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RAM Active Media (LSE:RAM) Cyclically Adjusted PB Ratio : (As of Jun. 15, 2024)


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What is RAM Active Media Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RAM Active Media Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RAM Active Media'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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RAM Active Media Cyclically Adjusted PB Ratio Chart

RAM Active Media Annual Data
Trend May03 May04 May05 May06 May07 May08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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RAM Active Media Semi-Annual Data
Nov02 May03 Nov03 May04 Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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Competitive Comparison of RAM Active Media's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, RAM Active Media'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.


RAM Active Media's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, RAM Active Media's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where RAM Active Media's Cyclically Adjusted PB Ratio falls into.



RAM Active Media 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.

RAM Active Media's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec12 is calculated as:

For example, RAM Active Media's adjusted Book Value per Share data for the fiscal year that ended in Dec12 was:

Adj_Book=Book Value per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=-0.008/97.3000*97.3000
=-0.008

Current CPI (Dec12) = 97.3000.

RAM Active Media Annual Data

Book Value per Share CPI Adj_Book
200305 0.000 76.800 0.000
200405 0.848 77.900 1.059
200505 0.416 79.400 0.510
200605 -0.370 81.300 -0.443
200705 0.424 83.300 0.495
200805 -0.835 86.100 -0.944
200912 0.561 88.900 0.614
201012 0.011 91.700 0.012
201112 0.018 95.000 0.018
201212 -0.008 97.300 -0.008

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.


RAM Active Media  (LSE:RAM) 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.


RAM Active Media Cyclically Adjusted PB Ratio Related Terms

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RAM Active Media (LSE:RAM) Business Description

Traded in Other Exchanges
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Address
RAM Active Media PLC is incorporated and domiciled in United Kingdom. The Company and its subsidiaries operate in the passenger information and communications systems and Digital out of Home advertising markets. It focuses on digital communication opportunities within the railway and the shopping mall sector within the UK.