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ProSiebenSat 1 Media SE (XTER:PSM) Cyclically Adjusted Book per Share : €5.64 (As of Dec. 2023)


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What is ProSiebenSat 1 Media SE 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.

ProSiebenSat 1 Media SE's adjusted book value per share for the three months ended in Dec. 2023 was €5.558. 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 €5.64 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ProSiebenSat 1 Media SE's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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 ProSiebenSat 1 Media SE was 4.60% per year. The lowest was 2.60% per year. And the median was 4.35% per year.

As of today (2024-04-28), ProSiebenSat 1 Media SE's current stock price is €7.345. ProSiebenSat 1 Media SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €5.64. ProSiebenSat 1 Media SE's Cyclically Adjusted PB Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ProSiebenSat 1 Media SE was 7.47. The lowest was 0.89. And the median was 2.56.


ProSiebenSat 1 Media SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for ProSiebenSat 1 Media SE'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.

ProSiebenSat 1 Media SE Cyclically Adjusted Book per Share Chart

ProSiebenSat 1 Media SE 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 4.84 4.93 5.17 5.50 5.64

ProSiebenSat 1 Media SE 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 5.50 5.56 5.49 5.61 5.64

Competitive Comparison of ProSiebenSat 1 Media SE's Cyclically Adjusted Book per Share

For the Broadcasting subindustry, ProSiebenSat 1 Media SE'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.


ProSiebenSat 1 Media SE's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ProSiebenSat 1 Media SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ProSiebenSat 1 Media SE's Cyclically Adjusted PB Ratio falls into.



ProSiebenSat 1 Media SE 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, ProSiebenSat 1 Media SE'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)
=5.558/123.6675*123.6675
=5.558

Current CPI (Dec. 2023) = 123.6675.

ProSiebenSat 1 Media SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.917 99.543 3.624
201406 1.948 99.543 2.420
201409 2.514 99.823 3.115
201412 3.457 99.543 4.295
201503 4.286 99.717 5.315
201506 3.002 100.417 3.697
201509 3.334 100.417 4.106
201512 4.304 99.717 5.338
201603 4.127 100.017 5.103
201606 2.834 100.717 3.480
201609 2.784 101.017 3.408
201612 6.154 101.217 7.519
201703 6.311 101.417 7.696
201706 4.541 102.117 5.499
201709 4.809 102.717 5.790
201712 5.351 102.617 6.449
201803 5.224 102.917 6.277
201806 3.791 104.017 4.507
201809 4.321 104.718 5.103
201812 3.906 104.217 4.635
201903 4.578 104.217 5.432
201906 3.751 105.718 4.388
201909 4.143 106.018 4.833
201912 4.683 105.818 5.473
202003 5.019 105.718 5.871
202006 4.665 106.618 5.411
202009 5.300 105.818 6.194
202012 5.433 105.518 6.368
202103 6.409 107.518 7.372
202106 6.365 108.486 7.256
202109 6.787 109.435 7.670
202112 7.322 110.384 8.203
202203 7.963 113.968 8.641
202206 7.247 115.760 7.742
202209 6.755 118.818 7.031
202212 6.658 119.345 6.899
202303 6.164 122.402 6.228
202306 5.859 123.140 5.884
202309 5.964 124.195 5.939
202312 5.558 123.668 5.558

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


ProSiebenSat 1 Media SE  (XTER:PSM) 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.

ProSiebenSat 1 Media SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.345/5.64
=1.30

* 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 ProSiebenSat 1 Media SE was 7.47. The lowest was 0.89. And the median was 2.56.


Be Aware

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


ProSiebenSat 1 Media SE Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of ProSiebenSat 1 Media SE's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ProSiebenSat 1 Media SE (XTER:PSM) Business Description

Traded in Other Exchanges
Address
Medienallee 7, Unterfohring, BY, DEU, 85774
ProSiebenSat 1 Media SE is a German mass media and digital company that operates in three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment represents the core of the company's business with focus on the Seven.One Entertainment Group, which provides multi-platform digital media to audiences in Germany, Austria, and Switzerland. The Dating & video segment offers a range of online matchmaking services and other social entertainment. The Commerce & Ventures segment supports young companies by offering media-for-revenue or media-for-equity partnership through its TV reach. Viewership and sales from the Entertainment segment, particularly under the Seven. One brand, account for the vast majority of the company's revenue.
Executives
Prof.dr. Cai-nicolas Ziegler Supervisory Board
Thomas Ingelfinger Supervisory Board
Hubertus M. Habets Board of Directors
Prof. Dr. Rolf Nonnenmacher Supervisory Board
Martin Mildner Board of Directors
Dr. Katrin Burkhardt Supervisory Board
Marjorie Kaplan Supervisory Board
Christine Scheffler Board of Directors
Dr. Andreas Wiele Supervisory Board
Lawrence Aidem Supervisory Board
Wolfgang Link Board of Directors
Dr. Marion Helmes Supervisory Board
Erik Huggers Supervisory Board
Dr. Antonella Mei-pochtler Supervisory Board
Rainer Beaujean Board of Directors

ProSiebenSat 1 Media SE (XTER:PSM) Headlines