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Meta Platforms (XKAZ:META_KZ) Cyclically Adjusted PB Ratio : 13.04 (As of May. 06, 2024)


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What is Meta Platforms Cyclically Adjusted PB Ratio?

As of today (2024-05-06), Meta Platforms's current share price is ₸155000.00. Meta Platforms's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₸11,890.40. Meta Platforms's Cyclically Adjusted PB Ratio for today is 13.04.

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

XKAZ:META_KZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.11   Med: 9.62   Max: 16.97
Current: 12.13

During the past years, Meta Platforms's highest Cyclically Adjusted PB Ratio was 16.97. The lowest was 3.11. And the median was 9.62.

XKAZ:META_KZ's Cyclically Adjusted PB Ratio is ranked worse than
95.85% of 289 companies
in the Interactive Media industry
Industry Median: 1.61 vs XKAZ:META_KZ: 12.13

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.

Meta Platforms's adjusted book value per share data for the three months ended in Mar. 2024 was ₸26,543.902. 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 ₸11,890.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted PB Ratio Chart

Meta Platforms 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 - 13.64 13.66 3.98 9.83

Meta Platforms 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 6.66 8.62 8.62 9.83 13.03

Competitive Comparison of Meta Platforms's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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



Meta Platforms 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.

Meta Platforms's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=155000.00/11890.4
=13.04

* 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.

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

For example, Meta Platforms'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)
=26543.902/129.4194*129.4194
=26,543.902

Current CPI (Mar. 2024) = 129.4194.

Meta Platforms Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,292.128 100.560 1,662.960
201409 1,461.741 100.428 1,883.718
201412 2,339.613 99.070 3,056.346
201503 2,444.247 99.621 3,175.361
201506 2,587.347 100.684 3,325.784
201509 3,960.806 100.392 5,106.061
201512 5,246.558 99.792 6,804.189
201603 5,635.666 100.470 7,259.496
201606 5,901.430 101.688 7,510.805
201609 6,258.681 101.861 7,951.961
201612 6,794.210 101.863 8,632.233
201703 6,751.902 102.862 8,495.124
201706 7,296.175 103.349 9,136.670
201709 8,288.405 104.136 10,300.804
201712 8,438.103 104.011 10,499.401
201803 8,605.335 105.290 10,577.477
201806 9,077.720 106.317 11,050.305
201809 10,164.256 106.507 12,350.884
201812 10,999.886 105.998 13,430.442
201903 11,428.533 107.251 13,790.834
201906 11,894.854 108.070 14,244.767
201909 12,794.271 108.329 15,285.111
201912 13,590.594 108.420 16,222.882
202003 13,931.191 108.902 16,555.937
202006 15,794.696 108.767 18,793.701
202009 17,278.366 109.815 20,362.954
202012 19,161.095 109.897 22,564.965
202103 19,675.477 111.754 22,785.576
202106 20,914.537 114.631 23,612.613
202109 20,335.848 115.734 22,740.478
202112 19,867.651 117.630 21,858.968
202203 22,119.416 121.301 23,599.818
202206 19,976.295 125.017 20,679.782
202209 21,922.032 125.227 22,656.037
202212 22,492.720 125.222 23,246.706
202303 21,422.331 127.348 21,770.814
202306 23,356.018 128.729 23,481.336
202309 25,413.723 129.860 25,327.595
202312 27,575.624 129.419 27,575.624
202403 26,543.902 129.419 26,543.902

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.


Meta Platforms  (XKAZ:META_KZ) 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.


Meta Platforms Cyclically Adjusted PB Ratio Related Terms

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


Meta Platforms (XKAZ:META_KZ) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

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