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ePlay Digital (XCNQ:EPY) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is ePlay Digital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ePlay Digital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ePlay Digital'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.

ePlay Digital Cyclically Adjusted PB Ratio Chart

ePlay Digital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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ePlay Digital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of ePlay Digital's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, ePlay Digital'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.


ePlay Digital's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ePlay Digital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ePlay Digital 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.

ePlay Digital's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, ePlay Digital's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.016/125.2304*125.2304
=-0.016

Current CPI (Sep. 2023) = 125.2304.

ePlay Digital Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 96.945 0.000
201403 0.000 98.604 0.000
201406 0.021 99.473 0.026
201409 0.023 99.394 0.029
201412 0.038 98.367 0.048
201503 -0.103 99.789 -0.129
201506 0.165 100.500 0.206
201509 0.155 100.421 0.193
201512 -0.186 99.947 -0.233
201603 -0.191 101.054 -0.237
201606 -0.033 102.002 -0.041
201609 -0.020 101.765 -0.025
201612 0.026 101.449 0.032
201703 0.026 102.634 0.032
201706 0.019 103.029 0.023
201709 0.018 103.345 0.022
201712 0.002 103.345 0.002
201803 0.000 105.004 0.000
201806 0.002 105.557 0.002
201809 0.001 105.636 0.001
201812 0.014 105.399 0.017
201903 0.012 106.979 0.014
201906 0.017 107.690 0.020
201909 0.015 107.611 0.017
201912 -0.022 107.769 -0.026
202003 -0.020 107.927 -0.023
202006 -0.019 108.401 -0.022
202009 -0.019 108.164 -0.022
202012 -0.020 108.559 -0.023
202103 -0.003 110.298 -0.003
202106 -0.002 111.720 -0.002
202109 -0.005 112.905 -0.006
202112 -0.008 113.774 -0.009
202203 -0.010 117.646 -0.011
202206 -0.012 120.806 -0.012
202209 -0.013 120.648 -0.013
202212 -0.015 120.964 -0.016
202303 -0.015 122.702 -0.015
202306 -0.016 124.203 -0.016
202309 -0.016 125.230 -0.016

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.


ePlay Digital  (XCNQ:EPY) 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.


ePlay Digital Cyclically Adjusted PB Ratio Related Terms

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ePlay Digital (XCNQ:EPY) Business Description

Traded in Other Exchanges
Address
246 Stewart Green Soutwest, Suite 2464, Corporate Administration, Calgary, AB, CAN, T3H 3C8
ePlay Digital Inc is a media and sports entertainment company. The company is engaged in developing and operating broadcast and live video technologies. The company offers broadcasting, social media, and live-streaming services for sports and social media. Its social gaming business includes daily fantasy, pick sheet games, and among others. The company generates revenue from the set-up of user experiences, data reporting, and advertising.
Executives
Trevor Lee Doerksen Director, Senior Officer

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