GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The E W Scripps Co (NAS:SSP) » Definitions » Cyclically Adjusted Book per Share

The E W Scripps Co (The E W Scripps Co) Cyclically Adjusted Book per Share : $14.81 (As of Dec. 2023)


View and export this data going back to 1988. Start your Free Trial

What is The E W Scripps Co 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.

The E W Scripps Co's adjusted book value per share for the three months ended in Dec. 2023 was $8.748. 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 $14.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The E W Scripps Co's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -6.60% 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 The E W Scripps Co was 9.40% per year. The lowest was -20.00% per year. And the median was 3.55% per year.

As of today (2024-04-27), The E W Scripps Co's current stock price is $3.70. The E W Scripps Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.81. The E W Scripps Co's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The E W Scripps Co was 2.15. The lowest was 0.22. And the median was 1.01.


The E W Scripps Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for The E W Scripps Co'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.

The E W Scripps Co Cyclically Adjusted Book per Share Chart

The E W Scripps Co 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 11.07 11.31 12.66 14.24 14.81

The E W Scripps Co 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 14.24 14.68 14.83 14.96 14.81

Competitive Comparison of The E W Scripps Co's Cyclically Adjusted Book per Share

For the Broadcasting subindustry, The E W Scripps Co'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.


The E W Scripps Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The E W Scripps Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The E W Scripps Co's Cyclically Adjusted PB Ratio falls into.



The E W Scripps Co 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, The E W Scripps Co'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)
=8.748/129.4194*129.4194
=8.748

Current CPI (Dec. 2023) = 129.4194.

The E W Scripps Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.522 99.695 12.361
201406 9.460 100.560 12.175
201409 9.451 100.428 12.179
201412 9.093 99.070 11.879
201503 8.915 99.621 11.582
201506 10.978 100.684 14.111
201509 10.641 100.392 13.718
201512 10.749 99.792 13.940
201603 10.929 100.470 14.078
201606 11.066 101.688 14.084
201609 11.176 101.861 14.200
201612 11.539 101.863 14.661
201703 11.504 102.862 14.474
201706 11.626 103.349 14.559
201709 11.317 104.136 14.065
201712 11.477 104.011 14.281
201803 11.075 105.290 13.613
201806 11.126 106.317 13.544
201809 11.226 106.507 13.641
201812 11.481 105.998 14.018
201903 11.356 107.251 13.703
201906 11.334 108.070 13.573
201909 11.044 108.329 13.194
201912 11.091 108.420 13.239
202003 10.878 108.902 12.928
202006 10.594 108.767 12.606
202009 11.312 109.815 13.331
202012 14.233 109.897 16.761
202103 14.110 111.754 16.340
202106 17.485 114.631 19.741
202109 18.099 115.734 20.239
202112 18.897 117.630 20.791
202203 18.892 121.301 20.156
202206 19.283 125.017 19.962
202209 19.733 125.227 20.394
202212 20.562 125.222 21.251
202303 20.009 127.348 20.334
202306 12.012 128.729 12.076
202309 11.849 129.860 11.809
202312 8.748 129.419 8.748

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


The E W Scripps Co  (NAS:SSP) 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.

The E W Scripps Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.70/14.81
=0.25

* 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 The E W Scripps Co was 2.15. The lowest was 0.22. And the median was 1.01.


Be Aware

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


The E W Scripps Co Cyclically Adjusted Book per Share Related Terms

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


The E W Scripps Co (The E W Scripps Co) Business Description

Traded in Other Exchanges
Address
312 Walnut Street, Suite 2800, Scripps Center, Cincinnati, OH, USA, 45202
The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers, primarily in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes approximately 61 local broadcast stations and their related digital operations.
Executives
John Patrick Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Elizabeth Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Kate O'brian officer: EVP, News 312 WALNUT STREET, 28H FLOOR, CINCINNATI OH 45202
Lisa A Knutson officer: Senior VP of Human Resources 312 WALNUT STREET, 28TH FLOOR, CINCINNATI OH 45202
Granado Corina S. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Geraldine Scripps Granado 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Granado Raymundo H. Jr. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Anthony S. Granado 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Ellen B. Granado 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Manuel E. Granado 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Eli W Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
William A. Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Gerald J. Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Sanchez Mary Ann S. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Monica Holcomb 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017