GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » React Gaming Group Inc (OTCPK:ITMZF) » Definitions » Cyclically Adjusted Book per Share

React Gaming Group (React Gaming Group) Cyclically Adjusted Book per Share : $0.01 (As of Sep. 2022)


View and export this data going back to 2015. Start your Free Trial

What is React Gaming Group 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.

React Gaming Group's adjusted book value per share for the three months ended in Sep. 2022 was $0.044. 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 $0.01 for the trailing ten years ended in Sep. 2022.

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.

As of today (2024-06-08), React Gaming Group's current stock price is $0.0022. React Gaming Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was $0.01. React Gaming Group's Cyclically Adjusted PB Ratio of today is 0.22.


React Gaming Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for React Gaming Group'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.

React Gaming Group Cyclically Adjusted Book per Share Chart

React Gaming Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.02

React Gaming Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.02 0.02 0.02 0.01 0.01

Competitive Comparison of React Gaming Group's Cyclically Adjusted Book per Share

For the Gambling subindustry, React Gaming 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.


React Gaming Group's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, React Gaming Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



React Gaming Group 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, React Gaming Group's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book= Book Value per Share /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.044/120.6479*120.6479
=0.044

Current CPI (Sep. 2022) = 120.6479.

React Gaming Group Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.001 95.760 0.001
201303 0.005 97.103 0.006
201306 0.000 97.182 0.000
201309 0.000 97.419 0.000
201312 -0.011 96.945 -0.014
201403 0.008 98.604 0.010
201406 0.009 99.473 0.011
201409 0.047 99.394 0.057
201412 0.040 98.367 0.049
201503 0.051 99.789 0.062
201506 0.047 100.500 0.056
201509 0.037 100.421 0.044
201512 0.030 99.947 0.036
201603 0.026 101.054 0.031
201606 0.024 102.002 0.028
201609 0.023 101.765 0.027
201612 0.015 101.449 0.018
201703 0.016 102.634 0.019
201706 0.012 103.029 0.014
201709 0.010 103.345 0.012
201712 -0.003 103.345 -0.004
201803 0.001 105.004 0.001
201806 -0.003 105.557 -0.003
201809 -0.005 105.636 -0.006
201812 -0.013 105.399 -0.015
201903 -0.005 106.979 -0.006
201906 -0.006 107.690 -0.007
201909 0.001 107.611 0.001
201912 0.005 107.769 0.006
202003 0.000 107.927 0.000
202006 -0.004 108.401 -0.004
202009 -0.006 108.164 -0.007
202012 0.002 108.559 0.002
202103 0.028 110.298 0.031
202106 0.028 111.720 0.030
202109 0.025 112.905 0.027
202112 0.018 113.774 0.019
202203 0.064 117.646 0.066
202206 0.055 120.806 0.055
202209 0.044 120.648 0.044

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


React Gaming Group  (OTCPK:ITMZF) 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.

React Gaming Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0022/0.01
=0.22

* 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.


Be Aware

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


React Gaming Group Cyclically Adjusted Book per Share Related Terms

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


React Gaming Group (React Gaming Group) Business Description

Traded in Other Exchanges
N/A
Address
6500 Transcanada Highway, Suite 209, St. Laurent, QC, CAN, H4T 1X3
React Gaming Group Inc is engaged in esports betting. The group is focused on live betting and online gaming.

React Gaming Group (React Gaming Group) Headlines

From GuruFocus

React Gaming reports 2022 second quarter results

By PurpleRose PurpleRose 08-25-2022

React Gaming's LOOT.BET launches its Isle of Man-licensed site

By PurpleRose PurpleRose 08-02-2022

React Gaming's LOOT.BET partners with Oddin.gg

By PurpleRose PurpleRose 07-15-2022

Intema announces application for management cease trade order

By GlobeNewswire GlobeNewswire 06-11-2020

React Gaming names Leigh Hughes as Interim CEO

By GuruFocusNews GuruFocusNews 07-08-2022

Intema Announces Delay in Filing Annual Financial Statements

By GlobeNewswire GlobeNewswire 04-30-2021