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RIT Technologies (RIT Technologies) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is RIT Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RIT Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RIT 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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RIT Technologies Cyclically Adjusted PB Ratio Chart

RIT Technologies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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RIT Technologies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of RIT Technologies's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, RIT 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.


RIT Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



RIT 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.

RIT Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, RIT Technologies's adjusted Book Value per Share data for the three months ended in Sep. 2015 was:

Adj_Book=Book Value per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.343/100.3915*100.3915
=0.343

Current CPI (Sep. 2015) = 100.3915.

RIT Technologies Quarterly Data

Book Value per Share CPI Adj_Book
200512 6.946 83.032 8.398
200603 6.572 84.298 7.827
200606 6.292 85.606 7.379
200609 6.223 85.606 7.298
200612 6.102 85.142 7.195
200703 5.744 86.640 6.656
200706 4.834 87.906 5.521
200709 3.290 87.964 3.755
200712 3.440 88.616 3.897
200803 2.881 90.090 3.210
200806 2.657 92.320 2.889
200809 3.856 92.307 4.194
200812 3.596 88.697 4.070
200903 2.868 89.744 3.208
200906 2.362 91.003 2.606
200909 1.780 91.120 1.961
200912 1.176 91.111 1.296
201003 0.799 91.821 0.874
201006 0.950 91.962 1.037
201009 0.945 92.162 1.029
201012 0.738 92.474 0.801
201103 0.747 94.283 0.795
201106 0.804 95.235 0.848
201109 0.620 95.727 0.650
201112 0.967 95.213 1.020
201203 0.425 96.783 0.441
201206 -0.050 96.819 -0.052
201209 0.000 97.633 0.000
201212 0.298 96.871 0.309
201303 0.515 98.209 0.526
201306 0.549 98.518 0.559
201309 0.431 98.790 0.438
201312 0.582 98.326 0.594
201403 0.451 99.695 0.454
201406 0.271 100.560 0.271
201409 0.448 100.428 0.448
201412 0.253 99.070 0.256
201503 0.261 99.621 0.263
201506 0.335 100.684 0.334
201509 0.343 100.392 0.343

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.


RIT Technologies  (OTCPK:RITT) 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.


RIT Technologies Cyclically Adjusted PB Ratio Related Terms

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RIT Technologies (RIT Technologies) Business Description

Traded in Other Exchanges
N/A
Address
24 Raoul Wallenberg Street, Tel Aviv, ISR, 69719
RIT Technologies Ltd provides Intelligent Infrastructure Management solutions and develops indoor optical wireless technology solutions. The company's products include PatchView that provides security and network utilization for data centers, communication rooms and work space environments; and Beamcaster that provides IWON technology solutions mainly for open-space offices. Its Intelligent Infrastructure Management solutions are deployed in various organizations including data centers in the private sector, government agencies, financial institutions, airport authorities, healthcare and education institutions.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

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