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Twenty-First Century Fox (FRA:NXW2) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)


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

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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)
=12.576/105.9979*105.9979
=12.576

Current CPI (Dec. 2018) = 105.9979.

Twenty-First Century Fox Quarterly Data

Book Value per Share CPI Adj_Book
200903 6.568 89.744 7.758
200906 6.346 91.003 7.392
200909 6.305 91.120 7.335
200912 6.384 91.111 7.427
201003 6.950 91.821 8.023
201006 7.790 91.962 8.979
201009 7.721 92.162 8.880
201012 7.886 92.474 9.039
201103 7.700 94.283 8.657
201106 7.733 95.235 8.607
201109 7.617 95.727 8.434
201112 8.534 95.213 9.501
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 5.709 98.326 6.154
201403 5.644 99.695 6.001
201406 5.731 100.560 6.041
201409 5.642 100.428 5.955
201412 7.183 99.070 7.685
201503 7.431 99.621 7.907
201506 6.859 100.684 7.221
201509 6.087 100.392 6.427
201512 5.952 99.792 6.322
201603 5.809 100.470 6.129
201606 5.435 101.688 5.665
201609 5.499 101.861 5.722
201612 6.077 101.863 6.324
201703 6.277 102.862 6.468
201706 6.255 103.349 6.415
201709 6.115 104.136 6.224
201712 6.946 104.011 7.079
201803 6.878 105.290 6.924
201806 7.486 106.317 7.464
201809 7.930 106.507 7.892
201812 12.576 105.998 12.576

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:NXW2) 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:NXW2) 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:NXW2) Headlines

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