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Metropole Television (FRA:MMT) Cyclically Adjusted PB Ratio : 1.58 (As of Oct. 31, 2024)


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What is Metropole Television Cyclically Adjusted PB Ratio?

As of today (2024-10-31), Metropole Television's current share price is €11.98. Metropole Television's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €7.60. Metropole Television's Cyclically Adjusted PB Ratio for today is 1.58.

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

FRA:MMT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 2.82   Max: 4.33
Current: 1.58

During the past 13 years, Metropole Television's highest Cyclically Adjusted PB Ratio was 4.33. The lowest was 1.54. And the median was 2.82.

FRA:MMT's Cyclically Adjusted PB Ratio is ranked worse than
61.73% of 614 companies
in the Media - Diversified industry
Industry Median: 1.13 vs FRA:MMT: 1.58

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.

Metropole Television's adjusted book value per share data of for the fiscal year that ended in Dec23 was €10.377. 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 €7.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metropole Television Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metropole Television'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.

Metropole Television Cyclically Adjusted PB Ratio Chart

Metropole Television 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 3.09 2.33 2.78 2.24 1.70

Metropole Television Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 2.24 - 1.70 -

Competitive Comparison of Metropole Television's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Metropole Television'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.


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

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

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



Metropole Television 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.

Metropole Television's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.98/7.6
=1.58

* 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.

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

For example, Metropole Television'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)
=10.377/118.3900*118.3900
=10.377

Current CPI (Dec23) = 118.3900.

Metropole Television Annual Data

Book Value per Share CPI Adj_Book
201412 4.621 99.860 5.478
201512 4.624 100.040 5.472
201612 4.891 100.650 5.753
201712 5.257 101.850 6.111
201812 5.700 103.470 6.522
201912 6.142 104.980 6.927
202012 8.416 104.960 9.493
202112 9.161 107.850 10.056
202212 9.534 114.160 9.887
202312 10.377 118.390 10.377

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.


Metropole Television  (FRA:MMT) 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.


Metropole Television Cyclically Adjusted PB Ratio Related Terms

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


Metropole Television Business Description

Traded in Other Exchanges
Address
89, Avenue Charles-de-Gaulle, Cedex, Neuilly-sur-Seine, FRA, 92200
Metropole Television SA is a media holding company that owns several television channels, magazines, publications, and movie production firms. Metropole Television SA's flagship channel is M6, a multimedia television network that displays a wide variety of content and includes dramas, news, comedies, films, and documentaries. Furthermore, Metropole owns production houses and operates digital content publications. It has four reportable segments which includes Television, Radio, Production & Audiovisual Rights and Diversification involves distribution of niche products, other online revenues, Interactions division. The company generates the vast majority of its revenue from France and also from Television segment.