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B Communications (B Communications) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 10, 2024)


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What is B Communications Cyclically Adjusted PB Ratio?

As of today (2024-06-10), B Communications's current share price is $3.53. B Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.90. B Communications's Cyclically Adjusted PB Ratio for today is 0.60.

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

BCOMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.62   Max: 3.07
Current: 0.56

During the past years, B Communications's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.08. And the median was 0.62.

BCOMF's Cyclically Adjusted PB Ratio is ranked better than
79.86% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.475 vs BCOMF: 0.56

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.

B Communications's adjusted book value per share data for the three months ended in Mar. 2024 was $0.571. 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 $5.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


B Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for B Communications'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.

B Communications Cyclically Adjusted PB Ratio Chart

B Communications 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 0.16 0.15 0.39 0.67 0.66

B Communications 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 0.53 0.44 0.71 0.66 0.63

Competitive Comparison of B Communications's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, B Communications'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.


B Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, B Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B Communications's Cyclically Adjusted PB Ratio falls into.



B Communications 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.

B Communications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.53/5.9
=0.60

* 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.

B Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, B Communications'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)
=0.571/131.7762*131.7762
=0.571

Current CPI (Mar. 2024) = 131.7762.

B Communications Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.950 100.560 10.418
201409 7.870 100.428 10.327
201412 8.546 99.070 11.367
201503 9.017 99.621 11.927
201506 8.644 100.684 11.313
201509 8.685 100.392 11.400
201512 9.293 99.792 12.271
201603 15.473 100.470 20.294
201606 12.681 101.688 16.433
201609 10.395 101.861 13.448
201612 10.404 101.863 13.459
201703 10.769 102.862 13.796
201706 11.134 103.349 14.197
201709 11.449 104.136 14.488
201712 11.080 104.011 14.038
201803 5.202 105.290 6.511
201806 8.590 106.317 10.647
201809 8.857 106.507 10.958
201812 2.028 105.998 2.521
201903 2.795 107.251 3.434
201906 -4.499 108.070 -5.486
201909 -1.451 108.329 -1.765
201912 -0.551 108.420 -0.670
202003 -0.286 108.902 -0.346
202006 -0.201 108.767 -0.244
202009 -0.334 109.815 -0.401
202012 -0.245 109.897 -0.294
202103 -0.039 111.754 -0.046
202106 0.080 114.631 0.092
202109 0.153 115.734 0.174
202112 0.037 117.630 0.041
202203 0.147 121.301 0.160
202206 0.135 125.017 0.142
202209 0.220 125.227 0.232
202212 0.134 125.222 0.141
202303 0.280 127.348 0.290
202306 0.287 128.729 0.294
202309 0.379 129.860 0.385
202312 0.475 129.419 0.484
202403 0.571 131.776 0.571

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.


B Communications  (OTCPK:BCOMF) 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.


B Communications Cyclically Adjusted PB Ratio Related Terms

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


B Communications (B Communications) Business Description

Traded in Other Exchanges
Address
144 Menachem Begin Road, Tel Aviv, ISR, 6492102
B Communications Ltd is a holding company with a single asset, a controlling interest in Bezeq, an Israeli triple play telecommunications company. Bezeq generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone Communications Ltd, Bezeq International Ltd, and DBS Satellite Services. The Bezeq segment generates revenue from fixed line communications. Bezeq's other division, Pelephone, derives revenue from the provision of mobile services. The last two segments, Bezeq International and DBS Satellite Services, produce revenue from the provision of Internet services and satellite TV services, respectively. Bezeq is an owner of telecommunications infrastructure, such as fibre networks.