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Television Francaise 1 (XPAR:TFI) Cyclically Adjusted PB Ratio : 0.97 (As of May. 23, 2024)


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What is Television Francaise 1 Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Television Francaise 1's current share price is €8.86. Television Francaise 1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.11. Television Francaise 1's Cyclically Adjusted PB Ratio for today is 0.97.

The historical rank and industry rank for Television Francaise 1's Cyclically Adjusted PB Ratio or its related term are showing as below:

XPAR:TFI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.91   Max: 1.25
Current: 0.97

During the past years, Television Francaise 1's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.52. And the median was 0.91.

XPAR:TFI's Cyclically Adjusted PB Ratio is ranked better than
56.34% of 662 companies
in the Media - Diversified industry
Industry Median: 1.115 vs XPAR:TFI: 0.97

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.

Television Francaise 1's adjusted book value per share data for the three months ended in Mar. 2024 was €9.414. 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 €9.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Television Francaise 1 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Television Francaise 1'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.

Television Francaise 1 Cyclically Adjusted PB Ratio Chart

Television Francaise 1 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 0.92 0.82 1.06 0.82 0.79

Television Francaise 1 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 0.91 0.70 0.80 0.79 0.93

Competitive Comparison of Television Francaise 1's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Television Francaise 1'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.


Television Francaise 1's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Television Francaise 1's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Television Francaise 1's Cyclically Adjusted PB Ratio falls into.



Television Francaise 1 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.

Television Francaise 1's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.86/9.11
=0.97

* 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.

Television Francaise 1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Television Francaise 1'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)
=9.414/119.4700*119.4700
=9.414

Current CPI (Mar. 2024) = 119.4700.

Television Francaise 1 Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.048 100.180 10.790
201409 9.150 99.920 10.940
201412 9.471 99.860 11.331
201503 9.657 100.170 11.518
201506 8.275 100.440 9.843
201509 8.102 99.950 9.684
201512 8.332 100.040 9.950
201603 7.664 100.020 9.154
201606 6.954 100.630 8.256
201609 6.865 100.340 8.174
201612 7.131 100.650 8.464
201703 7.237 101.170 8.546
201706 7.171 101.320 8.456
201709 7.215 101.330 8.507
201712 7.564 101.850 8.873
201803 7.683 102.750 8.933
201806 7.201 103.370 8.323
201809 7.287 103.560 8.407
201812 7.501 103.470 8.661
201903 7.615 103.890 8.757
201906 7.496 104.580 8.563
201909 7.520 104.500 8.597
201912 7.431 104.980 8.457
202003 7.556 104.590 8.631
202006 7.555 104.790 8.613
202009 7.737 104.550 8.841
202012 7.636 104.960 8.692
202103 7.826 105.750 8.841
202106 7.727 106.340 8.681
202109 7.856 106.810 8.787
202112 8.400 107.850 9.305
202203 8.540 110.490 9.234
202206 8.611 112.550 9.140
202209 8.755 112.740 9.278
202212 8.850 114.160 9.262
202303 8.984 116.790 9.190
202306 8.811 117.650 8.947
202309 8.984 118.260 9.076
202312 9.262 118.390 9.346
202403 9.414 119.470 9.414

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.


Television Francaise 1  (XPAR:TFI) 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.


Television Francaise 1 Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Television Francaise 1's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Television Francaise 1 (XPAR:TFI) Business Description

Traded in Other Exchanges
Address
1, quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100
Television Francaise 1 SA is a television broadcasting company. The firm operates numerous television channels, including TF1, which is the company's flagship channel that broadcasts a variety of television programming. Additionally, the company controls other channels such as LCI, which focuses on news and current events, and Eurosport, the company's sports broadcasting segment. Television Francaise 1 SA is also involved in television and film production, publishing, as well as social media services. The company generates the vast majority of its revenue in France.

Television Francaise 1 (XPAR:TFI) Headlines

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