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Kabel Deutschland Holding AG (HAM:KD8) Cyclically Adjusted PB Ratio : (As of May. 14, 2024)


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What is Kabel Deutschland Holding AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kabel Deutschland Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kabel Deutschland Holding AG'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.

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Kabel Deutschland Holding AG Cyclically Adjusted PB Ratio Chart

Kabel Deutschland Holding AG Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PB Ratio
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Kabel Deutschland Holding AG Semi-Annual Data
Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
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Competitive Comparison of Kabel Deutschland Holding AG's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Kabel Deutschland Holding AG'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.


Kabel Deutschland Holding AG's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kabel Deutschland Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kabel Deutschland Holding AG's Cyclically Adjusted PB Ratio falls into.



Kabel Deutschland Holding AG 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.

Kabel Deutschland Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar21 is calculated as:

For example, Kabel Deutschland Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Mar21 was:

Adj_Book=Book Value per Share/CPI of Mar21 (Change)*Current CPI (Mar21)
=-5.937/107.5179*107.5179
=-5.937

Current CPI (Mar21) = 107.5179.

Kabel Deutschland Holding AG Annual Data

Book Value per Share CPI Adj_Book
201203 -17.866 97.117 -19.779
201303 -16.731 98.516 -18.260
201403 -19.875 99.543 -21.467
201503 -16.826 99.717 -18.142
201603 -13.549 100.017 -14.565
201703 -10.382 101.417 -11.007
201803 -7.323 102.917 -7.650
201903 -6.472 104.217 -6.677
202003 -5.904 105.718 -6.005
202103 -5.937 107.518 -5.937

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.


Kabel Deutschland Holding AG  (HAM:KD8) 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.


Kabel Deutschland Holding AG Cyclically Adjusted PB Ratio Related Terms

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Kabel Deutschland Holding AG (HAM:KD8) Business Description

Traded in Other Exchanges
N/A
Address
Betastrasse 6 - 8, Unterfoehring, DEU, 85774
Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland Holding AG (HAM:KD8) Headlines

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