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Network 18 Media & Investments (BOM:532798) Cyclically Adjusted PB Ratio : (As of May. 31, 2024)


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What is Network 18 Media & Investments Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Network 18 Media & Investments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Network 18 Media & Investments'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.

Network 18 Media & Investments Cyclically Adjusted PB Ratio Chart

Network 18 Media & Investments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.37 4.76 3.39 -

Network 18 Media & Investments 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 3.39 - 3.11 - -

Competitive Comparison of Network 18 Media & Investments's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Network 18 Media & Investments'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.


Network 18 Media & Investments's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Network 18 Media & Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Network 18 Media & Investments's Cyclically Adjusted PB Ratio falls into.



Network 18 Media & Investments 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.

Network 18 Media & Investments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Network 18 Media & Investments'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)
=0/153.0345*153.0345
=0.000

Current CPI (Mar. 2024) = 153.0345.

Network 18 Media & Investments Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 15.544 96.780 24.579
201412 0.000 96.780 0.000
201503 18.959 97.163 29.861
201506 0.000 99.841 0.000
201509 15.248 101.753 22.933
201512 0.000 102.901 0.000
201603 17.923 102.518 26.755
201606 0.000 105.961 0.000
201609 13.613 105.961 19.661
201612 0.000 105.196 0.000
201703 12.253 105.196 17.825
201706 0.000 107.109 0.000
201709 11.193 109.021 15.712
201712 0.000 109.404 0.000
201803 10.824 109.786 15.088
201806 0.000 111.317 0.000
201809 8.940 115.142 11.882
201812 0.000 115.142 0.000
201903 7.831 118.202 10.139
201906 0.000 120.880 0.000
201909 5.724 123.175 7.112
201912 0.000 126.235 0.000
202003 4.986 124.705 6.119
202006 0.000 127.000 0.000
202009 4.275 130.118 5.028
202012 0.000 130.889 0.000
202103 5.279 131.771 6.131
202106 0.000 134.084 0.000
202109 5.656 135.847 6.372
202112 0.000 138.161 0.000
202203 7.209 138.822 7.947
202206 0.000 142.347 0.000
202209 6.887 144.661 7.286
202212 0.000 145.763 0.000
202303 6.448 146.865 6.719
202306 0.000 150.280 0.000
202309 123.386 151.492 124.642
202312 0.000 152.924 0.000
202403 0.000 153.035 0.000

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.


Network 18 Media & Investments  (BOM:532798) 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.


Network 18 Media & Investments Cyclically Adjusted PB Ratio Related Terms

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Network 18 Media & Investments (BOM:532798) Business Description

Traded in Other Exchanges
Address
414, Senapati Bapat Marg, First Floor, Empire Complex, Lower Parel, Mumbai, MH, IND, 400 013
Network 18 Media & Investments Ltd is a mass media company. The company's only segment being Media Operations. The company operates news channels that broadcast throughout India that include CNBC-TV18, News18 India, and CNN-News18 as well as entertainment networks that include MTV India, Comedy Central, and Vh1.

Network 18 Media & Investments (BOM:532798) Headlines

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