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Rithm Capital (Rithm Capital) Cyclically Adjusted PB Ratio : 0.71 (As of May. 30, 2024)


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What is Rithm Capital Cyclically Adjusted PB Ratio?

As of today (2024-05-30), Rithm Capital's current share price is $11.09. Rithm Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $15.61. Rithm Capital's Cyclically Adjusted PB Ratio for today is 0.71.

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

RITM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.66   Max: 0.8
Current: 0.7

During the past years, Rithm Capital's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.50. And the median was 0.66.

RITM's Cyclically Adjusted PB Ratio is ranked better than
54.95% of 495 companies
in the REITs industry
Industry Median: 0.75 vs RITM: 0.70

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.

Rithm Capital's adjusted book value per share data for the three months ended in Mar. 2024 was $12.187. 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 $15.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rithm Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rithm Capital'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.

Rithm Capital Cyclically Adjusted PB Ratio Chart

Rithm Capital 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 - - 0.77 0.55 0.70

Rithm Capital 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 0.53 0.61 0.60 0.70 0.71

Competitive Comparison of Rithm Capital's Cyclically Adjusted PB Ratio

For the REIT - Mortgage subindustry, Rithm Capital'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.


Rithm Capital's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Rithm Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rithm Capital 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.

Rithm Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.09/15.61
=0.71

* 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.

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

For example, Rithm Capital'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)
=12.187/131.7762*131.7762
=12.187

Current CPI (Mar. 2024) = 131.7762.

Rithm Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.619 100.560 13.915
201409 11.143 100.428 14.621
201412 11.285 99.070 15.011
201503 11.083 99.621 14.660
201506 12.426 100.684 16.263
201509 12.178 100.392 15.985
201512 12.131 99.792 16.019
201603 12.083 100.470 15.848
201606 12.198 101.688 15.807
201609 12.475 101.861 16.139
201612 13.000 101.863 16.818
201703 13.347 102.862 17.099
201706 14.396 103.349 18.356
201709 14.874 104.136 18.822
201712 15.260 104.011 19.334
201803 16.850 105.290 21.089
201806 16.797 106.317 20.819
201809 16.875 106.507 20.879
201812 16.249 105.998 20.201
201903 16.422 107.251 20.177
201906 16.168 108.070 19.715
201909 16.257 108.329 19.776
201912 16.207 108.420 19.698
202003 10.708 108.902 12.957
202006 10.774 108.767 13.053
202009 10.863 109.815 13.035
202012 10.869 109.897 13.033
202103 11.355 111.754 13.389
202106 11.272 114.631 12.958
202109 11.346 115.734 12.919
202112 11.444 117.630 12.820
202203 12.562 121.301 13.647
202206 12.285 125.017 12.949
202209 12.100 125.227 12.733
202212 12.002 125.222 12.630
202303 11.670 127.348 12.076
202306 12.160 128.729 12.448
202309 12.315 129.860 12.497
202312 11.899 129.419 12.116
202403 12.187 131.776 12.187

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.


Rithm Capital  (NYSE:RITM) 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.


Rithm Capital Cyclically Adjusted PB Ratio Related Terms

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


Rithm Capital (Rithm Capital) Business Description

Industry
Address
799 Broadway, New York, NY, USA, 10003
Rithm Capital Corp operates as a real estate investment trust that provides capital and services to the real estate and financial services industries. The company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a complementary portfolio of investments and operating businesses. Rithm Capital's investment portfolio is composed of mortgage servicing related assets (full and excess MSRs and servicer advances), residential securities (and associated call rights) and loans (including single family rental), and consumer loans.
Executives
Peggy Hwan Hebard director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Philip M Sivin officer: Chief Legal Officer RESURGENCE ASSET MANAGEMENT LLC, 10 NEW KING STREET, WHITE PLAINS NY 10604
Le Melle Patrice M director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Alan L. Tyson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Andrew Sloves director 799 BROADWAY, NEW YORK NY 10003
Pamela F Lenehan director C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876
Robert Mcginnis director 2002 SUMMIT BLVD., 6TH FLOOR, ATLANTA GA 30319
Nicola Jr Santoro officer: CFO and Treasurer C/O FXCM INC, 55 WATER STREET, NEW YORK NY 10041
David Saltzman director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Nierenberg director, officer: CEO and President 799 BROADWAY, NEW YORK NY 10003
David Schneider officer: Chief Accounting Officer 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Home Loan Servicing Solutions, Ltd. 10 percent owner C/O INTERTRUST CORP SERVICES CAYMAN LTD, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Kevin J Finnerty director 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Susan Givens officer: CFO and Treasurer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105