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Radiant Logistics (FRA:3GT) Cyclically Adjusted PB Ratio : 1.56 (As of May. 28, 2024)


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What is Radiant Logistics Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Radiant Logistics's current share price is €4.76. Radiant Logistics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.06. Radiant Logistics's Cyclically Adjusted PB Ratio for today is 1.56.

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

FRA:3GT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.17   Max: 2.06
Current: 1.57

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

FRA:3GT's Cyclically Adjusted PB Ratio is ranked worse than
60.23% of 709 companies
in the Transportation industry
Industry Median: 1.27 vs FRA:3GT: 1.57

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 adjusted book value per share data for the three months ended in Mar. 2024 was €4.032. 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 €3.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Radiant Logistics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Radiant Logistics'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.

Radiant Logistics Cyclically Adjusted PB Ratio Chart

Radiant Logistics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.12 0.20 0.20 0.17

Radiant Logistics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.17 0.17 0.14 2.06 1.61

Competitive Comparison of Radiant Logistics's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.76/3.06
=1.56

* 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.

Radiant Logistics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Radiant Logistics's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.032/131.7762*131.7762
=4.032

Current CPI (Mar. 2024) = 131.7762.

Radiant Logistics Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.877 100.560 1.149
201409 0.948 100.428 1.244
201412 1.008 99.070 1.341
201503 1.173 99.621 1.552
201506 1.767 100.684 2.313
201509 2.266 100.392 2.974
201512 2.304 99.792 3.042
201603 2.203 100.470 2.889
201606 2.170 101.688 2.812
201609 2.205 101.861 2.853
201612 2.398 101.863 3.102
201703 2.372 102.862 3.039
201706 2.238 103.349 2.854
201709 2.107 104.136 2.666
201712 2.190 104.011 2.775
201803 2.112 105.290 2.643
201806 2.312 106.317 2.866
201809 2.322 106.507 2.873
201812 2.120 105.998 2.636
201903 2.188 107.251 2.688
201906 2.267 108.070 2.764
201909 2.376 108.329 2.890
201912 2.398 108.420 2.915
202003 2.423 108.902 2.932
202006 2.461 108.767 2.982
202009 2.364 109.815 2.837
202012 2.387 109.897 2.862
202103 2.529 111.754 2.982
202106 2.681 114.631 3.082
202109 2.826 115.734 3.218
202112 3.027 117.630 3.391
202203 3.385 121.301 3.677
202206 3.773 125.017 3.977
202209 4.112 125.227 4.327
202212 3.940 125.222 4.146
202303 3.992 127.348 4.131
202306 3.998 128.729 4.093
202309 4.087 129.860 4.147
202312 4.043 129.419 4.117
202403 4.032 131.776 4.032

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.


Radiant Logistics  (FRA:3GT) 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.


Radiant Logistics Cyclically Adjusted PB Ratio Related Terms

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


Radiant Logistics (FRA:3GT) Business Description

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.

Radiant Logistics (FRA:3GT) Headlines

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