GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MME Moviement AG (LTS:0NDQ) » Definitions » Cyclically Adjusted PB Ratio

MME Moviement AG (LTS:0NDQ) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


View and export this data going back to . Start your Free Trial

What is MME Moviement AG 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


MME Moviement AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MME Moviement AG'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.

MME Moviement AG Cyclically Adjusted PB Ratio Chart

MME Moviement AG Annual Data
Trend Dec04 Dec05 Dec06 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

MME Moviement AG Semi-Annual Data
Dec03 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
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 - - - - -

Competitive Comparison of MME Moviement AG's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, MME Moviement AG'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.


MME Moviement AG's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



MME Moviement AG 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.

MME Moviement AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug14 is calculated as:

For example, MME Moviement AG's adjusted Book Value per Share data for the fiscal year that ended in Aug14 was:

Adj_Book=Book Value per Share/CPI of Aug14 (Change)*Current CPI (Aug14)
=2.848/99.8225*99.8225
=2.848

Current CPI (Aug14) = 99.8225.

MME Moviement AG Annual Data

Book Value per Share CPI Adj_Book
200412 1.286 85.922 1.494
200512 1.735 87.135 1.988
200612 1.988 88.348 2.246
200808 2.520 92.546 2.718
200908 2.717 92.546 2.931
201008 2.534 93.479 2.706
201108 2.633 95.438 2.754
201208 2.486 97.490 2.545
201308 2.897 98.983 2.922
201408 2.848 99.823 2.848

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.


MME Moviement AG  (LTS:0NDQ) 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.


MME Moviement AG Cyclically Adjusted PB Ratio Related Terms

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


MME Moviement AG (LTS:0NDQ) Business Description

Traded in Other Exchanges
N/A
Address
The Company is a leading independent content producer for television entertainment. It supplies TV broadcasters in Germany with its productions in the programme categories Fiction, Non-Fiction, Documentation and Show/Music programming.

MME Moviement AG (LTS:0NDQ) Headlines

No Headlines