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RBI Ventures (TSXV:RBI.H) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is RBI Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RBI Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RBI Ventures'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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RBI Ventures Cyclically Adjusted PB Ratio Chart

RBI Ventures Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Cyclically Adjusted PB Ratio
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RBI Ventures Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of RBI Ventures's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, RBI Ventures'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.


RBI Ventures's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, RBI Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



RBI Ventures 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.

RBI Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2020 is calculated as:

For example, RBI Ventures's adjusted Book Value per Share data for the three months ended in Dec. 2020 was:

Adj_Book=Book Value per Share/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=-0.034/108.5594*108.5594
=-0.034

Current CPI (Dec. 2020) = 108.5594.

RBI Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201103 1.747 94.338 2.010
201106 1.803 94.654 2.068
201109 1.475 95.286 1.680
201112 1.327 94.970 1.517
201203 1.190 96.155 1.344
201206 0.914 96.076 1.033
201209 0.985 96.392 1.109
201212 1.156 95.760 1.311
201303 1.411 97.103 1.577
201306 1.163 97.182 1.299
201309 1.204 97.419 1.342
201312 1.222 96.945 1.368
201403 1.242 98.604 1.367
201406 1.257 99.473 1.372
201409 1.232 99.394 1.346
201412 1.293 98.367 1.427
201503 1.389 99.789 1.511
201506 1.782 100.500 1.925
201509 1.776 100.421 1.920
201512 1.793 99.947 1.947
201603 1.820 101.054 1.955
201606 1.706 102.002 1.816
201609 1.796 101.765 1.916
201612 2.527 101.449 2.704
201703 2.517 102.634 2.662
201706 0.940 103.029 0.990
201709 0.908 103.345 0.954
201712 0.874 103.345 0.918
201803 -0.016 105.004 -0.017
201806 -0.022 105.557 -0.023
201809 -0.025 105.636 -0.026
201812 -0.032 105.399 -0.033
201903 -0.038 106.979 -0.039
201906 -0.024 107.690 -0.024
201909 -0.025 107.611 -0.025
201912 -0.028 107.769 -0.028
202003 -0.032 107.927 -0.032
202006 -0.029 108.401 -0.029
202009 -0.026 108.164 -0.026
202012 -0.034 108.559 -0.034

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.


RBI Ventures  (TSXV:RBI.H) 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.


RBI Ventures Cyclically Adjusted PB Ratio Related Terms

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RBI Ventures (TSXV:RBI.H) Business Description

Traded in Other Exchanges
N/A
Address
450-400 Burrard Street, Vancouver, BC, CAN, V6C 3A6
RBI Ventures Ltd is looking into new business opportunities.

RBI Ventures (TSXV:RBI.H) Headlines

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