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Mobile TeleSystems PJSC (BSP:M1BT34) Cyclically Adjusted PB Ratio : 3.58 (As of May. 28, 2024)


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What is Mobile TeleSystems PJSC Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Mobile TeleSystems PJSC's current share price is R$29.01. Mobile TeleSystems PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was R$8.10. Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio for today is 3.58.

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

BSP:M1BT34's Cyclically Adjusted PB Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 1.48
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Mobile TeleSystems PJSC's adjusted book value per share data for the three months ended in Mar. 2023 was R$0.230. 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 R$8.10 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mobile TeleSystems PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mobile TeleSystems PJSC'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.

Mobile TeleSystems PJSC Cyclically Adjusted PB Ratio Chart

Mobile TeleSystems PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 4.02 4.40 4.10 3.22

Mobile TeleSystems PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 4.10 3.09 3.62 3.22 3.58

Competitive Comparison of Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Mobile TeleSystems PJSC'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.


Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio falls into.



Mobile TeleSystems PJSC 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.

Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.01/8.1
=3.58

* 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.

Mobile TeleSystems PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Mobile TeleSystems PJSC's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.23/235.8000*235.8000
=0.230

Current CPI (Mar. 2023) = 235.8000.

Mobile TeleSystems PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201303 3.998 119.500 7.889
201306 4.077 121.400 7.919
201309 4.559 122.800 8.754
201312 5.506 124.900 10.395
201403 5.300 127.800 9.779
201406 4.788 130.900 8.625
201409 4.640 132.700 8.245
201412 3.965 139.000 6.726
201503 4.683 149.400 7.391
201506 4.175 150.900 6.524
201509 4.641 153.500 7.129
201512 4.266 157.000 6.407
201603 4.544 160.200 6.688
201606 3.915 162.200 5.691
201609 3.384 163.300 4.886
201612 3.895 165.400 5.553
201703 3.987 167.000 5.630
201706 3.599 169.200 5.016
201709 3.432 168.200 4.811
201712 3.596 169.600 5.000
201803 3.998 171.000 5.513
201806 3.478 173.100 4.738
201809 2.046 173.900 2.774
201812 1.992 176.800 2.657
201903 2.180 179.900 2.857
201906 1.254 181.200 1.632
201909 1.503 180.800 1.960
201912 1.235 182.200 1.598
202003 1.873 184.500 2.394
202006 1.136 187.000 1.432
202009 1.047 187.400 1.317
202012 1.147 191.100 1.415
202103 1.934 195.200 2.336
202106 0.140 199.100 0.166
202109 -0.076 201.300 -0.089
202112 0.449 207.200 0.511
202203 0.474 227.800 0.491
202206 -1.671 230.800 -1.707
202212 -0.477 231.900 -0.485
202303 0.230 235.800 0.230

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.


Mobile TeleSystems PJSC  (BSP:M1BT34) 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.


Mobile TeleSystems PJSC Cyclically Adjusted PB Ratio Related Terms

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


Mobile TeleSystems PJSC (BSP:M1BT34) Business Description

Traded in Other Exchanges
Address
4 Marksistskaya Street, Moscow, RUS, 109147
Mobile TeleSystems PJSC is a wireless telephone operator in Russia. The company is a large provider of fixed-line broadband and pay-TV services in the country, with a strong fixed-line presence in Moscow. The company's segment includes Telecom; Fintech and others. It generates maximum revenue from the Telecom segment.

Mobile TeleSystems PJSC (BSP:M1BT34) Headlines

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