TVTV (WhereverTV Broadcasting) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is WhereverTV Broadcasting Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


WhereverTV Broadcasting  (OTCPK:TVTV) 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.


WhereverTV Broadcasting Cyclically Adjusted PB Ratio Related Terms


WhereverTV Broadcasting Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for WhereverTV Broadcasting'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.

WhereverTV Broadcasting Cyclically Adjusted PB Ratio Chart

WhereverTV Broadcasting Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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WhereverTV Broadcasting Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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TVTV vs FLZH, TAAG, MDEX: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, WhereverTV Broadcasting'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.


WhereverTV Broadcasting Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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



WhereverTV Broadcasting 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.

WhereverTV Broadcasting's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, WhereverTV Broadcasting's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

WhereverTV Broadcasting Quarterly Data

Book Value per Share CPI Adj_Book
200809 -45.334 218.783 -69.198
201203 -72.045 229.392 -104.884
201603 -0.019 238.132 -0.027
201606 -0.023 241.018 -0.032
201609 -0.019 241.428 -0.026
201612 -0.029 241.432 -0.040
201703 -0.023 243.801 -0.032
201706 -0.028 244.955 -0.038
201709 -0.033 246.819 -0.045
201712 -0.016 246.524 -0.022
201803 -0.017 249.554 -0.023
201806 -0.021 251.989 -0.028
201809 -0.026 252.439 -0.034
201812 -0.013 251.233 -0.017
202003 -0.014 258.115 -0.018
202006 -0.004 257.797 -0.005
202009 0.002 260.280 0.003
202012 0.002 260.474 0.003
202103 0.001 264.877 0.001
202106 0.000 271.696 0.000
202109 -0.001 274.310 -0.001
202112 -0.001 278.802 -0.001
202203 -0.001 287.504 -0.001
202206 -0.002 296.311 -0.002
202209 -0.002 296.808 -0.002
202212 -0.002 296.797 -0.002
202303 -0.002 301.836 -0.002
202306 -0.002 305.109 -0.002
202309 -0.002 307.789 -0.002
202312 -0.002 306.746 -0.002
202403 -0.002 312.332 -0.002
202406 -0.002 314.175 -0.002
202409 -0.002 315.301 -0.002
202412 -0.002 315.605 -0.002
202503 -0.002 319.799 -0.002
202506 322.561 0.000
202509 0.000 324.800 0.000
202512 0.000 324.054 0.000
202603 0.000 330.213 0.000
202606 0.000 333.952 0.000

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.


WhereverTV Broadcasting Business Description

Address 2230 S. McCall Road, Unit A, Englewood, FL, USA, 34224
WhereverTV Broadcasting Corp is a next-generation subscription television service providing consumers with pre-paid live-streaming, genre-specific, and in-language viewing choices from around the world, delivered to anywhere in the world, and through any internet-enabled device. Programming is accessed through the internet via an Over the Top (OTT) platform, and channel management is handled by the company's patented Global Interactive Program Guide (IPG) technology. It will be able to deliver channels and events to Smart TVs and digital media receivers, including, but not limited to: Google Chromecast, AppleTV, Amazon Fire TV, iPhone, iPad, Android Smartphone, and TabletPCs.