GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Clear Channel Outdoor Holdings Inc (NYSE:CCO) » Definitions » Cyclically Adjusted PB Ratio

CCO (Clear Channel Outdoor Holdings) Cyclically Adjusted PB Ratio : (As of Jun. 26, 2025)


View and export this data going back to 2019. Start your Free Trial

What is Clear Channel Outdoor Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Clear Channel Outdoor Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clear Channel Outdoor Holdings's Cyclically Adjusted PB Ratio 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.

Clear Channel Outdoor Holdings Cyclically Adjusted PB Ratio Chart

Clear Channel Outdoor Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Clear Channel Outdoor Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 - - - - -

Competitive Comparison of Clear Channel Outdoor Holdings's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Clear Channel Outdoor Holdings'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.


Clear Channel Outdoor Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Clear Channel Outdoor Holdings's Cyclically Adjusted PB Ratio falls into.


;
;

Clear Channel Outdoor Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Clear Channel Outdoor Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Clear Channel Outdoor Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-6.993/134.9266*134.9266
=-6.993

Current CPI (Mar. 2025) = 134.9266.

Clear Channel Outdoor Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 -1.235 100.684 -1.655
201509 -1.330 100.392 -1.788
201512 -2.096 99.792 -2.834
201603 -3.131 100.470 -4.205
201606 -3.191 101.688 -4.234
201609 -3.252 101.861 -4.308
201612 -2.983 101.863 -3.951
201703 -3.807 102.862 -4.994
201706 -3.773 103.349 -4.926
201709 -3.947 104.136 -5.114
201712 -5.536 104.011 -7.181
201803 -5.911 105.290 -7.575
201806 -6.128 106.317 -7.777
201809 -6.276 106.507 -7.951
201812 -6.190 105.998 -7.879
201903 -6.595 107.251 -8.297
201906 -6.451 108.070 -8.054
201909 -4.817 108.329 -6.000
201912 -4.735 108.420 -5.893
202003 -5.365 108.902 -6.647
202006 -5.605 108.767 -6.953
202009 -5.886 109.815 -7.232
202012 -5.977 109.897 -7.338
202103 -6.712 111.754 -8.104
202106 -6.928 114.631 -8.155
202109 -7.006 115.734 -8.168
202112 -6.807 117.630 -7.808
202203 -6.971 121.301 -7.754
202206 -7.043 125.017 -7.601
202209 -7.111 125.227 -7.662
202212 -6.877 125.222 -7.410
202303 -6.951 127.348 -7.365
202306 -7.074 128.729 -7.415
202309 -7.606 129.860 -7.903
202312 -7.169 129.419 -7.474
202403 -7.358 131.776 -7.534
202406 -7.366 132.554 -7.498
202409 -7.381 133.029 -7.486
202412 -7.464 133.157 -7.563
202503 -6.993 134.927 -6.993

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


Clear Channel Outdoor Holdings  (NYSE:CCO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Clear Channel Outdoor Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Clear Channel Outdoor Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Clear Channel Outdoor Holdings Business Description

Traded in Other Exchanges
Address
4830 North Loop 1604 West, Suite 111, San Antonio, TX, USA, 78249
Clear Channel Outdoor Holdings Inc is a provider of out-of-home advertising solutions. The company offers advertisers an opportunity to reach mass audiences across various high-traffic public spaces, by using its diverse portfolio of assets including roadside billboards, street furniture, and airport displays. Its reportable segments are; America (U.S. operations excluding airports), Airports (U.S. and Caribbean airport operations), and Other. A majority of its revenue is generated from the America segment which generates revenue from the sale of advertising on printed and digital out-of-home advertising displays such as bulletins, posters, street furniture, and others. Geographically, the company generates maximum revenue from the United States followed by Singapore.
Executives
Scott Wells officer: See Remarks C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
W Benjamin Moreland director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii A (de) Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Justin Cochrane officer: CEO, UK & Europe 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Assf Iv Aiv B Holdings Iii, L.p. 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Assf Iv Aiv B, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Acof Vi Holdings, L.p. 10 percent owner C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Holdings L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Ares Partners Holdco Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067