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Cineplex (Cineplex) Cyclically Adjusted Book per Share : $5.92 (As of Dec. 2023)


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What is Cineplex 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.

Cineplex's adjusted book value per share for the three months ended in Dec. 2023 was $-0.462. 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 $5.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cineplex's average Cyclically Adjusted Book Growth Rate was -14.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.50% 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 Cineplex was 0.80% per year. The lowest was -11.60% per year. And the median was -1.50% per year.

As of today (2024-04-28), Cineplex's current stock price is $6.42. Cineplex's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.92. Cineplex's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cineplex was 4.33. The lowest was 0.40. And the median was 2.27.


Cineplex Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cineplex'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.

Cineplex Cyclically Adjusted Book per Share Chart

Cineplex 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 9.33 8.92 8.16 6.76 5.92

Cineplex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.76 6.27 7.11 6.02 5.92

Competitive Comparison of Cineplex's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Cineplex'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.


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

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

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



Cineplex 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, Cineplex'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)
=-0.462/125.4675*125.4675
=-0.462

Current CPI (Dec. 2023) = 125.4675.

Cineplex Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.448 98.604 13.294
201406 10.706 99.473 13.504
201409 10.425 99.394 13.160
201412 10.071 98.367 12.846
201503 9.010 99.789 11.328
201506 9.216 100.500 11.506
201509 8.502 100.421 10.622
201512 8.832 99.947 11.087
201603 9.110 101.054 11.311
201606 9.104 102.002 11.198
201609 8.979 101.765 11.070
201612 8.807 101.449 10.892
201703 8.794 102.634 10.750
201706 8.588 103.029 10.458
201709 9.130 103.345 11.084
201712 8.766 103.345 10.643
201803 8.546 105.004 10.211
201806 8.419 105.557 10.007
201809 8.272 105.636 9.825
201812 7.980 105.399 9.499
201903 7.527 106.979 8.828
201906 7.424 107.690 8.650
201909 7.280 107.611 8.488
201912 7.087 107.769 8.251
202003 4.663 107.927 5.421
202006 3.630 108.401 4.201
202009 3.059 108.164 3.548
202012 0.299 108.559 0.346
202103 -0.820 110.298 -0.933
202106 -2.174 111.720 -2.442
202109 -2.489 112.905 -2.766
202112 -2.710 113.774 -2.989
202203 -3.244 117.646 -3.460
202206 -3.159 120.806 -3.281
202209 -2.627 120.648 -2.732
202212 -2.460 120.964 -2.552
202303 -2.767 122.702 -2.829
202306 -0.743 124.203 -0.751
202309 -0.352 125.230 -0.353
202312 -0.462 125.468 -0.462

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


Cineplex  (OTCPK:CPXGF) 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.

Cineplex's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.42/5.92
=1.08

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cineplex was 4.33. The lowest was 0.40. And the median was 2.27.


Be Aware

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


Cineplex Cyclically Adjusted Book per Share Related Terms

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


Cineplex (Cineplex) Business Description

Traded in Other Exchanges
Address
1303 Yonge Street, 2nd Floor, Toronto, ON, CAN, M4T 2Y9
Cineplex Inc is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment include revenue from theater attendance. The media segment includes cinema media and digital place-based media operations. The amusement and leisure reporting segment manages the operation and distribution of gaming and vending equipment. Formerly housed in the amusement and leisure segment, the location-based entertainment business derives revenue from entertainment restaurant chains like The Rec Room and Playdium. The film entertainment and content segment generates the majority of its revenue from audiences located in Canada.