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Il Sole 24 Ore (MIL:S24) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 22, 2024)


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What is Il Sole 24 Ore Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Il Sole 24 Ore's current share price is €0.742. Il Sole 24 Ore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.97. Il Sole 24 Ore's Cyclically Adjusted PB Ratio for today is 0.76.

The historical rank and industry rank for Il Sole 24 Ore's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIL:S24' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.14   Max: 0.82
Current: 0.75

During the past years, Il Sole 24 Ore's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.02. And the median was 0.14.

MIL:S24's Cyclically Adjusted PB Ratio is ranked better than
63.86% of 700 companies
in the Media - Diversified industry
Industry Median: 1.1 vs MIL:S24: 0.75

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.

Il Sole 24 Ore's adjusted book value per share data for the three months ended in Mar. 2024 was €0.355. 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 €0.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Il Sole 24 Ore Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Il Sole 24 Ore'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.

Il Sole 24 Ore Cyclically Adjusted PB Ratio Chart

Il Sole 24 Ore 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 0.16 0.14 0.23 0.29 0.64

Il Sole 24 Ore 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 0.35 0.46 0.47 0.64 0.68

Competitive Comparison of Il Sole 24 Ore's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Il Sole 24 Ore'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.


Il Sole 24 Ore's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Il Sole 24 Ore's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Il Sole 24 Ore's Cyclically Adjusted PB Ratio falls into.



Il Sole 24 Ore 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.

Il Sole 24 Ore's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.742/0.97
=0.76

* 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.

Il Sole 24 Ore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Il Sole 24 Ore'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)
=0.355/120.2000*120.2000
=0.355

Current CPI (Mar. 2024) = 120.2000.

Il Sole 24 Ore Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.999 100.093 4.802
201409 3.399 99.814 4.093
201412 3.478 99.721 4.192
201503 3.389 99.814 4.081
201506 3.245 100.279 3.890
201509 2.701 100.000 3.247
201512 2.545 99.814 3.065
201603 2.560 99.600 3.089
201606 0.892 99.900 1.073
201609 0.518 100.100 0.622
201612 -0.391 100.300 -0.469
201703 -1.264 101.000 -1.504
201706 -1.821 101.100 -2.165
201709 -2.002 101.200 -2.378
201712 0.639 101.200 0.759
201803 0.663 101.800 0.783
201806 0.580 102.400 0.681
201809 0.507 102.600 0.594
201812 0.551 102.300 0.647
201903 0.559 102.800 0.654
201906 0.605 103.100 0.705
201909 0.581 102.900 0.679
201912 0.563 102.800 0.658
202003 0.483 102.900 0.564
202006 0.482 102.900 0.563
202009 0.507 102.300 0.596
202012 0.543 102.600 0.636
202103 0.458 103.700 0.531
202106 0.492 104.200 0.568
202109 0.482 104.900 0.552
202112 0.213 106.600 0.240
202203 0.166 110.400 0.181
202206 0.234 112.500 0.250
202209 0.266 114.200 0.280
202212 0.245 119.000 0.247
202303 0.249 118.800 0.252
202306 0.328 119.700 0.329
202309 0.326 120.300 0.326
202312 0.363 119.700 0.365
202403 0.355 120.200 0.355

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.


Il Sole 24 Ore  (MIL:S24) 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.


Il Sole 24 Ore Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Il Sole 24 Ore's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Il Sole 24 Ore (MIL:S24) Business Description

Traded in Other Exchanges
N/A
Address
Via Monte Rosa, 91, Milan, MI, ITA, 20149
Il Sole 24 Ore is engaged in publishing news, books, and magazines. The company's segments are categorized into seven divisions. The Publishing and Digital division engages in publishing the daily newspaper, broadsheets, magazines, website, and the radiocor plus press agency. The Tax and legal segment provide products with technical and regulatory content. Its Radio segment manages the national radio 24 broadcasters. The System segment functions as an advertising sales agency. The Education and services segment provides training to young university graduates, managers, and professionals. The Culture segment comprises of the production of exhibitions and book publication. The Corporate and centralized services seek departments and the services associated with the support processes.

Il Sole 24 Ore (MIL:S24) Headlines

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