Cairo Communication SpA (MIL:CAI) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:CAI Cairo Communication SpA MIL:CAI
64 GF Score
Price €2.23
GF Value €2.66
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Cairo Communication SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cairo Communication SpA  (MIL:CAI) 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.


Cairo Communication SpA Cyclically Adjusted PB Ratio Related Terms


Cairo Communication SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cairo Communication SpA'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.

Cairo Communication SpA Cyclically Adjusted PB Ratio Chart

Cairo Communication SpA 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 0.52 0.30 0.33 0.41 0.42

Cairo Communication SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.38 0.42 0.49 0.45 0.37

MIL:CAI vs NYT, WLY: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, Cairo Communication SpA'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.


Cairo Communication SpA Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

* The bar in red indicates where Cairo Communication SpA's Cyclically Adjusted PB Ratio falls into.


MIL:CAI
64GF Score
Cairo Communication SpA MIL:CAI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cairo Communication SpA 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.

Cairo Communication SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Cairo Communication SpA'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)
=7.779/122.6000*122.6000
=7.779

Current CPI (Dec25) = 122.6000.

Cairo Communication SpA Annual Data

Book Value per Share CPI Adj_Book
201612 4.209 100.300 5.145
201712 4.779 101.200 5.790
201812 5.384 102.300 6.452
201912 5.582 102.800 6.657
202012 5.787 102.600 6.915
202112 6.307 106.600 7.254
202212 6.449 119.000 6.644
202312 6.661 119.700 6.822
202412 6.916 121.200 6.996
202512 7.779 122.600 7.779

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 Cairo Communication SpA (MIL:CAI) Overvalued in 2026?

Based on GuruFocus' analysis, Cairo Communication SpA stock appears to be undervalued. The current stock price of €2.23 is trading 16.2% below its estimated GF Value™ of €2.66. GuruFocus considers Cairo Communication SpA to be Modestly Undervalued.

Key valuation signals for MIL:CAI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €2.66 vs. price of €2.23 (16.2% below fair value)
  • GF Score™: 64/100 with 1 warning sign

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


Cairo Communication SpA Business Description

Other Exchanges 0N7I:UKCI1A:Germany
Address Via Angelo Rizzoli 8, Milan, ITA, 20123
Cairo Communication SpA is an Italian-based advertising company. It is engaged in the business of media and publication. It carries out its activity through three communication platforms that include advertisements, publications, and the Internet. Publication activity is done by publishing periodicals, magazines, and books. It is a dealer for the sale of advertising space on various media platforms such as commercial television, paid digital television, print, and the Internet. It operates on the internet through its Trovatore search engine. Its segment includes magazine publishing Cairo Editore, advertising, TV publishing La7, network operator, and RCS.
64GF Score

Get the complete analysis for MIL:CAI

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

€2.23
Price
€2.66
GF Value