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RONN (RONN) Cyclically Adjusted PB Ratio : (As of Sep. 27, 2024)


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What is RONN Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RONN Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RONN'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.

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RONN Cyclically Adjusted PB Ratio Chart

RONN Annual Data
Trend Sep94 Sep95 Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03
Cyclically Adjusted PB Ratio
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RONN Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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Competitive Comparison of RONN's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, RONN'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.


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

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

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



RONN 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.

RONN's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2005 is calculated as:

For example, RONN's adjusted Book Value per Share data for the three months ended in Jun. 2005 was:

Adj_Book=Book Value per Share/CPI of Jun. 2005 (Change)*Current CPI (Jun. 2005)
=-1.413/82.0616*82.0616
=-1.413

Current CPI (Jun. 2005) = 82.0616.

RONN Quarterly Data

Book Value per Share CPI Adj_Book
199306 0.532 60.924 0.717
199309 0.435 61.219 0.583
199312 0.339 61.515 0.452
199403 0.339 62.105 0.448
199406 0.339 62.443 0.446
199409 0.266 63.034 0.346
199412 0.290 63.160 0.377
199503 0.193 63.877 0.248
199506 0.169 64.341 0.216
199509 -0.041 64.637 -0.052
199512 -0.048 64.763 -0.061
199603 -0.121 65.692 -0.151
199606 -0.145 66.113 -0.180
199609 -0.276 66.578 -0.340
199709 -0.269 68.012 -0.325
199809 -0.508 69.025 -0.604
199909 -0.629 70.839 -0.729
199912 -0.629 71.008 -0.727
200003 -0.632 72.231 -0.718
200006 -0.629 72.737 -0.710
200009 -0.635 73.286 -0.711
200012 -0.632 73.413 -0.706
200103 -0.628 74.341 -0.693
200106 -0.624 75.100 -0.682
200109 -0.623 75.227 -0.680
200112 -0.621 74.552 -0.684
200203 -0.623 75.438 -0.678
200206 -0.663 75.902 -0.717
200209 -0.843 76.366 -0.906
200212 -0.840 76.324 -0.903
200303 -0.857 77.716 -0.905
200306 -0.910 77.505 -0.963
200309 -1.110 78.138 -1.166
200312 -1.108 77.758 -1.169
200403 -1.223 79.066 -1.269
200406 -1.328 80.037 -1.362
200409 -1.408 80.121 -1.442
200412 -1.387 80.290 -1.418
200503 -1.412 81.555 -1.421
200506 -1.413 82.062 -1.413

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.


RONN  (OTCPK:RONN) 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.


RONN Cyclically Adjusted PB Ratio Related Terms

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RONN Business Description

Industry
Traded in Other Exchanges
N/A
Address
11 N Water Street, Mobile, AL, USA, 36602
RONN Inc Formerly Lee Pharmaceuticals Inc is a developer of health and fitness related mobile applications to be used on PC and mobile devices. These applications will be offered through the Google Play Store and the Apple App Store. It is developing its mobile applications on behalf of a health care provider, health plan, or any HIPAA covered entities. The firm's Green Living Lifestyle Nutrition App encourage health and wellness through green options and alternative health strategies.