New York Times Co (FRA:NYT) Cyclically Adjusted PB Ratio: 6.32 (As of Aug. 23, 2026) — Near Median

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FRA:NYT New York Times Co FRA:NYT
95 GF Score
Price €55.58
GF Value €54.56
Valuation Fairly Valued
! 1 Warning Sign
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What is New York Times Co Cyclically Adjusted PB Ratio?

New York Times Co FRA:NYT -1.17% 95 Cyclically Adjusted PB Ratio is 6.32 as of Aug. 23, 2026, which is 9% above its 10-year median of 5.79. GuruFocus rates FRA:NYT with a GF Score™ of 95/100 and a GF Value™ of €54.56 (Fairly Valued). The stock has 1 warning sign investors should review. Among 675 Media - Diversified companies, New York Times Co ranks worse than 94.96% on this metric.

As of today (2026-08-23), New York Times Co's current share price is €55.58. New York Times Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €8.80. New York Times Co's Cyclically Adjusted PB Ratio for today is 6.32.

The historical rank and industry rank for New York Times Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:NYT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.13   Med: 5.79   Max: 9.04
Current: 6.57

During the past years, New York Times Co's highest Cyclically Adjusted PB Ratio was 9.04. The lowest was 2.13. And the median was 5.79.

FRA:NYT's Cyclically Adjusted PB Ratio is ranked worse than
94.96% of 675 companies
in the Media - Diversified industry
Industry Median: 0.99 vs FRA:NYT: 6.57

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.

New York Times Co's adjusted book value per share data for the three months ended in Jun. 2026 was €11.002. 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 €8.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


New York Times Co  (FRA:NYT) 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.


New York Times Co Cyclically Adjusted PB Ratio Related Terms


New York Times Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for New York Times Co'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.

New York Times Co Cyclically Adjusted PB Ratio Chart

New York Times Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.39 4.37 6.09 6.00 7.36

New York Times Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.14 6.16 7.36 8.59 7.00

FRA:NYT vs WLY, TDAY, SCHL: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, New York Times Co'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.


New York Times Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

* The bar in red indicates where New York Times Co's Cyclically Adjusted PB Ratio falls into.


FRA:NYT
95GF Score
New York Times Co FRA:NYT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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New York Times Co 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.

New York Times Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.58/8.80
=6.32

* 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.

New York Times Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, New York Times Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.002/333.9520*333.9520
=11.002

Current CPI (Jun. 2026) = 333.9520.

New York Times Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.409 241.428 6.099
201612 4.987 241.432 6.898
201703 4.982 243.801 6.824
201706 4.902 244.955 6.683
201709 4.753 246.819 6.431
201712 4.674 246.524 6.332
201803 4.713 249.554 6.307
201806 5.085 251.989 6.739
201809 5.230 252.439 6.919
201812 5.541 251.233 7.365
201903 5.642 254.202 7.412
201906 5.775 256.143 7.529
201909 5.993 256.759 7.795
201912 6.348 256.974 8.250
202003 6.471 258.115 8.372
202006 6.546 257.797 8.480
202009 6.377 260.280 8.182
202012 6.516 260.474 8.354
202103 6.771 264.877 8.537
202106 7.005 271.696 8.610
202109 7.431 274.310 9.047
202112 8.111 278.802 9.715
202203 8.095 287.504 9.403
202206 8.728 296.311 9.837
202209 9.379 296.808 10.553
202212 9.139 296.797 10.283
202303 8.934 301.836 9.885
202306 9.016 305.109 9.868
202309 9.421 307.789 10.222
202312 9.827 306.746 10.699
202403 9.782 312.332 10.459
202406 10.202 314.175 10.844
202409 10.170 315.301 10.772
202412 11.238 315.605 11.891
202503 10.675 319.799 11.147
202506 10.295 322.561 10.659
202509 10.378 324.800 10.670
202512 10.773 324.054 11.102
202603 10.694 330.213 10.815
202606 11.002 333.952 11.002

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.

What does a Cyclically Adjusted PB Ratio of 6.32 mean?
New York Times Co (FRA:NYT) has a Cyclically Adjusted PB Ratio of 6.32 as of Aug. 23, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on New York Times Co and its competitors. This is near median its historical median of 5.79. Over the past decade, New York Times Co's Cyclically Adjusted PB Ratio has ranged from 2.13 to 9.04. According to the industry distribution chart, New York Times Co ranks #641 out of 675 companies in the Media - Diversified industry, placing it in the top 95%.
Is New York Times Co's Cyclically Adjusted PB Ratio too high?
New York Times Co's current Cyclically Adjusted PB Ratio of 6.32 is near median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 9.04. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.99. New York Times Co's value of 6.32 is 538.4% above this industry median. Based on the distribution chart, New York Times Co ranks #641 out of 675 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, New York Times Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New York Times Co's Cyclically Adjusted PB Ratio compare to WLY and TDAY?
According to the Media - Diversified industry distribution chart, New York Times Co ranks #641 out of 675 companies for Cyclically Adjusted PB Ratio. This places New York Times Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. New York Times Co's value of 6.32 is 538.4% above this benchmark. Historically, New York Times Co's own Cyclically Adjusted PB Ratio has ranged from 2.13 to 9.04 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 0.99, New York Times Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.99, based on 675 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New York Times Co's current Cyclically Adjusted PB Ratio of 6.32 is 538.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on New York Times Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New York Times Co's current Cyclically Adjusted PB Ratio is 6.32, which is near median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New York Times Co stock overvalued right now?
Based on GuruFocus' analysis, New York Times Co (FRA:NYT) is currently considered Fairly Valued. The stock's GF Value™ is €54.56, compared to a current price of €55.58 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.32, which is near median its 10-year median of 5.79 and 538.4% above the Media - Diversified industry median of 0.99. New York Times Co's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For New York Times Co (FRA:NYT), the current Cyclically Adjusted PB Ratio is 6.32 as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is New York Times Co (FRA:NYT) Overvalued in 2026?

Based on GuruFocus' analysis, New York Times Co stock appears to be overvalued. The current stock price of €55.58 is trading 1.9% above its estimated GF Value™ of €54.56. GuruFocus considers New York Times Co to be Fairly Valued.

Key valuation signals for FRA:NYT:

  • Cyclically Adjusted PB Ratio: 6.32 (near median its 10-year median of 5.79)
  • GF Value™: €54.56 vs. price of €55.58 (1.9% above fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 538.4% above the Media - Diversified median (#641 of 675)

No single metric tells the full story. See the FRA:NYT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New York Times Co Business Description

Other Exchanges NYT:USANYT:Germany
Address 620 Eighth Avenue, New York, NY, USA, 10018
New York Times Co is an American media company known for publishing its flagship newspaper, The New York Times. The company also operates the International New York Times newspaper, as well as digital properties such as NYTimes and various smartphone applications. The company derives revenue from subscriptions, advertising, and other sources, where the majority of its revenue is generated through subscriptions, which consist of income from standalone and multiproduct bundle subscriptions to its digital products and subscriptions to and single-copy and bulk sales of print products.
95GF Score

Get the complete analysis for FRA:NYT

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€55.58
Price
€54.56
GF Value