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Spanish Broadcasting System (Spanish Broadcasting System) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2021)


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What is Spanish Broadcasting System 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.

Spanish Broadcasting System's adjusted book value per share for the three months ended in Mar. 2021 was $1.780. 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 $0.00 for the trailing ten years ended in Mar. 2021.

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.

As of today (2024-05-15), Spanish Broadcasting System's current stock price is $0.30. Spanish Broadcasting System's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2021 was $0.00. Spanish Broadcasting System's Cyclically Adjusted PB Ratio of today is .


Spanish Broadcasting System Cyclically Adjusted Book per Share Historical Data

The historical data trend for Spanish Broadcasting System'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.

Spanish Broadcasting System Cyclically Adjusted Book per Share Chart

Spanish Broadcasting System Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Book per Share
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Spanish Broadcasting System Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Spanish Broadcasting System's Cyclically Adjusted Book per Share

For the Broadcasting subindustry, Spanish Broadcasting System'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.


Spanish Broadcasting System's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Spanish Broadcasting System 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, Spanish Broadcasting System's adjusted Book Value per Share data for the three months ended in Mar. 2021 was:

Adj_Book= Book Value per Share /CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=1.78/111.7544*111.7544
=1.780

Current CPI (Mar. 2021) = 111.7544.

Spanish Broadcasting System Quarterly Data

Book Value per Share CPI Adj_Book
201106 -6.863 95.235 -8.053
201109 -5.891 95.727 -6.877
201112 -5.320 95.213 -6.244
201203 -6.274 96.783 -7.245
201206 -6.706 96.819 -7.740
201209 -7.075 97.633 -8.098
201212 -7.047 96.871 -8.130
201303 -7.843 98.209 -8.925
201306 -8.016 98.518 -9.093
201309 -22.567 98.790 -25.529
201312 -8.368 98.326 -9.511
201403 -9.294 99.695 -10.418
201406 -9.788 100.560 -10.878
201409 -10.494 100.428 -11.678
201412 -11.033 99.070 -12.446
201503 -12.723 99.621 -14.273
201506 -13.266 100.684 -14.725
201509 -14.441 100.392 -16.076
201512 -15.145 99.792 -16.960
201603 -16.818 100.470 -18.707
201606 -17.379 101.688 -19.099
201609 -18.087 101.861 -19.844
201612 -17.794 101.863 -19.522
201703 -19.189 102.862 -20.848
201706 -18.773 103.349 -20.300
201709 -19.861 104.136 -21.314
201712 -14.740 104.011 -15.837
201803 -15.138 105.290 -16.067
201806 -15.441 106.317 -16.231
201809 -14.065 106.507 -14.758
201812 -12.060 105.998 -12.715
201903 -12.657 107.251 -13.189
201906 -12.925 108.070 -13.366
201909 -12.977 108.329 -13.387
201912 -12.199 108.420 -12.574
202003 -14.376 108.902 -14.753
202006 -15.921 108.767 -16.358
202009 -16.598 109.815 -16.891
202012 -16.015 109.897 -16.286
202103 1.780 111.754 1.780

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


Spanish Broadcasting System  (OTCPK:SBSAA) 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.


Be Aware

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


Spanish Broadcasting System Cyclically Adjusted Book per Share Related Terms

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


Spanish Broadcasting System (Spanish Broadcasting System) Business Description

Traded in Other Exchanges
N/A
Address
7007 NorthWest 77th Avenue, Miami, FL, USA, 33166
Spanish Broadcasting System Inc is a Spanish language media and entertainment company with radio and television stations in the United States Hispanic markets, including Puerto Rico. The company produces and distributes Spanish language content, including radio programs, television shows, music and live entertainment through its multi-media platforms. It operates in two reportable segments, namely Radio and Television. The company owns and operates radio stations located in Los Angeles, New York, Puerto Rico, Chicago, Miami and San Francisco. Its television stations and related affiliates operate under MegaTV. In addition, it also provides multiple Spanish and bilingual websites that provide content related to Latin music, entertainment, news, and culture.
Executives
Jose I. Molina officer: Chief Financial Officer C/O 7007 NW 77TH AVENUE MIAMI FL 33166
Richard D. Lara officer: See Remarks 7007 NW 77TH AVENUE MIAMI FL 33166
Raul Alarcon director, 10 percent owner, officer: Chairman, CEO & President 7007 N.W. 77TH AVENUE MIAMI FL 33166
Jason L Shrinsk director
Joseph A Garcia director, officer: CFO, SR. EVP 3191 CORAL WAY MIAMI FL 33145
Jose Antonio Villamil director 2601 SOUTH BAYSHORE DRIVE, PH II, COCONUT GROVE FL 33133
A. Yelen Mitchell director C/O SPANISH BROADCASTING SYSTEM, INC., 2601 S. BAYSHORE DR. PH2 COCONUT GROVE FL 33133
Manuel E. Machado director C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PHII COCONUT GROVE FL 33133
Alberto Rodriguez officer: Chief Revenue Officer of SBS C/O 2601 S. BAYSHORE DRIVE PHII COCONUT GROVE FL 33133
Melanie Montenegro other: EVP & General Counsel C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PHII FL 33133
Marko Radlovic officer: Chief Revenue Officer
Antonio S Fernandez director 2601 S BAYSHORE DRIVE MIAMI FL 33133
Frank Flores officer: Chief Revenue Officer C/O SPANISH BROADCASTING SYSTEM, INC. PH II COCONUT GROVE FL 33133
Cynthia Hudson-fernandez officer: Chief Creative Officer & EVP C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PH II COCONUT GROVE FL 33133
Dan Mason director C/O SPANISH BROADCASTING SYSTEM INC 2801 SOUTH BAYSHORE DR PENTHOUSE #2 COCONUT GROVE FL 33133

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