GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZoomerMedia Ltd (OTCPK:ZUMRF) » Definitions » Cyclically Adjusted PB Ratio

ZoomerMedia (ZoomerMedia) Cyclically Adjusted PB Ratio : 0.10 (As of May. 15, 2024)


View and export this data going back to 1983. Start your Free Trial

What is ZoomerMedia Cyclically Adjusted PB Ratio?

As of today (2024-05-15), ZoomerMedia's current share price is $0.003. ZoomerMedia's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $0.03. ZoomerMedia's Cyclically Adjusted PB Ratio for today is 0.10.

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

ZUMRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.67   Max: 4.5
Current: 0.89

During the past years, ZoomerMedia's highest Cyclically Adjusted PB Ratio was 4.50. The lowest was 0.50. And the median was 1.67.

ZUMRF's Cyclically Adjusted PB Ratio is ranked better than
58.62% of 650 companies
in the Media - Diversified industry
Industry Median: 1.135 vs ZUMRF: 0.89

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.

ZoomerMedia's adjusted book value per share data for the three months ended in Feb. 2024 was $0.012. 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 $0.03 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZoomerMedia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ZoomerMedia'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.

ZoomerMedia Cyclically Adjusted PB Ratio Chart

ZoomerMedia Annual Data
Trend Jun13 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.82 3.31 1.61 1.37

ZoomerMedia Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.08 1.48 1.37 1.05 0.89

Competitive Comparison of ZoomerMedia's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, ZoomerMedia'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.


ZoomerMedia's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



ZoomerMedia 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.

ZoomerMedia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.003/0.03
=0.10

* 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.

ZoomerMedia's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, ZoomerMedia's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.012/125.4675*125.4675
=0.012

Current CPI (Feb. 2024) = 125.4675.

ZoomerMedia Quarterly Data

Book Value per Share CPI Adj_Book
201312 -0.001 96.945 -0.001
201403 -0.005 98.604 -0.006
201411 -0.003 99.078 -0.004
201502 -0.003 99.078 -0.004
201505 -0.002 100.263 -0.003
201508 -0.004 100.579 -0.005
201511 -0.001 100.421 -0.001
201602 -0.002 100.421 -0.002
201605 0.008 101.765 0.010
201608 0.055 101.686 0.068
201611 0.010 101.607 0.012
201702 0.010 102.476 0.012
201705 0.009 103.108 0.011
201708 0.050 103.108 0.061
201711 0.003 103.740 0.004
201802 0.002 104.688 0.002
201805 0.002 105.399 0.002
201808 0.049 106.031 0.058
201811 0.048 105.478 0.057
201902 0.049 106.268 0.058
201905 0.003 107.927 0.003
201908 0.050 108.085 0.058
201911 0.052 107.769 0.061
202002 0.051 108.559 0.059
202005 0.050 107.532 0.058
202008 0.058 108.243 0.067
202011 0.016 108.796 0.018
202102 0.018 109.745 0.021
202105 0.020 111.404 0.023
202108 0.064 112.668 0.071
202111 0.017 113.932 0.019
202202 0.019 115.986 0.021
202205 0.020 120.016 0.021
202208 0.064 120.569 0.067
202211 0.018 121.675 0.019
202302 0.016 122.070 0.016
202305 0.015 124.045 0.015
202308 0.059 125.389 0.059
202311 0.015 125.468 0.015
202402 0.012 125.468 0.012

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.


ZoomerMedia  (OTCPK:ZUMRF) 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.


ZoomerMedia Cyclically Adjusted PB Ratio Related Terms

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


ZoomerMedia (ZoomerMedia) Business Description

Traded in Other Exchanges
Address
70 Jefferson Avenue, Toronto, ON, CAN, M6K 1Y4
ZoomerMedia Ltd operates as a multimedia company in Canada. It serves Zoomer demographic through television, radio, magazine, internet, conferences and trade shows. The company's reportable segments include Television, Radio, Print, Royalty, Digital, Other and Corporate operations. Majority of the revenue for the company is generated from the Television segment, which consists of the company's speciality and conventional television stations and generates revenue from subscriber fees, the sale of broadcast time and advertising.

ZoomerMedia (ZoomerMedia) Headlines