Red Star Express (NSA:RSE) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)

Red Star Express Cyclically Adjusted PB Ratio Chart

Competitive Comparison of Red Star Express's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, Red Star Express'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.

Red Star Express's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Red Star Express's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

Red Star Express 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.

Red Star Express does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Red Star Express  (NSA:RSE) 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.

Red Star Express Cyclically Adjusted PB Ratio Related Terms

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Red Star Express (NSA:RSE) Business Description