IHRT (iHeartMedia) Cyclically Adjusted PB Ratio: (As of Jul. 19, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IHRT iHeartMedia Inc IHRT
56 GF Score
Price $3.82
GF Value $2.37
Valuation Significantly Overvalued
! 6 Warning Signs
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What is iHeartMedia Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


iHeartMedia  (NAS:IHRT) 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.


iHeartMedia Cyclically Adjusted PB Ratio Related Terms


iHeartMedia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for iHeartMedia'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.

iHeartMedia Cyclically Adjusted PB Ratio Chart

iHeartMedia 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 0.00 0.00 0.00 0.00 0.00

iHeartMedia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

IHRT vs GTN.A, NMAX, CAST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, iHeartMedia'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.


iHeartMedia Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


IHRT
56GF Score
iHeartMedia Inc IHRT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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iHeartMedia 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.

iHeartMedia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, iHeartMedia's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-12.744/330.2130*330.2130
=-12.744

Current CPI (Mar. 2026) = 330.2130.

iHeartMedia Quarterly Data

Book Value per Share CPI Adj_Book
201606 -122.072 241.018 -167.248
201609 -122.619 241.428 -167.712
201612 -121.599 241.432 -166.314
201703 -125.699 243.801 -170.251
201706 -127.695 244.955 -172.140
201709 -128.701 246.819 -172.186
201712 -124.380 246.524 -166.604
201803 -128.843 249.554 -170.487
201806 -130.063 251.989 -170.438
201809 -129.631 252.439 -169.569
201812 -127.362 251.233 -167.401
201903 -127.285 254.202 -165.346
201906 44.056 256.143 56.796
201909 43.942 256.759 56.513
201912 45.397 256.974 58.335
202003 18.707 258.115 23.932
202006 15.514 257.797 19.872
202009 14.700 260.280 18.650
202012 14.557 260.474 18.454
202103 5.724 264.877 7.136
202106 5.516 271.696 6.704
202109 5.589 274.310 6.728
202112 6.380 278.802 7.556
202203 6.066 287.504 6.967
202206 6.167 296.311 6.873
202209 4.059 296.808 4.516
202212 4.711 296.797 5.241
202303 3.230 301.836 3.534
202306 -2.864 305.109 -3.100
202309 -2.874 307.789 -3.083
202312 -2.725 306.746 -2.933
202403 -2.797 312.332 -2.957
202406 -9.407 314.175 -9.887
202409 -9.619 315.301 -10.074
202412 -9.357 315.605 -9.790
202503 -11.189 319.799 -11.553
202506 -11.526 322.561 -11.799
202509 -11.942 324.800 -12.141
202512 -12.198 324.054 -12.430
202603 -12.744 330.213 -12.744

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.

Is iHeartMedia (IHRT) Overvalued in 2026?

Based on GuruFocus' analysis, iHeartMedia stock appears to be overvalued. The current stock price of $3.82 is trading 61.2% above its estimated GF Value™ of $2.37. GuruFocus considers iHeartMedia to be Significantly Overvalued.

Key valuation signals for IHRT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $2.37 vs. price of $3.82 (61.2% above fair value)
  • GF Score™: 56/100 with 6 warning signs

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


iHeartMedia Business Description

Other Exchanges IHRTB:USA
Address 20880 Stone Oak Parkway, San Antonio, TX, USA, 78258
iHeartMedia Inc is a United States-based audio media company. The company operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.
56GF Score

Get the complete analysis for IHRT

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

$3.82
Price
$2.37
GF Value