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Lions Gate Entertainment (FRA:LGNA) Cyclically Adjusted Book per Share : €10.47 (As of Mar. 2024)


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What is Lions Gate Entertainment Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Lions Gate Entertainment's adjusted book value per share for the three months ended in Mar. 2024 was €-1.223. 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 €10.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lions Gate Entertainment's average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 25.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Lions Gate Entertainment was 36.70% per year. The lowest was -19.10% per year. And the median was 18.45% per year.

As of today (2024-06-04), Lions Gate Entertainment's current stock price is €7.645. Lions Gate Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.47. Lions Gate Entertainment's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lions Gate Entertainment was 31.84. The lowest was 0.51. And the median was 3.32.


Lions Gate Entertainment Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lions Gate Entertainment's Cyclically Adjusted Book per Share 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.

Lions Gate Entertainment Cyclically Adjusted Book per Share Chart

Lions Gate Entertainment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.85 8.24 9.62 10.01 10.47

Lions Gate Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 10.01 10.90 11.10 10.45 10.47

Competitive Comparison of Lions Gate Entertainment's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Lions Gate Entertainment'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.


Lions Gate Entertainment's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Lions Gate Entertainment Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Lions Gate Entertainment'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)
=-1.223/126.2576*126.2576
=-1.223

Current CPI (Mar. 2024) = 126.2576.

Lions Gate Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.865 99.473 3.636
201409 3.102 99.394 3.940
201412 3.862 98.367 4.957
201503 5.348 99.789 6.767
201506 5.745 100.500 7.217
201509 5.325 100.421 6.695
201512 5.837 99.947 7.374
201603 5.202 101.054 6.499
201606 5.245 102.002 6.492
201609 5.149 101.765 6.388
201612 11.019 101.449 13.714
201703 11.330 102.634 13.938
201706 11.872 103.029 14.549
201709 11.345 103.345 13.860
201712 12.313 103.345 15.043
201803 12.124 105.004 14.578
201806 12.805 105.557 15.316
201809 12.209 105.636 14.592
201812 12.516 105.399 14.993
201903 11.959 106.979 14.114
201906 11.599 107.690 13.599
201909 11.834 107.611 13.885
201912 11.430 107.769 13.391
202003 10.964 107.927 12.826
202006 10.938 108.401 12.740
202009 10.443 108.164 12.190
202012 10.215 108.559 11.880
202103 10.606 110.298 12.141
202106 10.201 111.720 11.528
202109 10.395 112.905 11.624
202112 10.757 113.774 11.937
202203 10.807 117.646 11.598
202206 10.906 120.806 11.398
202209 3.737 120.648 3.911
202212 3.645 120.964 3.805
202303 3.194 122.702 3.287
202306 2.896 124.203 2.944
202309 -0.882 125.230 -0.889
202312 -1.270 125.072 -1.282
202403 -1.223 126.258 -1.223

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Lions Gate Entertainment  (FRA:LGNA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Lions Gate Entertainment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.645/10.47
=0.73

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lions Gate Entertainment was 31.84. The lowest was 0.51. And the median was 3.32.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Lions Gate Entertainment Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Lions Gate Entertainment's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lions Gate Entertainment (FRA:LGNA) Business Description

Traded in Other Exchanges
Address
250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8
Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.

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