GURUFOCUS.COM » STOCK LIST » Technology » Software » Marin Software Inc (NAS:MRIN) » Definitions » Cyclically Adjusted PB Ratio

Marin Software (Marin Software) Cyclically Adjusted PB Ratio : 0.04 (As of Apr. 30, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Marin Software Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Marin Software's current share price is $2.61. Marin Software's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $67.22. Marin Software's Cyclically Adjusted PB Ratio for today is 0.04.

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

MRIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.14   Max: 1.99
Current: 0.04

During the past years, Marin Software's highest Cyclically Adjusted PB Ratio was 1.99. The lowest was 0.02. And the median was 0.14.

MRIN's Cyclically Adjusted PB Ratio is ranked better than
98.61% of 1299 companies
in the Software industry
Industry Median: 2.56 vs MRIN: 0.04

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.

Marin Software's adjusted book value per share data for the three months ended in Dec. 2023 was $4.530. 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 $67.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marin Software Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marin Software'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.

Marin Software Cyclically Adjusted PB Ratio Chart

Marin Software 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 - 0.20 0.29 0.07 0.03

Marin Software 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 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 0.07 0.07 0.05 0.04 0.03

Competitive Comparison of Marin Software's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Marin Software'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.


Marin Software's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Marin Software's Cyclically Adjusted PB Ratio falls into.



Marin Software 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.

Marin Software's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.61/67.22
=0.04

* 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.

Marin Software's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Marin Software'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)
=4.53/129.4194*129.4194
=4.530

Current CPI (Dec. 2023) = 129.4194.

Marin Software Quarterly Data

Book Value per Share CPI Adj_Book
201403 138.450 99.695 179.730
201406 142.168 100.560 182.969
201409 133.642 100.428 172.222
201412 126.686 99.070 165.496
201503 120.709 99.621 156.815
201506 111.631 100.684 143.491
201509 104.707 100.392 134.983
201512 105.655 99.792 137.023
201603 103.672 100.470 133.543
201606 101.134 101.688 128.714
201609 99.514 101.861 126.437
201612 94.854 101.863 120.515
201703 88.868 102.862 111.812
201706 79.685 103.349 99.786
201709 73.170 104.136 90.935
201712 65.753 104.011 81.815
201803 61.885 105.290 76.068
201806 53.538 106.317 65.172
201809 32.001 106.507 38.885
201812 29.678 105.998 36.236
201903 25.519 107.251 30.794
201906 21.339 108.070 25.555
201909 18.860 108.329 22.532
201912 18.555 108.420 22.149
202003 15.459 108.902 18.372
202006 12.564 108.767 14.950
202009 9.116 109.815 10.743
202012 9.739 109.897 11.469
202103 9.229 111.754 10.688
202106 7.900 114.631 8.919
202109 19.647 115.734 21.970
202112 17.869 117.630 19.660
202203 17.416 121.301 18.582
202206 15.315 125.017 15.854
202209 13.243 125.227 13.686
202212 11.395 125.222 11.777
202303 9.735 127.348 9.893
202306 7.872 128.729 7.914
202309 6.161 129.860 6.140
202312 4.530 129.419 4.530

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.


Marin Software  (NAS:MRIN) 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.


Marin Software Cyclically Adjusted PB Ratio Related Terms

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


Marin Software (Marin Software) Business Description

Industry
Traded in Other Exchanges
Address
845 Market Street, Suite 450, San Francisco, CA, USA, 94103
Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.
Executives
Robert Bertz officer: CFO 123 MISSION STREET, 27TH FLOOR, SAN FRANCISCO CA 94105
Christopher A. Lien director, officer: Chief Executive Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Diena Lee Mann director C/O MARIN SOFTWARE INC., 123 MISSION ST, 25TH FLOOR, SAN FRANCISCO CA 94105
Brian K Kinion director C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Donald P. Hutchison director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94104
Wister Walcott officer: EVP, Products and Platform C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
L Gordon Crovitz director
Esw Capital, Llc 10 percent owner 401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Joseph Liemandt 10 percent owner 5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Yagnesh Patel officer: VP,InterimPrinFin&AcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bradley Kinnish officer: VP Finance, Acting CFO C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bruce Dunlevie director, 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Catriona M. Fallon officer: Chief Financial Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Jugnu Bhatia officer: Controller,InterimPrinAcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Parveen Nandal officer: VP Fin,InterimPrinFinanOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105