GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gannett Co Inc (FRA:2N2A) » Definitions » Cyclically Adjusted PB Ratio

Gannett Co (FRA:2N2A) Cyclically Adjusted PB Ratio : 0.32 (As of May. 23, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Gannett Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Gannett Co's current share price is €3.10. Gannett Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.60. Gannett Co's Cyclically Adjusted PB Ratio for today is 0.32.

The historical rank and industry rank for Gannett Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:2N2A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.24   Max: 0.74
Current: 0.32

During the past years, Gannett Co's highest Cyclically Adjusted PB Ratio was 0.74. The lowest was 0.14. And the median was 0.24.

FRA:2N2A's Cyclically Adjusted PB Ratio is ranked better than
84.29% of 662 companies
in the Media - Diversified industry
Industry Median: 1.115 vs FRA:2N2A: 0.32

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.

Gannett Co's adjusted book value per share data for the three months ended in Mar. 2024 was €1.455. 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 €9.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gannett Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gannett Co'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.

* Premium members only.

Gannett Co Cyclically Adjusted PB Ratio Chart

Gannett Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.66 0.20 0.21

Gannett Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 0.18 0.22 0.22 0.21 0.23

Competitive Comparison of Gannett Co's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Gannett Co'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.


Gannett Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Gannett Co 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.

Gannett Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.10/9.6
=0.32

* 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.

Gannett Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gannett Co'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)
=1.455/131.7762*131.7762
=1.455

Current CPI (Mar. 2024) = 131.7762.

Gannett Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.451 100.560 12.385
201409 10.097 100.428 13.249
201412 10.479 99.070 13.938
201503 12.724 99.621 16.831
201506 12.206 100.684 15.975
201509 12.033 100.392 15.795
201512 13.286 99.792 17.544
201603 12.762 100.470 16.739
201606 12.552 101.688 16.266
201609 12.343 101.861 15.968
201612 13.379 101.863 17.308
201703 12.778 102.862 16.370
201706 11.506 103.349 14.671
201709 10.538 104.136 13.335
201712 10.706 104.011 13.564
201803 9.943 105.290 12.444
201806 10.723 106.317 13.291
201809 10.339 106.507 12.792
201812 10.454 105.998 12.996
201903 10.026 107.251 12.319
201906 9.749 108.070 11.888
201909 9.390 108.329 11.422
201912 6.847 108.420 8.322
202003 6.096 108.902 7.376
202006 2.949 108.767 3.573
202009 2.654 109.815 3.185
202012 2.167 109.897 2.598
202103 3.192 111.754 3.764
202106 3.085 114.631 3.546
202109 3.249 115.734 3.699
202112 3.309 117.630 3.707
202203 3.163 121.301 3.436
202206 2.953 125.017 3.113
202209 2.165 125.227 2.278
202212 1.909 125.222 2.009
202303 2.010 127.348 2.080
202306 2.026 128.729 2.074
202309 2.053 129.860 2.083
202312 1.957 129.419 1.993
202403 1.455 131.776 1.455

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.


Gannett Co  (FRA:2N2A) 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.


Gannett Co Cyclically Adjusted PB Ratio Related Terms

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


Gannett Co (FRA:2N2A) Business Description

Traded in Other Exchanges
Address
7950 Jones Branch Drive, McLean, VA, USA, 22107-0910
Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The Group operate in two segments, Gannett Media and Digital Marketing Solutions. The majority of revenue is from the Gannett media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest to provide more than 150 local media brands.

Gannett Co (FRA:2N2A) Headlines

No Headlines