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Mediaset Espana Comunicacion (XMAD:TL5) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Mediaset Espana Comunicacion Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mediaset Espana Comunicacion Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mediaset Espana Comunicacion'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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Mediaset Espana Comunicacion Cyclically Adjusted PB Ratio Chart

Mediaset Espana Comunicacion Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Mediaset Espana Comunicacion Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22
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Competitive Comparison of Mediaset Espana Comunicacion's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Mediaset Espana Comunicacion'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.


Mediaset Espana Comunicacion's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Mediaset Espana Comunicacion 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.

Mediaset Espana Comunicacion's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, Mediaset Espana Comunicacion's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book=Book Value per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=3.931/118.0442*118.0442
=3.931

Current CPI (Jun. 2022) = 118.0442.

Mediaset Espana Comunicacion Quarterly Data

Book Value per Share CPI Adj_Book
201209 3.525 100.254 4.150
201212 3.517 101.052 4.108
201303 3.548 100.284 4.176
201306 3.593 100.994 4.200
201309 3.586 100.597 4.208
201312 3.536 101.306 4.120
201403 3.573 100.139 4.212
201406 3.594 101.081 4.197
201409 3.102 100.441 3.646
201412 3.213 100.251 3.783
201503 3.256 99.474 3.864
201506 3.147 101.138 3.673
201509 3.105 99.559 3.682
201512 3.062 100.268 3.605
201603 2.945 98.638 3.524
201606 2.659 100.333 3.128
201609 2.780 99.737 3.290
201612 2.897 101.842 3.358
201703 3.083 100.896 3.607
201706 2.697 101.848 3.126
201709 2.589 101.524 3.010
201712 2.749 102.975 3.151
201803 2.908 102.122 3.361
201806 2.526 104.165 2.863
201809 2.593 103.818 2.948
201812 2.763 104.193 3.130
201903 2.850 103.488 3.251
201906 2.655 104.612 2.996
201909 2.764 103.905 3.140
201912 2.913 105.015 3.274
202003 2.992 103.469 3.413
202006 3.133 104.254 3.547
202009 3.222 103.521 3.674
202012 3.543 104.456 4.004
202103 3.903 104.857 4.394
202106 0.000 107.102 0.000
202109 3.988 107.669 4.372
202112 4.065 111.298 4.311
202203 3.936 115.153 4.035
202206 3.931 118.044 3.931

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.


Mediaset Espana Comunicacion  (XMAD:TL5) 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.


Mediaset Espana Comunicacion Cyclically Adjusted PB Ratio Related Terms

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Mediaset Espana Comunicacion (XMAD:TL5) Business Description

Traded in Other Exchanges
N/A
Address
Carretera de Fuencarral a Alcobendas, no. 4, Madrid, ESP, 28049
Mediaset Espana Comunicacion SA is a broadcasting television company. The firm's operations include television networks and media production. Mediaset Espana provides a suite of channels that consist of both free TV as well as pay TV. The company also provides Internet video operations. Mediaset produces a number of television programs that are broadcast on its networks and exported abroad. Mediaset Espana generates the vast majority of its revenue in Spain from both advertising revenue and pay subscriptions.

Mediaset Espana Comunicacion (XMAD:TL5) Headlines

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