GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Take-Two Interactive Software Inc (BSP:T1TW34) » Definitions » Cyclically Adjusted PB Ratio

Take-Two Interactive Software (BSP:T1TW34) Cyclically Adjusted PB Ratio : 6.37 (As of Jun. 01, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Take-Two Interactive Software Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Take-Two Interactive Software's current share price is R$209.75. Take-Two Interactive Software's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$32.91. Take-Two Interactive Software's Cyclically Adjusted PB Ratio for today is 6.37.

The historical rank and industry rank for Take-Two Interactive Software's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:T1TW34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.78   Med: 7.11   Max: 17.78
Current: 6.07

During the past years, Take-Two Interactive Software's highest Cyclically Adjusted PB Ratio was 17.78. The lowest was 1.78. And the median was 7.11.

BSP:T1TW34's Cyclically Adjusted PB Ratio is ranked worse than
88.29% of 299 companies
in the Interactive Media industry
Industry Median: 1.58 vs BSP:T1TW34: 6.07

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.

Take-Two Interactive Software's adjusted book value per share data for the three months ended in Mar. 2024 was R$41.313. 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$32.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Take-Two Interactive Software Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Take-Two Interactive Software'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.

Take-Two Interactive Software Cyclically Adjusted PB Ratio Chart

Take-Two Interactive Software 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 11.27 13.99 9.55 5.46 5.64

Take-Two Interactive Software 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 5.46 6.34 5.73 6.35 5.64

Competitive Comparison of Take-Two Interactive Software's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Take-Two Interactive Software'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.


Take-Two Interactive Software's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Take-Two Interactive Software's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Take-Two Interactive Software's Cyclically Adjusted PB Ratio falls into.



Take-Two Interactive Software 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.

Take-Two Interactive Software's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=209.75/32.91
=6.37

* 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.

Take-Two Interactive Software's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Take-Two Interactive Software'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)
=41.313/131.7762*131.7762
=41.313

Current CPI (Mar. 2024) = 131.7762.

Take-Two Interactive Software Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.950 100.560 6.487
201409 4.990 100.428 6.548
201412 6.095 99.070 8.107
201503 5.005 99.621 6.620
201506 4.640 100.684 6.073
201509 6.329 100.392 8.308
201512 5.864 99.792 7.743
201603 6.209 100.470 8.144
201606 5.224 101.688 6.770
201609 5.425 101.861 7.018
201612 6.907 101.863 8.935
201703 7.647 102.862 9.797
201706 8.561 103.349 10.916
201709 10.157 104.136 12.853
201712 10.093 104.011 12.787
201803 10.703 105.290 13.395
201806 15.384 106.317 19.068
201809 17.550 106.507 21.714
201812 17.405 105.998 21.638
201903 17.466 107.251 21.460
201906 17.780 108.070 21.680
201909 19.850 108.329 24.146
201912 21.745 108.420 26.429
202003 27.327 108.902 33.067
202006 30.093 108.767 36.459
202009 34.080 109.815 40.895
202012 35.264 109.897 42.285
202103 40.759 111.754 48.061
202106 39.076 114.631 44.920
202109 39.746 115.734 45.255
202112 44.936 117.630 50.340
202203 41.083 121.301 44.631
202206 73.364 125.017 77.331
202209 73.829 125.227 77.690
202212 74.326 125.222 78.216
202303 69.714 127.348 72.138
202306 63.888 128.729 65.400
202309 61.226 129.860 62.130
202312 61.130 129.419 62.243
202403 41.313 131.776 41.313

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.


Take-Two Interactive Software  (BSP:T1TW34) 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.


Take-Two Interactive Software Cyclically Adjusted PB Ratio Related Terms

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


Take-Two Interactive Software (BSP:T1TW34) Business Description

Traded in Other Exchanges
Address
110 West 44th Street, New York, NY, USA, 10036
Found in 1993, Take-Two consists of three wholly owned labels, Rockstar Games, 2K, and Zynga. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom." Zynga mobile titles include "Farmville," "Empires & Puzzles," and "CSR Racing.".

Take-Two Interactive Software (BSP:T1TW34) Headlines

No Headlines