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Cairo Communication SpA (MIL:CAI) Cyclically Adjusted PB Ratio : 0.65 (As of Jun. 24, 2024)


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What is Cairo Communication SpA Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Cairo Communication SpA's current share price is €2.17. Cairo Communication SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.32. Cairo Communication SpA's Cyclically Adjusted PB Ratio for today is 0.65.

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

MIL:CAI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.75   Max: 2.41
Current: 0.65

During the past years, Cairo Communication SpA's highest Cyclically Adjusted PB Ratio was 2.41. The lowest was 0.49. And the median was 0.75.

MIL:CAI's Cyclically Adjusted PB Ratio is ranked better than
68% of 700 companies
in the Media - Diversified industry
Industry Median: 1.09 vs MIL:CAI: 0.65

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.

Cairo Communication SpA's adjusted book value per share data for the three months ended in Mar. 2024 was €4.064. 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 €3.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cairo Communication SpA Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Cairo Communication SpA Cyclically Adjusted PB Ratio Chart

Cairo Communication SpA 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 1.43 0.59 0.83 0.50 0.56

Cairo Communication SpA 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 0.61 0.52 0.50 0.56 0.60

Competitive Comparison of Cairo Communication SpA's Cyclically Adjusted PB Ratio

For the Advertising Agencies 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's Cyclically Adjusted PB Ratio Distribution in the 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.



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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.17/3.32
=0.65

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cairo Communication SpA'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)
=4.064/120.2000*120.2000
=4.064

Current CPI (Mar. 2024) = 120.2000.

Cairo Communication SpA Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.500 100.093 1.801
201409 1.556 99.814 1.874
201412 1.612 99.721 1.943
201503 1.637 99.814 1.971
201506 1.416 100.279 1.697
201509 1.431 100.000 1.720
201512 1.483 99.814 1.786
201603 1.504 99.600 1.815
201606 1.331 99.900 1.601
201609 2.443 100.100 2.934
201612 2.565 100.300 3.074
201703 2.535 101.000 3.017
201706 2.671 101.100 3.176
201709 2.654 101.200 3.152
201712 2.913 101.200 3.460
201803 2.933 101.800 3.463
201806 3.035 102.400 3.563
201809 3.049 102.600 3.572
201812 3.250 102.300 3.819
201903 3.219 102.800 3.764
201906 3.248 103.100 3.787
201909 3.243 102.900 3.788
201912 3.372 102.800 3.943
202003 3.319 102.900 3.877
202006 3.274 102.900 3.824
202009 3.285 102.300 3.860
202012 3.485 102.600 4.083
202103 3.453 103.700 4.002
202106 3.631 104.200 4.189
202109 3.660 104.900 4.194
202112 3.827 106.600 4.315
202203 3.808 110.400 4.146
202206 3.741 112.500 3.997
202209 3.721 114.200 3.916
202212 3.906 119.000 3.945
202303 3.882 118.800 3.928
202306 3.880 119.700 3.896
202309 3.840 120.300 3.837
202312 4.080 119.700 4.097
202403 4.064 120.200 4.064

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.


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

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


Cairo Communication SpA (MIL:CAI) Business Description

Traded in Other Exchanges
Address
Corso Magenta 55, Milan, ITA, 20123
Cairo Communication SpA is an Italian-based advertisement company. It is engaged in the business of media and publication. It carries out its activity through three communication platforms that include advertisement, 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.