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Comcast (BSP:CMCS34) Cyclically Adjusted Book per Share : R$0.00 (As of Mar. 2024)


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What is Comcast Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Comcast's adjusted book value per share for the three months ended in Mar. 2024 was R$20.595. 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 R$0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Comcast's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Comcast was 145.20% per year. The lowest was 1.60% per year. And the median was 8.00% per year.

As of today (2024-04-27), Comcast's current stock price is R$39.54. Comcast's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$0.00. Comcast's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Comcast was 4.21. The lowest was 1.72. And the median was 3.09.


Comcast Cyclically Adjusted Book per Share Historical Data

The historical data trend for Comcast's Cyclically Adjusted Book per Share 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.

Comcast Cyclically Adjusted Book per Share Chart

Comcast Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.18 13.88 17.38 18.14 17.91

Comcast Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 17.92 17.27 18.40 17.91 -

Competitive Comparison of Comcast's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Comcast'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.


Comcast's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Comcast Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Comcast'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)
=20.595/129.4194*129.4194
=20.595

Current CPI (Mar. 2024) = 129.4194.

Comcast Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.906 100.560 6.314
201409 5.272 100.428 6.794
201412 5.961 99.070 7.787
201503 7.070 99.621 9.185
201506 7.078 100.684 9.098
201509 8.858 100.392 11.419
201512 8.321 99.792 10.791
201603 8.036 100.470 10.351
201606 7.552 101.688 9.612
201609 7.285 101.861 9.256
201612 7.111 101.863 9.035
201703 7.261 102.862 9.136
201706 7.691 103.349 9.631
201709 7.430 104.136 9.234
201712 9.736 104.011 12.114
201803 9.869 105.290 12.131
201806 11.636 106.317 14.164
201809 12.919 106.507 15.698
201812 12.289 105.998 15.004
201903 12.687 107.251 15.309
201906 13.039 108.070 15.615
201909 14.152 108.329 16.907
201912 14.915 108.420 17.804
202003 17.452 108.902 20.740
202006 18.994 108.767 22.600
202009 20.342 109.815 23.974
202012 20.289 109.897 23.893
202103 22.711 111.754 26.301
202106 20.802 114.631 23.486
202109 22.134 115.734 24.751
202112 23.974 117.630 26.377
202203 21.031 121.301 22.439
202206 20.914 125.017 21.651
202209 19.477 125.227 20.129
202212 20.122 125.222 20.797
202303 20.544 127.348 20.878
202306 19.761 128.729 19.867
202309 20.109 129.860 20.041
202312 20.370 129.419 20.370
202403 20.595 129.419 20.595

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Comcast  (BSP:CMCS34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Comcast was 4.21. The lowest was 1.72. And the median was 3.09.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Comcast Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Comcast's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Comcast (BSP:CMCS34) Business Description

Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

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