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Urban One (Urban One) Cyclically Adjusted Book per Share : $2.49 (As of Sep. 2023)


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What is Urban One 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.

Urban One's adjusted book value per share 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.

During the past 12 months, Urban One's average Cyclically Adjusted Book Growth Rate was 20.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -15.60% 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 Urban One was 6.70% per year. The lowest was -27.90% per year. And the median was -12.85% per year.

As of today (2024-05-29), Urban One's current stock price is $1.63. 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 of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Urban One was 20.98. The lowest was 0.23. And the median was 1.04.


Urban One Cyclically Adjusted Book per Share Historical Data

The historical data trend for Urban One'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.

Urban One Cyclically Adjusted Book per Share Chart

Urban One Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.66 0.47 1.33 1.78

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 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 1.66 1.78 1.65 2.40 2.49

Competitive Comparison of Urban One's Cyclically Adjusted Book per Share

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 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, 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.


Urban One  (NAS:UONEK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.63/2.49
=0.65

* 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 Urban One was 20.98. The lowest was 0.23. And the median was 1.04.


Be Aware

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


Urban One Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Urban One's Cyclically Adjusted Book per Share 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