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RMNI (Rimini Street) Cyclically Adjusted Book per Share : $7.97 (As of Mar. 2025)


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What is Rimini Street Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Rimini Street's adjusted book value per share for the three months ended in Mar. 2025 was $-0.697. 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 $7.97 for the trailing ten years ended in Mar. 2025.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-05-18), Rimini Street's current stock price is $3.34. Rimini Street's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $7.97. Rimini Street's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Rimini Street was 0.51. The lowest was 0.32. And the median was 0.41.


Rimini Street Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rimini Street's Cyclically Adjusted Book per Share 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.

Rimini Street Cyclically Adjusted Book per Share Chart

Rimini Street Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 7.88

Rimini Street Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 - - - 7.88 7.97

Competitive Comparison of Rimini Street's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Rimini Street'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.


Rimini Street's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Rimini Street's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Rimini Street Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Rimini Street's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.697/134.9266*134.9266
=-0.697

Current CPI (Mar. 2025) = 134.9266.

Rimini Street Quarterly Data

Book Value per Share CPI Adj_Book
201505 31.602 100.333 42.498
201509 31.545 100.392 42.397
201512 31.484 99.792 42.569
201603 30.727 100.470 41.265
201606 30.134 101.688 39.984
201609 29.859 101.861 39.552
201612 29.139 101.863 38.597
201703 29.056 102.862 38.113
201706 26.167 103.349 34.162
201709 26.015 104.136 33.707
201712 -3.546 104.011 -4.600
201803 -3.463 105.290 -4.438
201806 -3.831 106.317 -4.862
201809 -4.179 106.507 -5.294
201812 -3.511 105.998 -4.469
201903 -3.934 107.251 -4.949
201906 -3.859 108.070 -4.818
201909 -3.855 108.329 -4.801
201912 -3.298 108.420 -4.104
202003 -3.317 108.902 -4.110
202006 -3.305 108.767 -4.100
202009 -2.638 109.815 -3.241
202012 -2.658 109.897 -3.263
202103 -1.815 111.754 -2.191
202106 -1.823 114.631 -2.146
202109 -1.848 115.734 -2.154
202112 -0.923 117.630 -1.059
202203 -0.888 121.301 -0.988
202206 -0.874 125.017 -0.943
202209 -0.854 125.227 -0.920
202212 -0.872 125.222 -0.940
202303 -0.789 127.348 -0.836
202306 -0.697 128.729 -0.731
202309 -0.594 129.860 -0.617
202312 -0.441 129.419 -0.460
202403 -0.404 131.776 -0.414
202406 -0.398 132.554 -0.405
202409 -0.845 133.029 -0.857
202412 -0.762 133.157 -0.772
202503 -0.697 134.927 -0.697

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Rimini Street  (NAS:RMNI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Rimini Street's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.34/7.97
=0.42

* 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.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Rimini Street was 0.51. The lowest was 0.32. And the median was 0.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Rimini Street Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Rimini Street's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Rimini Street Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Rimini Street Inc (NAS:RMNI) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
1700 South Pavilion Center Drive, Suite 330, Las Vegas, NV, USA, 89135
Rimini Street Inc and its subsidiaries are providers of end-to-end enterprise software support, products, and services. The Company offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize clients' enterprise applications, database, and technology software platforms. The Company derives revenues from clients by providing subscription support services for enterprise resource planning, customer relationship management, product lifecycle management database, and technology software systems. Geographically, the company generates the majority of its revenue from the United States of America and the International market.
Executives
Seth A. Ravin director, 10 percent owner, officer: CEO and Chairman of the Board 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Nancy Lyskawa officer: SVP Global Client Onboarding 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Kevin Maddock officer: SVP, Global Sales 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
David W. Rowe officer: SVP & CMO 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Michael L. Perica officer: EVP & Chief Financial Officer C/O 3993 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Steven Salaets officer: CIO/CPO EVP GlSec/Facl/Qual/IA C/O 3993 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Sebastian Grady officer: President 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Brian Slepko officer: SVP, Global Service Delivery 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Gerard Brossard officer: Chief Operating Officer 1170 PEACHTREE STREET, ATLANTA GA 30309
Jay G Snyder director C/O 3993 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Katrinka Mccallum director 139 TOWNSEND ST, SAN FRANCISCO CA 94107
Gpiac, Llc 10 percent owner C/O GP INVESTMENTS ACQUISITION CORP., 150 E. 52ND STREET, SUITE 5003, NEW YORK NY 10022
Daniel B. Winslow officer: SVP & General Counsel 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Adams Street Partners Llc 10 percent owner ONE NORTH WACKER DRIVE, STE 2700, CHICAGO IL 60606-2807
Robin P. Murray director, 10 percent owner 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169