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Gambero Rosso SpA (MIL:GAMB) Cyclically Adjusted PB Ratio : 0.45 (As of Jun. 06, 2024)


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What is Gambero Rosso SpA Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Gambero Rosso SpA's current share price is €0.374. Gambero Rosso SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €0.83. Gambero Rosso SpA's Cyclically Adjusted PB Ratio for today is 0.45.

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

MIL:GAMB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.54   Max: 0.61
Current: 0.43

During the past 10 years, Gambero Rosso SpA's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.43. And the median was 0.54.

MIL:GAMB's Cyclically Adjusted PB Ratio is ranked better than
80.23% of 688 companies
in the Media - Diversified industry
Industry Median: 1.13 vs MIL:GAMB: 0.43

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.

Gambero Rosso SpA's adjusted book value per share data of for the fiscal year that ended in Dec23 was €0.893. 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 €0.83 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gambero Rosso SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gambero Rosso 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.

Gambero Rosso SpA Cyclically Adjusted PB Ratio Chart

Gambero Rosso 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 - - - - 0.57

Gambero Rosso SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 0.57

Competitive Comparison of Gambero Rosso SpA's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Gambero Rosso 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.


Gambero Rosso SpA's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Gambero Rosso 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.

Gambero Rosso SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.374/0.83
=0.45

* 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.

Gambero Rosso SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Gambero Rosso SpA's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.893/119.7000*119.7000
=0.893

Current CPI (Dec23) = 119.7000.

Gambero Rosso SpA Annual Data

Book Value per Share CPI Adj_Book
201412 0.129 99.721 0.155
201512 0.588 99.814 0.705
201612 0.636 100.300 0.759
201712 1.000 101.200 1.183
201812 1.088 102.300 1.273
201912 0.815 102.800 0.949
202012 0.693 102.600 0.809
202112 0.693 106.600 0.778
202212 0.806 119.000 0.811
202312 0.893 119.700 0.893

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.


Gambero Rosso SpA  (MIL:GAMB) 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.


Gambero Rosso SpA Cyclically Adjusted PB Ratio Related Terms

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Gambero Rosso SpA (MIL:GAMB) Business Description

Traded in Other Exchanges
N/A
Address
Via Ottavio Gasparri, 13/17, Roma, ITA, 00152
Gambero Rosso SpA is an Italian publishing group. It operates in two operating segments: Food and wine, Publishing. The company publishes monthly magazines, the weekly Tre Bicchieri and the programs of Gambero Rosso Channel. Whereas in Food and wine, it operates in variety of courses.