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Lions Gate Entertainment (Lions Gate Entertainment) Cyclically Adjusted Book per Share : $11.57 (As of Dec. 2023)


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What is Lions Gate Entertainment 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.

Lions Gate Entertainment's adjusted book value per share for the three months ended in Dec. 2023 was $-1.385. 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 $11.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Lions Gate Entertainment's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 27.80% 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 Lions Gate Entertainment was 36.70% per year. The lowest was -19.10% per year. And the median was 20.60% per year.

As of today (2024-04-29), Lions Gate Entertainment's current stock price is $10.39. Lions Gate Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.57. Lions Gate Entertainment's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lions Gate Entertainment was 31.84. The lowest was 0.51. And the median was 3.78.


Lions Gate Entertainment Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lions Gate Entertainment'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.

Lions Gate Entertainment Cyclically Adjusted Book per Share Chart

Lions Gate Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.92 7.57 9.62 10.85 11.58

Lions Gate Entertainment 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 11.26 11.58 11.62 11.81 11.57

Competitive Comparison of Lions Gate Entertainment's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Lions Gate Entertainment'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.


Lions Gate Entertainment's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Lions Gate Entertainment 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, Lions Gate Entertainment'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)
=-1.385/125.4675*125.4675
=-1.385

Current CPI (Dec. 2023) = 125.4675.

Lions Gate Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.145 98.604 5.274
201406 3.892 99.473 4.909
201409 3.998 99.394 5.047
201412 4.763 98.367 6.075
201503 5.788 99.789 7.277
201506 6.448 100.500 8.050
201509 5.977 100.421 7.468
201512 6.358 99.947 7.981
201603 5.793 101.054 7.193
201606 5.893 102.002 7.249
201609 5.779 101.765 7.125
201612 11.623 101.449 14.375
201703 12.118 102.634 14.814
201706 13.339 103.029 16.244
201709 13.522 103.345 16.417
201712 14.572 103.345 17.691
201803 14.950 105.004 17.864
201806 14.959 105.557 17.781
201809 14.246 105.636 16.920
201812 14.239 105.399 16.950
201903 13.513 106.979 15.848
201906 13.107 107.690 15.271
201909 13.033 107.611 15.196
201912 12.700 107.769 14.786
202003 12.115 107.927 14.084
202006 12.318 108.401 14.257
202009 12.300 108.164 14.268
202012 12.427 108.559 14.363
202103 12.627 110.298 14.364
202106 12.291 111.720 13.803
202109 12.230 112.905 13.591
202112 12.155 113.774 13.404
202203 11.902 117.646 12.693
202206 11.528 120.806 11.973
202209 3.700 120.648 3.848
202212 3.861 120.964 4.005
202303 3.420 122.702 3.497
202306 3.138 124.203 3.170
202309 -0.941 125.230 -0.943
202312 -1.385 125.468 -1.385

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


Lions Gate Entertainment  (NYSE:LGF.A) 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.

Lions Gate Entertainment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.39/11.57
=0.90

* 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 Lions Gate Entertainment was 31.84. The lowest was 0.51. And the median was 3.78.


Be Aware

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


Lions Gate Entertainment Cyclically Adjusted Book per Share Related Terms

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


Lions Gate Entertainment (Lions Gate Entertainment) Business Description

Traded in Other Exchanges
Address
250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8
Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.
Executives
Harkey John D Jr director 305 MAIN STREET, REDWOOD CITY CA 94063
Bruce Tobey officer: General Counsel LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Harry Sloan director, other: Chairman of the Board 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Mignon L Clyburn director 12601 PLANTSIDE DRIVE, LOUISVILLE KY 40299
Berg Corii D. officer: General Counsel LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Yvette Ostolaza director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Daniel E. Sanchez director C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Susan Mccaw director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Rachesky Mark H Md director, 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Brian Goldsmith officer: Chief Operating Officer LIONS GATE ENTERTAINMENT CORP., 2700 COLORADO AVENUE, SANTA MONICA CA 90292
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Gordon Crawford director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Arthur Evrensel director C/O 2200-1055 WEST HASTINGS STREET, VANCOUVER A1 V6E 2E9
Jon Feltheimer director, officer: Chief Executive Officer 2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404

Lions Gate Entertainment (Lions Gate Entertainment) Headlines

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