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Emerald Holding (STU:EM7) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 02, 2024)


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What is Emerald Holding Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Emerald Holding's current share price is €5.30. Emerald Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €4.97. Emerald Holding's Cyclically Adjusted PB Ratio for today is 1.07.

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

STU:EM7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.11   Max: 1.22
Current: 1.03

During the past 10 years, Emerald Holding's highest Cyclically Adjusted PB Ratio was 1.22. The lowest was 1.03. And the median was 1.11.

STU:EM7's Cyclically Adjusted PB Ratio is ranked better than
53.38% of 680 companies
in the Media - Diversified industry
Industry Median: 1.12 vs STU:EM7: 1.03

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.

Emerald Holding's adjusted book value per share data of for the fiscal year that ended in Dec23 was €-1.348. 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 €4.97 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emerald Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Emerald Holding'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.

Emerald Holding Cyclically Adjusted PB Ratio Chart

Emerald Holding 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 - - - - 1.08

Emerald Holding 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 - - - 1.08 -

Competitive Comparison of Emerald Holding's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Emerald Holding'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.


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

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

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



Emerald Holding 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.

Emerald Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.30/4.97
=1.07

* 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.

Emerald Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Emerald Holding's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-1.348/129.4194*129.4194
=-1.348

Current CPI (Dec23) = 129.4194.

Emerald Holding Annual Data

Book Value per Share CPI Adj_Book
201412 0.000 99.070 0.000
201512 6.266 99.792 8.126
201612 6.929 101.863 8.803
201712 8.859 104.011 11.023
201812 8.697 105.998 10.619
201912 8.075 108.420 9.639
202012 -0.043 109.897 -0.051
202112 -1.529 117.630 -1.682
202212 -0.462 125.222 -0.477
202312 -1.348 129.419 -1.348

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.


Emerald Holding  (STU:EM7) 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.


Emerald Holding Cyclically Adjusted PB Ratio Related Terms

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


Emerald Holding (STU:EM7) Business Description

Traded in Other Exchanges
Address
100 Broadway, 14th Floor, New York, NY, USA, 10005
Emerald Holding Inc is an operator of B2B trade shows in the United States by NSF. It operates trade shows, which serve a large and broad set of global exhibitors and attendees, across multiple attractive, fragmented sectors that represent significant portions of the U.S. economy. The company operates trade shows in several broadly-defined industry sectors namely, Gift, Home and General Merchandise, Sports Design and Construction, Technology, Jewelry, Other Trade Shows, Other Events, and Other Marketing Services amongst other. It operates in three segments: Commerce; Design, Creative, and Technology; and All others.

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