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Baijiayun Group (Baijiayun Group) Cyclically Adjusted PB Ratio : 0.13 (As of Apr. 27, 2024)


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What is Baijiayun Group Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Baijiayun Group's current share price is $1.34. Baijiayun Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $10.62. Baijiayun Group's Cyclically Adjusted PB Ratio for today is 0.13.

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

RTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.16   Max: 0.78
Current: 0.13

During the past 13 years, Baijiayun Group's highest Cyclically Adjusted PB Ratio was 0.78. The lowest was 0.06. And the median was 0.16.

RTC's Cyclically Adjusted PB Ratio is ranked better than
96.2% of 1288 companies
in the Software industry
Industry Median: 2.495 vs RTC: 0.13

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.

Baijiayun Group's adjusted book value per share data of for the fiscal year that ended in Jun23 was $0.933. 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 $10.62 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baijiayun Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Baijiayun Group'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.

Baijiayun Group Cyclically Adjusted PB Ratio Chart

Baijiayun Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.65 0.48 0.40 0.77

Baijiayun Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.69 0.48 0.40 0.59 0.77

Competitive Comparison of Baijiayun Group's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Baijiayun Group'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.


Baijiayun Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Baijiayun Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Baijiayun Group 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.

Baijiayun Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.34/10.62
=0.13

* 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.

Baijiayun Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Baijiayun Group's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.933/114.5578*114.5578
=0.933

Current CPI (Jun23) = 114.5578.

Baijiayun Group Annual Data

Book Value per Share CPI Adj_Book
201412 19.199 99.000 22.216
201512 15.080 100.600 17.172
201612 11.695 102.600 13.058
201712 10.366 104.500 11.364
201812 8.761 106.500 9.424
201912 9.111 111.200 9.386
202012 10.677 111.500 10.970
202112 15.229 113.108 15.424
202206 -3.707 114.558 -3.707
202306 0.933 114.558 0.933

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.


Baijiayun Group  (NAS:RTC) 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.


Baijiayun Group Cyclically Adjusted PB Ratio Related Terms

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


Baijiayun Group (Baijiayun Group) Business Description

Industry
Traded in Other Exchanges
Address
No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000
Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.