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Radient Technologies (STU:RD8) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Radient Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Radient Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Radient Technologies'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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Radient Technologies Cyclically Adjusted PB Ratio Chart

Radient Technologies Annual Data
Trend Dec13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PB Ratio
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Radient Technologies Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Radient Technologies's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Radient Technologies'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.


Radient Technologies's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Radient Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Radient Technologies 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.

Radient Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.019/120.9639*120.9639
=-0.019

Current CPI (Dec. 2022) = 120.9639.

Radient Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.409 97.103 0.510
201306 0.385 97.182 0.479
201309 0.367 97.419 0.456
201312 0.293 96.945 0.366
201403 -14.661 98.604 -17.986
201406 0.115 99.473 0.140
201409 0.082 99.394 0.100
201412 0.053 98.367 0.065
201503 -0.058 99.789 -0.070
201506 -0.064 100.500 -0.077
201509 -0.073 100.421 -0.088
201512 -0.075 99.947 -0.091
201603 -0.074 101.054 -0.089
201606 -0.075 102.002 -0.089
201609 -0.060 101.765 -0.071
201612 -0.013 101.449 -0.016
201703 0.020 102.634 0.024
201706 0.024 103.029 0.028
201709 0.024 103.345 0.028
201712 0.080 103.345 0.094
201803 0.072 105.004 0.083
201806 0.079 105.557 0.091
201809 0.146 105.636 0.167
201812 0.135 105.399 0.155
201903 0.125 106.979 0.141
201906 0.114 107.690 0.128
201909 0.102 107.611 0.115
201912 0.091 107.769 0.102
202003 0.044 107.927 0.049
202006 0.044 108.401 0.049
202009 0.036 108.164 0.040
202012 0.018 108.559 0.020
202103 -0.004 110.298 -0.004
202106 -0.007 111.720 -0.008
202109 -0.009 112.905 -0.010
202112 -0.012 113.774 -0.013
202203 -0.014 117.646 -0.014
202206 -0.016 120.806 -0.016
202209 -0.019 120.648 -0.019
202212 -0.019 120.964 -0.019

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.


Radient Technologies  (STU:RD8) 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.


Radient Technologies Cyclically Adjusted PB Ratio Related Terms

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Radient Technologies (STU:RD8) Business Description

Traded in Other Exchanges
N/A
Address
4035 101 St. NW, Edmonton, AB, CAN, T6E 0A4
Radient Technologies Inc is a Canadian company engaged in manufacturing cannabis derivatives, formulations, and products. It has developed its extraction process, Microwave Assisted Processing (MAP), which is used for producing a consistent product at industrial-scale quantities. It provides its customers and partners with white-label extracts, formulations, and finished products that contain a broad spectrum of cannabinoid and terpene profiles. While it operates in Canada and is building an additional facility in Germany. It operates in a single segment namely the production and sale of cannabis-related retail products.

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