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MFE-MediaForEurope (MIL:MFEB) Cyclically Adjusted PB Ratio : 0.41 (As of May. 30, 2024)


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What is MFE-MediaForEurope Cyclically Adjusted PB Ratio?

As of today (2024-05-30), MFE-MediaForEurope's current share price is €4.106. MFE-MediaForEurope's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.09. MFE-MediaForEurope's Cyclically Adjusted PB Ratio for today is 0.41.

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

MIL:MFEB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.16   Max: 1.96
Current: 0.4

During the past years, MFE-MediaForEurope's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.21. And the median was 1.16.

MIL:MFEB's Cyclically Adjusted PB Ratio is ranked better than
81.28% of 673 companies
in the Media - Diversified industry
Industry Median: 1.11 vs MIL:MFEB: 0.40

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.

MFE-MediaForEurope's adjusted book value per share data for the three months ended in Mar. 2024 was €5.156. 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 €10.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MFE-MediaForEurope Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MFE-MediaForEurope'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.

MFE-MediaForEurope Cyclically Adjusted PB Ratio Chart

MFE-MediaForEurope 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 1.28 1.01 0.60 0.26 0.32

MFE-MediaForEurope 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 0.30 0.33 0.29 0.32 0.32

Competitive Comparison of MFE-MediaForEurope's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, MFE-MediaForEurope'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.


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

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

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



MFE-MediaForEurope 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.

MFE-MediaForEurope's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.106/10.09
=0.41

* 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.

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

For example, MFE-MediaForEurope'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)
=5.156/120.2000*120.2000
=5.156

Current CPI (Mar. 2024) = 120.2000.

MFE-MediaForEurope Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.276 99.907 11.160
201406 10.323 100.093 12.397
201409 9.886 99.814 11.905
201412 10.220 99.721 12.319
201503 10.615 99.814 12.783
201506 10.400 100.279 12.466
201509 9.974 100.000 11.989
201512 10.092 99.814 12.153
201603 9.735 99.600 11.748
201606 9.637 99.900 11.595
201612 8.569 100.300 10.269
201703 8.585 101.000 10.217
201706 8.581 101.100 10.202
201709 0.000 101.200 0.000
201712 8.433 101.200 10.016
201803 8.437 101.800 9.962
201806 8.698 102.400 10.210
201809 0.000 102.600 0.000
201812 10.594 102.300 12.448
201903 10.741 102.800 12.559
201906 10.891 103.100 12.697
201909 10.775 102.900 12.587
201912 10.888 102.800 12.731
202003 10.738 102.900 12.543
202006 10.718 102.900 12.520
202009 10.955 102.300 12.872
202012 11.711 102.600 13.720
202103 12.220 103.700 14.164
202106 11.333 104.200 13.073
202109 5.733 104.900 6.569
202112 5.833 106.600 6.577
202203 5.648 110.400 6.149
202206 4.597 112.500 4.912
202209 4.710 114.200 4.957
202212 5.170 119.000 5.222
202303 5.287 118.800 5.349
202306 4.956 119.700 4.977
202309 4.926 120.300 4.922
202312 5.121 119.700 5.142
202403 5.156 120.200 5.156

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.


MFE-MediaForEurope  (MIL:MFEB) 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.


MFE-MediaForEurope Cyclically Adjusted PB Ratio Related Terms

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


MFE-MediaForEurope (MIL:MFEB) Business Description

Address
Viale Europa 46, Cologno Monzese, Milan, ITA, 20093
MFE-MediaForEurope, formerly Mediaset SpA is a broadcasting television mass media company that focuses on broadcast and production. The company generates the vast majority of its revenue in Italy but also broadcasts to several neighboring European countries. Mediaset operates a suite of free and pay-based television channels. These channels have a range of programs, including dramas, sports, children's content, and documentaries. In addition to its traditional television interests, Mediaset controls Medusa Film, a film production company, as well as numerous websites.

MFE-MediaForEurope (MIL:MFEB) Headlines

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