React Gaming Group (React Gaming Group) Cyclically Adjusted PB Ratio : 0.22 (As of Jun. 01, 2024)

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

What is React Gaming Group Cyclically Adjusted PB Ratio?

As of today (2024-06-01), React Gaming Group's current share 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 for today is 0.22.

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

ITMZF's Cyclically Adjusted PB Ratio is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 1.39
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation

React Gaming Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for React Gaming 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.

React Gaming Group Cyclically Adjusted PB Ratio Chart

React Gaming Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

0.58

0.31

3.64

19.71

18.46

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 PB Ratio	Get a 7-Day Free Trial															32.17	18.46	15.14	8.66	4.32

Competitive Comparison of React Gaming Group's Cyclically Adjusted PB Ratio

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 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.

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

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

React Gaming Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

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.

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.

React Gaming Group (OTCPK:ITMZF) 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.

React Gaming Group Cyclically Adjusted PB Ratio Related Terms

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