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Rogers Communications (Rogers Communications) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Rogers Communications Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rogers Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rogers Communications'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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Rogers Communications Cyclically Adjusted PB Ratio Chart

Rogers Communications 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 5.65 4.69 4.16 3.82 3.42

Rogers Communications 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 3.67 3.44 2.91 3.42 -

Competitive Comparison of Rogers Communications's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Rogers Communications'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.


Rogers Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Rogers Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rogers Communications 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.

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

For example, Rogers Communications'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)
=14.705/125.4675*125.4675
=14.705

Current CPI (Mar. 2024) = 125.4675.

Rogers Communications Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.188 99.473 11.589
201409 9.261 99.394 11.690
201412 9.233 98.367 11.777
201503 8.377 99.789 10.533
201506 8.591 100.500 10.725
201509 8.417 100.421 10.516
201512 7.984 99.947 10.023
201603 8.380 101.054 10.405
201606 8.927 102.002 10.981
201609 8.626 101.765 10.635
201612 9.151 101.449 11.318
201703 7.751 102.634 9.475
201706 8.430 103.029 10.266
201709 9.950 103.345 12.080
201712 11.403 103.345 13.844
201803 10.916 105.004 13.043
201806 11.018 105.557 13.096
201809 11.608 105.636 13.787
201812 11.824 105.399 14.075
201903 12.060 106.979 14.144
201906 12.956 107.690 15.095
201909 14.265 107.611 16.632
201912 14.161 107.769 16.487
202003 14.469 107.927 16.820
202006 14.575 108.401 16.870
202009 15.024 108.164 17.427
202012 14.802 108.559 17.107
202103 15.869 110.298 18.052
202106 16.369 111.720 18.383
202109 16.452 112.905 18.283
202112 16.296 113.774 17.971
202203 17.385 117.646 18.541
202206 16.731 120.806 17.377
202209 14.346 120.648 14.919
202212 14.713 120.964 15.261
202303 14.313 122.702 14.636
202306 16.464 124.203 16.632
202309 15.292 125.230 15.321
202312 14.682 125.468 14.682
202403 14.705 125.468 14.705

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.


Rogers Communications  (NYSE:RCI) 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.


Rogers Communications Cyclically Adjusted PB Ratio Related Terms

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Rogers Communications (Rogers Communications) Business Description

Traded in Other Exchanges
Address
333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 40% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.