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Emerson Radio (Emerson Radio) Cyclically Adjusted PB Ratio : 0.28 (As of Apr. 27, 2024)


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What is Emerson Radio Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Emerson Radio's current share price is $0.5484. Emerson Radio's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.99. Emerson Radio's Cyclically Adjusted PB Ratio for today is 0.28.

The historical rank and industry rank for Emerson Radio's Cyclically Adjusted PB Ratio or its related term are showing as below:

MSN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.46   Max: 0.94
Current: 0.27

During the past years, Emerson Radio's highest Cyclically Adjusted PB Ratio was 0.94. The lowest was 0.24. And the median was 0.46.

MSN's Cyclically Adjusted PB Ratio is ranked better than
93.84% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs MSN: 0.27

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.

Emerson Radio's adjusted book value per share data for the three months ended in Dec. 2023 was $1.131. 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 $1.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emerson Radio Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Emerson Radio'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.

* Premium members only.

Emerson Radio Cyclically Adjusted PB Ratio Chart

Emerson Radio Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.31 0.57 0.34 0.25

Emerson Radio Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 0.25 0.25 0.28 0.27 0.28

Competitive Comparison of Emerson Radio's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Emerson Radio'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.


Emerson Radio's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Emerson Radio's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Emerson Radio 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.

Emerson Radio's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.5484/1.99
=0.28

* 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.

Emerson Radio's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Emerson Radio's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.131/129.4194*129.4194
=1.131

Current CPI (Dec. 2023) = 129.4194.

Emerson Radio Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.653 99.695 3.444
201406 2.677 100.560 3.445
201409 1.979 100.428 2.550
201412 2.084 99.070 2.722
201503 2.023 99.621 2.628
201506 2.028 100.684 2.607
201509 2.001 100.392 2.580
201512 1.999 99.792 2.592
201603 1.987 100.470 2.560
201606 1.985 101.688 2.526
201609 1.992 101.861 2.531
201612 2.009 101.863 2.552
201703 1.981 102.862 2.492
201706 1.949 103.349 2.441
201709 1.955 104.136 2.430
201712 1.919 104.011 2.388
201803 1.775 105.290 2.182
201806 1.741 106.317 2.119
201809 1.717 106.507 2.086
201812 1.705 105.998 2.082
201903 1.683 107.251 2.031
201906 1.636 108.070 1.959
201909 1.595 108.329 1.906
201912 1.548 108.420 1.848
202003 1.478 108.902 1.756
202006 1.425 108.767 1.696
202009 1.380 109.815 1.626
202012 1.335 109.897 1.572
202103 1.290 111.754 1.494
202106 1.246 114.631 1.407
202109 1.216 115.734 1.360
202112 1.161 117.630 1.277
202203 1.117 121.301 1.192
202206 1.066 125.017 1.104
202209 1.059 125.227 1.094
202212 1.047 125.222 1.082
202303 1.053 127.348 1.070
202306 1.026 128.729 1.032
202309 1.151 129.860 1.147
202312 1.131 129.419 1.131

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.


Emerson Radio  (AMEX:MSN) 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.


Emerson Radio Cyclically Adjusted PB Ratio Related Terms

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


Emerson Radio (Emerson Radio) Business Description

Industry
Traded in Other Exchanges
N/A
Address
959 Route 46 East, Suite 210, Parsippany, NJ, USA, 07054
Emerson Radio Corp operates in the consumer electronics industry. The company designs, sources, imports, and markets a variety of houseware and consumer electronic products, and licenses the Emerson trademark domestically and internationally. Its products are offered to encompass televisions, digital versatile disc players and video cassette recorders, audio accessories, microwave ovens, home theatres, high-end audio products, office products, mobile stereo, and wireless products. geographically, it derives a majority of its revenue from the United States.
Executives
Richard Li officer: Chief Financial Officer C/O EMERSON RADIO CORP., 35 WATERVIEW BLVD., SUITE 140, PARSIPPANY NJ 07054
Omen Charm Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Bingzhao Tan 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Guichai He 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Ocean Rose Global Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Wealth Warrior Global Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Praisewise Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Merchant Link Holdings Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Splendid Brilliance (ptc) Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Aurizon Enterprises Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Rise Vision Global Ltd director, 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Ho Wing On Christopher director 146 ROBINSON ROAD, #01-01, SINGAPORE U0 068909
Kin S Yuen director C/O EMERSON RADIO CORP., 3 UNIVERSITY PLAZA, SUITE 405, HACKENSACK NJ 07601
Accolade (ptc) Inc. 10 percent owner C/O 12TH FLOOR, THE GRANDE BUILDING, 398 KWUN TONG ROAD, KOWLOON K3 NONE
Ho Family Trust 10 percent owner 146 ROBINSON ROAD, #01-01, SINGAPORE U0 068909

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