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Network-1 Technologies (LTS:0K6P) Cyclically Adjusted PB Ratio : 0.84 (As of Jun. 05, 2024)


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What is Network-1 Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Network-1 Technologies's current share price is $2.269. Network-1 Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.70. Network-1 Technologies's Cyclically Adjusted PB Ratio for today is 0.84.

The historical rank and industry rank for Network-1 Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0K6P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.01   Max: 5.33
Current: 0.71

During the past years, Network-1 Technologies's highest Cyclically Adjusted PB Ratio was 5.33. The lowest was 0.71. And the median was 2.01.

LTS:0K6P's Cyclically Adjusted PB Ratio is ranked better than
75.33% of 673 companies
in the Business Services industry
Industry Median: 1.6 vs LTS:0K6P: 0.71

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.

Network-1 Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was $2.056. 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 $2.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Network-1 Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Network-1 Technologies'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.

Network-1 Technologies Cyclically Adjusted PB Ratio Chart

Network-1 Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 2.05 1.38 0.97 0.91

Network-1 Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.93 0.98 0.98 0.91 0.84

Competitive Comparison of Network-1 Technologies's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Network-1 Technologies'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.


Network-1 Technologies's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Network-1 Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Network-1 Technologies's Cyclically Adjusted PB Ratio falls into.



Network-1 Technologies 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.

Network-1 Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.269/2.7
=0.84

* 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.

Network-1 Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Network-1 Technologies'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)
=2.056/131.7762*131.7762
=2.056

Current CPI (Mar. 2024) = 131.7762.

Network-1 Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.181 100.560 1.548
201409 1.174 100.428 1.540
201412 1.110 99.070 1.476
201503 1.139 99.621 1.507
201506 1.116 100.684 1.461
201509 1.134 100.392 1.489
201512 1.236 99.792 1.632
201603 1.398 100.470 1.834
201606 1.751 101.688 2.269
201609 2.223 101.861 2.876
201612 2.227 101.863 2.881
201703 2.268 102.862 2.906
201706 2.315 103.349 2.952
201709 2.297 104.136 2.907
201712 2.282 104.011 2.891
201803 2.594 105.290 3.247
201806 2.553 106.317 3.164
201809 2.473 106.507 3.060
201812 2.452 105.998 3.048
201903 2.397 107.251 2.945
201906 2.341 108.070 2.855
201909 2.267 108.329 2.758
201912 2.226 108.420 2.706
202003 2.114 108.902 2.558
202006 2.099 108.767 2.543
202009 2.107 109.815 2.528
202012 2.039 109.897 2.445
202103 2.383 111.754 2.810
202106 2.350 114.631 2.701
202109 2.575 115.734 2.932
202112 2.529 117.630 2.833
202203 2.412 121.301 2.620
202206 2.353 125.017 2.480
202209 2.402 125.227 2.528
202212 2.309 125.222 2.430
202303 2.228 127.348 2.305
202306 2.212 128.729 2.264
202309 2.131 129.860 2.162
202312 2.152 129.419 2.191
202403 2.056 131.776 2.056

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.


Network-1 Technologies  (LTS:0K6P) 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.


Network-1 Technologies Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Network-1 Technologies's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Network-1 Technologies (LTS:0K6P) Business Description

Traded in Other Exchanges
Address
65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840
Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current strategy includes continuing to pursue licensing opportunities for its intellectual property assets.

Network-1 Technologies (LTS:0K6P) Headlines

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