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DRKOF (Martello Technologies Group) Cyclically Adjusted PB Ratio : 0.03 (As of Jan. 18, 2025)


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What is Martello Technologies Group Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Martello Technologies Group's current share price is $0.0023. Martello Technologies Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.08. Martello Technologies Group's Cyclically Adjusted PB Ratio for today is 0.03.

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

DRKOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.06   Max: 0.26
Current: 0.06

During the past years, Martello Technologies Group's highest Cyclically Adjusted PB Ratio was 0.26. The lowest was 0.02. And the median was 0.06.

DRKOF's Cyclically Adjusted PB Ratio is ranked better than
97.78% of 1349 companies
in the Software industry
Industry Median: 2.71 vs DRKOF: 0.06

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.

Martello Technologies Group's adjusted book value per share data for the three months ended in Sep. 2024 was $-0.002. 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 $0.08 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Martello Technologies Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Martello Technologies Group'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.

Martello Technologies Group Cyclically Adjusted PB Ratio Chart

Martello Technologies Group Annual Data
Trend Apr15 Apr16 Apr17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.12 0.05 0.04 0.08

Martello Technologies Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.05 0.04 0.08 0.05 0.04

Competitive Comparison of Martello Technologies Group's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Martello Technologies Group'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.


Martello Technologies Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Martello Technologies Group's Cyclically Adjusted PB Ratio falls into.



Martello Technologies Group 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.

Martello Technologies Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0023/0.08
=0.03

* 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.

Martello Technologies Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Martello Technologies Group's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.002/127.2847*127.2847
=-0.002

Current CPI (Sep. 2024) = 127.2847.

Martello Technologies Group Quarterly Data

Book Value per Share CPI Adj_Book
201410 0.656 99.473 0.839
201501 0.678 98.209 0.879
201504 0.578 99.710 0.738
201507 0.594 100.579 0.752
201510 0.580 100.500 0.735
201601 0.566 100.184 0.719
201604 0.283 101.370 0.355
201607 0.396 101.844 0.495
201610 0.484 102.002 0.604
201701 0.098 102.318 0.122
201704 0.090 103.029 0.111
201707 0.092 103.029 0.114
201710 0.089 103.424 0.110
201801 0.087 104.056 0.106
201804 0.080 105.320 0.097
201807 0.072 106.110 0.086
201812 0.082 105.399 0.099
201903 0.072 106.979 0.086
201906 0.069 107.690 0.082
201909 0.072 107.611 0.085
201912 0.069 107.769 0.081
202003 0.052 107.927 0.061
202006 0.069 108.401 0.081
202009 0.071 108.164 0.084
202012 0.071 108.559 0.083
202103 0.070 110.298 0.081
202106 0.067 111.720 0.076
202109 0.060 112.905 0.068
202112 0.053 113.774 0.059
202203 0.048 117.646 0.052
202206 0.043 120.806 0.045
202209 0.035 120.648 0.037
202212 -0.008 120.964 -0.008
202303 -0.002 122.702 -0.002
202306 -0.001 124.203 -0.001
202309 0.001 125.230 0.001
202312 0.002 125.072 0.002
202403 0.001 126.258 0.001
202406 0.000 127.522 0.000
202409 -0.002 127.285 -0.002

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.


Martello Technologies Group  (OTCPK:DRKOF) 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.


Martello Technologies Group Cyclically Adjusted PB Ratio Related Terms

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


Martello Technologies Group Business Description

Traded in Other Exchanges
Address
390 March Road, Suite 110, Ottawa, ON, CAN, K2K 0G7
Martello Technologies Group Inc is a technology company that provides digital experience monitoring (DEM) solutions. The company's products provide monitoring and analytics on the performance and user experience of critical cloud business applications while giving IT teams and service providers control and visibility of their entire IT infrastructure. Martello's software products include unified communications performance analytics, Microsoft 365 end-user experience monitoring and IT service monitoring and analytics. It has offices in Amsterdam, Geneva, Nice, Paris, Dallas and New York.