MFE-MediaForEurope (XMAD:MFEA) Cyclically Adjusted PB Ratio: 0.42 (As of Jul. 17, 2026) — 29% Below Median

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XMAD:MFEA MFE-MediaForEurope XMAD:MFEA
75 GF Score
Price €2.90
GF Value €4.75
Valuation Possible Value Trap
! 6 Warning Signs
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What is MFE-MediaForEurope Cyclically Adjusted PB Ratio?

MFE-MediaForEurope XMAD:MFEA +1.97% 75 Cyclically Adjusted PB Ratio is 0.42 as of Jul. 17, 2026, which is 29% below its 10-year median of 0.59. GuruFocus rates XMAD:MFEA with a GF Score™ of 75/100 and a GF Value™ of €4.75 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 720 Media - Diversified companies, MFE-MediaForEurope ranks better than 78.19% on this metric.

As of today (2026-07-17), MFE-MediaForEurope's current share price is €2.896. MFE-MediaForEurope's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €6.93. MFE-MediaForEurope's Cyclically Adjusted PB Ratio for today is 0.42.

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

XMAD:MFEA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.59   Max: 1.96
Current: 0.4

During the past years, MFE-MediaForEurope's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.21. And the median was 0.59.

XMAD:MFEA's Cyclically Adjusted PB Ratio is ranked better than
78.19% of 720 companies
in the Media - Diversified industry
Industry Median: 0.995 vs XMAD:MFEA: 0.40

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.

MFE-MediaForEurope's adjusted book value per share data for the three months ended in Mar. 2026 was €4.958. 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 €6.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MFE-MediaForEurope  (XMAD:MFEA) 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.


MFE-MediaForEurope Cyclically Adjusted PB Ratio Related Terms


MFE-MediaForEurope Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MFE-MediaForEurope'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.

MFE-MediaForEurope Cyclically Adjusted PB Ratio Chart

MFE-MediaForEurope Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.26 0.32 0.43 0.46

MFE-MediaForEurope Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.48 0.42 0.47 0.46 0.37

XMAD:MFEA vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, MFE-MediaForEurope'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.


MFE-MediaForEurope Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


XMAD:MFEA
75GF Score
MFE-MediaForEurope XMAD:MFEA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFE-MediaForEurope 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.

MFE-MediaForEurope's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.896/6.93
=0.42

* 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.

MFE-MediaForEurope's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, MFE-MediaForEurope's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.958/124.5600*124.5600
=4.958

Current CPI (Mar. 2026) = 124.5600.

MFE-MediaForEurope Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.735 99.600 12.175
201606 9.637 99.900 12.016
201612 8.569 100.300 10.642
201703 8.585 101.000 10.588
201706 8.581 101.100 10.572
201709 0.000 101.200 0.000
201712 8.433 101.200 10.380
201803 8.437 101.800 10.323
201806 8.698 102.400 10.580
201809 0.000 102.600 0.000
201812 10.594 102.300 12.899
201903 10.741 102.800 13.015
201906 10.891 103.100 13.158
201909 10.775 102.900 13.043
201912 10.888 102.800 13.193
202003 10.738 102.900 12.998
202006 10.718 102.900 12.974
202009 10.955 102.300 13.339
202012 11.711 102.600 14.218
202103 12.220 103.700 14.678
202106 11.333 104.200 13.547
202109 5.733 104.900 6.807
202112 5.833 106.600 6.816
202203 5.648 110.400 6.372
202206 4.597 112.500 5.090
202209 4.710 114.200 5.137
202212 5.170 119.000 5.412
202303 5.287 118.800 5.543
202306 4.956 119.700 5.157
202309 4.926 120.300 5.100
202312 5.121 119.700 5.329
202403 5.156 120.200 5.343
202406 5.062 120.700 5.224
202409 5.012 121.200 5.151
202412 5.112 121.200 5.254
202503 5.179 122.500 5.266
202506 5.024 122.700 5.100
202509 4.929 123.100 4.987
202512 4.979 122.600 5.059
202603 4.958 124.560 4.958

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.

What does a Cyclically Adjusted PB Ratio of 0.42 mean?
MFE-MediaForEurope (XMAD:MFEA) has a Cyclically Adjusted PB Ratio of 0.42 as of Jul. 17, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on MFE-MediaForEurope and its competitors. This is 29% below median its historical median of 0.59. Over the past decade, MFE-MediaForEurope's Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.96. According to the industry distribution chart, MFE-MediaForEurope ranks #157 out of 720 companies in the Media - Diversified industry, placing it in the top 21.8%.
Is MFE-MediaForEurope's Cyclically Adjusted PB Ratio too high?
MFE-MediaForEurope's current Cyclically Adjusted PB Ratio of 0.42 is 29% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.96. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.00. MFE-MediaForEurope's value of 0.42 is 57.8% below this industry median. Based on the distribution chart, MFE-MediaForEurope ranks #157 out of 720 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, MFE-MediaForEurope has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MFE-MediaForEurope's Cyclically Adjusted PB Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, MFE-MediaForEurope ranks #157 out of 720 companies for Cyclically Adjusted PB Ratio. This places MFE-MediaForEurope in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.00. MFE-MediaForEurope's value of 0.42 is 57.8% below this benchmark. Historically, MFE-MediaForEurope's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.96 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.00, MFE-MediaForEurope has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.00, based on 720 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MFE-MediaForEurope's current Cyclically Adjusted PB Ratio of 0.42 is 57.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on MFE-MediaForEurope and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFE-MediaForEurope's current Cyclically Adjusted PB Ratio is 0.42, which is 29% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFE-MediaForEurope stock overvalued right now?
Based on GuruFocus' analysis, MFE-MediaForEurope (XMAD:MFEA) is currently considered Possible Value Trap. The stock's GF Value™ is €4.75, compared to a current price of €2.90 — trading 39% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.42, which is 29% below median its 10-year median of 0.59 and 57.8% below the Media - Diversified industry median of 1.00. MFE-MediaForEurope's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For MFE-MediaForEurope (XMAD:MFEA), the current Cyclically Adjusted PB Ratio is 0.42 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MFE-MediaForEurope (XMAD:MFEA) Overvalued in 2026?

Based on GuruFocus' analysis, MFE-MediaForEurope stock appears to be undervalued. The current stock price of €2.90 is trading 39% below its estimated GF Value™ of €4.75. GuruFocus considers MFE-MediaForEurope to be Possible Value Trap.

Key valuation signals for XMAD:MFEA:

  • Cyclically Adjusted PB Ratio: 0.42 (29% below median its 10-year median of 0.59)
  • GF Value™: €4.75 vs. price of €2.90 (39% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 57.8% below the Media - Diversified median (#157 of 720)

No single metric tells the full story. See the XMAD:MFEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MFE-MediaForEurope Business Description

Address Viale Europa 46, Cologno Monzese, Milan, ITA, 20093
MFE-MediaForEurope is a commercial TV operator in the Italian and Spanish commercial TV sector, offering free-to-air television programming on general interest channels (Canale 5, Italia 1 and Rete 4 in Italy, and Tele5 and Cuatro in Spain) and a wide portfolio of semigeneralist and thematic channels available in linear and on-demand OTT services comprising a broad range of cinema, TV series and children's channel content. The group generates maximum revenue from TV advertising, and the rest from sales of TV rights and productions, pay streaming service, movie distribution, construction, rental, and maintenance of TV equipment, etc. The company's operating segments are: Italy, which is its key revenue-generating market, and Spain.
75GF Score

Get the complete analysis for XMAD:MFEA

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.90
Price
€4.75
GF Value