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RCM Technologies (RCM Technologies) Cyclically Adjusted PB Ratio : 5.65 (As of Apr. 27, 2024)


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What is RCM Technologies Cyclically Adjusted PB Ratio?

As of today (2024-04-27), RCM Technologies's current share price is $18.97. RCM Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.36. RCM Technologies's Cyclically Adjusted PB Ratio for today is 5.65.

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

RCMT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.01   Max: 9.39
Current: 5.63

During the past years, RCM Technologies's highest Cyclically Adjusted PB Ratio was 9.39. The lowest was 0.27. And the median was 1.01.

RCMT's Cyclically Adjusted PB Ratio is ranked worse than
93.99% of 416 companies
in the Conglomerates industry
Industry Median: 0.925 vs RCMT: 5.63

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.

RCM Technologies's adjusted book value per share data for the three months ended in Dec. 2023 was $3.288. 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 $3.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RCM Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RCM 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.

* Premium members only.

RCM Technologies Cyclically Adjusted PB Ratio Chart

RCM Technologies 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 0.70 0.53 1.91 3.43 8.65

RCM Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.43 3.23 5.23 5.66 8.65

Competitive Comparison of RCM Technologies's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, RCM 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.


RCM Technologies's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, RCM Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



RCM 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.

RCM Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.97/3.36
=5.65

* 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.

RCM Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, RCM Technologies'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)
=3.288/129.4194*129.4194
=3.288

Current CPI (Dec. 2023) = 129.4194.

RCM Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.025 99.695 6.523
201406 5.203 100.560 6.696
201409 5.355 100.428 6.901
201412 3.383 99.070 4.419
201503 3.389 99.621 4.403
201506 3.491 100.684 4.487
201509 3.485 100.392 4.493
201512 2.577 99.792 3.342
201603 2.680 100.470 3.452
201606 2.760 101.688 3.513
201609 2.760 101.861 3.507
201612 2.615 101.863 3.322
201703 2.667 102.862 3.356
201706 2.693 103.349 3.372
201709 2.831 104.136 3.518
201712 1.807 104.011 2.248
201803 1.905 105.290 2.342
201806 1.938 106.317 2.359
201809 2.009 106.507 2.441
201812 2.132 105.998 2.603
201903 2.259 107.251 2.726
201906 2.369 108.070 2.837
201909 2.397 108.329 2.864
201912 2.492 108.420 2.975
202003 2.022 108.902 2.403
202006 2.078 108.767 2.473
202009 2.061 109.815 2.429
202012 1.927 109.897 2.269
202103 1.996 111.754 2.312
202106 2.067 114.631 2.334
202109 2.262 115.734 2.529
202112 2.523 117.630 2.776
202203 2.991 121.301 3.191
202206 3.581 125.017 3.707
202209 3.683 125.227 3.806
202212 3.442 125.222 3.557
202303 3.219 127.348 3.271
202306 2.543 128.729 2.557
202309 2.706 129.860 2.697
202312 3.288 129.419 3.288

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.


RCM Technologies  (NAS:RCMT) 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.


RCM Technologies Cyclically Adjusted PB Ratio Related Terms

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


RCM Technologies (RCM Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2500 McClellan Avenue, Suite 350, Pennsauken, NJ, USA, 08109-4613
RCM Technologies Inc is a provider of business and technology solutions designed to enhance and maximize the operational performance of its customers. It operates in three segments: Engineering, which provides a comprehensive portfolio of engineering and design services across three verticals: Energy Services, Process & Industrial, and Aerospace; Information Technology; and Specialty Health Care Services, engaged in providing the staffing of health care professionals, primarily health information management professionals, nurses, paraprofessionals, physicians, and therapists. The company generates maximum revenue from the Specialty Health Care segment. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada, Puerto Rico, and Serbia.
Executives
Kevin D Miller officer: Chief Financial Officer 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Bradley Vizi 10 percent owner 10390 WILSHIRE BLVD, SUITE 406, LOS ANGELES CA 90024
Michael Saks other: Sr. Vice President 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Chigozie Obinna Amadi director 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Roger H Ballou 10 percent owner, other: See Explanation C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Richard A. Genovese director 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Jayanth Sree Komarneni director 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Swarna Srinivas Kakodkar director 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Michael Edward Boyle officer: Division President, IT Srvs. 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Harvest Financial Corporation other: See Explanation 1055 LPL WAY, 223 FOURTH AVENUE, FORT MILL SC 29715
Petraglia Frank William Jr officer: Sr. Vice President 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Irs Partnership No. 19, L.p. 10 percent owner 515 S. FIGUEROA STREET, SUITE 1050, LOS ANGELES CA 90071
Danny A. White officer: Sr. Vice President 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Maier O Fein director 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Michael O'connell 10 percent owner 515 S. FIGUEROA STREET, SUITE 1050, LOS ANGELES CA 90071

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