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ProSiebenSat 1 Media SE (XSWX:PSM) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2024)


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What is ProSiebenSat 1 Media SE 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


ProSiebenSat 1 Media SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ProSiebenSat 1 Media SE'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.

ProSiebenSat 1 Media SE Cyclically Adjusted PB Ratio Chart

ProSiebenSat 1 Media SE 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 2.87 2.79 2.71 1.52 0.98

ProSiebenSat 1 Media SE 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 1.52 1.68 1.55 1.14 0.98

Competitive Comparison of ProSiebenSat 1 Media SE's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, ProSiebenSat 1 Media SE'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.


ProSiebenSat 1 Media SE's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ProSiebenSat 1 Media SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ProSiebenSat 1 Media SE's Cyclically Adjusted PB Ratio falls into.



ProSiebenSat 1 Media SE 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.

ProSiebenSat 1 Media SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ProSiebenSat 1 Media SE'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)
=5.265/123.7729*123.7729
=5.265

Current CPI (Dec. 2023) = 123.7729.

ProSiebenSat 1 Media SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.553 99.543 4.418
201406 2.371 99.543 2.948
201409 3.035 99.823 3.763
201412 4.157 99.543 5.169
201503 4.545 99.717 5.641
201506 3.141 100.417 3.872
201509 3.639 100.417 4.485
201512 4.666 99.717 5.792
201603 4.501 100.017 5.570
201606 3.087 100.717 3.794
201609 3.243 101.017 3.974
201612 6.617 101.217 8.092
201703 6.760 101.417 8.250
201706 4.939 102.117 5.986
201709 5.517 102.717 6.648
201712 6.250 102.617 7.539
201803 6.106 102.917 7.343
201806 4.385 104.017 5.218
201809 4.883 104.718 5.772
201812 4.407 104.217 5.234
201903 5.175 104.217 6.146
201906 4.187 105.718 4.902
201909 4.520 106.018 5.277
201912 5.113 105.818 5.981
202003 5.320 105.718 6.229
202006 4.998 106.618 5.802
202009 5.711 105.818 6.680
202012 5.871 105.518 6.887
202103 7.095 107.518 8.168
202106 6.962 108.486 7.943
202109 7.369 109.435 8.334
202112 7.620 110.384 8.544
202203 8.150 113.968 8.851
202206 7.432 115.760 7.946
202209 6.532 118.818 6.804
202212 6.593 119.345 6.838
202303 6.129 122.402 6.198
202306 5.735 123.140 5.764
202309 5.751 124.195 5.731
202312 5.265 123.773 5.265

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.


ProSiebenSat 1 Media SE  (XSWX:PSM) 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.


ProSiebenSat 1 Media SE Cyclically Adjusted PB Ratio Related Terms

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ProSiebenSat 1 Media SE (XSWX:PSM) Business Description

Address
Medienallee 7, Unterfohring, BY, DEU, 85774
ProSiebenSat 1 Media SE is a German mass media and digital company that operates in three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment represents the core of the company's business with focus on the Seven.One Entertainment Group, which provides multi-platform digital media to audiences in Germany, Austria, and Switzerland. The Dating & video segment offers a range of online matchmaking services and other social entertainment. The Commerce & Ventures segment supports young companies by offering media-for-revenue or media-for-equity partnership through its TV reach. Viewership and sales from the Entertainment segment, particularly under the Seven. One brand, account for the vast majority of the company's revenue.

ProSiebenSat 1 Media SE (XSWX:PSM) Headlines