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The Pegasus (The Pegasus) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is The Pegasus Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Pegasus Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Pegasus'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.

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The Pegasus Cyclically Adjusted PB Ratio Chart

The Pegasus Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Cyclically Adjusted PB Ratio
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The Pegasus Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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Competitive Comparison of The Pegasus's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, The Pegasus'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.


The Pegasus's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



The Pegasus 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.

The Pegasus's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2006 is calculated as:

For example, The Pegasus's adjusted Book Value per Share data for the three months ended in Sep. 2006 was:

Adj_Book=Book Value per Share/CPI of Sep. 2006 (Change)*Current CPI (Sep. 2006)
=1111.12/85.6057*85.6057
=1,111.120

Current CPI (Sep. 2006) = 85.6057.

The Pegasus Quarterly Data

Book Value per Share CPI Adj_Book
199612 1,089.189 66.915 1,393.421
199703 1,302.857 67.506 1,652.186
199706 1,035.897 67.632 1,311.188
199709 810.000 68.012 1,019.535
199712 721.053 68.054 907.016
199803 318.421 68.434 398.321
199806 1,935.088 68.771 2,408.771
199809 1,580.952 69.025 1,960.729
199812 907.813 69.151 1,123.827
199903 1,340.000 69.615 1,647.793
199906 534.615 70.122 652.668
199909 -173.418 70.839 -209.568
199912 -363.110 71.008 -437.760
200003 336.050 72.231 398.274
200006 5,754.265 72.737 6,772.278
200009 4,693.624 73.286 5,482.650
200012 4,797.406 73.413 5,594.215
200103 4,069.865 74.341 4,686.580
200106 3,515.564 75.100 4,007.349
200109 2,836.747 75.227 3,228.132
200112 2,599.701 74.552 2,985.170
200203 2,153.019 75.438 2,443.221
200206 2,110.914 75.902 2,380.793
200209 2,854.245 76.366 3,199.595
200212 2,334.906 76.324 2,618.866
200303 2,056.997 77.716 2,265.826
200306 1,660.130 77.505 1,833.644
200309 1,341.648 78.138 1,469.872
200312 2,670.824 77.758 2,940.372
200403 425.118 79.066 460.280
200406 -3,339.597 80.037 -3,571.977
200409 -3,527.843 80.121 -3,769.352
200412 -1,813.737 80.290 -1,933.827
200503 -1,849.215 81.555 -1,941.055
200506 1,424.824 82.062 1,486.360
200509 1,374.317 83.876 1,402.662
200512 1,317.117 83.032 1,357.943
200603 1,250.933 84.298 1,270.342
200606 1,172.979 85.606 1,172.979
200609 1,111.120 85.606 1,111.120

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.


The Pegasus  (OTCPK:PEGX) 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.


The Pegasus Cyclically Adjusted PB Ratio Related Terms

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The Pegasus (The Pegasus) Business Description

Traded in Other Exchanges
N/A
Address
225 City Line Avenue, Suite 100, Bala Cynwyd, PA, USA, 19004
The Pegasus Companies Inc is the holding company for a variety of satellite and media companies. The company previously operated as an independent provider of DIRECTV to more than 1.1 million subscribers but went into bankruptcy following the termination of the relationship. The company primarily owns and operates six broadcast TV stations and operates three others. These stations serve markets in Tennessee, Florida, Pennsylvania, and Maine.
Executives
Peninsula Investment Partners, L.p. 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
Peninsula Capital Advisors Llc 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
James Mcentee director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Ronald B Stark officer: Principal Accounting Officer C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Par Capital Management Inc 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Pegasus Capital Llc 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902

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