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Network Media Group (TSXV:NTE) Cyclically Adjusted Book per Share : C$0.35 (As of Feb. 2024)


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What is Network Media 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.

Network Media Group's adjusted book value per share for the three months ended in Feb. 2024 was C$0.561. 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 C$0.35 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Network Media Group's average Cyclically Adjusted Book Growth Rate was 25.00% 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.

As of today (2024-06-01), Network Media Group's current stock price is C$0.35. Network Media Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.35. Network Media Group's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Network Media Group was 10.75. The lowest was 0.45. And the median was 1.40.


Network Media Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Network Media 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.

Network Media Group Cyclically Adjusted Book per Share Chart

Network Media Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.21 0.27 0.33

Network Media Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.28 0.30 0.32 0.33 0.35

Competitive Comparison of Network Media Group's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Network Media 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.


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

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

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



Network Media 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, Network Media Group's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.561/125.4675*125.4675
=0.561

Current CPI (Feb. 2024) = 125.4675.

Network Media Group Quarterly Data

Book Value per Share CPI Adj_Book
201405 -0.035 99.394 -0.044
201408 -0.017 99.315 -0.021
201411 -0.010 99.078 -0.013
201502 0.001 99.078 0.001
201505 -0.012 100.263 -0.015
201508 -0.016 100.579 -0.020
201511 0.032 100.421 0.040
201602 0.086 100.421 0.107
201605 0.123 101.765 0.152
201608 0.131 101.686 0.162
201611 0.084 101.607 0.104
201702 0.090 102.476 0.110
201705 0.128 103.108 0.156
201708 0.102 103.108 0.124
201711 0.218 103.740 0.264
201802 0.212 104.688 0.254
201805 0.239 105.399 0.285
201808 0.255 106.031 0.302
201811 0.230 105.478 0.274
201902 0.196 106.268 0.231
201905 0.316 107.927 0.367
201908 0.296 108.085 0.344
201911 0.500 107.769 0.582
202002 0.526 108.559 0.608
202005 0.577 107.532 0.673
202008 0.589 108.243 0.683
202011 0.623 108.796 0.718
202102 0.593 109.745 0.678
202105 0.557 111.404 0.627
202108 0.523 112.668 0.582
202111 0.530 113.932 0.584
202202 0.494 115.986 0.534
202205 0.437 120.016 0.457
202208 0.576 120.569 0.599
202211 0.594 121.675 0.613
202302 0.557 122.070 0.573
202305 0.524 124.045 0.530
202308 0.574 125.389 0.574
202311 0.593 125.468 0.593
202402 0.561 125.468 0.561

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


Network Media Group  (TSXV:NTE) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.35/0.35
=1.00

* 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 Network Media Group was 10.75. The lowest was 0.45. And the median was 1.40.


Be Aware

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


Network Media Group Cyclically Adjusted Book per Share Related Terms

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


Network Media Group (TSXV:NTE) Business Description

Traded in Other Exchanges
Address
1525 West 8 Avenue, Suite 207, Vancouver, BC, CAN, V6C 1T5
Network Media Group Inc is a television, film, and NFT production company. Through its subsidiaries, the company is engaged in the development and production of entertainment content. The company develops and produces film, and television and NFT properties in addition to providing production services to third parties. The principal business of the company is the development, financing, production, marketing and distribution of documentaries and docu-series. Network NFT Studios collaborates with IP owners, artists and top talent to create engagement campaigns using non-fungible tokens.
Executives
Curtis White Senior Officer

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