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Urban One (Urban One) Cyclically Adjusted PB Ratio : 0.62 (As of Apr. 27, 2024)


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What is Urban One Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Urban One's current share price is $1.54. Urban One's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $2.49. Urban One's Cyclically Adjusted PB Ratio for today is 0.62.

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

UONEK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 1.04   Max: 20.98
Current: 0.83

During the past years, Urban One's highest Cyclically Adjusted PB Ratio was 20.98. The lowest was 0.18. And the median was 1.04.

UONEK's Cyclically Adjusted PB Ratio is ranked better than
63.55% of 631 companies
in the Media - Diversified industry
Industry Median: 1.09 vs UONEK: 0.83

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.

Urban One's adjusted book value per share data for the three months ended in Sep. 2023 was $5.705. 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 $2.49 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Urban One Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Urban One'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.

Urban One Cyclically Adjusted PB Ratio Chart

Urban One Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.14 2.50 2.54 2.12

Urban One Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.56 2.12 3.32 2.50 2.01

Competitive Comparison of Urban One's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Urban One'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.


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

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

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



Urban One 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.

Urban One's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.54/2.49
=0.62

* 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.

Urban One's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Urban One's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=5.705/129.8595*129.8595
=5.705

Current CPI (Sep. 2023) = 129.8595.

Urban One Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.639 98.326 2.165
201403 1.124 99.695 1.464
201406 0.906 100.560 1.170
201409 0.683 100.428 0.883
201412 0.377 99.070 0.494
201503 0.033 99.621 0.043
201506 -0.628 100.684 -0.810
201509 -0.972 100.392 -1.257
201512 -1.437 99.792 -1.870
201603 -1.533 100.470 -1.981
201606 -1.330 101.688 -1.698
201609 -1.360 101.861 -1.734
201612 -1.462 101.863 -1.864
201703 -1.520 102.862 -1.919
201706 -1.550 103.349 -1.948
201709 -1.646 104.136 -2.053
201712 0.880 104.011 1.099
201803 0.357 105.290 0.440
201806 0.835 106.317 1.020
201809 1.330 106.507 1.622
201812 3.785 105.998 4.637
201903 3.873 107.251 4.689
201906 4.027 108.070 4.839
201909 4.121 108.329 4.940
201912 3.969 108.420 4.754
202003 3.481 108.902 4.151
202006 3.552 108.767 4.241
202009 3.401 109.815 4.022
202012 3.914 109.897 4.625
202103 4.045 111.754 4.700
202106 4.611 114.631 5.224
202109 4.835 115.734 5.425
202112 5.915 117.630 6.530
202203 5.270 121.301 5.642
202206 5.550 125.017 5.765
202209 5.498 125.227 5.701
202212 6.899 125.222 7.155
202303 6.797 127.348 6.931
202306 6.798 128.729 6.858
202309 5.705 129.860 5.705

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.


Urban One  (NAS:UONEK) 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.


Urban One Cyclically Adjusted PB Ratio Related Terms

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


Urban One (Urban One) Business Description

Traded in Other Exchanges
Address
1010 Wayne Avenue, 14th Floor, Silver Spring, MD, USA, 20910
Urban One Inc is an urban oriented, multi-media company. Its business is radio broadcasting franchise that is the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One's operations.
Executives
David M Kantor officer: CEO, Radio Division 1010 WAYNE AVENUE, FLOOR 14, SILVER SPRING MD 20910
Kristopher Simpson officer: SVP & General Counsel 1010 WAYNE AVENUE, FLOOR 14, SILVER SPRING MD 20910
Mitchell B Doyle Jr director
Tcs Capital Advisors, Llc 10 percent owner 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Eric Semler 10 percent owner 4625 FIELDSTON ROAD, BRONX NY 10471
Tcs Capital Management Llc 10 percent owner 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
D Geoffrey Armstrong director 5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Terry L Jones director C/O CYBER DIGITAL INC, 400 OSER AVENUE, HAUPPAUGE NY 11788
Catherine L Hughes director, 10 percent owner, officer: Chairperson and Secretary 5900 PRINCESS GARDEN PARKWAY 8TH FL, LANHAM MD 20706
Brigade Capital Management, Lp 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Morgan Donald E Iii 10 percent owner C/O BRIGADE CAPITAL MANAGEMENT, LLC, 717 FIFTH AVENUE, SUITE 1301, NEW YORK NY 10022
Brigade Capital Management Gp, Llc 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Karen Wishart officer: EVP 1010 WAYNE AVENUE, 14TH FLOOR, SILVER SPRING MD 20910
Christopher J. Wegmann officer: President, Radio Division 1010 WAYNE AVENUE, 14TH FLOOR, SILVER SPRING MD 20910