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MANU (Manchester United) Cyclically Adjusted PB Ratio : 4.10 (As of May. 30, 2025)


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What is Manchester United Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Manchester United's current share price is $14.17. Manchester United's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $3.46. Manchester United's Cyclically Adjusted PB Ratio for today is 4.10.

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

MANU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.57   Med: 4.27   Max: 6.31
Current: 4.07

During the past years, Manchester United's highest Cyclically Adjusted PB Ratio was 6.31. The lowest was 2.57. And the median was 4.27.

MANU's Cyclically Adjusted PB Ratio is ranked worse than
88.66% of 679 companies
in the Media - Diversified industry
Industry Median: 1.08 vs MANU: 4.07

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.

Manchester United's adjusted book value per share data for the three months ended in Dec. 2024 was $1.457. 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 $3.46 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manchester United Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Manchester United'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.

Manchester United Cyclically Adjusted PB Ratio Chart

Manchester United Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.76 2.66 5.94 4.41

Manchester United Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.27 3.71 4.41 4.57 5.02

Competitive Comparison of Manchester United's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Manchester United'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.


Manchester United's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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


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Manchester United 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.

Manchester United's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.17/3.46
=4.10

* 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.

Manchester United's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Manchester United's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.457/135.1000*135.1000
=1.457

Current CPI (Dec. 2024) = 135.1000.

Manchester United Quarterly Data

Book Value per Share CPI Adj_Book
201503 4.318 99.600 5.857
201506 4.543 100.100 6.131
201509 4.431 100.200 5.974
201512 4.416 100.400 5.942
201603 4.158 100.400 5.595
201606 3.969 101.000 5.309
201609 3.647 101.500 4.854
201612 3.560 102.200 4.706
201703 3.446 102.700 4.533
201706 3.744 103.500 4.887
201709 4.008 104.300 5.192
201712 3.798 105.000 4.887
201803 3.968 105.100 5.101
201806 3.452 105.900 4.404
201809 3.436 106.600 4.355
201812 3.483 107.100 4.394
201903 3.634 107.000 4.588
201906 3.198 107.900 4.004
201909 3.088 108.400 3.849
201912 3.671 108.500 4.571
202003 3.114 108.600 3.874
202006 2.698 108.800 3.350
202009 2.698 109.200 3.338
202012 3.346 109.400 4.132
202103 3.198 109.700 3.938
202106 2.345 111.400 2.844
202109 2.079 112.400 2.499
202112 2.013 114.700 2.371
202203 1.709 116.500 1.982
202206 0.963 120.500 1.080
202209 0.703 122.300 0.777
202212 0.811 125.300 0.874
202303 0.770 126.800 0.820
202306 0.804 129.400 0.839
202309 0.546 130.100 0.567
202312 0.745 130.500 0.771
202403 1.376 131.600 1.413
202406 1.089 133.000 1.106
202409 1.158 133.500 1.172
202412 1.457 135.100 1.457

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.


Manchester United  (NYSE:MANU) 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.


Manchester United Cyclically Adjusted PB Ratio Related Terms

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


Manchester United Business Description

Traded in Other Exchanges
Address
Sir Matt Busby Way, Old Trafford, Manchester, GBR, M16 0RA
Manchester United PLC operates a professional football club together with related and ancillary activities. The company manages the soccer team and all affiliated club activities of the Manchester United Football Club, which includes the media network, foundation, fan zone, news, and sports features, and team merchandise. Manchester United is based in England. The company has three principal sectors from which the majority of the revenue is generated including Commercial, Broadcasting, and Matchday.