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Schibsted ASA (FRA:XPG) Cyclically Adjusted PB Ratio : 3.16 (As of Jun. 22, 2024)


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What is Schibsted ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Schibsted ASA's current share price is €27.52. Schibsted ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.72. Schibsted ASA's Cyclically Adjusted PB Ratio for today is 3.16.

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

FRA:XPG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 3.29   Max: 7.27
Current: 3.01

During the past years, Schibsted ASA's highest Cyclically Adjusted PB Ratio was 7.27. The lowest was 1.70. And the median was 3.29.

FRA:XPG's Cyclically Adjusted PB Ratio is ranked worse than
81.57% of 700 companies
in the Media - Diversified industry
Industry Median: 1.1 vs FRA:XPG: 3.01

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.

Schibsted ASA's adjusted book value per share data for the three months ended in Mar. 2024 was €16.662. 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 €8.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schibsted ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Schibsted ASA'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.

Schibsted ASA Cyclically Adjusted PB Ratio Chart

Schibsted ASA 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 4.30 6.05 4.36 2.10 2.90

Schibsted ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.94 2.00 2.49 2.90 3.34

Competitive Comparison of Schibsted ASA's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Schibsted ASA'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.


Schibsted ASA's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Schibsted ASA 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.

Schibsted ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.52/8.72
=3.16

* 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.

Schibsted ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Schibsted ASA's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16.662/132.6000*132.6000
=16.662

Current CPI (Mar. 2024) = 132.6000.

Schibsted ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.821 97.500 10.637
201409 7.300 98.500 9.827
201412 6.806 98.600 9.153
201503 7.543 99.200 10.083
201506 3.677 100.100 4.871
201509 5.330 100.600 7.025
201512 5.034 100.900 6.616
201603 5.004 102.500 6.473
201606 4.869 103.800 6.220
201609 4.749 104.200 6.043
201612 5.013 104.400 6.367
201703 5.052 105.000 6.380
201706 5.411 105.800 6.782
201709 5.462 105.900 6.839
201712 6.309 106.100 7.885
201803 6.305 107.300 7.792
201806 6.079 108.500 7.429
201809 6.098 109.500 7.384
201812 6.162 109.800 7.442
201903 6.114 110.400 7.343
201906 4.783 110.600 5.734
201909 4.566 111.100 5.450
201912 4.471 111.300 5.327
202003 4.088 111.200 4.875
202006 4.258 112.100 5.037
202009 4.260 112.900 5.003
202012 4.109 112.900 4.826
202103 4.135 114.600 4.784
202106 29.968 115.300 34.464
202109 29.958 117.500 33.808
202112 21.580 118.900 24.067
202203 15.404 119.800 17.050
202206 12.855 122.600 13.904
202209 11.995 125.600 12.664
202212 11.706 125.900 12.329
202303 12.176 127.600 12.653
202306 11.061 130.400 11.248
202309 16.425 129.800 16.779
202312 17.160 131.900 17.251
202403 16.662 132.600 16.662

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.


Schibsted ASA  (FRA:XPG) 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.


Schibsted ASA Cyclically Adjusted PB Ratio Related Terms

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


Schibsted ASA (FRA:XPG) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (FRA:XPG) Headlines

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