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GMA Network (PHS:GMA7) Cyclically Adjusted PB Ratio : 2.17 (As of Sep. 23, 2024)


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What is GMA Network Cyclically Adjusted PB Ratio?

As of today (2024-09-23), GMA Network's current share price is ₱7.10. GMA Network's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ₱3.27. GMA Network's Cyclically Adjusted PB Ratio for today is 2.17.

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

PHS:GMA7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.69   Med: 2.59   Max: 5.64
Current: 2.17

During the past years, GMA Network's highest Cyclically Adjusted PB Ratio was 5.64. The lowest was 1.69. And the median was 2.59.

PHS:GMA7's Cyclically Adjusted PB Ratio is ranked worse than
75.08% of 606 companies
in the Media - Diversified industry
Industry Median: 1.09 vs PHS:GMA7: 2.17

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.

GMA Network's adjusted book value per share data for the three months ended in Jun. 2024 was ₱3.289. 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 ₱3.27 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMA Network Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GMA Network'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.

GMA Network Cyclically Adjusted PB Ratio Chart

GMA Network 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 1.90 2.19 4.82 3.70 2.64

GMA Network Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.92 2.55 2.64 2.80 2.26

Competitive Comparison of GMA Network's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, GMA Network'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.


GMA Network's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



GMA Network 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.

GMA Network's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.10/3.27
=2.17

* 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.

GMA Network's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, GMA Network's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=3.289/132.5538*132.5538
=3.289

Current CPI (Jun. 2024) = 132.5538.

GMA Network Quarterly Data

Book Value per Share CPI Adj_Book
201409 2.522 100.428 3.329
201412 2.437 99.070 3.261
201503 2.195 99.621 2.921
201506 2.399 100.684 3.158
201509 2.608 100.392 3.444
201512 2.689 99.792 3.572
201603 2.988 100.470 3.942
201606 2.814 101.688 3.668
201609 3.032 101.861 3.946
201612 2.650 101.863 3.448
201703 1.843 102.862 2.375
201706 2.054 103.349 2.634
201709 2.283 104.136 2.906
201712 2.351 104.011 2.996
201803 2.477 105.290 3.118
201806 1.992 106.317 2.484
201809 2.211 106.507 2.752
201812 2.388 105.998 2.986
201903 1.950 107.251 2.410
201906 2.137 108.070 2.621
201909 2.384 108.329 2.917
201912 2.406 108.420 2.942
202003 2.576 108.902 3.135
202006 2.388 108.767 2.910
202009 3.131 109.815 3.779
202012 3.365 109.897 4.059
202103 2.006 111.754 2.379
202106 2.475 114.631 2.862
202109 3.172 115.734 3.633
202112 3.859 117.630 4.349
202203 2.390 121.301 2.612
202206 2.945 125.017 3.123
202209 3.270 125.227 3.461
202212 4.128 125.222 4.370
202303 4.307 127.348 4.483
202306 2.890 128.729 2.976
202309 3.270 129.860 3.338
202312 3.977 129.419 4.073
202403 4.038 131.776 4.062
202406 3.289 132.554 3.289

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.


GMA Network  (PHS:GMA7) 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.


GMA Network Cyclically Adjusted PB Ratio Related Terms

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


GMA Network Business Description

Traded in Other Exchanges
N/A
Address
GMA Network Center, Timog Avenue EDSA corner, Diliman, Quezon, PHL, 1103
GMA Network Inc is a media broadcasting company. The company has three operating segments namely, Television and Radio airtime, International Subscription, and Other Businesses. Its television and Radio segment is engaged in broadcasting activities and the sale of national and regional advertising time. The International Subscription segment is engaged in subscription arrangements with international cable companies and the Other Businesses segment includes movie production, consumer products, and other services. Geographically, it operates in the Philippines and other countries, of which a majority of the revenue is derived from the Philippines.

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