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SRAX (SRAX) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is SRAX Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SRAX Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SRAX'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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SRAX Cyclically Adjusted PB Ratio Chart

SRAX Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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SRAX Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of SRAX's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, SRAX'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.


SRAX's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SRAX's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SRAX 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.

SRAX's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.031/125.2265*125.2265
=-0.031

Current CPI (Sep. 2022) = 125.2265.

SRAX Quarterly Data

Book Value per Share CPI Adj_Book
201212 -0.009 96.871 -0.012
201303 -0.139 98.209 -0.177
201306 -0.229 98.518 -0.291
201309 0.121 98.790 0.153
201312 0.778 98.326 0.991
201403 0.892 99.695 1.120
201406 0.696 100.560 0.867
201409 0.499 100.428 0.622
201412 1.059 99.070 1.339
201503 0.728 99.621 0.915
201506 0.836 100.684 1.040
201509 0.745 100.392 0.929
201512 0.689 99.792 0.865
201603 0.776 100.470 0.967
201606 1.119 101.688 1.378
201609 1.145 101.861 1.408
201612 1.269 101.863 1.560
201703 1.009 102.862 1.228
201706 0.961 103.349 1.164
201709 0.516 104.136 0.621
201712 0.597 104.011 0.719
201803 1.347 105.290 1.602
201806 1.133 106.317 1.335
201809 2.840 106.507 3.339
201812 1.395 105.998 1.648
201903 0.835 107.251 0.975
201906 0.748 108.070 0.867
201909 1.192 108.329 1.378
201912 0.893 108.420 1.031
202003 0.707 108.902 0.813
202006 1.128 108.767 1.299
202009 1.117 109.815 1.274
202012 1.191 109.897 1.357
202103 1.383 111.754 1.550
202106 1.242 114.631 1.357
202109 0.893 115.734 0.966
202112 0.798 117.630 0.850
202203 0.948 121.301 0.979
202206 0.033 125.017 0.033
202209 -0.031 125.227 -0.031

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.


SRAX  (OTCPK:SRAX) 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.


SRAX Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of SRAX's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SRAX (SRAX) Business Description

Traded in Other Exchanges
N/A
Address
2629 Townsgate Road, Suite 215, Westlake Village, CA, USA, 91361
SRAX Inc is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track investors behavior and trends and use those insights to engage current and potential investors across marketing channels.
Executives
Christopher Miglino director, 10 percent owner, officer: See Remarks 479 N. RODEO DRIVE, SUITE E 308, BEVERLY HILLS CA 90210
Michael Malone officer: Chief Financial Officer 191 OTTO STREET, PORT TOWNSEND WA 98368
Behzad Christopher Lahiji director, officer: Pres., LD Micro (Subsidiary) 1408 GRANT STREET, SANTA MONICA CA 90405
Marc Savas director 8033 SUNSET BLVD., BOX 873, LOS ANGELES CA 90046
Malcolm Westley Casselle director 4535 W SAHARA AVE., #200, LAS VEGAS NV 89102
Diclaudio Colleen director 456 SEATON STREET, LOS ANGELES CA 90013
Robert James Jordan director 456 SEATON STRET, LOS ANGELES CA 90013
Michael Thomas Malone officer: Chief Financial Officer 525 WEST 28 TH ST., APT. 160, NEW YORK NY 10001
Joseph Patrick Hannan officer: Chief Financial Officer 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Derek James Ferguson director 135 HAWTHORN AVE., GLENCOE IL 60022
Anthony Packer director 6505 KILBERRY LANE, CHARLOTTE NC 28277
Rahul Thumati officer: Chief Financial Officer 1630 S. EUCLID AVENUE, SAN MARINO CA 91108
Rodney J Dillman director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Carrie E Mcqueen officer: Chief Financial Officer 11545 W. BERNARDO COURT, SUITE 301, SAN DIEGO CA 92127
Richard Steel director, officer: President 2052 PEBBLE DRIVE, ALAMO CA 94507