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The Arena Group Holdings (The Arena Group Holdings) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is The Arena Group Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Arena Group Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Arena Group Holdings'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.

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The Arena Group Holdings Cyclically Adjusted PB Ratio Chart

The Arena Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 14.94 - - -

The Arena Group Holdings 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 - - - - -

Competitive Comparison of The Arena Group Holdings's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, The Arena Group Holdings'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 Arena Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, The Arena Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Arena Group Holdings's Cyclically Adjusted PB Ratio falls into.



The Arena Group Holdings 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 Arena Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Arena Group Holdings'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)
=-5.067/131.7762*131.7762
=-5.067

Current CPI (Mar. 2024) = 131.7762.

The Arena Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.814 100.560 7.619
201409 5.644 100.428 7.406
201412 5.523 99.070 7.346
201503 5.358 99.621 7.087
201506 5.210 100.684 6.819
201509 5.060 100.392 6.642
201512 4.970 99.792 6.563
201603 4.801 100.470 6.297
201606 4.699 101.688 6.089
201609 4.482 101.861 5.798
201612 0.771 101.863 0.997
201703 3.378 102.862 4.328
201706 2.530 103.349 3.226
201709 2.989 104.136 3.782
201712 2.302 104.011 2.917
201803 4.033 105.290 5.048
201806 3.157 106.317 3.913
201809 -3.464 106.507 -4.286
201812 -6.592 105.998 -8.195
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 -21.969 108.420 -26.702
202003 -32.630 108.902 -39.484
202006 -42.514 108.767 -51.508
202009 -49.562 109.815 -59.474
202012 -2.545 109.897 -3.052
202103 -3.846 111.754 -4.535
202106 -2.712 114.631 -3.118
202109 -3.968 115.734 -4.518
202112 -5.190 117.630 -5.814
202203 -1.396 121.301 -1.517
202206 -1.905 125.017 -2.008
202209 -2.459 125.227 -2.588
202212 -2.849 125.222 -2.998
202303 -2.420 127.348 -2.504
202306 -2.916 128.729 -2.985
202309 -2.487 129.860 -2.524
202312 -2.475 129.419 -2.520
202403 -5.067 131.776 -5.067

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 Arena Group Holdings  (AMEX:AREN) 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 Arena Group Holdings Cyclically Adjusted PB Ratio Related Terms

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The Arena Group Holdings (The Arena Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
200 Vesey Street, 24th Floor, New York, NY, USA, 10281
The Arena Group Holdings Inc is a tech-powered media company that fuses superior technology, iconic brands, and marketing savvy to deliver vibrant content and experiences that reach more than 120 million users each month. The company creates robust digital destinations that delight consumers with powerful journalism, news about the things such as favorite sports teams, advice on investing, the inside scoop on personal finance, and the latest on lifestyle essentials. The Company operates in one reportable segment which focuses on a publishing platform.
Executives
Todd D. Sims director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
B. Riley Financial, Inc. other: See Remarks. 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Paul Taylor Edmondson officer: Chief Operating Officer C/O THEMAVEN, 1500 FOURTH AVENUE, SEATTLE WA 98101
Herbert Hunt Allred director 200 VESEY ST., 24TH FLOOR, NEW YORK NY 10281
Daniel Shribman director 299 PARK AVENUE, NEW YORK NY 10171
Ross Levinsohn director 701 FIRST AVENUE, SUNNYVALE CA 94089
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Christopher Petzel director 200 VESEY ST., 24TH FLOOR, NEW YORK NY 10281
Laura Anne Lee director 267 1ST STREET, APT 1, BROOKLYN NY 11215
Spiridon Christoforatos officer: Chief Accounting Officer 200 VESEY ST., 24TH FLOOR, NEW YORK NY 10281
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Carlo Zola director 225 LIBERTY STREET, 27TH FLOOR, NEW YORK NY 10281
Eric Semler director 4625 FIELDSTON ROAD, BRONX NY 10471
Brc Partners Opportunity Fund, Lp other: See Remarks. 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Henry Robertson Barrett officer: President, Media 225 LIBERTY STREET, 27TH FLOOR, NEW YORK NY 10281