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MERLIN GROUP Spolka Akcyjna (WAR:MRG) Cyclically Adjusted PB Ratio : 0.01 (As of May. 21, 2024)


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What is MERLIN GROUP Spolka Akcyjna Cyclically Adjusted PB Ratio?

As of today (2024-05-21), MERLIN GROUP Spolka Akcyjna's current share price is zł0.17. MERLIN GROUP Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was zł17.90. MERLIN GROUP Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is 0.01.

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

WAR:MRG's Cyclically Adjusted PB Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.12
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

MERLIN GROUP Spolka Akcyjna's adjusted book value per share data for the three months ended in Sep. 2022 was zł0.058. 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 zł17.90 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


MERLIN GROUP Spolka Akcyjna Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MERLIN GROUP Spolka Akcyjna'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.

MERLIN GROUP Spolka Akcyjna Cyclically Adjusted PB Ratio Chart

MERLIN GROUP Spolka Akcyjna Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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MERLIN GROUP Spolka Akcyjna Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
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 - 0.01 0.02 0.01 0.01

Competitive Comparison of MERLIN GROUP Spolka Akcyjna's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, MERLIN GROUP Spolka Akcyjna'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.


MERLIN GROUP Spolka Akcyjna's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where MERLIN GROUP Spolka Akcyjna's Cyclically Adjusted PB Ratio falls into.



MERLIN GROUP Spolka Akcyjna 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.

MERLIN GROUP Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.17/17.9
=0.01

* 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.

MERLIN GROUP Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, MERLIN GROUP Spolka Akcyjna's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.058/135.5311*135.5311
=0.058

Current CPI (Sep. 2022) = 135.5311.

MERLIN GROUP Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.000 99.715 0.000
201212 2.669 100.285 3.607
201303 2.434 100.529 3.281
201306 3.256 100.855 4.375
201309 3.015 100.936 4.048
201312 2.295 101.018 3.079
201403 2.317 101.262 3.101
201406 240.041 101.180 321.535
201409 2.381 100.611 3.207
201412 2.336 100.122 3.162
201503 0.000 100.041 0.000
201506 2.311 100.448 3.118
201509 2.391 99.634 3.252
201512 2.221 99.471 3.026
201603 2.359 98.983 3.230
201606 2.193 99.552 2.986
201609 2.151 99.064 2.943
201612 0.479 100.366 0.647
201703 0.411 101.018 0.551
201706 0.478 101.180 0.640
201709 0.342 101.343 0.457
201712 0.409 102.564 0.540
201803 0.472 102.564 0.624
201806 0.323 103.378 0.423
201809 0.277 103.378 0.363
201812 0.093 103.785 0.121
201903 0.105 104.274 0.136
201906 0.075 105.983 0.096
201909 -0.003 105.983 -0.004
201912 -0.039 107.123 -0.049
202003 -0.061 109.076 -0.076
202006 0.173 109.402 0.214
202009 0.161 109.320 0.200
202012 0.063 109.565 0.078
202103 0.058 112.658 0.070
202106 0.058 113.960 0.069
202109 0.055 115.588 0.064
202203 0.052 125.031 0.056
202206 0.058 131.705 0.060
202209 0.058 135.531 0.058

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.


MERLIN GROUP Spolka Akcyjna  (WAR:MRG) 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.


MERLIN GROUP Spolka Akcyjna Cyclically Adjusted PB Ratio Related Terms

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


MERLIN GROUP Spolka Akcyjna (WAR:MRG) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Modlinska 310/312, Warsaw, POL, 03-152
MERLIN GROUP Spolka Akcyjna is an advertising and marketing company. The company provides professional marketing activities through promotional activities on the internet.

MERLIN GROUP Spolka Akcyjna (WAR:MRG) Headlines

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