114 125.017 46.499
202209 47.030 125.227 49.490
202212 45.399 125.222 47.775
202303 45.424 127.348 47.004
202306 48.081 128.729 49.219
202309 52.070 129.860 52.839
202312 54.844 129.419 55.843
202403 54.224 131.776 54.224

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.


Meta Platforms  (FRA:FB20) 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.


Meta Platforms Cyclically Adjusted PB Ratio Related Terms

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


Meta Platforms (FRA:FB20) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (FRA:FB20) Headlines

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