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Gannett Co (Gannett Co) Cyclically Adjusted PB Ratio : 0.24 (As of Apr. 27, 2024)


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What is Gannett Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Gannett Co's current share price is $2.58. Gannett Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.97. Gannett Co's Cyclically Adjusted PB Ratio for today is 0.24.

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

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

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.

GCI's Cyclically Adjusted PB Ratio is ranked better than
89.54% of 631 companies
in the Media - Diversified industry
Industry Median: 1.09 vs GCI: 0.24

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 Dec. 2023 was $2.134. 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 $10.97 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.20 0.18 0.22 0.22 0.21

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
=2.58/10.97
=0.24

* 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 Dec. 2023 is calculated as:

For example, Gannett Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.134/129.4194*129.4194
=2.134

Current CPI (Dec. 2023) = 129.4194.

Gannett Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.949 99.695 16.810
201406 12.841 100.560 16.526
201409 13.011 100.428 16.767
201412 12.922 99.070 16.881
201503 13.771 99.621 17.890
201506 13.699 100.684 17.609
201509 13.505 100.392 17.410
201512 14.473 99.792 18.770
201603 14.211 100.470 18.306
201606 14.103 101.688 17.949
201609 13.853 101.861 17.601
201612 14.112 101.863 17.930
201703 13.666 102.862 17.194
201706 12.928 103.349 16.189
201709 12.560 104.136 15.610
201712 12.670 104.011 15.765
201803 12.260 105.290 15.070
201806 12.527 106.317 15.249
201809 12.064 106.507 14.659
201812 11.893 105.998 14.521
201903 11.328 107.251 13.670
201906 11.016 108.070 13.192
201909 10.341 108.329 12.354
201912 7.608 108.420 9.082
202003 6.736 108.902 8.005
202006 3.321 108.767 3.952
202009 3.126 109.815 3.684
202012 2.637 109.897 3.105
202103 3.800 111.754 4.401
202106 3.717 114.631 4.197
202109 3.823 115.734 4.275
202112 3.739 117.630 4.114
202203 3.484 121.301 3.717
202206 3.121 125.017 3.231
202209 2.143 125.227 2.215
202212 2.023 125.222 2.091
202303 2.152 127.348 2.187
202306 2.195 128.729 2.207
202309 2.191 129.860 2.184
202312 2.134 129.419 2.134

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  (NYSE:GCI) 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 (Gannett Co) 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.
Executives
Laurence Tarica director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Reed director, officer: Chief Executive Officer C/O NEWM, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Cindy Gallagher officer: CAO and PAO C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Amy Reinhard director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
John Jeffry Louis director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Vinayak Hegde director 9785 S. MONROE STREET, SUITE 300, SANDY UT 84070
Debra A. Sandler director KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803
Theodore Peter Janulis director C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mayur Gupta director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Paul J Bascobert officer: CEO of Gannett Media Corp. 20 W. KINZIE ST, SUITE 1600, CHICAGO IL 60610
Douglas Edward Horne officer: CFO and CAO ONE TIME WARNER CENTER, NEW YORK NY 10019
Maria M Miller director C/O DAVE & BUSTERS, 2481 MANANA DR, DALLAS TX 75220
Barbara W. Wall director C/O GANNETT CO., INC., 7950 JONES BRANCH DR., MCLEAN VA 22107
Kevin M Sheehan director DAVE & BUSTER'S ENTERTAINMENT INC., 2481 MANANA DRIVE, DALLAS TX 75220
Alison K Engel officer: Chief Financial Officer 400 SOUTH RECORD STREET, DALLAS TX 75202

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