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Paramount Global (BSP:C1BS34) Cyclically Adjusted Book per Share : R$115.02 (As of Mar. 2024)


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What is Paramount Global 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.

Paramount Global's adjusted book value per share for the three months ended in Mar. 2024 was R$166.530. 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 R$115.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Paramount Global's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.90% 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 Paramount Global was 13.50% per year. The lowest was -19.50% per year. And the median was -5.10% per year.

As of today (2024-06-08), Paramount Global's current stock price is R$63.78. Paramount Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$115.02. Paramount Global's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Paramount Global was 6.39. The lowest was 0.48. And the median was 2.33.


Paramount Global Cyclically Adjusted Book per Share Historical Data

The historical data trend for Paramount Global'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.

Paramount Global Cyclically Adjusted Book per Share Chart

Paramount Global 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 - 73.21 102.65 107.31 110.24

Paramount Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 105.61 103.74 111.15 110.24 115.02

Competitive Comparison of Paramount Global's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Paramount Global'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.


Paramount Global's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Paramount Global 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, Paramount Global'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)
=166.53/131.7762*131.7762
=166.530

Current CPI (Mar. 2024) = 131.7762.

Paramount Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 35.309 100.560 46.270
201409 33.837 100.428 44.399
201412 36.320 99.070 48.311
201503 40.597 99.621 53.701
201506 38.337 100.684 50.176
201509 48.411 100.392 63.545
201512 46.628 99.792 61.572
201603 44.661 100.470 58.577
201606 41.357 101.688 53.594
201609 39.813 101.861 51.506
201612 30.031 101.863 38.850
201703 22.169 102.862 28.401
201706 21.481 103.349 27.390
201709 23.447 104.136 29.671
201712 17.017 104.011 21.560
201803 17.066 105.290 21.359
201806 21.676 106.317 26.867
201809 27.555 106.507 34.093
201812 108.787 105.998 135.244
201903 44.661 107.251 54.874
201906 48.870 108.070 59.590
201909 55.527 108.329 67.545
201912 88.106 108.420 107.086
202003 106.853 108.902 129.297
202006 116.857 108.767 141.577
202009 127.601 109.815 153.119
202012 128.171 109.897 153.689
202103 167.230 111.754 197.191
202106 156.444 114.631 179.842
202109 168.081 115.734 191.379
202112 195.495 117.630 219.006
202203 173.783 121.301 188.790
202206 177.224 125.017 186.806
202209 182.977 125.227 192.547
202212 185.981 125.222 195.716
202303 174.828 127.348 180.907
202306 161.454 128.729 165.276
202309 165.613 129.860 168.057
202312 169.101 129.419 172.180
202403 166.530 131.776 166.530

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


Paramount Global  (BSP:C1BS34) 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.

Paramount Global's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=63.78/115.02
=0.55

* 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 Paramount Global was 6.39. The lowest was 0.48. And the median was 2.33.


Be Aware

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


Paramount Global Cyclically Adjusted Book per Share Related Terms

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


Paramount Global (BSP:C1BS34) Business Description

Address
1515 Broadway, New York, NY, USA, 10036
Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.

Paramount Global (BSP:C1BS34) Headlines

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