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Agora (WAR:AGO) Cyclically Adjusted PB Ratio : 0.40 (As of Jun. 25, 2024)


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What is Agora Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Agora's current share price is zł11.40. Agora's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł28.17. Agora's Cyclically Adjusted PB Ratio for today is 0.40.

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

WAR:AGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.3   Max: 0.52
Current: 0.39

During the past years, Agora's highest Cyclically Adjusted PB Ratio was 0.52. The lowest was 0.15. And the median was 0.30.

WAR:AGO's Cyclically Adjusted PB Ratio is ranked better than
81.29% of 700 companies
in the Media - Diversified industry
Industry Median: 1.09 vs WAR:AGO: 0.39

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.

Agora's adjusted book value per share data for the three months ended in Mar. 2024 was zł15.833. 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 zł28.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agora Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Agora'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.

Agora Cyclically Adjusted PB Ratio Chart

Agora 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 0.41 0.29 0.28 0.17 0.40

Agora 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 0.23 0.27 0.28 0.40 0.42

Competitive Comparison of Agora's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Agora'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.


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

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

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



Agora 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.

Agora's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.40/28.17
=0.40

* 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.

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

For example, Agora'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)
=15.833/149.0435*149.0435
=15.833

Current CPI (Mar. 2024) = 149.0435.

Agora Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.269 101.180 37.222
201409 24.407 100.611 36.156
201412 24.548 100.122 36.543
201503 24.635 100.041 36.702
201506 24.518 100.448 36.380
201509 26.229 99.634 39.236
201512 26.489 99.471 39.690
201603 26.379 98.983 39.720
201606 25.383 99.552 38.002
201609 25.055 99.064 37.696
201612 25.190 100.366 37.407
201703 25.100 101.018 37.033
201706 25.836 101.180 38.058
201709 25.783 101.343 37.919
201712 21.374 102.564 31.060
201803 21.531 102.564 31.288
201806 21.037 103.378 30.330
201809 20.958 103.378 30.216
201812 20.932 103.785 30.060
201903 20.823 104.274 29.763
201906 20.171 105.983 28.366
201909 20.074 105.983 28.230
201912 19.992 107.123 27.816
202003 19.433 109.076 26.554
202006 18.725 109.402 25.510
202009 18.229 109.320 24.853
202012 17.532 109.565 23.849
202103 16.414 112.658 21.715
202106 16.183 113.960 21.165
202109 16.157 115.588 20.833
202112 16.532 119.088 20.690
202203 15.941 125.031 19.003
202206 15.599 131.705 17.653
202209 15.094 135.531 16.599
202212 14.380 139.113 15.407
202303 15.169 145.950 15.490
202306 15.318 147.009 15.530
202309 15.012 146.113 15.313
202312 15.762 147.741 15.901
202403 15.833 149.044 15.833

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.


Agora  (WAR:AGO) 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.


Agora Cyclically Adjusted PB Ratio Related Terms

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


Agora (WAR:AGO) Business Description

Traded in Other Exchanges
N/A
Address
Czerska 8/10, Warsaw, POL, 00-732
Agora SA is one of the leading media company in Poland. It is engaged in the business of publishing of daily newspapers, magazines and periodic print media. It also provides television advertising, radio broadcasting and online services. The company's publishing portfolio includes Gazeta Wyborcza, and Metro newspaper and several magazines. The internet offering includes Internet portals such as Gazeta.pl, Sport.pl and Blox.pl. In the area radio of broadcasting industry, the company operates more than 15 radio stations including such brands as TOK FM, Rock Radio and Golden Hits (Zlote Przeboje), Radio Pogoda, and Internet radio Tuba.fm and Tuba.pl. The firm also manages a digital terrestrial TV channel called METRO.