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Beasley Broadcast Group (FRA:BZS) Cyclically Adjusted PB Ratio : 0.07 (As of Jun. 02, 2024)


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What is Beasley Broadcast Group Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Beasley Broadcast Group's current share price is €0.595. Beasley Broadcast Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.68. Beasley Broadcast Group's Cyclically Adjusted PB Ratio for today is 0.07.

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

FRA:BZS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.89   Max: 3.35
Current: 0.07

During the past years, Beasley Broadcast Group's highest Cyclically Adjusted PB Ratio was 3.35. The lowest was 0.07. And the median was 0.89.

FRA:BZS's Cyclically Adjusted PB Ratio is ranked better than
97.06% of 680 companies
in the Media - Diversified industry
Industry Median: 1.12 vs FRA:BZS: 0.07

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.

Beasley Broadcast Group's adjusted book value per share data for the three months ended in Mar. 2024 was €4.525. 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 €8.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beasley Broadcast Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beasley Broadcast Group'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.

Beasley Broadcast Group Cyclically Adjusted PB Ratio Chart

Beasley Broadcast Group 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 0.51 0.22 0.24 0.11 0.10

Beasley Broadcast Group 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 0.09 0.11 0.10 0.10 0.08

Competitive Comparison of Beasley Broadcast Group's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Beasley Broadcast Group'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.


Beasley Broadcast Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beasley Broadcast Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Beasley Broadcast Group 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.

Beasley Broadcast Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.595/8.68
=0.07

* 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.

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

For example, Beasley Broadcast Group'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)
=4.525/131.7762*131.7762
=4.525

Current CPI (Mar. 2024) = 131.7762.

Beasley Broadcast Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.049 100.560 3.996
201409 3.275 100.428 4.297
201412 4.582 99.070 6.095
201503 5.200 99.621 6.878
201506 5.084 100.684 6.654
201509 5.026 100.392 6.597
201512 5.277 99.792 6.968
201603 5.175 100.470 6.787
201606 5.191 101.688 6.727
201609 5.221 101.861 6.754
201612 6.657 101.863 8.612
201703 6.757 102.862 8.656
201706 6.545 103.349 8.345
201709 6.325 104.136 8.004
201712 8.381 104.011 10.618
201803 7.902 105.290 9.890
201806 8.470 106.317 10.498
201809 8.542 106.507 10.569
201812 8.768 105.998 10.900
201903 8.758 107.251 10.761
201906 8.864 108.070 10.808
201909 9.270 108.329 11.276
201912 9.154 108.420 11.126
202003 8.875 108.902 10.739
202006 8.150 108.767 9.874
202009 7.465 109.815 8.958
202012 7.501 109.897 8.994
202103 7.262 111.754 8.563
202106 7.166 114.631 8.238
202109 7.318 115.734 8.332
202112 7.930 117.630 8.884
202203 8.019 121.301 8.711
202206 7.862 125.017 8.287
202209 8.418 125.227 8.858
202212 7.085 125.222 7.456
202303 6.891 127.348 7.131
202306 6.464 128.729 6.617
202309 4.454 129.860 4.520
202312 4.506 129.419 4.588
202403 4.525 131.776 4.525

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.


Beasley Broadcast Group  (FRA:BZS) 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.


Beasley Broadcast Group Cyclically Adjusted PB Ratio Related Terms

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


Beasley Broadcast Group (FRA:BZS) Business Description

Traded in Other Exchanges
Address
3033 Riviera Drive, Suite 200, Naples, FL, USA, 34103
Beasley Broadcast Group Inc is a multi-platform media company, whose primary business is operating radio stations throughout the United States. The Company offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company owns and operates stations in the following markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, and Wilmington, DE. The Company currently operates three operating segments Audio, Digital and esports.

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