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Arnoldo Mondadori Editore SpA (MIL:MN) Cyclically Adjusted PB Ratio : 2.22 (As of Jun. 10, 2024)


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What is Arnoldo Mondadori Editore SpA Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Arnoldo Mondadori Editore SpA's current share price is €2.265. Arnoldo Mondadori Editore SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.02. Arnoldo Mondadori Editore SpA's Cyclically Adjusted PB Ratio for today is 2.22.

The historical rank and industry rank for Arnoldo Mondadori Editore SpA's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIL:MN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.34   Max: 2.3
Current: 2.22

During the past years, Arnoldo Mondadori Editore SpA's highest Cyclically Adjusted PB Ratio was 2.30. The lowest was 0.68. And the median was 1.34.

MIL:MN's Cyclically Adjusted PB Ratio is ranked worse than
75.4% of 695 companies
in the Media - Diversified industry
Industry Median: 1.1 vs MIL:MN: 2.22

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.

Arnoldo Mondadori Editore SpA's adjusted book value per share data for the three months ended in Mar. 2024 was €1.074. 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 €1.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arnoldo Mondadori Editore SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arnoldo Mondadori Editore SpA'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.

Arnoldo Mondadori Editore SpA Cyclically Adjusted PB Ratio Chart

Arnoldo Mondadori Editore SpA 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 1.41 1.19 1.83 1.68 2.11

Arnoldo Mondadori Editore SpA 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 1.86 1.94 2.09 2.11 2.28

Competitive Comparison of Arnoldo Mondadori Editore SpA's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Arnoldo Mondadori Editore SpA'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.


Arnoldo Mondadori Editore SpA's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Arnoldo Mondadori Editore SpA's Cyclically Adjusted PB Ratio falls into.



Arnoldo Mondadori Editore SpA 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.

Arnoldo Mondadori Editore SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.265/1.02
=2.22

* 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.

Arnoldo Mondadori Editore SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Arnoldo Mondadori Editore SpA'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)
=1.074/120.2000*120.2000
=1.074

Current CPI (Mar. 2024) = 120.2000.

Arnoldo Mondadori Editore SpA Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.942 100.093 1.131
201409 0.954 99.814 1.149
201412 0.984 99.721 1.186
201503 0.967 99.814 1.164
201506 0.939 100.279 1.126
201509 0.974 100.000 1.171
201512 1.010 99.814 1.216
201603 0.998 99.600 1.204
201606 0.989 99.900 1.190
201609 1.072 100.100 1.287
201612 1.099 100.300 1.317
201703 1.064 101.000 1.266
201706 1.116 101.100 1.327
201709 1.212 101.200 1.440
201712 1.212 101.200 1.440
201803 1.158 101.800 1.367
201806 1.168 102.400 1.371
201809 0.522 102.600 0.612
201812 0.546 102.300 0.642
201903 0.536 102.800 0.627
201906 0.541 103.100 0.631
201909 0.642 102.900 0.750
201912 0.658 102.800 0.769
202003 0.588 102.900 0.687
202006 0.561 102.900 0.655
202009 0.721 102.300 0.847
202012 0.664 102.600 0.778
202103 0.632 103.700 0.733
202106 0.682 104.200 0.787
202109 0.857 104.900 0.982
202112 0.843 106.600 0.951
202203 0.813 110.400 0.885
202206 0.798 112.500 0.853
202209 1.028 114.200 1.082
202212 0.997 119.000 1.007
202303 0.974 118.800 0.985
202306 0.922 119.700 0.926
202309 1.132 120.300 1.131
202312 1.107 119.700 1.112
202403 1.074 120.200 1.074

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.


Arnoldo Mondadori Editore SpA  (MIL:MN) 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.


Arnoldo Mondadori Editore SpA Cyclically Adjusted PB Ratio Related Terms

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Arnoldo Mondadori Editore SpA (MIL:MN) Business Description

Traded in Other Exchanges
Address
Strada privata Mondadori 19, Segrate, Milan, ITA
Arnoldo Mondadori Editore SpA is a European publishing group. It publishes books and magazines and operates retail bookstores across Italy. Books are from fiction, non-fiction, for the young genres. Magazines published are of various fields for both men and women. The company's operating segment includes Books; Retail; Media and Corporate and Shared Services. It generates maximum revenue from the Books segment.