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Radcom (FRA:RAM) Cyclically Adjusted PB Ratio : 1.81 (As of Jun. 01, 2024)


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What is Radcom Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Radcom's current share price is €8.05. Radcom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.44. Radcom's Cyclically Adjusted PB Ratio for today is 1.81.

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

FRA:RAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 3.26   Max: 13.61
Current: 1.91

During the past years, Radcom's highest Cyclically Adjusted PB Ratio was 13.61. The lowest was 1.33. And the median was 3.26.

FRA:RAM's Cyclically Adjusted PB Ratio is ranked worse than
58.13% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.5 vs FRA:RAM: 1.91

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.

Radcom's adjusted book value per share data for the three months ended in Mar. 2024 was €5.074. 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 €4.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Radcom Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Radcom'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.

Radcom Cyclically Adjusted PB Ratio Chart

Radcom 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 3.08 3.45 3.53 2.59 1.69

Radcom 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 2.30 2.09 1.86 1.69 2.26

Competitive Comparison of Radcom's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Radcom'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.


Radcom's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Radcom's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Radcom 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.

Radcom's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.05/4.44
=1.81

* 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.

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

For example, Radcom'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)
=5.074/131.7762*131.7762
=5.074

Current CPI (Mar. 2024) = 131.7762.

Radcom Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.786 100.560 1.030
201409 0.912 100.428 1.197
201412 0.985 99.070 1.310
201503 1.133 99.621 1.499
201506 1.190 100.684 1.557
201509 1.193 100.392 1.566
201512 1.048 99.792 1.384
201603 1.280 100.470 1.679
201606 2.940 101.688 3.810
201609 3.026 101.861 3.915
201612 3.285 101.863 4.250
201703 3.271 102.862 4.190
201706 3.159 103.349 4.028
201709 3.099 104.136 3.922
201712 4.814 104.011 6.099
201803 4.710 105.290 5.895
201806 5.082 106.317 6.299
201809 5.160 106.507 6.384
201812 5.035 105.998 6.259
201903 4.887 107.251 6.005
201906 4.855 108.070 5.920
201909 4.915 108.329 5.979
201912 4.822 108.420 5.861
202003 4.660 108.902 5.639
202006 4.567 108.767 5.533
202009 4.385 109.815 5.262
202012 4.249 109.897 5.095
202103 4.234 111.754 4.993
202106 4.159 114.631 4.781
202109 4.226 115.734 4.812
202112 4.386 117.630 4.913
202203 4.452 121.301 4.836
202206 4.603 125.017 4.852
202209 4.899 125.227 5.155
202212 4.662 125.222 4.906
202303 4.647 127.348 4.809
202306 4.672 128.729 4.783
202309 4.810 129.860 4.881
202312 4.942 129.419 5.032
202403 5.074 131.776 5.074

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.


Radcom  (FRA:RAM) 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.


Radcom Cyclically Adjusted PB Ratio Related Terms

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


Radcom (FRA:RAM) Business Description

Traded in Other Exchanges
Address
24 Raoul Wallenberg Street, Tel Aviv, ISR, 69719
Radcom Ltd Ltd is engaged in providing network intelligence, 5G ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. The company has a network intelligence solution for 5G namely Radcom ACE. Its products consist of Radcom Network Visibility, Radcom Service Assurance, and Radcom Network Insights. It has offices in Israel, the United States, Brazil, and India. Key revenue is derived from sales in North America.

Radcom (FRA:RAM) Headlines

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