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Match Group (MEX:MTCH1) Cyclically Adjusted Book per Share : MXN170.24 (As of Jun. 2024)


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What is Match Group 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.

Match Group's adjusted book value per share for the three months ended in Jun. 2024 was MXN-9.168. 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 MXN170.24 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Match Group's average Cyclically Adjusted Book Growth Rate was -10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.60% 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 Match Group was 29.80% per year. The lowest was -13.60% per year. And the median was -4.00% per year.

As of today (2024-10-09), Match Group's current stock price is MXN715.08. Match Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN170.24. Match Group's Cyclically Adjusted PB Ratio of today is 4.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Match Group was 14.63. The lowest was 0.74. And the median was 3.82.


Match Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Match Group'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.

Match Group Cyclically Adjusted Book per Share Chart

Match Group 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 26.52 - 237.91 196.12 157.46

Match Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 173.91 199.50 157.46 145.62 170.24

Competitive Comparison of Match Group's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Match Group'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.


Match Group's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Match Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Match Group 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, Match Group's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-9.168/132.5538*132.5538
=-9.168

Current CPI (Jun. 2024) = 132.5538.

Match Group Quarterly Data

Book Value per Share CPI Adj_Book
201409 152.258 100.428 200.964
201412 167.977 99.070 224.751
201503 157.076 99.621 209.002
201506 165.883 100.684 218.391
201509 180.867 100.392 238.811
201512 179.860 99.792 238.907
201603 213.115 100.470 281.169
201606 203.396 101.688 265.133
201609 219.338 101.861 285.429
201612 237.185 101.863 308.649
201703 213.542 102.862 275.182
201706 215.523 103.349 276.426
201709 259.294 104.136 330.054
201712 278.087 104.011 354.400
201803 261.535 105.290 329.258
201806 291.044 106.317 362.868
201809 280.359 106.507 348.923
201812 320.714 105.998 401.063
201903 308.545 107.251 381.339
201906 327.269 108.070 401.415
201909 676.099 108.329 827.287
201912 313.650 108.420 383.467
202003 321.805 108.902 391.698
202006 -163.185 108.767 -198.872
202009 -120.852 109.815 -145.876
202012 -105.247 109.897 -126.945
202103 -91.926 111.754 -109.035
202106 -10.235 114.631 -11.835
202109 -5.069 115.734 -5.806
202112 -14.746 117.630 -16.617
202203 -8.540 121.301 -9.332
202206 -32.181 125.017 -34.121
202209 -50.370 125.227 -53.317
202212 -25.091 125.222 -26.560
202303 -21.659 127.348 -22.544
202306 -10.978 128.729 -11.304
202309 -19.194 129.860 -19.592
202312 -1.234 129.419 -1.264
202403 -6.738 131.776 -6.778
202406 -9.168 132.554 -9.168

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


Match Group  (MEX:MTCH1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=715.08/170.24
=4.20

* 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 Match Group was 14.63. The lowest was 0.74. And the median was 3.82.


Be Aware

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


Match Group Cyclically Adjusted Book per Share Related Terms

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


Match Group Business Description

Address
8750 North Central Expressway, Suite 1400, Dallas, TX, USA, 75231
Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).

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