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Central European Media Enterprises (Central European Media Enterprises) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Central European Media Enterprises Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Central European Media Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Central European Media Enterprises'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.

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Central European Media Enterprises Cyclically Adjusted PB Ratio Chart

Central European Media Enterprises Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Central European Media Enterprises Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of Central European Media Enterprises's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Central European Media Enterprises'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.


Central European Media Enterprises's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Central European Media Enterprises's Cyclically Adjusted PB Ratio falls into.



Central European Media Enterprises 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.

Central European Media Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2020 is calculated as:

For example, Central European Media Enterprises's adjusted Book Value per Share data for the three months ended in Jun. 2020 was:

Adj_Book=Book Value per Share/CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=1.369/108.7673*108.7673
=1.369

Current CPI (Jun. 2020) = 108.7673.

Central European Media Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201009 20.047 92.162 23.659
201012 19.060 92.474 22.418
201103 20.473 94.283 23.618
201106 20.895 95.235 23.864
201109 17.934 95.727 20.377
201112 15.556 95.213 17.770
201203 16.403 96.783 18.434
201206 13.486 96.819 15.150
201209 14.257 97.633 15.883
201212 8.111 96.871 9.107
201303 6.751 98.209 7.477
201306 4.623 98.518 5.104
201309 4.433 98.790 4.881
201312 3.264 98.326 3.611
201403 2.886 99.695 3.149
201406 4.177 100.560 4.518
201409 3.009 100.428 3.259
201412 2.067 99.070 2.269
201503 0.719 99.621 0.785
201506 0.923 100.684 0.997
201509 0.774 100.392 0.839
201512 0.569 99.792 0.620
201603 0.377 100.470 0.408
201606 -0.726 101.688 -0.777
201609 -0.823 101.861 -0.879
201612 -0.752 101.863 -0.803
201703 -0.809 102.862 -0.855
201706 -0.407 103.349 -0.428
201709 -0.409 104.136 -0.427
201712 -0.040 104.011 -0.042
201803 0.095 105.290 0.098
201806 0.412 106.317 0.421
201809 0.746 106.507 0.762
201812 0.906 105.998 0.930
201903 0.877 107.251 0.889
201906 1.116 108.070 1.123
201909 1.044 108.329 1.048
201912 1.347 108.420 1.351
202003 1.143 108.902 1.142
202006 1.369 108.767 1.369

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.


Central European Media Enterprises  (NAS:CETV) 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.


Central European Media Enterprises Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Central European Media Enterprises's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Central European Media Enterprises (Central European Media Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3 Bermudiana Road, O'Hara House, Hamilton, BMU, HM 08
Central European Media Enterprises Ltd is a media and entertainment company. The company manages its business based on geographical segments in Bulgaria, the Czech Republic, Romania, and the Slovak Republic. Geographically, it generates maximum revenue from the Czech Republic. The company generates advertising revenues from placing ads on the television channels.
Executives
Christoph Mainusch officer: co-Chief Executive Officer KRIZENECKEHO NAM. 1078/5A PRAGUE 5 2N 15200
Daniel Penn officer: EVP, General Counsel C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
Nin Michael Del officer: co-Chief Executive Officer C/O CME MEDIA SERVICES LIMITED BRANCH, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200
Alfred W Langer director C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
John Billock director C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
Kelli Turner director C/O CME MEDIA SERVICES LTD, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200
David Sturgeon officer: EVP, Chief Financial Officer C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
Parm Sandhu director C/O MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
Peter H Knag director 208 S AKARD STREET DALLAS TX 75202
Turner Theodore Mckinley Iii director ONE TIME WARNER CENTER NEW YORK NY 10019
At&t Inc. director, 10 percent owner 208 S. AKARD ST ATTN : JAMES LACY DALLAS TX 75202
Bruce Maggin director C/O CME MEDIA SERVICES LIMITED, KRIZENECKEHO NAM 1078/5A, PRAGUE 2N 15200
Time Warner Inc. director, 10 percent owner ONE TIME WARNER CENTER, NEW YORK NY 10019
Tw Media Holdings Llc director, 10 percent owner ONE TIME WARNER CENTER NEW YORK NY 10019
Time Warner Media Holdings B.v. director, 10 percent owner ONE TIME WARNER CENTER NEW YORK NY 10019

Central European Media Enterprises (Central European Media Enterprises) Headlines

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Central European Media Enterprises Ltd. (CETV) CFO David J Sach buys 11,500 Shares

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