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Twenty-First Century Fox (FRA:NWXA) Cyclically Adjusted PB Ratio : (As of May. 10, 2024)


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What is Twenty-First Century Fox Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Twenty-First Century Fox Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Twenty-First Century Fox'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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Twenty-First Century Fox Cyclically Adjusted PB Ratio Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted PB Ratio
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Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Twenty-First Century Fox's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Twenty-First Century Fox'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.


Twenty-First Century Fox's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Twenty-First Century Fox's Cyclically Adjusted PB Ratio falls into.



Twenty-First Century Fox 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.

Twenty-First Century Fox's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, Twenty-First Century Fox's adjusted Book Value per Share data for the three months ended in Dec. 2018 was:

Adj_Book=Book Value per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=15.162/105.9979*105.9979
=15.162

Current CPI (Dec. 2018) = 105.9979.

Twenty-First Century Fox Quarterly Data

Book Value per Share CPI Adj_Book
200903 6.583 89.744 7.775
200906 6.344 91.003 7.389
200909 6.298 91.120 7.326
200912 6.389 91.111 7.433
201003 6.967 91.821 8.043
201006 7.838 91.962 9.034
201009 7.724 92.162 8.884
201012 7.908 92.474 9.065
201103 7.713 94.283 8.671
201106 7.795 95.235 8.676
201109 7.790 95.727 8.626
201112 8.405 95.213 9.357
201203 8.640 96.783 9.463
201206 8.255 96.819 9.038
201209 8.659 97.633 9.401
201212 9.197 96.871 10.064
201303 10.006 98.209 10.800
201306 5.563 98.518 5.985
201309 5.620 98.790 6.030
201312 5.680 98.326 6.123
201403 5.644 99.695 6.001
201406 5.809 100.560 6.123
201409 5.806 100.428 6.128
201412 7.537 99.070 8.064
201503 8.019 99.621 8.532
201506 7.527 100.684 7.924
201509 6.679 100.392 7.052
201512 6.894 99.792 7.323
201603 6.827 100.470 7.203
201606 6.502 101.688 6.778
201609 6.630 101.861 6.899
201612 7.345 101.863 7.643
201703 7.586 102.862 7.817
201706 7.559 103.349 7.753
201709 7.384 104.136 7.516
201712 8.388 104.011 8.548
201803 8.305 105.290 8.361
201806 9.040 106.317 9.013
201809 9.560 106.507 9.514
201812 15.162 105.998 15.162

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.


Twenty-First Century Fox  (FRA:NWXA) 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.


Twenty-First Century Fox Cyclically Adjusted PB Ratio Related Terms

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Twenty-First Century Fox (FRA:NWXA) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.

Twenty-First Century Fox (FRA:NWXA) Headlines

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