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Radient Technologies (Radient Technologies) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Radient Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Radient Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Radient Technologies'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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Radient Technologies Cyclically Adjusted PB Ratio Chart

Radient Technologies Annual Data
Trend Dec13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PB Ratio
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Radient Technologies Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Radient Technologies's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Radient Technologies'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.


Radient Technologies's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Radient Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Radient Technologies 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.

Radient Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Radient Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.02/120.9639*120.9639
=-0.020

Current CPI (Dec. 2022) = 120.9639.

Radient Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.530 97.103 0.660
201306 0.507 97.182 0.631
201309 0.489 97.419 0.607
201312 0.401 96.945 0.500
201403 -20.277 98.604 -24.875
201406 0.157 99.473 0.191
201409 0.106 99.394 0.129
201412 0.066 98.367 0.081
201503 -0.063 99.789 -0.076
201506 -0.072 100.500 -0.087
201509 -0.082 100.421 -0.099
201512 -0.081 99.947 -0.098
201603 -0.082 101.054 -0.098
201606 -0.084 102.002 -0.100
201609 -0.068 101.765 -0.081
201612 -0.013 101.449 -0.016
201703 0.022 102.634 0.026
201706 0.027 103.029 0.032
201709 0.028 103.345 0.033
201712 0.095 103.345 0.111
201803 0.089 105.004 0.103
201806 0.092 105.557 0.105
201809 0.170 105.636 0.195
201812 0.154 105.399 0.177
201903 0.141 106.979 0.159
201906 0.129 107.690 0.145
201909 0.113 107.611 0.127
201912 0.101 107.769 0.113
202003 0.049 107.927 0.055
202006 0.049 108.401 0.055
202009 0.043 108.164 0.048
202012 0.022 108.559 0.025
202103 -0.005 110.298 -0.005
202106 -0.009 111.720 -0.010
202109 -0.011 112.905 -0.012
202112 -0.013 113.774 -0.014
202203 -0.015 117.646 -0.015
202206 -0.017 120.806 -0.017
202209 -0.019 120.648 -0.019
202212 -0.020 120.964 -0.020

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.


Radient Technologies  (OTCPK:RDDTF) 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.


Radient Technologies Cyclically Adjusted PB Ratio Related Terms

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Radient Technologies (Radient Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4035 101 St. NW, Edmonton, AB, CAN, T6E 0A4
Radient Technologies Inc is a Canadian company engaged in manufacturing cannabis derivatives, formulations, and products. It has developed its extraction process, Microwave Assisted Processing (MAP), which is used for producing a consistent product at industrial-scale quantities. It provides its customers and partners with white-label extracts, formulations, and finished products that contain a broad spectrum of cannabinoid and terpene profiles. While it operates in Canada and is building an additional facility in Germany. It operates in a single segment namely the production and sale of cannabis-related retail products.

Radient Technologies (Radient Technologies) Headlines

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