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RM Rheiner Management AG (FRA:RMO) Cyclically Adjusted PB Ratio : (As of May. 31, 2024)


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What is RM Rheiner Management AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


RM Rheiner Management AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RM Rheiner Management AG'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.

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RM Rheiner Management AG Cyclically Adjusted PB Ratio Chart

RM Rheiner Management AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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RM Rheiner Management AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of RM Rheiner Management AG's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, RM Rheiner Management AG'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.


RM Rheiner Management AG's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RM Rheiner Management AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where RM Rheiner Management AG's Cyclically Adjusted PB Ratio falls into.



RM Rheiner Management AG 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.

RM Rheiner Management AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, RM Rheiner Management AG's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=37.118/119.3449*119.3449
=37.118

Current CPI (Dec22) = 119.3449.

RM Rheiner Management AG Annual Data

Book Value per Share CPI Adj_Book
201312 12.132 99.356 14.573
201412 11.914 99.543 14.284
201512 16.559 99.717 19.818
201612 18.300 101.217 21.578
201712 21.491 102.617 24.994
201812 19.382 104.217 22.195
201912 20.668 105.818 23.310
202012 30.573 105.518 34.579
202112 34.959 110.384 37.797
202212 37.118 119.345 37.118

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.


RM Rheiner Management AG  (FRA:RMO) 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.


RM Rheiner Management AG Cyclically Adjusted PB Ratio Related Terms

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RM Rheiner Management AG (FRA:RMO) Business Description

Traded in Other Exchanges
N/A
Address
Friesenstrasse 50, Cologne, DEU, 50670
RM Rheiner Management AG is active within the investment sector. The company focuses on special situations including structural measures of companies listed on the stock exchange.
Executives
Dr. Georg Issels Board of Directors

RM Rheiner Management AG (FRA:RMO) Headlines