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Threes Company Media Group Co (SHSE:605168) Cyclically Adjusted PB Ratio : 5.42 (As of Jun. 21, 2024)


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What is Threes Company Media Group Co Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Threes Company Media Group Co's current share price is ¥27.99. Threes Company Media Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ¥5.16. Threes Company Media Group Co's Cyclically Adjusted PB Ratio for today is 5.42.

The historical rank and industry rank for Threes Company Media Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:605168' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.45   Med: 9.21   Max: 16.96
Current: 5.45

During the past 11 years, Threes Company Media Group Co's highest Cyclically Adjusted PB Ratio was 16.96. The lowest was 5.45. And the median was 9.21.

SHSE:605168's Cyclically Adjusted PB Ratio is ranked worse than
92.29% of 700 companies
in the Media - Diversified industry
Industry Median: 1.1 vs SHSE:605168: 5.45

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.

Threes Company Media Group Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was ¥13.605. 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 ¥5.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Threes Company Media Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Threes Company Media Group Co'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.

Threes Company Media Group Co Cyclically Adjusted PB Ratio Chart

Threes Company Media Group Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 9.99 8.46

Threes Company Media Group Co 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 - - - 8.46 -

Competitive Comparison of Threes Company Media Group Co's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Threes Company Media Group Co'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.


Threes Company Media Group Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Threes Company Media Group Co's Cyclically Adjusted PB Ratio falls into.



Threes Company Media Group Co 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.

Threes Company Media Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.99/5.16
=5.42

* 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.

Threes Company Media Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Threes Company Media Group Co'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)
=13.605/114.7809*114.7809
=13.605

Current CPI (Dec23) = 114.7809.

Threes Company Media Group Co Annual Data

Book Value per Share CPI Adj_Book
201312 0.964 97.624 1.133
201412 0.408 99.000 0.473
201612 0.891 102.600 0.997
201712 1.194 104.500 1.311
201812 1.652 106.500 1.780
201912 2.387 111.200 2.464
202012 7.969 111.500 8.203
202112 9.465 113.108 9.605
202212 12.089 115.116 12.054
202312 13.605 114.781 13.605

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.


Threes Company Media Group Co  (SHSE:605168) 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.


Threes Company Media Group Co Cyclically Adjusted PB Ratio Related Terms

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


Threes Company Media Group Co (SHSE:605168) Business Description

Traded in Other Exchanges
N/A
Address
Keji 2nd Road, Xi'an Software Park, No. 72, E401, Tangle Pavilion, High-tech Zone, Shaanxi Province, Xi'an, CHN
Threes Company Media Group Co Ltd is a one-stop campus integrated marketing and professional digital marketing service provider. The company is engaged in digital marketing services, scene activity services and campus media marketing services. Its services include campus integration marketing, public relations event planning, and case-based digital marketing. System, service content covers campus marketing and promotion, campus event planning, brand strategy, Internet communication strategy, media strategy, creative services, technical services, media procurement, social marketing and many other aspects.
Executives
Guo Xian Wei Director
Wang Chuan Directors, senior managers
Li Da senior management
Chen Sheng senior management
Zhang Hao Directors, senior managers
Dai Xiu Ju Supervisors
Wang Lei Supervisors
Qian Jun Dong Directors, senior managers

Threes Company Media Group Co (SHSE:605168) Headlines

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