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Ribbon Communications (Ribbon Communications) Cyclically Adjusted PB Ratio : 0.63 (As of May. 22, 2024)


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What is Ribbon Communications Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Ribbon Communications's current share price is $3.25. Ribbon Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.19. Ribbon Communications's Cyclically Adjusted PB Ratio for today is 0.63.

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

RBBN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.91   Max: 2.7
Current: 0.62

During the past years, Ribbon Communications's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 0.34. And the median was 0.91.

RBBN's Cyclically Adjusted PB Ratio is ranked better than
75.52% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.45 vs RBBN: 0.62

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.

Ribbon Communications's adjusted book value per share data for the three months ended in Mar. 2024 was $2.459. 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 $5.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ribbon Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ribbon Communications'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.

Ribbon Communications Cyclically Adjusted PB Ratio Chart

Ribbon Communications 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 0.49 1.12 1.05 0.50 0.56

Ribbon Communications 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 0.62 0.51 0.50 0.56 0.62

Competitive Comparison of Ribbon Communications's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Ribbon Communications'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.


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

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

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



Ribbon Communications 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.

Ribbon Communications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.25/5.19
=0.63

* 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.

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

For example, Ribbon Communications'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)
=2.459/131.7762*131.7762
=2.459

Current CPI (Mar. 2024) = 131.7762.

Ribbon Communications Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.883 100.560 6.399
201409 4.833 100.428 6.342
201412 4.870 99.070 6.478
201503 4.474 99.621 5.918
201506 4.286 100.684 5.610
201509 4.332 100.392 5.686
201512 4.508 99.792 5.953
201603 4.469 100.470 5.862
201606 4.455 101.688 5.773
201609 4.467 101.861 5.779
201612 4.468 101.863 5.780
201703 4.301 102.862 5.510
201706 4.086 103.349 5.210
201709 4.216 104.136 5.335
201712 6.048 104.011 7.662
201803 5.733 105.290 7.175
201806 5.548 106.317 6.877
201809 5.543 106.507 6.858
201812 5.526 105.998 6.870
201903 5.241 107.251 6.439
201906 5.696 108.070 6.946
201909 5.728 108.329 6.968
201912 4.374 108.420 5.316
202003 3.836 108.902 4.642
202006 3.761 108.767 4.557
202009 3.825 109.815 4.590
202012 4.723 109.897 5.663
202103 4.362 111.754 5.143
202106 4.520 114.631 5.196
202109 4.128 115.734 4.700
202112 3.541 117.630 3.967
202203 3.160 121.301 3.433
202206 3.000 125.017 3.162
202209 2.910 125.227 3.062
202212 3.080 125.222 3.241
202303 2.795 127.348 2.892
202306 2.657 128.729 2.720
202309 2.590 129.860 2.628
202312 2.631 129.419 2.679
202403 2.459 131.776 2.459

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.


Ribbon Communications  (NAS:RBBN) 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.


Ribbon Communications Cyclically Adjusted PB Ratio Related Terms

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


Ribbon Communications (Ribbon Communications) Business Description

Traded in Other Exchanges
Address
6500 Chase Oaks Boulevard, Suite 100, Plano, TX, USA, 75023
Ribbon Communications Inc provides network solutions primarily to telecommunications, wireless and cable service providers worldwide. It enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. Its solutions enable its customers with a secure way to connect and leverage multivendor, multiprotocol communications systems and applications across their networks and the cloud, around the world and in a rapidly changing ecosystem of IP-enabled devices such as smartphones and tablets.
Executives
Miguel A Lopez officer: EVP, CFO HARRIS CORPORATION, 1025 W NASA BOULEVARD, MELBOURNE FL 32919
Bruce William Mcclelland director, officer: President & CEO 3871 LAKEFIELD DRIVE, SUWANEE GA 30024
Dan Redington officer: EVP of Global Sales 6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Scott Mair director 6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Swarth Investments Inc. 10 percent owner NEWPORT HOUSE, 15 THE GRANGE, ST PETER PORT Y7 GY1 4LA
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Sam Bucci officer: EVP & GM IP Optical Networks 3605 E PLANO PARKWAY, PLANO TX 75074
Bruns H Grayson director 950 WINTER STREET, WALTHAM MA 02451
Stephen J. Mccaffery officer: EVP EMEAS and APAC Sales VICTORIA ROAD, WEST YORKSHIRE, SALTAIRE X0 BD183LF
Eric S Marmurek officer: SVP, Finance & CAO C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Patrick W Macken officer: EVP, Chief Legal Officer 4515 THREE CHIMNEYS LANE, CUMMING GA 30041
Beatriz V Infante director 4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Ewing R Stewart Jr director 100 CENTURETEL DRIVE, MONROE LA 71203
Steven M Bruny officer: EVP Sales, Americas C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Shaul Shani director 4001 WEST PKWY, C/O SAPIENS USA INC, CURRY NC 27519