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Rubicon Technology (Rubicon Technology) Cyclically Adjusted PB Ratio : 0.03 (As of Jun. 01, 2024)


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What is Rubicon Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Rubicon Technology's current share price is $0.80. Rubicon Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $27.47. Rubicon Technology's Cyclically Adjusted PB Ratio for today is 0.03.

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

RBCN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.12   Max: 0.36
Current: 0.03

During the past years, Rubicon Technology's highest Cyclically Adjusted PB Ratio was 0.36. The lowest was 0.02. And the median was 0.12.

RBCN's Cyclically Adjusted PB Ratio is ranked better than
99.42% of 689 companies
in the Semiconductors industry
Industry Median: 2.52 vs RBCN: 0.03

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.

Rubicon Technology's adjusted book value per share data for the three months ended in Mar. 2024 was $0.147. 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 $27.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rubicon Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rubicon Technology'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.

Rubicon Technology Cyclically Adjusted PB Ratio Chart

Rubicon Technology 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 0.13 0.16 0.18 0.04 0.03

Rubicon Technology 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 0.04 0.04 0.04 0.03 0.03

Competitive Comparison of Rubicon Technology's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Rubicon Technology'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.


Rubicon Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Rubicon Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rubicon Technology 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.

Rubicon Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.80/27.47
=0.03

* 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.

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

For example, Rubicon Technology'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)
=0.147/131.7762*131.7762
=0.147

Current CPI (Mar. 2024) = 131.7762.

Rubicon Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 80.551 100.560 105.556
201409 75.639 100.428 99.250
201412 72.138 99.070 95.953
201503 68.915 99.621 91.159
201506 65.749 100.684 86.053
201509 47.470 100.392 62.310
201512 42.689 99.792 56.371
201603 39.301 100.470 51.547
201606 36.225 101.688 46.943
201609 27.108 101.861 35.069
201612 18.804 101.863 24.326
201703 17.015 102.862 21.798
201706 14.796 103.349 18.866
201709 14.422 104.136 18.250
201712 12.197 104.011 15.453
201803 12.212 105.290 15.284
201806 12.308 106.317 15.255
201809 12.585 106.507 15.571
201812 12.657 105.998 15.735
201903 12.673 107.251 15.571
201906 12.468 108.070 15.203
201909 12.302 108.329 14.965
201912 12.303 108.420 14.953
202003 11.682 108.902 14.136
202006 12.495 108.767 15.138
202009 12.531 109.815 15.037
202012 12.358 109.897 14.818
202103 12.017 111.754 14.170
202106 11.941 114.631 13.727
202109 11.988 115.734 13.650
202112 12.012 117.630 13.457
202203 12.220 121.301 13.275
202206 12.448 125.017 13.121
202209 1.219 125.227 1.283
202212 1.301 125.222 1.369
202303 1.186 127.348 1.227
202306 1.113 128.729 1.139
202309 1.501 129.860 1.523
202312 0.170 129.419 0.173
202403 0.147 131.776 0.147

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.


Rubicon Technology  (OTCPK:RBCN) 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.


Rubicon Technology Cyclically Adjusted PB Ratio Related Terms

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


Rubicon Technology (Rubicon Technology) Business Description

Traded in Other Exchanges
N/A
Address
900 East Green Street, Bensenville, IL, USA, 60106
Rubicon Technology Inc is an advanced materials provider specializing in monocrystalline sapphire for applications in optical and industrial systems. The company manages its operations and ship from its owned facility located in Bensenville, Illinois. It offers optical and industrial sapphire products in various shapes and sizes, including round and rectangular windows and blanks, domes, tubes, and rods. Geographically, the group has a business presence in North America, Asia, and Other countries, of which prime revenue is derived from North America.
Executives
Timothy Brog director C/O RUBICON TECHNOLOGY, INC., 900 EAST GREEN STREET, UNIT A, BENSENVILLE IL 60106
Darren Clay Seirer director, 10 percent owner 80 EIGHTH AVENUE, SUITE 1500, NEW YORK NY 10011
Jefferson Gramm director C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Janel Corp 10 percent owner 80 EIGHTH AVENUE, NEW YORK NY 10011
Michael E Mikolajczyk director 875 N. MICHIGAN AVE., STE 3000, CHICAGO IL 60611
Susan Westphal director C/O RUBICON TECHNOLOGY, INC., 900 EAST GREEN STREET, UNIT A, BENSENVILLE IL 60106
John Eidinger director 80 EIGHTH AVENUE, NEW YORK NY 10011
Dominique Schulte 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Oaxaca Group L.l.c. 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Kevin Timothy Lusardi officer: Chief Financial Officer 115 BROADWAY, PLEASANTVILLE NY 10570
Gregory Bylinsky 10 percent owner C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Mathew Jason Rich officer: Chief Financial Officer 4501 EASTWOOD RD, MINNETONKA MN 55345
Inga A Slavutsky officer: Chief Financial Officer 920 E. GREEN ST., BENSENVILLE IL 60106
Donald R Caldwell director 5 RADNOR CORP CENTER STE 555, RADNOR PA 19087