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Take-Two Interactive Software (FRA:TKE) Cyclically Adjusted Book per Share : €23.54 (As of Mar. 2024)


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What is Take-Two Interactive Software 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.

Take-Two Interactive Software's adjusted book value per share for the three months ended in Mar. 2024 was €30.530. 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 €23.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Take-Two Interactive Software's average Cyclically Adjusted Book Growth Rate was 20.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 27.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 24.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.00% 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 Take-Two Interactive Software was 27.70% per year. The lowest was -3.80% per year. And the median was 6.80% per year.

As of today (2024-06-02), Take-Two Interactive Software's current stock price is €146.86. Take-Two Interactive Software's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.54. Take-Two Interactive Software's Cyclically Adjusted PB Ratio of today is 6.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Take-Two Interactive Software was 17.78. The lowest was 1.78. And the median was 7.11.


Take-Two Interactive Software Cyclically Adjusted Book per Share Historical Data

The historical data trend for Take-Two Interactive Software'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.

Take-Two Interactive Software Cyclically Adjusted Book per Share Chart

Take-Two Interactive Software Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.53 10.79 14.66 19.99 23.54

Take-Two Interactive Software 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 19.99 21.24 23.25 23.18 23.54

Competitive Comparison of Take-Two Interactive Software's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Take-Two Interactive Software'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.


Take-Two Interactive Software's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

* The bar in red indicates where Take-Two Interactive Software's Cyclically Adjusted PB Ratio falls into.



Take-Two Interactive Software 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, Take-Two Interactive Software'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)
=30.53/131.7762*131.7762
=30.530

Current CPI (Mar. 2024) = 131.7762.

Take-Two Interactive Software Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.517 100.560 8.540
201409 6.625 100.428 8.693
201412 7.484 99.070 9.955
201503 5.889 99.621 7.790
201506 5.314 100.684 6.955
201509 5.779 100.392 7.586
201512 5.549 99.792 7.327
201603 6.031 100.470 7.910
201606 5.433 101.688 7.041
201609 5.943 101.861 7.688
201612 7.809 101.863 10.102
201703 9.145 102.862 11.716
201706 9.248 103.349 11.792
201709 10.881 104.136 13.769
201712 10.354 104.011 13.118
201803 10.589 105.290 13.253
201806 13.968 106.317 17.313
201809 14.643 106.507 18.117
201812 15.758 105.998 19.590
201903 16.098 107.251 19.779
201906 16.325 108.070 19.906
201909 17.501 108.329 21.289
201912 19.072 108.420 23.181
202003 20.246 108.902 24.499
202006 20.602 108.767 24.960
202009 21.432 109.815 25.718
202012 22.537 109.897 27.024
202103 24.303 111.754 28.657
202106 25.800 114.631 29.659
202109 25.599 115.734 29.147
202112 28.130 117.630 31.513
202203 29.984 121.301 32.573
202206 54.997 125.017 57.971
202209 56.883 125.227 59.858
202212 53.505 125.222 56.306
202303 50.004 127.348 51.743
202306 48.597 128.729 49.747
202309 46.465 129.860 47.151
202312 45.762 129.419 46.595
202403 30.530 131.776 30.530

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


Take-Two Interactive Software  (FRA:TKE) 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.

Take-Two Interactive Software's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=146.86/23.54
=6.24

* 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 Take-Two Interactive Software was 17.78. The lowest was 1.78. And the median was 7.11.


Be Aware

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


Take-Two Interactive Software Cyclically Adjusted Book per Share Related Terms

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


Take-Two Interactive Software (FRA:TKE) Business Description

Traded in Other Exchanges
Address
110 West 44th Street, New York, NY, USA, 10036
Found in 1993, Take-Two consists of three wholly owned labels, Rockstar Games, 2K, and Zynga. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom." Zynga mobile titles include "Farmville," "Empires & Puzzles," and "CSR Racing.".

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