RMNI (Rimini Street) Cyclically Adjusted PB Ratio: 1.22 (As of Jul. 27, 2026) — 85% Above Median

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RMNI Rimini Street Inc RMNI
61 GF Score
Price $4.67
GF Value $3.07
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Rimini Street Cyclically Adjusted PB Ratio?

Rimini Street RMNI +6.38% 61 Cyclically Adjusted PB Ratio is 1.22 as of Jul. 27, 2026, which is 85% above its 10-year median of 0.66. GuruFocus rates RMNI with a GF Score™ of 61/100 and a GF Value™ of $3.07 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,587 Software companies, Rimini Street ranks better than 70.2% on this metric.

As of today (2026-07-27), Rimini Street's current share price is $4.67. Rimini Street's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.84. Rimini Street's Cyclically Adjusted PB Ratio for today is 1.22.

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

RMNI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.66   Max: 1.23
Current: 1.14

During the past years, Rimini Street's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.32. And the median was 0.66.

RMNI's Cyclically Adjusted PB Ratio is ranked better than
70.2% of 1587 companies
in the Software industry
Industry Median: 2.24 vs RMNI: 1.14

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.

Rimini Street's adjusted book value per share data for the three months ended in Mar. 2026 was $-0.245. 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 $3.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rimini Street  (NAS:RMNI) 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.


Rimini Street Cyclically Adjusted PB Ratio Related Terms


Rimini Street Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rimini Street'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.

Rimini Street Cyclically Adjusted PB Ratio Chart

Rimini Street 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 0.00 0.00 0.00 0.34 0.80

Rimini Street Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.44 0.54 0.79 0.80 0.85

RMNI vs BLND, MFI, CRNC: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Rimini Street'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.


Rimini Street Cyclically Adjusted PB Ratio vs Software Industry

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

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


RMNI
61GF Score
Rimini Street Inc RMNI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rimini Street 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.

Rimini Street's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.67/3.84
=1.22

* 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.

Rimini Street's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Rimini Street's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.245/330.2130*330.2130
=-0.245

Current CPI (Mar. 2026) = 330.2130.

Rimini Street Quarterly Data

Book Value per Share CPI Adj_Book
201606 30.134 241.018 41.286
201609 29.859 241.428 40.840
201612 29.139 241.432 39.854
201703 29.056 243.801 39.355
201706 26.167 244.955 35.275
201709 26.015 246.819 34.805
201712 -3.546 246.524 -4.750
201803 -3.463 249.554 -4.582
201806 -3.831 251.989 -5.020
201809 -4.179 252.439 -5.467
201812 -3.511 251.233 -4.615
201903 -3.934 254.202 -5.110
201906 -3.859 256.143 -4.975
201909 -3.855 256.759 -4.958
201912 -3.298 256.974 -4.238
202003 -3.317 258.115 -4.244
202006 -3.305 257.797 -4.233
202009 -2.638 260.280 -3.347
202012 -2.658 260.474 -3.370
202103 -1.815 264.877 -2.263
202106 -1.823 271.696 -2.216
202109 -1.848 274.310 -2.225
202112 -0.923 278.802 -1.093
202203 -0.888 287.504 -1.020
202206 -0.874 296.311 -0.974
202209 -0.854 296.808 -0.950
202212 -0.872 296.797 -0.970
202303 -0.789 301.836 -0.863
202306 -0.697 305.109 -0.754
202309 -0.594 307.789 -0.637
202312 -0.441 306.746 -0.475
202403 -0.404 312.332 -0.427
202406 -0.398 314.175 -0.418
202409 -0.845 315.301 -0.885
202412 -0.762 315.605 -0.797
202503 -0.697 319.799 -0.720
202506 -0.314 322.561 -0.321
202509 -0.297 324.800 -0.302
202512 -0.295 324.054 -0.301
202603 -0.245 330.213 -0.245

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.

What does a Cyclically Adjusted PB Ratio of 1.22 mean?
Rimini Street (RMNI) has a Cyclically Adjusted PB Ratio of 1.22 as of Jul. 27, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Rimini Street and its competitors. This is 85% above median its historical median of 0.66. Over the past decade, Rimini Street's Cyclically Adjusted PB Ratio has ranged from 0.32 to 1.23. According to the industry distribution chart, Rimini Street ranks #473 out of 1587 companies in the Software industry, placing it in the top 29.8%.
Is Rimini Street's Cyclically Adjusted PB Ratio too high?
Rimini Street's current Cyclically Adjusted PB Ratio of 1.22 is 85% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.23. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Rimini Street's value of 1.22 is 45.5% below this industry median. Based on the distribution chart, Rimini Street ranks #473 out of 1587 companies in the Software industry, which is above the industry midpoint. Overall, Rimini Street has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rimini Street's Cyclically Adjusted PB Ratio compare to BLND and MFI?
According to the Software industry distribution chart, Rimini Street ranks #473 out of 1587 companies for Cyclically Adjusted PB Ratio. This puts Rimini Street in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Rimini Street's value of 1.22 is 45.5% below this benchmark. Historically, Rimini Street's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 1.23 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 2.24, Rimini Street has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,587 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rimini Street's current Cyclically Adjusted PB Ratio of 1.22 is 45.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Rimini Street and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rimini Street's current Cyclically Adjusted PB Ratio is 1.22, which is 85% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rimini Street stock overvalued right now?
Based on GuruFocus' analysis, Rimini Street (RMNI) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.07, compared to a current price of $4.67 — trading 52.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.22, which is 85% above median its 10-year median of 0.66 and 45.5% below the Software industry median of 2.24. Rimini Street's overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Rimini Street (RMNI), the current Cyclically Adjusted PB Ratio is 1.22 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rimini Street (RMNI) Overvalued in 2026?

Based on GuruFocus' analysis, Rimini Street stock appears to be overvalued. The current stock price of $4.67 is trading 52.1% above its estimated GF Value™ of $3.07. GuruFocus considers Rimini Street to be Significantly Overvalued.

Key valuation signals for RMNI:

  • Cyclically Adjusted PB Ratio: 1.22 (85% above median its 10-year median of 0.66)
  • GF Value™: $3.07 vs. price of $4.67 (52.1% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 45.5% below the Software median (#473 of 1587)

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


Rimini Street Business Description

Other Exchanges 0QH:Germany
Address 1700 South Pavilion Center Drive, Suite 330, Las Vegas, NV, USA, 89135
Rimini Street Inc and its subsidiaries are providers of end-to-end enterprise software support, products, and services. The company offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize clients' enterprise applications, databases, and technology software platforms. The company derives revenues from clients by providing subscription support services for enterprise resource planning, customer relationship management, product lifecycle management, database, and technology software systems. Geographically, the company generates its revenue from the United States of America and the International market.
61GF Score

Get the complete analysis for RMNI

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

$4.67
Price
$3.07
GF Value