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PJSC MegaFon (MIC:MFON) Cyclically Adjusted PB Ratio : 1.96 (As of May. 27, 2024)


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What is PJSC MegaFon Cyclically Adjusted PB Ratio?

As of today (2024-05-27), PJSC MegaFon's current share price is ₽650.60. PJSC MegaFon's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₽332.07. PJSC MegaFon's Cyclically Adjusted PB Ratio for today is 1.96.

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

MIC:MFON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.96   Med: 2.07   Max: 2.12
Current: 1.96

During the past years, PJSC MegaFon's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 1.96. And the median was 2.07.

MIC:MFON's Cyclically Adjusted PB Ratio is not ranked
in the Telecommunication Services industry.
Industry Median: 1.48 vs MIC:MFON: 1.96

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.

PJSC MegaFon's adjusted book value per share data for the three months ended in Sep. 2023 was ₽121.940. 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 ₽332.07 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PJSC MegaFon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PJSC MegaFon'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.

PJSC MegaFon Cyclically Adjusted PB Ratio Chart

PJSC MegaFon Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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PJSC MegaFon Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 - - - - -

Competitive Comparison of PJSC MegaFon's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, PJSC MegaFon'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.


PJSC MegaFon's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PJSC MegaFon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PJSC MegaFon 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.

PJSC MegaFon's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=650.60/332.07
=1.96

* 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.

PJSC MegaFon's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, PJSC MegaFon's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=121.94/242.6000*242.6000
=121.940

Current CPI (Sep. 2023) = 242.6000.

PJSC MegaFon Quarterly Data

Book Value per Share CPI Adj_Book
201309 223.027 122.800 440.605
201312 240.872 124.900 467.859
201403 253.808 127.800 481.798
201406 212.051 130.900 392.999
201409 260.847 132.700 476.876
201412 264.712 139.000 462.008
201503 277.134 149.400 450.018
201506 282.964 150.900 454.918
201509 304.302 153.500 480.936
201512 248.276 157.000 383.642
201603 263.328 160.200 398.773
201606 218.660 162.200 327.046
201609 228.187 163.300 338.997
201612 208.437 165.400 305.724
201703 214.567 167.000 311.700
201706 164.290 169.200 235.560
201709 177.195 168.200 255.574
201712 184.275 169.600 263.591
201803 195.944 171.000 277.988
201806 232.961 173.100 326.495
201809 145.667 173.900 203.213
201812 147.106 176.800 201.855
201903 103.398 179.900 139.435
201906 103.895 181.200 139.100
201909 110.982 180.800 148.917
201912 240.741 182.200 320.548
202003 343.448 184.500 451.602
202006 348.981 187.000 452.742
202009 0.000 187.400 0.000
202012 249.391 191.100 316.600
202103 387.419 195.200 481.495
202106 404.379 199.100 492.729
202109 307.234 201.300 370.268
202112 323.379 207.200 378.628
202203 0.000 227.800 0.000
202206 286.947 230.800 301.618
202209 308.892 228.800 327.523
202212 105.699 231.900 110.576
202303 123.348 235.800 126.905
202309 121.940 242.600 121.940

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.


PJSC MegaFon  (MIC:MFON) 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.


PJSC MegaFon Cyclically Adjusted PB Ratio Related Terms

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


PJSC MegaFon (MIC:MFON) Business Description

Traded in Other Exchanges
N/A
Address
41 Oruzheyniy Lane, Moscow, RUS, 127006
PJSC MegaFon is a telecommunications company that provides fixed-line, mobile business, and hardware operations. The primary mobile segment provides voice, data, Internet, and business solutions products for customers in the Russian Federation. MegaFon operates its retail chain of stores through both direct ownership and franchised operations. The company also manages a hardware brand, which creates fixed phones, mobile phones, modems, laptops, and tablet computers. MegaFon generates the vast majority of its revenue in Russia. The company earns revenue in the form of Wireless services, wireline services, and sale of equipment and accessories, out of which the majority of the revenue is generated from Wireless services.