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Groupon (XSWX:GRPN) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Groupon Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Groupon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Groupon'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.

Groupon Cyclically Adjusted PB Ratio Chart

Groupon 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 3.14 2.58 1.49 0.61 1.10

Groupon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.61 0.31 0.45 1.24 1.10

Competitive Comparison of Groupon's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Groupon'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.


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

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

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



Groupon 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.

Groupon's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.063/129.4194*129.4194
=-0.063

Current CPI (Dec. 2023) = 129.4194.

Groupon Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.066 99.695 1.384
201406 0.983 100.560 1.265
201409 1.017 100.428 1.311
201412 1.104 99.070 1.442
201503 1.106 99.621 1.437
201506 1.114 100.684 1.432
201509 0.936 100.392 1.207
201512 0.790 99.792 1.025
201603 0.655 100.470 0.844
201606 0.621 101.688 0.790
201609 0.562 101.861 0.714
201612 0.477 101.863 0.606
201703 0.374 102.862 0.471
201706 0.322 103.349 0.403
201709 0.323 104.136 0.401
201712 0.444 104.011 0.552
201803 0.593 105.290 0.729
201806 0.480 106.317 0.584
201809 0.574 106.507 0.697
201812 0.678 105.998 0.828
201903 0.612 107.251 0.739
201906 0.541 108.070 0.648
201909 0.534 108.329 0.638
201912 0.694 108.420 0.828
202003 0.329 108.902 0.391
202006 0.201 108.767 0.239
202009 0.162 109.815 0.191
202012 0.172 109.897 0.203
202103 0.110 111.754 0.127
202106 0.090 114.631 0.102
202109 0.247 115.734 0.276
202112 0.347 117.630 0.382
202203 0.308 121.301 0.329
202206 0.212 125.017 0.219
202209 0.169 125.227 0.175
202212 0.014 125.222 0.014
202303 -0.041 127.348 -0.042
202306 -0.040 128.729 -0.040
202309 -0.080 129.860 -0.080
202312 -0.063 129.419 -0.063

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.


Groupon  (XSWX:GRPN) 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.


Groupon Cyclically Adjusted PB Ratio Related Terms

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


Groupon (XSWX:GRPN) Business Description

Traded in Other Exchanges
Address
600 West Chicago Avenue, Suite 400, Chicago, IL, USA, 60654
Groupon acts as the middleman between consumers and merchants, offering a variety of products and services at discounts via its online store. It offers consumers daily deals from local merchants. It generates revenue from the take rate on the vouchers' purchase and/or usage. More than 60% of Groupon's revenue comes from North America.

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