PBR

PBR — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($17.32)
DCF$298.66+1624.4%
Graham Number$17.99+3.9%
Reverse DCFimplied g: -17.7%
DDM$34.81+101.0%
EV/EBITDA$60.52+249.4%

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $81.19B
Rev: -1.3% / EPS: 0.5%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$298.66
Current Price$17.32
Upside / Downside+1624.4%
Net Debt (used)$314.08B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$301.95$380.08$470.98$576.18$697.35
8.0%$233.20$296.09$369.14$453.57$550.70
9.0%$185.57$237.93$298.66$368.77$449.32
10.0%$150.59$195.26$247.00$306.64$375.09
11.0%$123.82$162.63$207.51$259.19$318.42

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $2.25
Yahoo: $6.39

Results

Graham Number$17.99
Current Price$17.32
Margin of Safety+3.9%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$17.32
Implied Near-term FCF Growth-17.7%
Historical Revenue Growth-1.3%
Historical Earnings Growth0.5%
Base FCF (TTM)$81.19B
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: $1.69

Results

DDM Intrinsic Value / share$34.81
Current Price$17.32
Upside / Downside+101.0%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $191.04B
Current: 2.8×
Default: $314.08B

Results

Implied Equity Value / share$60.52
Current Price$17.32
Upside / Downside+249.4%
Implied EV$539.30B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$156.08B$235.08B$314.08B$393.08B$472.08B
-1.2x$-102.37$-123.60$-144.83$-166.06$-187.29
0.8x$0.31$-20.92$-42.15$-63.38$-84.61
2.8x$102.98$81.75$60.52$39.29$18.06
4.8x$205.66$184.43$163.20$141.97$120.74
6.8x$308.34$287.11$265.88$244.65$223.42