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SRAX (STU:19L) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is SRAX Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


SRAX Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SRAX'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.

SRAX Cyclically Adjusted PB Ratio Chart

SRAX Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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SRAX Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of SRAX's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, SRAX'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.


SRAX's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



SRAX 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.

SRAX's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, SRAX's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.031/125.2265*125.2265
=-0.031

Current CPI (Sep. 2022) = 125.2265.

SRAX Quarterly Data

Book Value per Share CPI Adj_Book
201212 -0.007 96.871 -0.009
201303 -0.107 98.209 -0.136
201306 -0.174 98.518 -0.221
201309 0.091 98.790 0.115
201312 0.568 98.326 0.723
201403 0.645 99.695 0.810
201406 0.513 100.560 0.639
201409 0.387 100.428 0.483
201412 0.859 99.070 1.086
201503 0.673 99.621 0.846
201506 0.745 100.684 0.927
201509 0.664 100.392 0.828
201512 0.633 99.792 0.794
201603 0.697 100.470 0.869
201606 0.996 101.688 1.227
201609 1.020 101.861 1.254
201612 1.203 101.863 1.479
201703 0.944 102.862 1.149
201706 0.855 103.349 1.036
201709 0.433 104.136 0.521
201712 0.504 104.011 0.607
201803 1.092 105.290 1.299
201806 0.970 106.317 1.143
201809 2.434 106.507 2.862
201812 1.226 105.998 1.448
201903 0.739 107.251 0.863
201906 0.662 108.070 0.767
201909 1.082 108.329 1.251
201912 0.804 108.420 0.929
202003 0.640 108.902 0.736
202006 1.002 108.767 1.154
202009 0.948 109.815 1.081
202012 0.979 109.897 1.116
202103 1.162 111.754 1.302
202106 1.031 114.631 1.126
202109 0.759 115.734 0.821
202112 0.706 117.630 0.752
202203 0.861 121.301 0.889
202206 0.031 125.017 0.031
202209 -0.031 125.227 -0.031

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.


SRAX  (STU:19L) 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.


SRAX Cyclically Adjusted PB Ratio Related Terms

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


SRAX (STU:19L) Business Description

Traded in Other Exchanges
N/A
Address
2629 Townsgate Road, Suite 215, Westlake Village, CA, USA, 91361
SRAX Inc is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track investors behavior and trends and use those insights to engage current and potential investors across marketing channels.

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