RDI (Reading International) Cyclically Adjusted PB Ratio: (As of Aug. 17, 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.

RDI Reading International Inc RDI
54 GF Score
Price $1.75
GF Value $1.54
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Reading International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Reading International  (NAS:RDI) 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.


Reading International Cyclically Adjusted PB Ratio Related Terms


Reading International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Reading International'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.

Reading International Cyclically Adjusted PB Ratio Chart

Reading International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.41 0.29 0.22 0.20

Reading International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.23 0.26 0.20 0.22 0.00

RDI vs GAIA, CRSF, CNVS: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Reading International'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.


Reading International Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


RDI
54GF Score
Reading International Inc RDI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reading International 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.

Reading International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Reading International's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.979/333.9520*333.9520
=-0.979

Current CPI (Jun. 2026) = 333.9520.

Reading International Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.504 241.428 8.997
201612 6.135 241.432 8.486
201703 6.495 243.801 8.897
201706 7.371 244.955 10.049
201709 7.461 246.819 10.095
201712 7.731 246.524 10.473
201803 7.803 249.554 10.442
201806 7.689 251.989 10.190
201809 7.625 252.439 10.087
201812 7.678 251.233 10.206
201903 7.661 254.202 10.064
201906 7.624 256.143 9.940
201909 7.223 256.759 9.395
201912 6.214 256.974 8.075
202003 5.212 258.115 6.743
202006 4.671 257.797 6.051
202009 3.968 260.280 5.091
202012 3.576 260.474 4.585
202103 4.337 264.877 5.468
202106 5.324 271.696 6.544
202109 4.704 274.310 5.727
202112 4.743 278.802 5.681
202203 4.211 287.504 4.891
202206 3.692 296.311 4.161
202209 3.109 296.808 3.498
202212 2.845 296.797 3.201
202303 2.288 301.836 2.531
202306 2.130 305.109 2.331
202309 1.886 307.789 2.046
202312 1.481 306.746 1.612
202403 0.805 312.332 0.861
202406 0.446 314.175 0.474
202409 0.231 315.301 0.245
202412 -0.195 315.605 -0.206
202503 -0.360 319.799 -0.376
202506 -0.338 322.561 -0.350
202509 -0.531 324.800 -0.546
202512 -0.803 324.054 -0.828
202603 -1.124 330.213 -1.137
202606 -0.979 333.952 -0.979

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.

Is Reading International (RDI) Overvalued in 2026?

Based on GuruFocus' analysis, Reading International stock appears to be overvalued. The current stock price of $1.75 is trading 13.6% above its estimated GF Value™ of $1.54. GuruFocus considers Reading International to be Modestly Overvalued.

Key valuation signals for RDI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $1.54 vs. price of $1.75 (13.6% above fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the RDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reading International Business Description

Other Exchanges RDIB:USA
Address 189 Second Avenue, Suite 2S, New York, NY, USA, 10003
Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial and live theater assets.
54GF Score

Get the complete analysis for RDI

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.75
Price
$1.54
GF Value