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The Interpublic Group of (The Interpublic Group of) Cyclically Adjusted Book per Share : $7.68 (As of Mar. 2024)


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What is The Interpublic Group of 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.

The Interpublic Group of's adjusted book value per share for the three months ended in Mar. 2024 was $10.135. 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 $7.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Interpublic Group of's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of The Interpublic Group of was 10.80% per year. The lowest was -4.10% per year. And the median was 4.30% per year.

As of today (2024-04-27), The Interpublic Group of's current stock price is $31.47. The Interpublic Group of's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.68. The Interpublic Group of's Cyclically Adjusted PB Ratio of today is 4.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Interpublic Group of was 6.39. The lowest was 2.28. And the median was 4.40.


The Interpublic Group of Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Interpublic Group of'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.

The Interpublic Group of Cyclically Adjusted Book per Share Chart

The Interpublic Group of Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.48 5.74 6.37 7.04 7.59

The Interpublic Group of Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.22 7.38 7.53 7.59 7.68

Competitive Comparison of The Interpublic Group of's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, The Interpublic Group of'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.


The Interpublic Group of's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



The Interpublic Group of 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, The Interpublic Group of'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)
=10.135/129.4194*129.4194
=10.135

Current CPI (Mar. 2024) = 129.4194.

The Interpublic Group of Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.118 100.560 6.587
201409 4.868 100.428 6.273
201412 5.114 99.070 6.681
201503 4.597 99.621 5.972
201506 4.764 100.684 6.124
201509 4.474 100.392 5.768
201512 4.875 99.792 6.322
201603 4.781 100.470 6.159
201606 4.903 101.688 6.240
201609 4.768 101.861 6.058
201612 5.151 101.863 6.544
201703 4.956 102.862 6.236
201706 4.999 103.349 6.260
201709 5.041 104.136 6.265
201712 5.771 104.011 7.181
201803 5.444 105.290 6.692
201806 5.321 106.317 6.477
201809 5.509 106.507 6.694
201812 6.239 105.998 7.618
201903 5.995 107.251 7.234
201906 6.273 108.070 7.512
201909 6.381 108.329 7.623
201912 7.173 108.420 8.562
202003 6.502 108.902 7.727
202006 6.290 108.767 7.484
202009 6.986 109.815 8.233
202012 7.406 109.897 8.722
202103 7.309 111.754 8.464
202106 7.784 114.631 8.788
202109 8.057 115.734 9.010
202112 8.942 117.630 9.838
202203 8.803 121.301 9.392
202206 8.670 125.017 8.975
202209 8.584 125.227 8.871
202212 9.352 125.222 9.665
202303 9.157 127.348 9.306
202306 9.479 128.729 9.530
202309 9.609 129.860 9.576
202312 10.411 129.419 10.411
202403 10.135 129.419 10.135

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


The Interpublic Group of  (NYSE:IPG) 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.

The Interpublic Group of's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.47/7.68
=4.10

* 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 The Interpublic Group of was 6.39. The lowest was 2.28. And the median was 4.40.


Be Aware

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


The Interpublic Group of Cyclically Adjusted Book per Share Related Terms

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


The Interpublic Group of (The Interpublic Group of) Business Description

Traded in Other Exchanges
Address
909 Third Avenue, New York, NY, USA, 10022
Interpublic Group is among the world's largest advertising holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 80% of its revenue from developed regions such as the United States and Europe.
Executives
Jorge L. Benitez director 5201 BLUE LAGOON DRIVE, SUITE 250, MIAMI FL 33126
Dawn E Hudson director 2530 ZANKER ROAD, SAN JOSE CA 95131
Jocelyn Carter-miller director 3698 NW 15TH STREET, LAUDERHILL FL 33311
Christopher F Carroll officer: SVP, Controller & CAO 3 TIMES SQUARE, 12TH FL., NEW YORK NY 10036
Andrew Bonzani officer: SVP, General Counsel & Sec. 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Ellen Tobi Johnson officer: SVP of Finance & Treasurer C/O IPG, 1114 AVE OF THE AMERICAS, NEW YORK NY 10036
Mary Guilfoile director 227 WASHINGTON STREET STE.200, CONSHOHOCKEN PA 19428
Michael Isor Roth director THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Philippe Krakowsky officer: SVP, Dir of Corporate Comms
H John Greeniaus director
Linda S Sanford director 4 IRVING PLACE, NEW YORK NY 10003
Julie Connors officer: SVP,Audit & Chief Risk Officer C/O IPG, 1114 AVE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
David M Thomas director 930 CLAPBOARD RIDGE ROAD, GREENWICH CT 06830
Frank Mergenthaler officer: Exec. VP & CFO 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Patrick Q Moore director 625 ELMWOOD DRIVE NE, ATLANTA GA 30306