GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WRIT Media Group Inc (OTCPK:WRIT) » Definitions » Cyclically Adjusted PB Ratio

WRIT Media Group (WRIT Media Group) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


View and export this data going back to 2009. Start your Free Trial

What is WRIT Media Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


WRIT Media Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WRIT Media Group'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.

WRIT Media Group Cyclically Adjusted PB Ratio Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 - - - - -

Competitive Comparison of WRIT Media Group's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, WRIT Media Group'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.


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

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

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



WRIT Media Group 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.

WRIT Media Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2017 is calculated as:

For example, WRIT Media Group's adjusted Book Value per Share data for the three months ended in Dec. 2017 was:

Adj_Book=Book Value per Share/CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=0.067/104.0111*104.0111
=0.067

Current CPI (Dec. 2017) = 104.0111.

WRIT Media Group Quarterly Data

Book Value per Share CPI Adj_Book
200803 1.000 90.090 1.155
200806 -3.000 92.320 -3.380
200809 -3.000 92.307 -3.380
200812 2.000 88.697 2.345
200903 -4.000 89.744 -4.636
200906 -1.000 91.003 -1.143
200909 -90.000 91.120 -102.733
200912 -2.000 91.111 -2.283
201003 -12.000 91.821 -13.593
201006 -17.000 91.962 -19.227
201009 -28.000 92.162 -31.600
201012 -47.368 92.474 -53.278
201103 -134.127 94.283 -147.966
201106 -147.396 95.235 -160.980
201109 -239.303 95.727 -260.012
201112 -230.502 95.213 -251.800
201203 -260.448 96.783 -279.899
201206 -81.985 96.819 -88.075
201209 -247.079 97.633 -263.220
201212 -152.597 96.871 -163.844
201303 -27.192 98.209 -28.798
201306 -19.668 98.518 -20.765
201309 9.670 98.790 10.181
201312 -3.857 98.326 -4.080
201403 7.606 99.695 7.935
201406 6.660 100.560 6.889
201409 2.765 100.428 2.864
201412 2.097 99.070 2.202
201503 -3.184 99.621 -3.324
201506 -0.271 100.684 -0.280
201509 -0.331 100.392 -0.343
201512 -0.380 99.792 -0.396
201603 -0.037 100.470 -0.038
201606 0.131 101.688 0.134
201609 0.123 101.861 0.126
201612 0.098 101.863 0.100
201703 0.092 102.862 0.093
201706 0.071 103.349 0.071
201709 0.067 104.136 0.067
201712 0.067 104.011 0.067

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.


WRIT Media Group  (OTCPK:WRIT) 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.


WRIT Media Group Cyclically Adjusted PB Ratio Related Terms

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


WRIT Media Group (WRIT Media Group) Business Description

Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. It is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, which produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally-enabled movie theatres. It also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.

WRIT Media Group (WRIT Media Group) Headlines

From GuruFocus

WRIT Media Group Announces Dividend

By PRNewswire PRNewswire 04-10-2018