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Network-1 Technologies (FRA:6LK) Cyclically Adjusted PB Ratio : 0.71 (As of Jun. 05, 2024)


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What is Network-1 Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Network-1 Technologies's current share price is €1.59. Network-1 Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.25. Network-1 Technologies's Cyclically Adjusted PB Ratio for today is 0.71.

The historical rank and industry rank for Network-1 Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:6LK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.01   Max: 5.33
Current: 0.73

During the past years, Network-1 Technologies's highest Cyclically Adjusted PB Ratio was 5.33. The lowest was 0.71. And the median was 2.01.

FRA:6LK's Cyclically Adjusted PB Ratio is ranked better than
75.52% of 670 companies
in the Business Services industry
Industry Median: 1.6 vs FRA:6LK: 0.73

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.

Network-1 Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was €1.892. 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 €2.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Network-1 Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Network-1 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.

Network-1 Technologies Cyclically Adjusted PB Ratio Chart

Network-1 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 1.34 2.05 1.38 0.97 0.91

Network-1 Technologies 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 0.93 0.98 0.98 0.91 0.84

Competitive Comparison of Network-1 Technologies's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Network-1 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.


Network-1 Technologies's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Network-1 Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Network-1 Technologies's Cyclically Adjusted PB Ratio falls into.



Network-1 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.

Network-1 Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.59/2.25
=0.71

* 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.

Network-1 Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Network-1 Technologies'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)
=1.892/131.7762*131.7762
=1.892

Current CPI (Mar. 2024) = 131.7762.

Network-1 Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.869 100.560 1.139
201409 0.911 100.428 1.195
201412 0.900 99.070 1.197
201503 1.053 99.621 1.393
201506 0.994 100.684 1.301
201509 1.010 100.392 1.326
201512 1.135 99.792 1.499
201603 1.255 100.470 1.646
201606 1.559 101.688 2.020
201609 1.981 101.861 2.563
201612 2.111 101.863 2.731
201703 2.121 102.862 2.717
201706 2.060 103.349 2.627
201709 1.927 104.136 2.438
201712 1.928 104.011 2.443
201803 2.104 105.290 2.633
201806 2.185 106.317 2.708
201809 2.119 106.507 2.622
201812 2.155 105.998 2.679
201903 2.121 107.251 2.606
201906 2.071 108.070 2.525
201909 2.058 108.329 2.503
201912 2.003 108.420 2.434
202003 1.913 108.902 2.315
202006 1.864 108.767 2.258
202009 1.789 109.815 2.147
202012 1.676 109.897 2.010
202103 2.002 111.754 2.361
202106 1.951 114.631 2.243
202109 2.188 115.734 2.491
202112 2.238 117.630 2.507
202203 2.190 121.301 2.379
202206 2.226 125.017 2.346
202209 2.426 125.227 2.553
202212 2.180 125.222 2.294
202303 2.081 127.348 2.153
202306 2.042 128.729 2.090
202309 1.997 129.860 2.026
202312 1.974 129.419 2.010
202403 1.892 131.776 1.892

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.


Network-1 Technologies  (FRA:6LK) 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.


Network-1 Technologies Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Network-1 Technologies's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Network-1 Technologies (FRA:6LK) Business Description

Traded in Other Exchanges
Address
65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840
Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current strategy includes continuing to pursue licensing opportunities for its intellectual property assets.

Network-1 Technologies (FRA:6LK) Headlines

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