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Lumen Technologies (Lumen Technologies) Cyclically Adjusted PB Ratio : 0.06 (As of Apr. 27, 2024)


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What is Lumen Technologies Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Lumen Technologies's current share price is $1.21. Lumen Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $21.40. Lumen Technologies's Cyclically Adjusted PB Ratio for today is 0.06.

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

LUMN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.54   Max: 1.24
Current: 0.06

During the past years, Lumen Technologies's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.05. And the median was 0.54.

LUMN's Cyclically Adjusted PB Ratio is ranked better than
98.55% of 275 companies
in the Telecommunication Services industry
Industry Median: 1.43 vs LUMN: 0.06

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.

Lumen Technologies's adjusted book value per share data for the three months ended in Dec. 2023 was $0.413. 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 $21.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lumen Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lumen Technologies'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.

Lumen Technologies Cyclically Adjusted PB Ratio Chart

Lumen Technologies 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 0.46 0.37 0.49 0.22 0.09

Lumen Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.22 0.11 0.10 0.06 0.09

Competitive Comparison of Lumen Technologies's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Lumen Technologies'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.


Lumen Technologies's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Lumen Technologies 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.

Lumen Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.21/21.4
=0.06

* 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.

Lumen Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lumen Technologies'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)
=0.413/129.4194*129.4194
=0.413

Current CPI (Dec. 2023) = 129.4194.

Lumen Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 29.208 99.695 37.917
201406 29.051 100.560 37.388
201409 28.817 100.428 37.136
201412 26.425 99.070 34.520
201503 26.108 99.621 33.917
201506 25.909 100.684 33.304
201509 25.718 100.392 33.154
201512 25.855 99.792 33.531
201603 25.699 100.470 33.104
201606 25.617 101.688 32.603
201609 25.411 101.861 32.286
201612 24.516 101.863 31.148
201703 24.244 102.862 30.503
201706 23.804 103.349 29.809
201709 23.578 104.136 29.303
201712 21.971 104.011 27.338
201803 21.734 105.290 26.715
201806 21.312 106.317 25.943
201809 21.103 106.507 25.643
201812 18.356 105.998 22.412
201903 12.420 107.251 14.987
201906 12.560 108.070 15.041
201909 12.541 108.329 14.983
201912 12.357 108.420 14.750
202003 12.108 108.902 14.389
202006 12.270 108.767 14.600
202009 12.476 109.815 14.703
202012 10.176 109.897 11.984
202103 10.224 111.754 11.840
202106 10.592 114.631 11.958
202109 10.846 115.734 12.128
202112 11.568 117.630 12.727
202203 11.891 121.301 12.687
202206 11.835 125.017 12.252
202209 12.155 125.227 12.562
202212 10.356 125.222 10.703
202303 10.942 127.348 11.120
202306 2.266 128.729 2.278
202309 2.199 129.860 2.192
202312 0.413 129.419 0.413

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.


Lumen Technologies  (NYSE:LUMN) 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.


Lumen Technologies Cyclically Adjusted PB Ratio Related Terms

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


Lumen Technologies (Lumen Technologies) Business Description

Address
100 CenturyLink Drive, Monroe, LA, USA, 71203
With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now nearly 80% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.
Executives
James Fowler director 100 CENTURYLINK DRIVE, MONROE LA 71203
Christopher Stansbury officer: EVP and CFO C/O ARROW ELECTRONICS, INC, 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Kathleen E Johnson director, officer: President & CEO 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Quincy L Allen director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Ashley Haynes-gaspar officer: EVP and Customer Exp Officer 100 CENTURYLINK DRIVE, MONROE LA 71203
Kevin P. Chilton director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Laurie Siegel director C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Peter C Brown director 909 WALNUT STE 200, KANSAS CITY MO 64106
Scott Trezise officer: EVP, Human Resources 100 CENTURYLINK DRIVE, MONROE LA 71203
Shaun C Andrews officer: Exec VP & Chief Mktg Officer 100 CENTURYLINK DRIVE, MONROE LA 71203
Sham Chotai officer: EVP, Product and IT 10201 TORRE AVENUE, SUITE 350, CUPERTINO CA 95014
Michael James Roberts director ONE MCDONALD'S PLAZA, OAK BROOK IL 60523
Steven T Clontz director 781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Hal Jones director 1150 15TH STREET, NW, WASHINGTON DC 20071

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