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Postmedia Network Canada (TSX:PNC.A) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Postmedia Network Canada Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Postmedia Network Canada Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Postmedia Network Canada'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.

Postmedia Network Canada Cyclically Adjusted PB Ratio Chart

Postmedia Network Canada Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.02 -

Postmedia Network Canada Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.07 0.17 - - -

Competitive Comparison of Postmedia Network Canada's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Postmedia Network Canada'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.


Postmedia Network Canada's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Postmedia Network Canada 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.

Postmedia Network Canada's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Postmedia Network Canada's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-3.063/125.4675*125.4675
=-3.063

Current CPI (Feb. 2024) = 125.4675.

Postmedia Network Canada Quarterly Data

Book Value per Share CPI Adj_Book
201405 194.892 99.394 246.016
201408 27.631 99.315 34.907
201411 24.114 99.078 30.537
201502 -34.110 99.078 -43.195
201505 -15.841 100.263 -19.823
201508 -47.630 100.579 -59.416
201511 -40.987 100.421 -51.210
201602 -181.912 100.421 -227.283
201605 -208.083 101.765 -256.549
201608 -255.218 101.686 -314.908
201611 -76.950 101.607 -95.021
201702 -77.679 102.476 -95.107
201705 -1.580 103.108 -1.923
201708 -0.919 103.108 -1.118
201711 -0.704 103.740 -0.851
201802 -0.657 104.688 -0.787
201805 -0.850 105.399 -1.012
201808 -0.994 106.031 -1.176
201811 -1.067 105.478 -1.269
201902 -1.189 106.268 -1.404
201905 -1.590 107.927 -1.848
201908 -1.455 108.085 -1.689
201911 -1.230 107.769 -1.432
202002 -1.799 108.559 -2.079
202005 -1.742 107.532 -2.033
202008 -1.752 108.243 -2.031
202011 -1.304 108.796 -1.504
202102 -1.282 109.745 -1.466
202105 -1.179 111.404 -1.328
202108 -1.490 112.668 -1.659
202111 -1.530 113.932 -1.685
202202 -1.665 115.986 -1.801
202205 -1.702 120.016 -1.779
202208 -2.036 120.569 -2.119
202211 -2.193 121.675 -2.261
202302 -2.401 122.070 -2.468
202305 -2.649 124.045 -2.679
202308 -2.756 125.389 -2.758
202311 -2.863 125.468 -2.863
202402 -3.063 125.468 -3.063

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.


Postmedia Network Canada  (TSX:PNC.A) 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.


Postmedia Network Canada Cyclically Adjusted PB Ratio Related Terms

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Postmedia Network Canada (TSX:PNC.A) Business Description

Traded in Other Exchanges
Address
365 Bloor Street East, Legal Department, 12th Floor, Toronto, ON, CAN, M4W 3L4
Postmedia Network Canada Corp is a holding company. It operates through the Newsmedia segment. The company's business consists of news and information gathering and dissemination operations, with products offered in local, regional and metropolitan markets in Canada through multiple print, online and mobile platforms. Postmedia's operations include an extensive distribution network, which also offers distribution services, for advertising flyers and parcels. The combination of these distribution platforms provides audiences with a variety of media through which to access and interact with Postmedia's content. The breadth of the company's reach and the diversity of its content enable advertisers to reach target audiences on a local, regional or national scale.

Postmedia Network Canada (TSX:PNC.A) Headlines

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