GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Radiant Logistics Inc (AMEX:RLGT) » Definitions » Cyclically Adjusted Book per Share

Radiant Logistics (Radiant Logistics) Cyclically Adjusted Book per Share : $3.23 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Radiant Logistics Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Radiant Logistics's adjusted book value per share for the three months ended in Dec. 2023 was $4.409. 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 $3.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Radiant Logistics's average Cyclically Adjusted Book Growth Rate was -91.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Radiant Logistics was 6.70% per year. The lowest was 2.50% per year. And the median was 3.10% per year.

As of today (2024-04-27), Radiant Logistics's current stock price is $5.13. Radiant Logistics's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.23. Radiant Logistics's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Radiant Logistics was 2.06. The lowest was 0.08. And the median was 0.17.


Radiant Logistics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Radiant Logistics's Cyclically Adjusted Book per Share 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.

Radiant Logistics Cyclically Adjusted Book per Share Chart

Radiant Logistics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.87 32.34 34.38 37.83 39.33

Radiant Logistics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 38.08 38.82 39.33 39.77 3.23

Competitive Comparison of Radiant Logistics's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Radiant Logistics'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.


Radiant Logistics's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Radiant Logistics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Radiant Logistics Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Radiant Logistics's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.409/129.4194*129.4194
=4.409

Current CPI (Dec. 2023) = 129.4194.

Radiant Logistics Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.152 99.695 1.495
201406 1.191 100.560 1.533
201409 1.221 100.428 1.573
201412 1.243 99.070 1.624
201503 1.269 99.621 1.649
201506 1.984 100.684 2.550
201509 2.543 100.392 3.278
201512 2.510 99.792 3.255
201603 2.453 100.470 3.160
201606 2.438 101.688 3.103
201609 2.474 101.861 3.143
201612 2.530 101.863 3.214
201703 2.537 102.862 3.192
201706 2.514 103.349 3.148
201709 2.512 104.136 3.122
201712 2.592 104.011 3.225
201803 2.605 105.290 3.202
201806 2.701 106.317 3.288
201809 2.709 106.507 3.292
201812 2.411 105.998 2.944
201903 2.472 107.251 2.983
201906 2.562 108.070 3.068
201909 2.617 108.329 3.126
201912 2.664 108.420 3.180
202003 2.677 108.902 3.181
202006 2.772 108.767 3.298
202009 2.784 109.815 3.281
202012 2.904 109.897 3.420
202103 3.010 111.754 3.486
202106 3.230 114.631 3.647
202109 3.325 115.734 3.718
202112 3.421 117.630 3.764
202203 3.728 121.301 3.978
202206 3.988 125.017 4.128
202209 4.071 125.227 4.207
202212 4.174 125.222 4.314
202303 4.274 127.348 4.344
202306 4.332 128.729 4.355
202309 4.361 129.860 4.346
202312 4.409 129.419 4.409

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Radiant Logistics  (AMEX:RLGT) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Radiant Logistics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.13/3.23
=1.59

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Radiant Logistics was 2.06. The lowest was 0.08. And the median was 0.17.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Radiant Logistics Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Radiant Logistics's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Radiant Logistics (Radiant Logistics) Business Description

Industry
Traded in Other Exchanges
Address
Triton Tower Two, 700 S Renton Village Place, Seventh Floor, Renton, WA, USA, 98057
Radiant Logistics Inc operates as a third-party logistics company, providing multi-modal transportation and logistics services to customers based in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services and freight brokerage services including truckload services, less-than-truckload (LTL) services, and intermodal services. The company has two geographic operating segments: the United States and Canada. Maximum revenue is generated in the United States.
Executives
Arnold Goldstein officer: Chief Commercial Officer 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Smith Kristin Elisabeth Toth director 700 S. RENTON VILLAGE PLACE, TRITON TOWERS TWO, SEVENTH FLOOR, RENTON WA 98057
Todd Macomber officer: Chief Accounting Officer 4313 107TH PLACE NE, KIRKLAND WA 98033
E Joseph Bento officer: COO, Radiant Global Logistics 15350 VICKERY DR, HOUSTON TX 77032
John Sobba officer: General Counsel 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Bohn H Crain director, 10 percent owner, officer: Chief Executive Officer 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Michael E Gould director 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Stephen P Harrington director 111 PRESIDENTIAL BOULEVARD, SUITE 158 A, BALA CYNWYD PA 19004
Hines Robert L. Jr. officer: SVP/General Counsel/Secretary C/O RADIANT LOGISTICS, INC., 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Richard P Palmieri director C/O RADIANT LOGISTICS INC., 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Peter C Jamieson officer: SVP Country Manager Canada 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE NJ 98004
Tim Boyce officer: COO Rail and Truck Brokerage 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Jack P Edwards director 24624 SE OLD BLACK NUGGET ROAD, ISSAQUAH WA 98029
Alesia Lee Pinney officer: General Counsel/Secretary AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Douglas Tabor 10 percent owner 401 N. CARROLL #194, SOUTHLAKE TX 76092