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Groupon (Groupon) Cyclically Adjusted Book per Share : $11.63 (As of Dec. 2023)


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What is Groupon Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Groupon's adjusted book value per share for the three months ended in Dec. 2023 was $-1.276. 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 $11.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Groupon's average Cyclically Adjusted Book Growth Rate was -17.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Groupon was -2.40% per year. The lowest was -7.50% per year. And the median was -4.95% per year.

As of today (2024-04-27), Groupon's current stock price is $11.67. Groupon's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.63. Groupon's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Groupon was 4.27. The lowest was 0.24. And the median was 1.29.


Groupon Cyclically Adjusted Book per Share Historical Data

The historical data trend for Groupon's Cyclically Adjusted Book per Share 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.

Groupon Cyclically Adjusted Book per Share Chart

Groupon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.21 14.70 15.58 14.12 11.63

Groupon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 14.12 13.64 13.04 12.37 11.63

Competitive Comparison of Groupon's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Groupon'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.


Groupon's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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



Groupon Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Groupon's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.276/129.4194*129.4194
=-1.276

Current CPI (Dec. 2023) = 129.4194.

Groupon Quarterly Data

Book Value per Share CPI Adj_Book
201403 22.689 99.695 29.454
201406 20.546 100.560 26.443
201409 20.329 100.428 26.198
201412 21.196 99.070 27.689
201503 21.152 99.621 27.479
201506 22.363 100.684 28.745
201509 17.943 100.392 23.131
201512 14.740 99.792 19.116
201603 12.368 100.470 15.932
201606 11.874 101.688 15.112
201609 10.693 101.861 13.586
201612 9.363 101.863 11.896
201703 7.474 102.862 9.404
201706 6.645 103.349 8.321
201709 6.702 104.136 8.329
201712 8.964 104.011 11.154
201803 12.365 105.290 15.199
201806 9.532 106.317 11.603
201809 11.598 106.507 14.093
201812 13.399 105.998 16.360
201903 12.010 107.251 14.492
201906 10.776 108.070 12.905
201909 10.665 108.329 12.741
201912 13.925 108.420 16.622
202003 6.728 108.902 7.996
202006 4.108 108.767 4.888
202009 3.425 109.815 4.036
202012 3.732 109.897 4.395
202103 2.261 111.754 2.618
202106 1.883 114.631 2.126
202109 5.047 115.734 5.644
202112 7.063 117.630 7.771
202203 6.172 121.301 6.585
202206 4.039 125.017 4.181
202209 3.185 125.227 3.292
202212 0.278 125.222 0.287
202303 -0.804 127.348 -0.817
202306 -0.801 128.729 -0.805
202309 -1.553 129.860 -1.548
202312 -1.276 129.419 -1.276

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Groupon  (NAS:GRPN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Groupon's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.67/11.63
=1.00

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Groupon was 4.27. The lowest was 0.24. And the median was 1.29.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Groupon Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Groupon's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Groupon (Groupon) Business Description

Traded in Other Exchanges
Address
600 West Chicago Avenue, Suite 400, Chicago, IL, USA, 60654
Groupon acts as the middleman between consumers and merchants, offering a variety of products and services at discounts via its online store. It offers consumers daily deals from local merchants. It generates revenue from the take rate on the vouchers' purchase and/or usage. More than 60% of Groupon's revenue comes from North America.
Executives
Dusan Senkypl other: See Footnote 1 and Remarks JESTRABI 493, OSNICE, JESENICE 2N 252 42
Jason Harinstein director C/O ARK GLOBAL ACQUISITION CORP., 4235 HILLSBORO PIKE, SUITE 300, NASHVILLE TN 37215
Kyle Netzly officer: Interim CAO 600 W CHICAGO AVE, CHICAGO IL 60654
Jiri Ponrt officer: Chief Financial Officer 600 W CHICAGO AVE, CHICAGO IL 60654
Jan Barta other: See Footnote 1 NA BATERIICH 104/35, BREVNOV, PRAGUE 2N 16200
Pale Fire Capital Sicav A.s. 10 percent owner ZATECKA 55/14, JOSEFOV, PRAGUE 2N 110 00
Maple Rock Capital Partners Inc. 10 percent owner 21 ST. CLAIR AVENUE EAST, SUITE 1100, TORONTO A6 M4T 1L9
Xavier Majic 10 percent owner 21 ST. CLAIR AVENUE EAST, SUITE 1100, TORONTO A6 A6 M4T 1L9
Rpd Opportunity Fund Lp 10 percent owner 767 THIRD AVE, 35TH FLOOR, NEW YORK NY 10017
Rpd Fund Management Llc 10 percent owner 767 THIRD AVE, 35TH FLOOR, NEW YORK NY 10017
Ahmet H Okumus 10 percent owner C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Pale Fire Capital Se other: See Footnote 1 and Remarks ZATECKA 55/14, JOSEFOV, PRAGUE 2N 110 00
Kerrie Dvorak officer: Interim CAO 600 W. CHICAGO AVENUE, SUITE 400, CHICAGO IL 60654
Robert J Bass director C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654
Deborah Wahl director 600 WEST CHICAGO AVENUE, SUITE 400, CHICAGO IL 60654