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RealNetworks (RealNetworks) Cyclically Adjusted PB Ratio : 0.19 (As of May. 29, 2024)


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What is RealNetworks Cyclically Adjusted PB Ratio?

As of today (2024-05-29), RealNetworks's current share price is $0.73. RealNetworks's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was $3.91. RealNetworks's Cyclically Adjusted PB Ratio for today is 0.19.

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

RNWK's Cyclically Adjusted PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.58
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

RealNetworks's adjusted book value per share data for the three months ended in Sep. 2022 was $0.595. 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 $3.91 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


RealNetworks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RealNetworks'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.

RealNetworks Cyclically Adjusted PB Ratio Chart

RealNetworks Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.31 0.19 0.30 0.22

RealNetworks Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.35 0.22 0.13 0.15 0.18

Competitive Comparison of RealNetworks's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, RealNetworks'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.


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

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

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



RealNetworks 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.

RealNetworks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.73/3.91
=0.19

* 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.

RealNetworks's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, RealNetworks's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.595/125.2265*125.2265
=0.595

Current CPI (Sep. 2022) = 125.2265.

RealNetworks Quarterly Data

Book Value per Share CPI Adj_Book
201212 9.702 96.871 12.542
201303 9.443 98.209 12.041
201306 8.844 98.518 11.242
201309 8.005 98.790 10.147
201312 7.507 98.326 9.561
201403 7.226 99.695 9.077
201406 6.674 100.560 8.311
201409 6.050 100.428 7.544
201412 5.463 99.070 6.905
201503 4.800 99.621 6.034
201506 4.109 100.684 5.111
201509 3.519 100.392 4.390
201512 3.325 99.792 4.172
201603 2.960 100.470 3.689
201606 2.742 101.688 3.377
201609 2.697 101.861 3.316
201612 2.362 101.863 2.904
201703 2.205 102.862 2.684
201706 2.166 103.349 2.625
201709 2.070 104.136 2.489
201712 2.120 104.011 2.552
201803 2.032 105.290 2.417
201806 1.818 106.317 2.141
201809 1.681 106.507 1.976
201812 1.507 105.998 1.780
201903 1.541 107.251 1.799
201906 1.298 108.070 1.504
201909 1.157 108.329 1.337
201912 1.014 108.420 1.171
202003 1.140 108.902 1.311
202006 1.028 108.767 1.184
202009 0.953 109.815 1.087
202012 1.201 109.897 1.369
202103 0.942 111.754 1.056
202106 1.188 114.631 1.298
202109 1.025 115.734 1.109
202112 0.975 117.630 1.038
202203 0.869 121.301 0.897
202206 0.748 125.017 0.749
202209 0.595 125.227 0.595

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.


RealNetworks  (NAS:RNWK) 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.


RealNetworks Cyclically Adjusted PB Ratio Related Terms

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


RealNetworks (RealNetworks) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1501 First Avenue South, Suite 600, Seattle, WA, USA, 98134
RealNetworks Inc creates a new generation of products that employ artificial intelligence and machine learning to enhance and secure daily lives. Real's portfolio includes SAFR, the computer vision platform for live video; KONTXT, an NLP (Natural Language Processing) platform for text and multi-media analysis; and leveraging its digital media expertise, a mobile games business focused on the large free-to-play segment.
Executives
Brian Mccain officer: CFO 1501 1ST AVENUE S, STE 600, SEATTLE WA 98134
Caldwell Mill Opportunity Fund, Llc 10 percent owner 2609 CALDWELL MILL LANE, BIRMINGHAM AL 35243
Satterfield Thomas A Jr 10 percent owner 2609 CALDWELL MILL LN, BIRMINGHAM AL 35243
A. G. Family L.p. 10 percent owner 571 MCDONALD ROAD, ROCKWALL TX 75032
Tomsat Investment & Trading Co., Inc. 10 percent owner 15 COLLEY COVE DRIVE, GULF BREEZE FL 32561
Rebecca S Satterfield 10 percent owner 15 COLLEY COVE DRIVE, GULF BREEZE FL 32561
Michael A Cooley officer: President, Messaging 1501 1ST AVENUE S, STE. 600, SEATTLE WA 98134
Christine Chambers officer: CFO 1501 1ST AVENUE SOUTH, STE. 600, SEATTLE WA 98134
Judd Lee officer: Chief Financial Officer 1501 1ST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Michael Ensing officer: Interim CFO 1501 1ST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Erik Prusch director C/O CLEARWIRE CORPORATION, 4400 CARILLON POINT, KIRKLAND WA 98033
Michael Parham officer: SVP General Counsel 2601 ELLIOTT AVE, SEATTLE WA 98121
Massimiliano Pellegrini officer: Pres, Mobile Entertainment C/O REALNETWORKS, INC., 2601 ELLIOTT AVE., SEATTLE WA 98121
Robert Glaser director, 10 percent owner, officer: Chairman and CEO 1111 THIRD AVENUE, SUITE 2900, SEATLE WA 98101
Cary Baker officer: SVP, CFO & Treasurer 1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134