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Comtex News Network (Comtex News Network) Cyclically Adjusted PB Ratio : (As of May. 10, 2024)


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What is Comtex News Network Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Comtex News Network Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Comtex News Network'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.

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Comtex News Network Cyclically Adjusted PB Ratio Chart

Comtex News Network Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Cyclically Adjusted PB Ratio
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Comtex News Network Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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Competitive Comparison of Comtex News Network's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Comtex News Network'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.


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

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

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



Comtex News Network 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.

Comtex News Network's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2010 is calculated as:

For example, Comtex News Network's adjusted Book Value per Share data for the three months ended in Mar. 2010 was:

Adj_Book=Book Value per Share/CPI of Mar. 2010 (Change)*Current CPI (Mar. 2010)
=114.123/91.8208*91.8208
=114.123

Current CPI (Mar. 2010) = 91.8208.

Comtex News Network Quarterly Data

Book Value per Share CPI Adj_Book
200006 182.923 72.737 230.915
200009 204.714 73.286 256.489
200012 216.214 73.413 270.430
200103 242.154 74.341 299.093
200106 207.267 75.100 253.414
200109 248.308 75.227 303.082
200112 251.615 74.552 309.899
200203 253.083 75.438 308.046
200206 161.538 75.902 195.418
200209 140.846 76.366 169.351
200212 163.385 76.324 196.560
200303 150.462 77.716 177.770
200306 60.462 77.505 71.630
200309 42.500 78.138 49.942
200312 -29.643 77.758 -35.004
200403 -33.357 79.066 -38.738
200406 -23.071 80.037 -26.468
200409 -15.067 80.121 -17.267
200412 -7.133 80.290 -8.157
200503 -1.667 81.555 -1.877
200506 22.556 82.062 25.238
200509 39.067 83.876 42.768
200512 52.357 83.032 57.899
200603 66.143 84.298 72.046
200606 52.214 85.606 56.005
200609 53.667 85.606 57.563
200612 53.000 85.142 57.158
200703 72.357 86.640 76.684
200706 74.000 87.906 77.296
200709 90.333 87.964 94.293
200712 106.148 88.616 109.986
200803 122.106 90.090 124.452
200806 119.424 92.320 118.778
200809 121.060 92.307 120.422
200812 122.483 88.697 126.796
200903 120.393 89.744 123.179
200906 123.686 91.003 124.797
200909 134.262 91.120 135.295
200912 126.219 91.111 127.202
201003 114.123 91.821 114.123

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.


Comtex News Network  (OTCPK:CMTX) 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.


Comtex News Network Cyclically Adjusted PB Ratio Related Terms

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


Comtex News Network (Comtex News Network) Business Description

Traded in Other Exchanges
N/A
Address
295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
Comtex News Network Inc is a provider of economically useful electronic real-time news, content and SmarTrend(r) market products. It receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day.
Executives
Chip Brian officer: President and COO 625 N WASHINGTON STREET STE 301 ALEXANDRIA VA 22314
Tepco Corp 10 percent owner 25 CHURCH STREET THE CONTINENTAL BUILDING HAMILTON D0 HM 12
C W Gilluly director, officer: Interim C.E.O. 625 N. WASHINGTON ST. STE 301 ALEXANDRIA VA 22314

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