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Ziff Davis (Ziff Davis) Cyclically Adjusted Book per Share : $30.32 (As of Mar. 2024)


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What is Ziff Davis 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.

Ziff Davis's adjusted book value per share for the three months ended in Mar. 2024 was $41.227. 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 $30.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ziff Davis's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.70% 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 Ziff Davis was 23.20% per year. The lowest was 11.90% per year. And the median was 14.80% per year.

As of today (2024-05-15), Ziff Davis's current stock price is $56.73. Ziff Davis's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $30.32. Ziff Davis's Cyclically Adjusted PB Ratio of today is 1.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ziff Davis was 6.68. The lowest was 1.69. And the median was 4.80.


Ziff Davis Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ziff Davis'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.

Ziff Davis Cyclically Adjusted Book per Share Chart

Ziff Davis 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 17.81 19.69 22.96 26.77 29.80

Ziff Davis 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 27.78 28.63 29.37 29.80 30.32

Competitive Comparison of Ziff Davis's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, Ziff Davis'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.


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

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

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



Ziff Davis 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, Ziff Davis'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)
=41.227/129.4194*129.4194
=41.227

Current CPI (Mar. 2024) = 129.4194.

Ziff Davis Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.958 100.560 21.825
201409 17.136 100.428 22.083
201412 17.301 99.070 22.601
201503 17.180 99.621 22.319
201506 17.825 100.684 22.912
201509 18.263 100.392 23.544
201512 18.565 99.792 24.077
201603 18.915 100.470 24.365
201606 19.093 101.688 24.300
201609 19.011 101.861 24.154
201612 19.276 101.863 24.491
201703 19.594 102.862 24.653
201706 20.079 103.349 25.144
201709 20.589 104.136 25.588
201712 21.321 104.011 26.529
201803 21.531 105.290 26.465
201806 21.473 106.317 26.139
201809 21.759 106.507 26.440
201812 21.813 105.998 26.633
201903 22.170 107.251 26.753
201906 22.445 108.070 26.879
201909 22.788 108.329 27.224
201912 27.514 108.420 32.843
202003 26.342 108.902 31.305
202006 26.937 108.767 32.052
202009 26.277 109.815 30.968
202012 27.308 109.897 32.159
202103 28.657 111.754 33.187
202106 28.954 114.631 32.689
202109 28.630 115.734 32.015
202112 41.478 117.630 45.635
202203 39.732 121.301 42.391
202206 38.020 125.017 39.359
202209 38.009 125.227 39.282
202212 40.039 125.222 41.381
202303 40.067 127.348 40.719
202306 40.142 128.729 40.357
202309 39.233 129.860 39.100
202312 41.082 129.419 41.082
202403 41.227 129.419 41.227

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


Ziff Davis  (NAS:ZD) 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.

Ziff Davis's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=56.73/30.32
=1.87

* 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 Ziff Davis was 6.68. The lowest was 1.69. And the median was 4.80.


Be Aware

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


Ziff Davis Cyclically Adjusted Book per Share Related Terms

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


Ziff Davis (Ziff Davis) Business Description

Traded in Other Exchanges
Address
114 5th Avenue, 15th Floor New York, NY 10011
Ziff Davis is a vertically focused digital media and internet company whose portfolio includes leading brands in technology, entertainment, shopping, health, cybersecurity, and martech.
Executives
Vivek Shah director, officer: Chief Executive Officer C/O J2 GLOBAL, INC., 6922 HOLLYWOOD BOULEVARD, SUITE 500, LOS ANGELES CA 90028
Sarah Ann Fay director 5 GORHAN AVENUE, BROOKLINE MA 02445
Layth Taki officer: Chief Accounting Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
W Brian Kretzmer director 26110 ENTERPRISE WAY, STE 200, LAKE FOREST CA 92630
Jeremy Rossen officer: VP/General Counsel ZIFF DAVIS INC, 114 5TH AVE,14TH AND 15TH FLOOR, NEW YORK NY 10011
Bret Richter officer: Chief Financial Officer 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
R Scott Turicchi officer: President C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Douglas Y Bech director C/O J2 GLOBAL COMMUNICATIONS INC, 6922 HOLLYWOOD BLVD/LEGAL DEPT - 5TH FL., LOS ANGELES CA 90028
Richard S Ressler director, 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Pamela Sutton-wallace director 197 VAN VORST ST, APT 1505, JERSEY CITY NJ 07302
Scott C Taylor director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Stephen Ross director
Robert J Cresci director
Jon Miller director C/O TRIPADVISOR, INC, 141 NEEDHAM STREET, NEWTON MA 02464