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Video River Networks (Video River Networks) Cyclically Adjusted PB Ratio : (As of May. 18, 2024)


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What is Video River Networks Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Video River Networks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Video River Networks'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.

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Video River Networks Cyclically Adjusted PB Ratio Chart

Video River Networks Annual Data
Trend Dec06 Dec07 Dec08 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Video River Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Video River Networks's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Video River Networks'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.


Video River Networks's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Video River Networks's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Video River Networks 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.

Video River Networks's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Video River Networks's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.019/129.4194*129.4194
=0.019

Current CPI (Dec. 2023) = 129.4194.

Video River Networks Quarterly Data

Book Value per Share CPI Adj_Book
200412 -0.043 80.290 -0.069
200503 -0.039 81.555 -0.062
200506 -0.049 82.062 -0.077
200509 -0.053 83.876 -0.082
200512 -0.057 83.032 -0.089
200603 -0.036 84.298 -0.055
200606 -0.035 85.606 -0.053
200609 -0.035 85.606 -0.053
200612 -0.025 85.142 -0.038
200703 -0.026 86.640 -0.039
200706 -0.021 87.906 -0.031
200709 -0.018 87.964 -0.026
200712 -0.013 88.616 -0.019
200803 -0.020 90.090 -0.029
200806 -0.026 92.320 -0.036
200809 -0.030 92.307 -0.042
200812 -0.045 88.697 -0.066
200903 -0.049 89.744 -0.071
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.001 108.902 0.001
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.002 111.754 0.002
202106 0.005 114.631 0.006
202109 0.006 115.734 0.007
202112 0.013 117.630 0.014
202203 0.016 121.301 0.017
202206 0.021 125.017 0.022
202209 0.024 125.227 0.025
202212 0.016 125.222 0.017
202303 0.018 127.348 0.018
202306 0.020 128.729 0.020
202309 0.020 129.860 0.020
202312 0.019 129.419 0.019

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.


Video River Networks  (OTCPK:NIHK) 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.


Video River Networks Cyclically Adjusted PB Ratio Related Terms

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Video River Networks (Video River Networks) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Video River Networks Inc is a specialty real estate holding company. The company has two lines of real estate business which is to promote and preserve affordable housing and economic development across urban neighborhoods in the United States. It is also involved in the Electric Vehicles (EV) business, Artificial Intelligence, Machine Learning and Robotics assets, businesses and operations in North America.
Executives
Frank I Igwealor director, 10 percent owner, officer: President and CEO 370 AMAPOLA AVE, SUITE 200A, TORRANCE CA 90501
Cannabinoid Biosciences, Inc. director, 10 percent owner, officer: President and CEO 3699 WILSHIRE BLVD., SUITE 610, LOS ANGELES CA 90010
Video River Networks, Inc. director, 10 percent owner, officer: President and CEO 1333 N. BUFFALO DR., SUITE 210, LAS VEGAS NV 89128
Daniel P Mcredmond officer: Corporate Controller
Max Polinsky director 10715 GULFDALE STE 200, SAN ANTONIO TX 78216
Patrick A Gorman director
H Douglas Saathoff officer: CEO
Myron Anduri 10 percent owner, officer: President, as of 01/01/04
Steven H. Jacobson 10 percent owner P.O. BOX 24947, DENVER CO 80224-0947

Video River Networks (Video River Networks) Headlines

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