RDCT (Redacted Industries) Cyclically Adjusted PB Ratio: (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Redacted Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Redacted Industries  (OTCPK:RDCT) 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.


Redacted Industries Cyclically Adjusted PB Ratio Related Terms


Redacted Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Redacted Industries'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.

Redacted Industries Cyclically Adjusted PB Ratio Chart

Redacted Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Redacted Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.00 0.00 0.00 0.00 0.00

RDCT vs BOTYD, BLMZF, WNLV: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Redacted Industries'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.


Redacted Industries Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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



Redacted Industries 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.

Redacted Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Redacted Industries's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-1.893/319.7990*319.7990
=-1.893

Current CPI (Mar. 2025) = 319.7990.

Redacted Industries Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.824 238.638 6.465
201509 0.179 237.945 0.241
201512 -8.494 236.525 -11.485
201603 -8.860 238.132 -11.899
201606 -12.419 241.018 -16.478
201609 -16.709 241.428 -22.133
201612 -22.256 241.432 -29.480
201703 -23.828 243.801 -31.256
201706 -25.817 244.955 -33.705
201709 -29.250 246.819 -37.899
201712 -27.778 246.524 -36.035
201803 -29.323 249.554 -37.577
201806 -18.792 251.989 -23.849
201809 -21.299 252.439 -26.982
201812 -28.752 251.233 -36.599
201903 -9.391 254.202 -11.814
201906 -7.720 256.143 -9.639
201909 -4.199 256.759 -5.230
201912 -3.674 256.974 -4.572
202003 -2.963 258.115 -3.671
202006 -2.871 257.797 -3.561
202009 -6.879 260.280 -8.452
202012 -5.107 260.474 -6.270
202103 -3.805 264.877 -4.594
202106 -1.829 271.696 -2.153
202109 -1.486 274.310 -1.732
202112 -1.484 278.802 -1.702
202203 -0.857 287.504 -0.953
202206 -0.880 296.311 -0.950
202209 -1.009 296.808 -1.087
202212 -2.891 296.797 -3.115
202303 -2.743 301.836 -2.906
202306 -2.646 305.109 -2.773
202309 -2.501 307.789 -2.599
202312 -1.866 306.746 -1.945
202403 -1.568 312.332 -1.605
202406 -1.632 314.175 -1.661
202409 -1.949 315.301 -1.977
202412 -1.835 315.605 -1.859
202503 -1.893 319.799 -1.893

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.


Redacted Industries Business Description

Address 104 West 29th Street, 11th Floor, New York, NY, USA, 10001
Redacted Industries Inc is a music technology company that utilizes its platforms to record live concerts and commercializes the content by making it immediately available for purchase through its website and the website at Set.fm, a technology platform that enables musical artists to capture, promote, and sell high-fidelity recordings instantly. Its technology provides an income source to artists and record labels from the recorded content. Additionally, it offers high-end collectible products such as CDs, USB drives, and laminates, which feature its fully mixed and mastered live concert content, through its exclusive partner DiscLive Network. Products are marketed through direct sales, strategic partners, and distribution channels.