GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lions Gate Entertainment Corp (NYSE:LGF.A) » Definitions » Cyclically Adjusted PB Ratio

Lions Gate Entertainment (Lions Gate Entertainment) Cyclically Adjusted PB Ratio : 0.93 (As of May. 21, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Lions Gate Entertainment Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Lions Gate Entertainment's current share price is $10.73. Lions Gate Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.54. Lions Gate Entertainment's Cyclically Adjusted PB Ratio for today is 0.93.

The historical rank and industry rank for Lions Gate Entertainment's Cyclically Adjusted PB Ratio or its related term are showing as below:

LGF.A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 3.53   Max: 31.84
Current: 0.91

During the past years, Lions Gate Entertainment's highest Cyclically Adjusted PB Ratio was 31.84. The lowest was 0.51. And the median was 3.53.

LGF.A's Cyclically Adjusted PB Ratio is ranked better than
57.81% of 659 companies
in the Media - Diversified industry
Industry Median: 1.12 vs LGF.A: 0.91

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.

Lions Gate Entertainment's adjusted book value per share data for the three months ended in Dec. 2023 was $-1.385. 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 $11.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lions Gate Entertainment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lions Gate Entertainment'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.

Lions Gate Entertainment Cyclically Adjusted PB Ratio Chart

Lions Gate Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 0.80 1.55 1.50 0.96

Lions Gate Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.51 0.96 0.76 0.72 0.94

Competitive Comparison of Lions Gate Entertainment's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Lions Gate Entertainment'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.


Lions Gate Entertainment's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Lions Gate Entertainment's Cyclically Adjusted PB Ratio falls into.



Lions Gate Entertainment 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.

Lions Gate Entertainment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.73/11.54
=0.93

* 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.

Lions Gate Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lions Gate Entertainment's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.385/125.0724*125.0724
=-1.385

Current CPI (Dec. 2023) = 125.0724.

Lions Gate Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.145 98.604 5.258
201406 3.892 99.473 4.894
201409 3.998 99.394 5.031
201412 4.763 98.367 6.056
201503 5.788 99.789 7.254
201506 6.448 100.500 8.025
201509 5.977 100.421 7.444
201512 6.358 99.947 7.956
201603 5.793 101.054 7.170
201606 5.893 102.002 7.226
201609 5.779 101.765 7.103
201612 11.623 101.449 14.330
201703 12.118 102.634 14.767
201706 13.339 103.029 16.193
201709 13.522 103.345 16.365
201712 14.572 103.345 17.636
201803 14.950 105.004 17.807
201806 14.959 105.557 17.725
201809 14.246 105.636 16.867
201812 14.239 105.399 16.897
201903 13.513 106.979 15.798
201906 13.107 107.690 15.223
201909 13.033 107.611 15.148
201912 12.700 107.769 14.739
202003 12.115 107.927 14.040
202006 12.318 108.401 14.212
202009 12.300 108.164 14.223
202012 12.427 108.559 14.317
202103 12.627 110.298 14.318
202106 12.291 111.720 13.760
202109 12.230 112.905 13.548
202112 12.155 113.774 13.362
202203 11.902 117.646 12.653
202206 11.528 120.806 11.935
202209 3.700 120.648 3.836
202212 3.861 120.964 3.992
202303 3.420 122.702 3.486
202306 3.138 124.203 3.160
202309 -0.941 125.230 -0.940
202312 -1.385 125.072 -1.385

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.


Lions Gate Entertainment  (NYSE:LGF.A) 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.


Lions Gate Entertainment Cyclically Adjusted PB Ratio Related Terms

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


Lions Gate Entertainment (Lions Gate Entertainment) Business Description

Traded in Other Exchanges
Address
250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8
Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.
Executives
Harkey John D Jr director 305 MAIN STREET, REDWOOD CITY CA 94063
Bruce Tobey officer: General Counsel LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Harry Sloan director, other: Chairman of the Board 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Mignon L Clyburn director 12601 PLANTSIDE DRIVE, LOUISVILLE KY 40299
Berg Corii D. officer: General Counsel LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Yvette Ostolaza director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Daniel E. Sanchez director C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Susan Mccaw director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Rachesky Mark H Md director, 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Brian Goldsmith officer: Chief Operating Officer LIONS GATE ENTERTAINMENT CORP., 2700 COLORADO AVENUE, SANTA MONICA CA 90292
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Gordon Crawford director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Arthur Evrensel director C/O 2200-1055 WEST HASTINGS STREET, VANCOUVER A1 V6E 2E9
Jon Feltheimer director, officer: Chief Executive Officer 2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404

Lions Gate Entertainment (Lions Gate Entertainment) Headlines