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Resaas Services (TSXV:RSS) Cyclically Adjusted Book per Share : C$0.08 (As of Mar. 2024)


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What is Resaas Services 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.

Resaas Services's adjusted book value per share for the three months ended in Mar. 2024 was C$-0.004. 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 C$0.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Resaas Services's average Cyclically Adjusted Book Growth Rate was -27.30% per year. 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 (2024-06-09), Resaas Services's current stock price is C$0.415. Resaas Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.08. Resaas Services's Cyclically Adjusted PB Ratio of today is 5.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Resaas Services was 11.47. The lowest was 1.06. And the median was 3.14.


Resaas Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Resaas Services'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.

Resaas Services Cyclically Adjusted Book per Share Chart

Resaas Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.14 0.11 0.08

Resaas Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.11 0.10 0.09 0.08 0.08

Competitive Comparison of Resaas Services's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Resaas Services'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.


Resaas Services's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Resaas Services 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, Resaas Services's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.004/126.2576*126.2576
=-0.004

Current CPI (Mar. 2024) = 126.2576.

Resaas Services Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.132 98.604 0.169
201406 0.193 99.473 0.245
201409 0.176 99.394 0.224
201412 0.179 98.367 0.230
201503 0.173 99.789 0.219
201506 0.143 100.500 0.180
201509 0.136 100.421 0.171
201512 0.202 99.947 0.255
201603 0.176 101.054 0.220
201606 0.161 102.002 0.199
201612 0.189 101.449 0.235
201703 0.164 102.634 0.202
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.028 103.345 0.034
201803 0.058 105.004 0.070
201806 0.030 105.557 0.036
201809 0.044 105.636 0.053
201812 0.028 105.399 0.034
201903 0.015 106.979 0.018
201906 0.021 107.690 0.025
201909 0.009 107.611 0.011
201912 0.013 107.769 0.015
202003 0.021 107.927 0.025
202006 0.014 108.401 0.016
202009 0.008 108.164 0.009
202012 0.000 108.559 0.000
202103 0.002 110.298 0.002
202106 0.002 111.720 0.002
202109 0.001 112.905 0.001
202112 -0.003 113.774 -0.003
202203 -0.006 117.646 -0.006
202206 0.003 120.806 0.003
202209 0.000 120.648 0.000
202212 -0.006 120.964 -0.006
202303 -0.009 122.702 -0.009
202306 -0.012 124.203 -0.012
202309 -0.014 125.230 -0.014
202312 -0.001 125.072 -0.001
202403 -0.004 126.258 -0.004

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


Resaas Services  (TSXV:RSS) 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.

Resaas Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.415/0.08
=5.19

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Resaas Services was 11.47. The lowest was 1.06. And the median was 3.14.


Be Aware

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


Resaas Services Cyclically Adjusted Book per Share Related Terms

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


Resaas Services (TSXV:RSS) Business Description

Industry
Traded in Other Exchanges
Address
595 Burrard Street, Suite 2600, Vancouver, BC, CAN, V7X 1L3
Resaas Services Inc is engaged in the development of web and mobile communications software for the real estate industry. The company is a technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis. The company operates in one reportable segment, the development of software in the real estate industry.
Executives
R. Craig Barton 10% Security Holder

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