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Cablevision Systems (Cablevision Systems) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Cablevision Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cablevision Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cablevision Systems'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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Cablevision Systems Cyclically Adjusted PB Ratio Chart

Cablevision Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Cablevision Systems Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Competitive Comparison of Cablevision Systems's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Cablevision Systems'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.


Cablevision Systems's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Cablevision Systems 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.

Cablevision Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2016 is calculated as:

For example, Cablevision Systems's adjusted Book Value per Share data for the three months ended in Mar. 2016 was:

Adj_Book=Book Value per Share/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=-17.489/100.4704*100.4704
=-17.489

Current CPI (Mar. 2016) = 100.4704.

Cablevision Systems Quarterly Data

Book Value per Share CPI Adj_Book
200606 -18.515 85.606 -21.730
200609 -18.656 85.606 -21.895
200612 -18.261 85.142 -21.549
200703 -18.396 86.640 -21.333
200706 -17.216 87.906 -19.677
200709 -17.445 87.964 -19.925
200712 -17.327 88.616 -19.645
200803 -17.248 90.090 -19.235
200806 -16.844 92.320 -18.331
200809 -16.777 92.307 -18.261
200812 -18.078 88.697 -20.478
200903 -17.758 89.744 -19.880
200906 -17.585 91.003 -19.414
200909 -17.249 91.120 -19.019
200912 -17.071 91.111 -18.825
201003 -20.335 91.821 -22.251
201006 -20.341 91.962 -22.223
201009 -20.796 92.162 -22.671
201012 -21.331 92.474 -23.176
201103 -22.387 94.283 -23.856
201106 -19.123 95.235 -20.174
201109 -19.834 95.727 -20.817
201112 -20.327 95.213 -21.449
201203 -20.681 96.783 -21.469
201206 -21.231 96.819 -22.032
201209 -21.836 97.633 -22.471
201212 -21.304 96.871 -22.096
201303 -21.289 98.209 -21.779
201306 -20.879 98.518 -21.293
201309 -19.788 98.790 -20.125
201312 -19.737 98.326 -20.167
201403 -19.304 99.695 -19.454
201406 -18.966 100.560 -18.949
201409 -18.570 100.428 -18.578
201412 -18.376 99.070 -18.636
201503 -18.251 99.621 -18.407
201506 -17.939 100.684 -17.901
201509 -17.918 100.392 -17.932
201512 -17.749 99.792 -17.870
201603 -17.489 100.470 -17.489

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.


Cablevision Systems  (NYSE:CVC) 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.


Cablevision Systems Cyclically Adjusted PB Ratio Related Terms

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


Cablevision Systems (Cablevision Systems) Business Description

Traded in Other Exchanges
N/A
Address
Cablevision Systems Corp is a Delaware corporation which was organized in 1997. It operates through its subsidiary, CSC Holdings. CSC Holdings is a cable operator in the United States. It also provides high-speed data and Voice over Internet Protocol services using its television broadband network; and Ethernet-based data, Internet, voice and video transport and managed services, to the business market in the New York metropolitan area. One of its subsidiaries also operates a newspaper publishing business. It also owns a cable television advertising sales business and regional news and other local programming services businesses. The Company classifies its operations into three reportable segments: Cable, consisting principally of video, high-speed data, and VoIP services; Lightpath; and Other, consisting principally of Newsday, which includes the Newsday daily newspaper, amNew York, Star Community Publishing Group, and online websites including newsday.com and exploreLI.com, the News 12 Networks, which provides regional news programming services, Cablevision Media Sales Corporation, a cable television advertising company, and MSG Varsity, a program service dedicated to showcasing high school sports and activities and other local programming. The Company's cable television systems are operated in New York, New Jersey, and Connecticut under non-exclusive franchise agreements, where required by the franchising authority, with state and/or municipal or county franchising authorities. The Company's competitors include Verizon Communications, Inc., AT&T Inc., RCN Corporation, among others. Its cable television systems are subject to federal, state and local regulations.
Executives
Matthew John Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan 2009 Family Trust Fbo Kathleen M. Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Cfd 2010 Grandchildren Trust Fbo Aidan Dolan other: Member of 13D Group KNICKERBOCKER GROUP LLC, PO BOX 420, OYSTER BAY NY 11771
Cfd 2010 Grandchildren Trust Fbo Quentin Dolan other: Member of 13D Group KNICKERBOCKER GROUP LLC, PO BOX 420, OYSTER BAY NY 11771
Kathleen Margaret Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Patrick F. Dolan other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2010 Grandchildren Trust Fbo Descendants Of Kathleen M. Dolan other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2010 Grandchildren Trust Fbo Descendants Of Marianne E. Dolan Weber other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2010 Grandchildren Trust Fbo Descendants Of Patrick F. Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Cfd 2010 Grandchildren Trust Fbo Descendants Of Deborah A. Dolan-sweeney other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Mary S Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
David M Dolan other: Member of 13D Group 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Paul Joseph Dolan director, other: Member of 13D Group TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Ryan Dolan 1989 Trust other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Tara Dolan 1989 Trust other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112

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