STV Group (LSE:STVG) Cyclically Adjusted PB Ratio: (As of Jul. 12, 2026)


LSE:STVG STV Group PLC LSE:STVG
51 GF Score
Price £1.04
GF Value £2.20
Valuation Possible Value Trap
! 8 Warning Signs
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What is STV Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


STV Group  (LSE:STVG) 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.


STV Group Cyclically Adjusted PB Ratio Related Terms


STV Group Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for STV Group'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.

STV Group Cyclically Adjusted PB Ratio Chart

STV Group 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

STV Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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

LSE:STVG vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, STV Group'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.


STV Group Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


LSE:STVG
51GF Score
STV Group PLC LSE:STVG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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STV Group 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.

STV Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, STV Group's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.186/139.9000*139.9000
=-0.186

Current CPI (Dec25) = 139.9000.

STV Group Annual Data

Book Value per Share CPI Adj_Book
201612 -1.326 102.200 -1.815
201712 -0.963 105.000 -1.283
201812 -1.492 107.100 -1.949
201912 -1.189 108.500 -1.533
202012 -0.638 109.400 -0.816
202112 -0.571 114.700 -0.696
202212 -0.190 125.300 -0.212
202312 -0.165 130.500 -0.177
202412 -0.042 135.100 -0.043
202512 -0.186 139.900 -0.186

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 STV Group (LSE:STVG) Overvalued in 2026?

Based on GuruFocus' analysis, STV Group stock appears to be undervalued. The current stock price of £1.04 is trading 53% below its estimated GF Value™ of £2.20. GuruFocus considers STV Group to be Possible Value Trap.

Key valuation signals for LSE:STVG:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: £2.20 vs. price of £1.04 (53% below fair value)
  • GF Score™: 51/100 with 8 warning signs

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


STV Group Business Description

Other Exchanges STVGl:UK
Address Pacific Quay, Glasgow, GBR, G51 1PQ
STV Group PLC is Scotland's digital media brand, providing consumers with quality content on air, online, and on demand. It is engaged in the production and broadcasting of television programs, the provision of internet services, and the sale of advertising airtime and space in these media. Its segments are Audience and Studios. The company generates the majority of its revenue from the Audience segment. The group operates digital services in four cities in Scotland, which provide news, events, offers, pictures, and videos for consumers: STV Glasgow, STV Edinburgh, STV Aberdeen, and STV Dundee.
51GF Score

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

£1.04
Price
£2.20
GF Value