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As of today (2024-04-30), Digital Turbine's current share price is $1.95. Digital Turbine's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.37. Digital Turbine's Cyclically Adjusted PB Ratio for today is 0.82.
The historical rank and industry rank for Digital Turbine's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Digital Turbine's highest Cyclically Adjusted PB Ratio was 127.65. The lowest was 0.25. And the median was 1.92.
APPS's Cyclically Adjusted PB Ratio is ranked better thanThe 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.
Digital Turbine's adjusted book value per share data for the three months ended in Dec. 2023 was $4.382. 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 $2.37 for the trailing ten years ended in Dec. 2023.
The historical data trend for Digital Turbine'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.
Digital Turbine 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 | 8.34 | 6.15 | 4.27 | 2.65 | 2.90 |
For the Software - Application subindustry, Digital Turbine'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.
For the Software industry and Technology sector, Digital Turbine's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Digital Turbine's Cyclically Adjusted PB Ratio falls into.
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.
Digital Turbine's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 1.95 | / | 2.37 | |
= | 0.82 |
* 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.
Digital Turbine's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:
For example, Digital Turbine'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) |
= | 4.382 | / | 129.4194 | * | 129.4194 | |
= | 4.382 |
Current CPI (Dec. 2023) = 129.4194.
Digital Turbine Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201403 | 0.879 | 99.695 | 1.141 |
201406 | 0.784 | 100.560 | 1.009 |
201409 | 0.681 | 100.428 | 0.878 |
201412 | 0.570 | 99.070 | 0.745 |
201503 | 1.599 | 99.621 | 2.077 |
201506 | 1.485 | 100.684 | 1.909 |
201509 | 1.369 | 100.392 | 1.765 |
201512 | 1.313 | 99.792 | 1.703 |
201603 | 1.240 | 100.470 | 1.597 |
201606 | 1.148 | 101.688 | 1.461 |
201609 | 1.049 | 101.861 | 1.333 |
201612 | 1.027 | 101.863 | 1.305 |
201703 | 0.930 | 102.862 | 1.170 |
201706 | 0.880 | 103.349 | 1.102 |
201709 | 0.839 | 104.136 | 1.043 |
201712 | 0.812 | 104.011 | 1.010 |
201803 | 0.362 | 105.290 | 0.445 |
201806 | 0.375 | 106.317 | 0.456 |
201809 | 0.414 | 106.507 | 0.503 |
201812 | 0.407 | 105.998 | 0.497 |
201903 | 0.444 | 107.251 | 0.536 |
201906 | 0.450 | 108.070 | 0.539 |
201909 | 0.569 | 108.329 | 0.680 |
201912 | 0.662 | 108.420 | 0.790 |
202003 | 0.886 | 108.902 | 1.053 |
202006 | 1.019 | 108.767 | 1.212 |
202009 | 1.073 | 109.815 | 1.265 |
202012 | 1.253 | 109.897 | 1.476 |
202103 | 1.612 | 111.754 | 1.867 |
202106 | 5.291 | 114.631 | 5.974 |
202109 | 5.031 | 115.734 | 5.626 |
202112 | 4.999 | 117.630 | 5.500 |
202203 | 5.295 | 121.301 | 5.649 |
202206 | 5.833 | 125.017 | 6.038 |
202209 | 5.897 | 125.227 | 6.094 |
202212 | 6.108 | 125.222 | 6.313 |
202303 | 6.084 | 127.348 | 6.183 |
202306 | 5.970 | 128.729 | 6.002 |
202309 | 4.429 | 129.860 | 4.414 |
202312 | 4.382 | 129.419 | 4.382 |
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.
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.
Thank you for viewing the detailed overview of Digital Turbine's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jeff Karish | director | C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910 |
Robert M Deutschman | director | |
Mohan S Gyani | director | 7277 164TH AVE NE, BLDG1, REDMOND WA 98052 |
Stone William Gordon Iii | officer: President, COO | 2811 CAHUENGA BOULEVARD WEST, LOS ANGELES CA 90068 |
Holyce Hess Groos | director | 58 CHRISTIANA COURT, LAKE GEORGE NY 12845 |
Roy H Chestnutt | director | 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036 |
Senthilkumaran Kanagaratnam | officer: Chief Technology Officer | 5717 LA SEYNE PLACE, SAN JOSE CA 95138 |
Matthew Gillis | officer: President | 2400 BOSTON STREET, SUITE 201, BALTIMORE MD 21224 |
Michelle M Sterling | director | 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121 |
Mary Spilman | director | C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016 |
Michael Benjamin Miller | officer: Chief Accounting Officer | 360 WEST FOREST GROVE ROAD, LUCAS TX 75002 |
David Wesch | officer: Acting CAO | 1300 GUADALUPE STREET, SUITE 302, AUSTIN TX 78701 |
Christopher Thomas Rogers | director | 2001 EDMUND HALLEY DRIVE, RESTON VA 20191 |
Christine Collins | officer: CTO | 111 NUECES STREET, AUSTIN TX 78701 |
Paul M Schaeffer | director | 5200 ENCINO AVENUE, ENCINO CA 91316 |
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