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RF Capital Group (STU:G04) Cyclically Adjusted PB Ratio : 0.28 (As of Jun. 01, 2024)


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What is RF Capital Group Cyclically Adjusted PB Ratio?

As of today (2024-06-01), RF Capital Group's current share price is €5.00. RF Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €17.72. RF Capital Group's Cyclically Adjusted PB Ratio for today is 0.28.

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

STU:G04' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.68   Max: 2.22
Current: 0.29

During the past years, RF Capital Group's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 0.18. And the median was 0.68.

STU:G04's Cyclically Adjusted PB Ratio is ranked better than
89.11% of 946 companies
in the Asset Management industry
Industry Median: 0.795 vs STU:G04: 0.29

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.

RF Capital Group's adjusted book value per share data for the three months ended in Mar. 2024 was €9.442. 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 €17.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RF Capital Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RF Capital Group'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.

RF Capital Group Cyclically Adjusted PB Ratio Chart

RF Capital Group 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 0.56 0.55 0.63 0.40 0.28

RF Capital Group 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 0.43 0.33 0.18 0.28 0.27

Competitive Comparison of RF Capital Group's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, RF Capital Group'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.


RF Capital Group's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RF Capital Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



RF Capital Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.00/17.72
=0.28

* 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.

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

For example, RF Capital Group'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)
=9.442/126.2576*126.2576
=9.442

Current CPI (Mar. 2024) = 126.2576.

RF Capital Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.362 99.473 32.191
201409 26.576 99.394 33.759
201412 25.389 98.367 32.588
201503 26.379 99.789 33.376
201506 26.272 100.500 33.005
201509 23.545 100.421 29.603
201512 22.232 99.947 28.084
201603 21.519 101.054 26.886
201606 21.856 102.002 27.053
201609 19.182 101.765 23.799
201612 20.351 101.449 25.328
201703 20.559 102.634 25.291
201706 15.457 103.029 18.942
201709 15.595 103.345 19.053
201712 15.889 103.345 19.412
201803 15.093 105.004 18.148
201806 16.005 105.557 19.144
201809 16.602 105.636 19.843
201812 15.992 105.399 19.157
201903 13.744 106.979 16.221
201906 13.327 107.690 15.625
201909 11.219 107.611 13.163
201912 8.349 107.769 9.781
202003 7.463 107.927 8.731
202006 7.210 108.401 8.398
202009 6.549 108.164 7.644
202012 10.861 108.559 12.632
202103 10.954 110.298 12.539
202106 11.092 111.720 12.535
202109 10.336 112.905 11.558
202112 10.726 113.774 11.903
202203 10.954 117.646 11.756
202206 11.267 120.806 11.775
202209 11.288 120.648 11.813
202212 10.473 120.964 10.931
202303 10.021 122.702 10.311
202306 9.851 124.203 10.014
202309 9.785 125.230 9.865
202312 9.585 125.072 9.676
202403 9.442 126.258 9.442

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.


RF Capital Group  (STU:G04) 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.


RF Capital Group Cyclically Adjusted PB Ratio Related Terms

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


RF Capital Group (STU:G04) Business Description

Address
100 Queens Quay East, Suite 2500, Toronto, ON, CAN, M5E 1Y3
RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

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