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Television Francaise 1 (Television Francaise 1) Cyclically Adjusted PB Ratio : 0.93 (As of Jun. 15, 2024)


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What is Television Francaise 1 Cyclically Adjusted PB Ratio?

As of today (2024-06-15), Television Francaise 1's current share price is $6.09. Television Francaise 1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.55. Television Francaise 1's Cyclically Adjusted PB Ratio for today is 0.93.

The historical rank and industry rank for Television Francaise 1's Cyclically Adjusted PB Ratio or its related term are showing as below:

TVFCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.91   Max: 1.25
Current: 0.82

During the past years, Television Francaise 1's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.52. And the median was 0.91.

TVFCF's Cyclically Adjusted PB Ratio is ranked better than
60.29% of 700 companies
in the Media - Diversified industry
Industry Median: 1.09 vs TVFCF: 0.82

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.

Television Francaise 1's adjusted book value per share data for the three months ended in Mar. 2024 was $10.233. 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 $6.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Television Francaise 1 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Television Francaise 1'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.

Television Francaise 1 Cyclically Adjusted PB Ratio Chart

Television Francaise 1 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 0.92 0.82 1.06 0.82 0.79

Television Francaise 1 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 0.91 0.70 0.80 0.79 0.93

Competitive Comparison of Television Francaise 1's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Television Francaise 1'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.


Television Francaise 1's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Television Francaise 1's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Television Francaise 1's Cyclically Adjusted PB Ratio falls into.



Television Francaise 1 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.

Television Francaise 1's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.09/6.55
=0.93

* 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.

Television Francaise 1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Television Francaise 1'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)
=10.233/119.4700*119.4700
=10.233

Current CPI (Mar. 2024) = 119.4700.

Television Francaise 1 Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.293 100.180 14.660
201409 11.792 99.920 14.099
201412 11.678 99.860 13.971
201503 10.451 100.170 12.465
201506 9.287 100.440 11.047
201509 9.093 99.950 10.869
201512 9.076 100.040 10.839
201603 8.534 100.020 10.194
201606 7.814 100.630 9.277
201609 7.705 100.340 9.174
201612 7.522 100.650 8.928
201703 7.740 101.170 9.140
201706 8.057 101.320 9.500
201709 8.599 101.330 10.138
201712 8.952 101.850 10.501
201803 9.474 102.750 11.016
201806 8.412 103.370 9.722
201809 8.503 103.560 9.809
201812 8.533 103.470 9.852
201903 8.604 103.890 9.894
201906 8.470 104.580 9.676
201909 8.282 104.500 9.468
201912 8.257 104.980 9.397
202003 8.349 104.590 9.537
202006 8.508 104.790 9.700
202009 9.114 104.550 10.415
202012 9.289 104.960 10.573
202103 9.317 105.750 10.526
202106 9.310 106.340 10.460
202109 9.242 106.810 10.337
202112 9.492 107.850 10.515
202203 9.405 110.490 10.169
202206 9.103 112.550 9.663
202209 8.668 112.740 9.185
202212 9.375 114.160 9.811
202303 9.619 116.790 9.840
202306 9.546 117.650 9.694
202309 9.588 118.260 9.686
202312 10.100 118.390 10.192
202403 10.233 119.470 10.233

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.


Television Francaise 1  (OTCPK:TVFCF) 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.


Television Francaise 1 Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Television Francaise 1's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Television Francaise 1 (Television Francaise 1) Business Description

Traded in Other Exchanges
Address
1, quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100
Television Francaise 1 SA is a television broadcasting company. The firm operates numerous television channels, including TF1, which is the company's flagship channel that broadcasts a variety of television programming. Additionally, the company controls other channels such as LCI, which focuses on news and current events, and Eurosport, the company's sports broadcasting segment. Television Francaise 1 SA is also involved in television and film production, publishing, as well as social media services. The company generates the vast majority of its revenue in France.

Television Francaise 1 (Television Francaise 1) Headlines

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