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The Walt Disney Co (BUE:DISN) Cyclically Adjusted PB Ratio : 2.47 (As of Jun. 05, 2024)


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What is The Walt Disney Co Cyclically Adjusted PB Ratio?

As of today (2024-06-05), The Walt Disney Co's current share price is ARS10416.00. The Walt Disney Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS4,219.28. The Walt Disney Co's Cyclically Adjusted PB Ratio for today is 2.47.

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

BUE:DISN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 4.24   Max: 6.04
Current: 2.19

During the past years, The Walt Disney Co's highest Cyclically Adjusted PB Ratio was 6.04. The lowest was 1.74. And the median was 4.24.

BUE:DISN's Cyclically Adjusted PB Ratio is ranked worse than
74.27% of 684 companies
in the Media - Diversified industry
Industry Median: 1.13 vs BUE:DISN: 2.19

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.

The Walt Disney Co's adjusted book value per share data for the three months ended in Mar. 2024 was ARS5,724.248. 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 ARS4,219.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Walt Disney Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Walt Disney Co'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.

The Walt Disney Co Cyclically Adjusted PB Ratio Chart

The Walt Disney Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 3.87 4.68 2.27 1.78

The Walt Disney Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.30 2.00 1.78 1.97 2.59

Competitive Comparison of The Walt Disney Co's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



The Walt Disney Co 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.

The Walt Disney Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10416.00/4219.28
=2.47

* 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.

The Walt Disney Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Walt Disney Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5724.248/131.7762*131.7762
=5,724.248

Current CPI (Mar. 2024) = 131.7762.

The Walt Disney Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.195 100.560 35.637
201409 27.831 100.428 36.518
201412 27.769 99.070 36.937
201503 29.856 99.621 39.493
201506 33.023 100.684 43.221
201509 32.706 100.392 42.931
201512 41.834 99.792 55.242
201603 47.381 100.470 62.145
201606 45.427 101.688 58.868
201609 50.420 101.861 65.228
201612 53.515 101.863 69.230
201703 53.919 102.862 69.075
201706 54.785 103.349 69.854
201709 60.332 104.136 76.346
201712 68.551 104.011 86.850
201803 75.812 105.290 94.883
201806 95.786 106.317 118.724
201809 149.566 106.507 185.052
201812 159.158 105.998 197.865
201903 246.749 107.251 303.175
201906 283.703 108.070 345.938
201909 348.858 108.329 424.365
201912 376.551 108.420 457.668
202003 393.845 108.902 476.572
202006 412.576 108.767 499.853
202009 429.233 109.815 515.073
202012 480.187 109.897 575.788
202103 540.809 111.754 637.700
202106 576.711 114.631 662.967
202109 595.346 115.734 677.867
202112 636.957 117.630 713.561
202203 683.027 121.301 742.011
202206 781.199 125.017 823.437
202209 926.541 125.227 975.002
202212 1,131.343 125.222 1,190.560
202303 1,356.825 127.348 1,404.007
202306 1,644.189 128.729 1,683.113
202309 2,373.087 129.860 2,408.113
202312 2,478.209 129.419 2,523.339
202403 5,724.248 131.776 5,724.248

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.


The Walt Disney Co  (BUE:DISN) 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.


The Walt Disney Co Cyclically Adjusted PB Ratio Related Terms

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


The Walt Disney Co (BUE:DISN) Business Description

Address
500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.

The Walt Disney Co (BUE:DISN) Headlines

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