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Route1 (Route1) Cyclically Adjusted PB Ratio : 0.91 (As of Jun. 21, 2024)


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What is Route1 Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Route1's current share price is $0.0365. Route1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.04. Route1's Cyclically Adjusted PB Ratio for today is 0.91.

The historical rank and industry rank for Route1's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROIUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 8.33   Max: 50
Current: 0.73

During the past years, Route1's highest Cyclically Adjusted PB Ratio was 50.00. The lowest was 0.40. And the median was 8.33.

ROIUF's Cyclically Adjusted PB Ratio is ranked better than
82.79% of 1424 companies
in the Software industry
Industry Median: 2.53 vs ROIUF: 0.73

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.

Route1's adjusted book value per share data for the three months ended in Mar. 2024 was $0.007. 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 $0.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Route1 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Route1'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.

Route1 Cyclically Adjusted PB Ratio Chart

Route1 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.25 33.63 7.98 1.19 0.63

Route1 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.49 0.84 0.62 0.63 1.15

Competitive Comparison of Route1's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Route1'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.


Route1's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Route1's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Route1's Cyclically Adjusted PB Ratio falls into.



Route1 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.

Route1's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0365/0.04
=0.91

* 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.

Route1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Route1's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.007/126.2576*126.2576
=0.007

Current CPI (Mar. 2024) = 126.2576.

Route1 Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.024 99.473 0.030
201409 0.028 99.394 0.036
201412 0.022 98.367 0.028
201503 0.033 99.789 0.042
201506 0.024 100.500 0.030
201509 0.025 100.421 0.031
201512 0.032 99.947 0.040
201603 0.029 101.054 0.036
201606 0.028 102.002 0.035
201609 0.034 101.765 0.042
201612 0.034 101.449 0.042
201703 0.041 102.634 0.050
201706 0.037 103.029 0.045
201709 0.034 103.345 0.042
201712 0.028 103.345 0.034
201803 0.047 105.004 0.057
201806 0.048 105.557 0.057
201809 0.050 105.636 0.060
201812 0.030 105.399 0.036
201903 0.018 106.979 0.021
201906 0.017 107.690 0.020
201909 0.010 107.611 0.012
201912 0.021 107.769 0.025
202003 0.019 107.927 0.022
202006 0.016 108.401 0.019
202009 0.001 108.164 0.001
202012 0.043 108.559 0.050
202103 0.049 110.298 0.056
202106 0.060 111.720 0.068
202109 0.059 112.905 0.066
202112 0.054 113.774 0.060
202203 0.055 117.646 0.059
202206 0.057 120.806 0.060
202209 0.061 120.648 0.064
202212 0.031 120.964 0.032
202303 0.026 122.702 0.027
202306 0.017 124.203 0.017
202309 0.015 125.230 0.015
202312 0.010 125.072 0.010
202403 0.007 126.258 0.007

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.


Route1  (OTCPK:ROIUF) 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.


Route1 Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Route1's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Route1 (Route1) Business Description

Industry
Traded in Other Exchanges
Address
8 King Street East, Suite 600, Toronto, ON, CAN, M5C 1B5
Route1 Inc is a company which delivers security and identity management solutions to enterprises including businesses, government, and military which requires universal, secure access to all digital resources and sensitive data. The company's solutions enable the workforce to be more productive and more flexible without compromising system access, data-at-rest, or data-in-use. Its suite of patented enterprise security solutions combines authentication, data security and secure communications with streamlined administration tools, running on a proven, trusted infrastructure. The company operates its business in US and Canada. Most of the company's revenue comes from the US.

Route1 (Route1) Headlines

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