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Corporacion Interamericana de EntretenimientoB de CV (MEX:CIEB) Cyclically Adjusted PB Ratio : 2.90 (As of Jun. 23, 2024)


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What is Corporacion Interamericana de EntretenimientoB de CV Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Corporacion Interamericana de EntretenimientoB de CV's current share price is MXN23.00. Corporacion Interamericana de EntretenimientoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN7.94. Corporacion Interamericana de EntretenimientoB de CV's Cyclically Adjusted PB Ratio for today is 2.90.

The historical rank and industry rank for Corporacion Interamericana de EntretenimientoB de CV's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:CIEB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.94   Max: 3.21
Current: 2.9

During the past years, Corporacion Interamericana de EntretenimientoB de CV's highest Cyclically Adjusted PB Ratio was 3.21. The lowest was 0.72. And the median was 1.94.

MEX:CIEB's Cyclically Adjusted PB Ratio is ranked worse than
77.86% of 700 companies
in the Media - Diversified industry
Industry Median: 1.1 vs MEX:CIEB: 2.90

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.

Corporacion Interamericana de EntretenimientoB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was MXN10.960. 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 MXN7.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporacion Interamericana de EntretenimientoB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Corporacion Interamericana de EntretenimientoB de CV'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.

Corporacion Interamericana de EntretenimientoB de CV Cyclically Adjusted PB Ratio Chart

Corporacion Interamericana de EntretenimientoB de CV 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 2.33 1.53 1.46 1.87 2.95

Corporacion Interamericana de EntretenimientoB de CV 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 1.47 1.89 2.14 2.95 3.14

Competitive Comparison of Corporacion Interamericana de EntretenimientoB de CV's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Corporacion Interamericana de EntretenimientoB de CV'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.


Corporacion Interamericana de EntretenimientoB de CV's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Corporacion Interamericana de EntretenimientoB de CV's Cyclically Adjusted PB Ratio falls into.



Corporacion Interamericana de EntretenimientoB de CV 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.

Corporacion Interamericana de EntretenimientoB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.00/7.94
=2.90

* 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.

Corporacion Interamericana de EntretenimientoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Corporacion Interamericana de EntretenimientoB de CV'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)
=10.96/152.9470*152.9470
=10.960

Current CPI (Mar. 2024) = 152.9470.

Corporacion Interamericana de EntretenimientoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.005 96.609 7.924
201409 4.996 97.652 7.825
201412 4.959 99.469 7.625
201503 5.066 99.973 7.750
201506 5.113 99.382 7.869
201509 5.209 100.112 7.958
201512 5.847 101.588 8.803
201603 5.935 102.573 8.850
201606 6.246 101.905 9.375
201609 6.265 103.084 9.295
201612 6.185 105.002 9.009
201703 6.092 108.063 8.622
201706 5.451 108.339 7.695
201709 5.186 109.628 7.235
201712 5.011 112.114 6.836
201803 4.951 113.505 6.671
201806 5.282 113.373 7.126
201809 5.310 115.130 7.054
201812 5.190 117.530 6.754
201903 4.972 118.050 6.442
201906 4.999 117.848 6.488
201909 5.132 118.581 6.619
201912 4.541 120.854 5.747
202003 4.654 121.885 5.840
202006 3.485 121.777 4.377
202009 2.766 123.341 3.430
202012 1.740 124.661 2.135
202103 1.516 127.574 1.818
202106 1.256 128.936 1.490
202109 0.903 130.742 1.056
202112 12.147 133.830 13.882
202203 12.285 137.082 13.707
202206 12.484 139.233 13.714
202209 12.880 142.116 13.862
202212 14.579 144.291 15.454
202303 9.177 146.472 9.583
202306 9.244 146.272 9.666
202309 9.646 148.446 9.938
202312 10.781 151.017 10.919
202403 10.960 152.947 10.960

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.


Corporacion Interamericana de EntretenimientoB de CV  (MEX:CIEB) 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.


Corporacion Interamericana de EntretenimientoB de CV Cyclically Adjusted PB Ratio Related Terms

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Corporacion Interamericana de EntretenimientoB de CV (MEX:CIEB) Business Description

Traded in Other Exchanges
N/A
Address
Av. Industria Militar S/N, Residencial Militar, Mexico DF, MEX, 11600
Corporacion Interamericana de Entretenimiento SAB de CV is a Mexico-based company engaged in the business of providing entertainment services in Latin America and worldwide. It offers a wide Range of entertainment options to a variety of audiences and budgets in large- and medium-sized cities. Its services include concerts, theatrical productions, sporting events, family events and cultural events, among others. In addition, it operates an amusement park in Colombia.

Corporacion Interamericana de EntretenimientoB de CV (MEX:CIEB) Headlines

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