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Omnicom Group (Omnicom Group) Cyclically Adjusted Book per Share : $14.85 (As of Mar. 2024)


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What is Omnicom Group 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.

Omnicom Group's adjusted book value per share for the three months ended in Mar. 2024 was $18.205. 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 $14.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Omnicom Group's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.90% 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 Omnicom Group was 21.10% per year. The lowest was -0.80% per year. And the median was 8.10% per year.

As of today (2024-05-18), Omnicom Group's current stock price is $96.13. Omnicom Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.85. Omnicom Group's Cyclically Adjusted PB Ratio of today is 6.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Omnicom Group was 6.81. The lowest was 3.76. And the median was 5.71.


Omnicom Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Omnicom Group'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.

Omnicom Group Cyclically Adjusted Book per Share Chart

Omnicom Group 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 12.69 12.55 13.46 14.13 14.60

Omnicom Group 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 14.37 14.54 14.65 14.60 14.85

Competitive Comparison of Omnicom Group's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, Omnicom Group'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.


Omnicom Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Omnicom Group 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, Omnicom Group'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)
=18.205/131.7762*131.7762
=18.205

Current CPI (Mar. 2024) = 131.7762.

Omnicom Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.762 100.560 18.034
201409 12.242 100.428 16.063
201412 11.552 99.070 15.366
201503 9.709 99.621 12.843
201506 10.895 100.684 14.259
201509 10.229 100.392 13.427
201512 10.231 99.792 13.510
201603 9.939 100.470 13.036
201606 9.647 101.688 12.501
201609 9.852 101.861 12.745
201612 9.212 101.863 11.917
201703 9.160 102.862 11.735
201706 9.777 103.349 12.466
201709 10.942 104.136 13.846
201712 11.365 104.011 14.399
201803 11.555 105.290 14.462
201806 10.346 106.317 12.824
201809 10.628 106.507 13.150
201812 11.376 105.998 14.143
201903 10.960 107.251 13.466
201906 10.946 108.070 13.347
201909 11.190 108.329 13.612
201912 13.146 108.420 15.978
202003 11.274 108.902 13.642
202006 11.115 108.767 13.466
202009 12.155 109.815 14.586
202012 14.346 109.897 17.202
202103 14.932 111.754 17.607
202106 15.572 114.631 17.901
202109 15.431 115.734 17.570
202112 15.639 117.630 17.520
202203 14.581 121.301 15.840
202206 13.831 125.017 14.579
202209 13.470 125.227 14.175
202212 16.044 125.222 16.884
202303 15.637 127.348 16.181
202306 16.028 128.729 16.407
202309 16.433 129.860 16.676
202312 18.264 129.419 18.597
202403 18.205 131.776 18.205

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


Omnicom Group  (NYSE:OMC) 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.

Omnicom Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96.13/14.85
=6.47

* 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 Omnicom Group was 6.81. The lowest was 3.76. And the median was 5.71.


Be Aware

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


Omnicom Group Cyclically Adjusted Book per Share Related Terms

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


Omnicom Group (Omnicom Group) Business Description

Traded in Other Exchanges
Address
280 Park Avenue, New York, NY, USA, 10017
Omnicom is the world's second-largest ad holding company, based on annual revenue. The firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 80% of its revenue coming from more developed regions such as North America and Europe.
Executives
Linda Johnson Rice director
Andrew Castellaneta officer: SVP, Chief Accounting Officer C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Mark D Gerstein director C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Rochelle M. Tarlowe officer: Senior VP and Treasurer C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Jonathan B. Nelson officer: CEO, Omnicom Digital C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
John Wren director, officer: President and CEO
Louis F Januzzi officer: Senior VP, Gen. Counsel & Sec. C/O OMNICOMGROUP, 280 PARK AVENUE, NEW YORK NY 10017
Michael J Obrien officer: Senior VP, Gen. Counsel & Sec. C/O OMNICOM GROUP INC, 437 MADISON AVE, NEW YORK NY 10022
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Coleman Leonard S Jr director C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, REDWOOD CITY, CA 94065
Dennis E. Hewitt officer: Treasurer 437 MADISON AVENUE, NEW YORK NY 10022
Ronnie S. Hawkins director C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Peter K. Sherman officer: Executive Vice President C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Gracia C Martore director C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Bruce Crawford director, officer: Chairman

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