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United Internet AG (XTER:UTDI) Cyclically Adjusted PB Ratio : 1.06 (As of Jun. 01, 2024)


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What is United Internet AG Cyclically Adjusted PB Ratio?

As of today (2024-06-01), United Internet AG's current share price is €21.82. United Internet AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.65. United Internet AG's Cyclically Adjusted PB Ratio for today is 1.06.

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

XTER:UTDI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 3.32   Max: 16.81
Current: 1.07

During the past years, United Internet AG's highest Cyclically Adjusted PB Ratio was 16.81. The lowest was 0.68. And the median was 3.32.

XTER:UTDI's Cyclically Adjusted PB Ratio is ranked better than
61.94% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.5 vs XTER:UTDI: 1.07

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.

United Internet AG's adjusted book value per share data for the three months ended in Mar. 2024 was €28.707. 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 €20.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Internet AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for United Internet AG'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.

United Internet AG Cyclically Adjusted PB Ratio Chart

United Internet AG 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 3.61 3.35 2.68 1.14 1.16

United Internet AG 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 0.90 0.70 1.06 1.16 1.01

Competitive Comparison of United Internet AG's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, United Internet AG'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.


United Internet AG's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, United Internet AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



United Internet AG 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.

United Internet AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.82/20.65
=1.06

* 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.

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

For example, United Internet AG'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)
=28.707/125.0381*125.0381
=28.707

Current CPI (Mar. 2024) = 125.0381.

United Internet AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.808 99.543 2.271
201409 4.104 99.823 5.141
201412 5.909 99.543 7.422
201503 6.036 99.717 7.569
201506 5.448 100.417 6.784
201509 5.158 100.417 6.423
201512 5.631 99.717 7.061
201603 5.842 100.017 7.304
201606 5.129 100.717 6.368
201609 5.337 101.017 6.606
201612 5.939 101.217 7.337
201703 9.131 101.417 11.258
201706 11.258 102.117 13.785
201709 19.724 102.717 24.010
201712 19.959 102.617 24.320
201803 22.265 102.917 27.051
201806 22.061 104.017 26.519
201809 21.398 104.718 25.550
201812 21.459 104.217 25.746
201903 21.886 104.217 26.258
201906 22.616 105.718 26.749
201909 22.941 106.018 27.057
201912 22.967 105.818 27.139
202003 23.350 105.718 27.617
202006 23.522 106.618 27.586
202009 23.775 105.818 28.093
202012 24.136 105.518 28.601
202103 24.862 107.518 28.913
202106 23.057 108.486 26.575
202109 23.405 109.435 26.742
202112 23.926 110.384 27.102
202203 24.485 113.968 26.863
202206 24.526 115.760 26.492
202209 25.130 118.818 26.446
202212 25.440 119.345 26.654
202303 27.944 122.402 28.546
202306 27.794 123.140 28.222
202309 28.186 124.195 28.377
202312 28.342 123.773 28.632
202403 28.707 125.038 28.707

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.


United Internet AG  (XTER:UTDI) 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.


United Internet AG Cyclically Adjusted PB Ratio Related Terms

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


United Internet AG (XTER:UTDI) Business Description

Traded in Other Exchanges
Address
Elgendorfer Strasse 57, Montabaur, RP, DEU, 56410
United Internet AG is a telecommunications provider that operates through two segments: access and applications. The access segment earns revenue by providing broadband and mobile services to homes, individuals, and small to midsize enterprises. The applications segment generates revenue from marketing services, managed services, and personal information management. The customer segment is the same as the access segment. The company owns fiber and data center infrastructure. United Internet generates the vast majority of its revenue in Germany.
Executives
Prof. Dr. Andreas Söffing Supervisory Board
Stefan Rasch Supervisory Board
Ralph Dommermuth Board of Directors

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