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Net Servicos De Comunicacao (FRA:NS2C) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Net Servicos De Comunicacao Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Net Servicos De Comunicacao Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Net Servicos De Comunicacao'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.

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Net Servicos De Comunicacao Cyclically Adjusted PB Ratio Chart

Net Servicos De Comunicacao Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Net Servicos De Comunicacao Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
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Competitive Comparison of Net Servicos De Comunicacao's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Net Servicos De Comunicacao'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.


Net Servicos De Comunicacao's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Net Servicos De Comunicacao's Cyclically Adjusted PB Ratio falls into.



Net Servicos De Comunicacao 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.

Net Servicos De Comunicacao's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Net Servicos De Comunicacao's adjusted Book Value per Share data for the fiscal year that ended in Dec13 was:

Adj_Book=Book Value per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=4.874/88.5217*88.5217
=4.874

Current CPI (Dec13) = 88.5217.

Net Servicos De Comunicacao Annual Data

Book Value per Share CPI Adj_Book
200412 -1.968 55.658 -3.130
200512 0.078 58.824 0.117
200612 2.351 60.672 3.430
200712 3.509 63.377 4.901
200812 -2.397 67.118 -3.161
200912 12.024 70.012 15.203
201012 4.650 74.149 5.551
201112 4.731 78.971 5.303
201212 4.594 83.581 4.866
201312 4.874 88.522 4.874

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.


Net Servicos De Comunicacao  (FRA:NS2C) 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.


Net Servicos De Comunicacao Cyclically Adjusted PB Ratio Related Terms

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Net Servicos De Comunicacao (FRA:NS2C) Business Description

Traded in Other Exchanges
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Address
Net Servicos de Comunicacao SA through its holdings provides pay-television and pay-per-view programming, digital cable, high-definition cable television with digital video recorder, broadband Internet service & fixed line telephony service.

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