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PMPG Polskie Media (WAR:PGM) Cyclically Adjusted PB Ratio : 0.97 (As of Apr. 28, 2024)


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What is PMPG Polskie Media Cyclically Adjusted PB Ratio?

As of today (2024-04-28), PMPG Polskie Media's current share price is zł3.50. PMPG Polskie Media's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł3.60. PMPG Polskie Media's Cyclically Adjusted PB Ratio for today is 0.97.

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

WAR:PGM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.99   Max: 2.14
Current: 0.97

During the past years, PMPG Polskie Media's highest Cyclically Adjusted PB Ratio was 2.14. The lowest was 0.71. And the median was 0.99.

WAR:PGM's Cyclically Adjusted PB Ratio is ranked better than
53.72% of 631 companies
in the Media - Diversified industry
Industry Median: 1.09 vs WAR:PGM: 0.97

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.

PMPG Polskie Media's adjusted book value per share data for the three months ended in Sep. 2023 was zł3.680. 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 zł3.60 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PMPG Polskie Media Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PMPG Polskie Media'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.

PMPG Polskie Media Cyclically Adjusted PB Ratio Chart

PMPG Polskie Media Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.76 1.47

PMPG Polskie Media 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 0.75 0.84 0.77 0.84 0.99

Competitive Comparison of PMPG Polskie Media's Cyclically Adjusted PB Ratio

For the Publishing subindustry, PMPG Polskie Media'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.


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

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

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



PMPG Polskie Media 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.

PMPG Polskie Media's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.50/3.6
=0.97

* 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.

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

For example, PMPG Polskie Media'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)
=3.68/146.1131*146.1131
=3.680

Current CPI (Sep. 2023) = 146.1131.

PMPG Polskie Media Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.603 101.018 2.319
201403 1.840 101.262 2.655
201406 2.137 101.180 3.086
201409 2.187 100.611 3.176
201412 2.004 100.122 2.925
201503 2.006 100.041 2.930
201506 2.218 100.448 3.226
201509 2.234 99.634 3.276
201512 2.541 99.471 3.732
201603 2.656 98.983 3.921
201606 2.772 99.552 4.068
201609 2.910 99.064 4.292
201612 3.279 100.366 4.774
201703 3.399 101.018 4.916
201706 3.379 101.180 4.880
201709 3.578 101.343 5.159
201712 2.728 102.564 3.886
201803 2.953 102.564 4.207
201806 3.146 103.378 4.447
201809 3.146 103.378 4.447
201812 2.986 103.785 4.204
201903 2.855 104.274 4.001
201906 2.870 105.983 3.957
201909 3.019 105.983 4.162
201912 1.910 107.123 2.605
202003 1.895 109.076 2.538
202006 1.973 109.402 2.635
202009 2.133 109.320 2.851
202012 2.386 109.565 3.182
202103 2.576 112.658 3.341
202106 2.823 113.960 3.619
202109 2.901 115.588 3.667
202112 2.764 119.088 3.391
202203 2.820 125.031 3.296
202206 3.003 131.705 3.332
202209 3.097 135.531 3.339
202212 3.202 139.113 3.363
202303 3.274 145.950 3.278
202306 3.304 147.009 3.284
202309 3.680 146.113 3.680

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.


PMPG Polskie Media  (WAR:PGM) 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.


PMPG Polskie Media Cyclically Adjusted PB Ratio Related Terms

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


PMPG Polskie Media (WAR:PGM) Business Description

Traded in Other Exchanges
N/A
Address
Al. Jerozolimskie 212, Batory Office Building II, Warszawa, POL, 02-486
PMPG Polskie Media SA a Poland based company which operates in the traditional and new media markets. It publishes WPROST, a weekly magazine; and Tygodnik Do Reczy and Historia Do Rzeczy magazines. The company also publishes books, newspapers, and periodicals, as well as provides advertising services.

PMPG Polskie Media (WAR:PGM) Headlines