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Marchex (Marchex) Cyclically Adjusted PB Ratio : 0.51 (As of May. 23, 2024)


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What is Marchex Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Marchex's current share price is $1.39. Marchex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.75. Marchex's Cyclically Adjusted PB Ratio for today is 0.51.

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

MCHX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.7   Max: 2.25
Current: 0.5

During the past years, Marchex's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.35. And the median was 0.70.

MCHX's Cyclically Adjusted PB Ratio is ranked better than
77.49% of 662 companies
in the Media - Diversified industry
Industry Median: 1.115 vs MCHX: 0.50

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.

Marchex's adjusted book value per share data for the three months ended in Mar. 2024 was $0.798. 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 $2.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marchex Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marchex'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.

Marchex Cyclically Adjusted PB Ratio Chart

Marchex 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 1.03 0.58 0.76 0.53 0.49

Marchex 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 0.60 0.72 0.50 0.49 0.50

Competitive Comparison of Marchex's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Marchex'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.


Marchex's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Marchex 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.

Marchex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.39/2.75
=0.51

* 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.

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

For example, Marchex'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)
=0.798/131.7762*131.7762
=0.798

Current CPI (Mar. 2024) = 131.7762.

Marchex Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.124 100.560 5.404
201409 3.656 100.428 4.797
201412 3.714 99.070 4.940
201503 3.852 99.621 5.095
201506 4.353 100.684 5.697
201509 4.392 100.392 5.765
201512 4.469 99.792 5.901
201603 4.428 100.470 5.808
201606 2.778 101.688 3.600
201609 2.693 101.861 3.484
201612 2.631 101.863 3.404
201703 2.572 102.862 3.295
201706 2.557 103.349 3.260
201709 2.546 104.136 3.222
201712 2.055 104.011 2.604
201803 2.059 105.290 2.577
201806 2.026 106.317 2.511
201809 2.029 106.507 2.510
201812 2.261 105.998 2.811
201903 2.246 107.251 2.760
201906 2.226 108.070 2.714
201909 2.214 108.329 2.693
201912 2.255 108.420 2.741
202003 1.711 108.902 2.070
202006 1.663 108.767 2.015
202009 1.563 109.815 1.876
202012 1.281 109.897 1.536
202103 1.164 111.754 1.373
202106 1.172 114.631 1.347
202109 1.268 115.734 1.444
202112 1.225 117.630 1.372
202203 1.197 121.301 1.300
202206 1.177 125.017 1.241
202209 1.153 125.227 1.213
202212 1.022 125.222 1.075
202303 0.935 127.348 0.968
202306 0.886 128.729 0.907
202309 0.858 129.860 0.871
202312 0.828 129.419 0.843
202403 0.798 131.776 0.798

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.


Marchex  (NAS:MCHX) 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.


Marchex Cyclically Adjusted PB Ratio Related Terms

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


Marchex (Marchex) Business Description

Traded in Other Exchanges
N/A
Address
520 Pike Street, Suite 2000, Seattle, WA, USA, 98101
Marchex Inc is a conversational analytics and solutions company that helps businesses connect, drive, measure, convert callers into customers, and connect the voice of the customer to their business. It delivers data insights and incorporates artificial intelligence (AI)-powered functionality that drives insights and solutions to help companies find, engage, and support their customers across voice and text-based communication channels. The group enables sales and marketing teams to deliver the buying experiences that today's customers expect. The company generates the majority of its revenues from core analytics and solutions services. Company operates in United States, Canada and other countries.
Executives
Edenbrook Long Only Value Fund, Lp 10 percent owner EDENBROOK CAPITAL, LLC, 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Holly A Aglio officer: CFO C/O MARCHEX, INC., 1200 5TH AVE SUITE 1300, SEATTLE WA 98101
Troy Hartless officer: Chief Revenue Officer 20357 RIVER BANK STREET, STARLING VA 20165
Edwin A Miller officer: Chief Executive Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Michael A Arends officer: Chief Financial Officer NONE, SEATTLE WA 98101
Leila Kirske officer: Chief Financial Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
John Roswech officer: Chief Revenue Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Ryan Polley officer: Chief Product/Strategy Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Don Cogsville director C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Prescott Group Capital Management, L.l.c. 10 percent owner 1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Ethan A Caldwell officer: General Counsel & CAO 413 PINE STREET, SEATTLE WA 98101
Phil Frohlich 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Ziad Ismail officer: Chief Product Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101