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Research Solutions (Research Solutions) Cyclically Adjusted PB Ratio : 15.72 (As of May. 09, 2024)


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What is Research Solutions Cyclically Adjusted PB Ratio?

As of today (2024-05-09), Research Solutions's current share price is $2.83. Research Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.18. Research Solutions's Cyclically Adjusted PB Ratio for today is 15.72.

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

RSSS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.94   Med: 15.33   Max: 25.75
Current: 16.03

During the past years, Research Solutions's highest Cyclically Adjusted PB Ratio was 25.75. The lowest was 4.94. And the median was 15.33.

RSSS's Cyclically Adjusted PB Ratio is ranked worse than
93.53% of 1329 companies
in the Software industry
Industry Median: 2.6 vs RSSS: 16.03

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.

Research Solutions's adjusted book value per share data for the three months ended in Dec. 2023 was $0.428. 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 $0.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Research Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Research Solutions'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.

Research Solutions Cyclically Adjusted PB Ratio Chart

Research Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.08 18.10 24.31 13.13 12.55

Research Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.10 12.95 12.55 14.77 14.59

Competitive Comparison of Research Solutions's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Research Solutions'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.


Research Solutions's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Research Solutions 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.

Research Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.83/0.18
=15.72

* 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.

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

For example, Research Solutions'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)
=0.428/129.4194*129.4194
=0.428

Current CPI (Dec. 2023) = 129.4194.

Research Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.005 99.695 0.006
201406 -0.024 100.560 -0.031
201409 0.045 100.428 0.058
201412 0.045 99.070 0.059
201503 0.048 99.621 0.062
201506 0.060 100.684 0.077
201509 0.058 100.392 0.075
201512 0.055 99.792 0.071
201603 0.063 100.470 0.081
201606 0.254 101.688 0.323
201609 0.239 101.861 0.304
201612 0.214 101.863 0.272
201703 0.191 102.862 0.240
201706 0.182 103.349 0.228
201709 0.158 104.136 0.196
201712 0.142 104.011 0.177
201803 0.138 105.290 0.170
201806 0.137 106.317 0.167
201809 0.130 106.507 0.158
201812 0.122 105.998 0.149
201903 0.121 107.251 0.146
201906 0.124 108.070 0.148
201909 0.123 108.329 0.147
201912 0.115 108.420 0.137
202003 0.183 108.902 0.217
202006 0.187 108.767 0.223
202009 0.191 109.815 0.225
202012 0.198 109.897 0.233
202103 0.196 111.754 0.227
202106 0.205 114.631 0.231
202109 0.194 115.734 0.217
202112 0.189 117.630 0.208
202203 0.192 121.301 0.205
202206 0.180 125.017 0.186
202209 0.195 125.227 0.202
202212 0.194 125.222 0.201
202303 0.217 127.348 0.221
202306 0.249 128.729 0.250
202309 0.232 129.860 0.231
202312 0.428 129.419 0.428

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.


Research Solutions  (NAS:RSSS) 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.


Research Solutions Cyclically Adjusted PB Ratio Related Terms

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


Research Solutions (Research Solutions) Business Description

Traded in Other Exchanges
Address
10624 S. Eastern Avenue, Suite A-614, Henderson, NV, USA, 89052
Research Solutions Inc is a holding company. The company provides a cloud-based SaaS research intelligence platform consisting of proprietary software and Internet-based interfaces. Its platform also allows customers to find and download digital versions of STM articles. Platforms and Transactions are packaged as a single solution that enables life science and other research-intensive organizations to speed up research and development activities. The company platform allows customers to initiate orders, manage transactions, automate authentication, obtain reports, and connect seamlessly to corporate intranets.
Executives
Peter Derycz director, 10 percent owner, officer: CEO & President 207 10TH STREET, SANTA MONICA CA 90402
Bristol Capital Advisors, Llc other: See Explanation of Responses 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Bristol Investment Fund Ltd other: See Explanation of Responses 89 NEXUS WAY, CAMANA BAY, PO BOX 311063, GRAND CAYMAN E9 KY1-1205
Paul Kessler other: See Explanation of Responses 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Janice M Peterson other: See Explanation of Responses 10990 WILSHIRE BOULEVARD, STE 1410, LOS ANGELES CA 90024
Roy W Olivier director 11425 WEST LAKE PARK DRIVE, SUITE 900, MILWAUKEE WI 53224
Barbara J. Cooperman director 10624 S. EASTERN AVENUE, SUITE A-614, HENDERSON NV 89052
Eugene Vlad Robin director 2508 FISK LANE, REDONDO BEACH CA 90278
William Nurthen officer: CFO & Secretary 500 N. DEARBORN, SUITE 1200, CHICAGO IL 60610
Shane Alan Hunt officer: Chief Customer Success Officer C/O RESEARCH SOLUTIONS, INC., 10624 S. EASTERN AVE, SUITE A-614, HENDERSON NV 89052
Alan Louis Urban officer: CFO & Secretary 1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404
Marc Nissan officer: Chief Technology Officer C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436
12 West Capital Management Lp 10 percent owner 475 TENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Van Der Heijden Michiel officer: Chief Product Officer 10624 S. EASTERN AVE.., STE, A-614, HENDERSON NV 89052
Erkel Rogier Van officer: Chief Sales Officer C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436