GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Criteo SA (NAS:CRTO) » Definitions » Cyclically Adjusted PB Ratio

Criteo (Criteo) Cyclically Adjusted PB Ratio : 2.39 (As of Apr. 27, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Criteo Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Criteo's current share price is $36.32. Criteo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.18. Criteo's Cyclically Adjusted PB Ratio for today is 2.39.

The historical rank and industry rank for Criteo's Cyclically Adjusted PB Ratio or its related term are showing as below:

CRTO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 2.15   Max: 3.91
Current: 2.41

During the past years, Criteo's highest Cyclically Adjusted PB Ratio was 3.91. The lowest was 1.55. And the median was 2.15.

CRTO's Cyclically Adjusted PB Ratio is ranked worse than
78.29% of 631 companies
in the Media - Diversified industry
Industry Median: 1.09 vs CRTO: 2.41

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.

Criteo's adjusted book value per share data for the three months ended in Dec. 2023 was $19.360. 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 $15.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Criteo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Criteo'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.

Criteo Cyclically Adjusted PB Ratio Chart

Criteo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.35 1.93 1.67

Criteo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.93 2.26 2.34 1.96 1.67

Competitive Comparison of Criteo's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Criteo'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.


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

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

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



Criteo 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.

Criteo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.32/15.18
=2.39

* 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.

Criteo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Criteo'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)
=19.36/118.2300*118.2300
=19.360

Current CPI (Dec. 2023) = 118.2300.

Criteo Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.871 100.240 8.104
201406 6.789 100.180 8.012
201409 6.728 99.920 7.961
201412 6.808 99.860 8.060
201503 6.434 100.170 7.594
201506 7.115 100.440 8.375
201509 7.073 99.950 8.367
201512 7.593 100.040 8.974
201603 8.352 100.020 9.873
201606 8.549 100.630 10.044
201609 9.002 100.340 10.607
201612 9.380 100.650 11.018
201703 10.195 101.170 11.914
201706 11.160 101.320 13.023
201709 12.155 101.330 14.182
201712 13.339 101.850 15.484
201803 14.267 102.750 16.416
201806 14.148 103.370 16.182
201809 14.570 103.560 16.634
201812 14.688 103.470 16.783
201903 14.976 103.890 17.043
201906 15.314 104.580 17.313
201909 15.272 104.500 17.279
201912 16.170 104.980 18.211
202003 16.135 104.590 18.239
202006 16.542 104.790 18.664
202009 17.120 104.550 19.360
202012 18.423 104.960 20.752
202103 18.252 105.750 20.406
202106 18.535 106.340 20.607
202109 18.370 106.810 20.334
202112 19.170 107.850 21.015
202203 19.289 110.490 20.640
202206 17.827 112.550 18.727
202209 17.476 112.740 18.327
202212 18.302 114.160 18.954
202303 18.173 116.790 18.397
202306 18.100 117.650 18.189
202309 17.869 118.260 17.864
202312 19.360 118.230 19.360

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.


Criteo  (NAS:CRTO) 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.


Criteo Cyclically Adjusted PB Ratio Related Terms

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


Criteo (Criteo) Business Description

Traded in Other Exchanges
Address
32 Rue Blanche, Paris, FRA, 75009
Headquartered in Paris, Criteo is one of the leading ad-tech companies in the digital advertising market. Its technology, allows retailer advertisers to launch multichannel and cross-device marketing campaigns in real time. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically. The firm also provides technology allowing retailers to effectively manage their ad inventories and improve yield optimization.
Executives
Megan Clarken officer: Chief Executive Officer C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016
Ryan Damon other: EVP, Gen. Counsel & Secretary C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
Sarah Js Glickman officer: Chief Financial Officer 60 BINNEY STREET, C/O BLUEBIRD BIO, INC., CAMBRIDGE MA 02142
Van Der Kooi Frederik director C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016
Marie Lalleman director C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
Nathalie Balla director C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
Rachel Picard director C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
James Warner director 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
Edmond Mesrobian director 10 S ALMADEN BLVD, 16TH FLOOR, SAN JOSE CA 95113
Jean-baptiste Rudelle director, officer: Executive Chairman C/O CRITEO S.A., 32 RUE BLANCHE, PARIS I0 75009
David J Anderson officer: Interim CFO C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Dan Teodosiu officer: Chief Technology Officer C/O CRITEO, 32 RUE BLANCHE, PARIS I0 75009
Mary Spilman officer: Chief Revenue Officer C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016
Eric Eichmann director, officer: Chief Executive Officer C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 11TH FLOOR, NEW YORK NY 10016
Pesquidoux Hubert De director TEKELEC, 5200 PARAMOUNT PARKWAY, MORRISVILLE NC 27560