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Remark Holdings (Remark Holdings) Cyclically Adjusted Book per Share : $-0.84 (As of Mar. 2024)


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What is Remark Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Remark Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $-1.031. 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 $-0.84 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Remark Holdings was -37.90% per year. The lowest was -60.50% per year. And the median was -54.70% per year.

As of today (2024-05-26), Remark Holdings's current stock price is $0.138. Remark Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-0.84. Remark Holdings's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Remark Holdings was 37.41. The lowest was 0.81. And the median was 2.88.


Remark Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Remark Holdings's Cyclically Adjusted Book per Share 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.

Remark Holdings Cyclically Adjusted Book per Share Chart

Remark Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.95 1.44 0.51 -0.51 -0.77

Remark Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 -0.65 -0.68 -0.66 -0.77 -0.84

Competitive Comparison of Remark Holdings's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Remark Holdings'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.


Remark Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Remark Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Remark Holdings'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)
=-1.031/131.7762*131.7762
=-1.031

Current CPI (Mar. 2024) = 131.7762.

Remark Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.497 100.560 8.514
201409 5.272 100.428 6.918
201412 4.050 99.070 5.387
201503 4.860 99.621 6.429
201506 3.421 100.684 4.477
201509 11.772 100.392 15.452
201512 6.133 99.792 8.099
201603 5.993 100.470 7.860
201606 4.427 101.688 5.737
201609 -1.753 101.861 -2.268
201612 -1.169 101.863 -1.512
201703 -0.468 102.862 -0.600
201706 -2.152 103.349 -2.744
201709 -3.724 104.136 -4.712
201712 -28.018 104.011 -35.497
201803 -6.458 105.290 -8.083
201806 -5.130 106.317 -6.358
201809 -2.743 106.507 -3.394
201812 -3.361 105.998 -4.178
201903 -4.781 107.251 -5.874
201906 -3.663 108.070 -4.467
201909 -4.176 108.329 -5.080
201912 -5.431 108.420 -6.601
202003 -3.821 108.902 -4.624
202006 -0.748 108.767 -0.906
202009 -0.286 109.815 -0.343
202012 -0.914 109.897 -1.096
202103 -1.368 111.754 -1.613
202106 -1.522 114.631 -1.750
202109 6.536 115.734 7.442
202112 2.951 117.630 3.306
202203 0.582 121.301 0.632
202206 -0.601 125.017 -0.633
202209 -1.381 125.227 -1.453
202212 -1.770 125.222 -1.863
202303 -1.891 127.348 -1.957
202306 -1.711 128.729 -1.752
202309 -1.670 129.860 -1.695
202312 -1.796 129.419 -1.829
202403 -1.031 131.776 -1.031

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Remark Holdings  (OTCPK:MARK) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Remark Holdings was 37.41. The lowest was 0.81. And the median was 2.88.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Remark Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Remark Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Remark Holdings (Remark Holdings) Business Description

Industry
Traded in Other Exchanges
Address
800 S Commerce Street, Las Vegas, NV, USA, 89106
Remark Holdings Inc delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a range of applications within the retail, financial, public safety, and workplace arenas. The company also owns and operates digital media properties that deliver relevant content and e-commerce solutions.
Executives
Theodore P Botts director C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326
Ling Elizabeth Xu director 3960 HOWARD HUGHES PKWY, SUITE 900, LAS VEGAS NV 89169
Ernest T. Lee 10 percent owner 3271 SOUTH HIGHLAND DRIVE, #704, LAS VEGAS NV 89109
Alison Davidson officer: Interim CFO C/O REMARK HOLDINGS, INC., 3960 HOWARD HUGHES PARKWAY, SUITE 900, LAS VEGAS NV 89169
Douglas Osrow officer: Chief Financial Officer FIVE CONCOURSE PKWY, SUITE 2400, ATLANTA GA 30328
Brett Ratner director C/O REMARK MEDIA, INC., 3960 HOWARD HUGHES PARKWAY, SUITE 900, LAS VEGAS NV 89169
Daniel J. Stein director C/O REMARK MEDIA, INC., 3960 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Jason E. Strauss director C/O REMARK MEDIA, INC., 3930 HOWARD HUGHES PARKWAY, SUITE 400, LAS VEGAS NV 89169
William Warwick Grounds director 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Robert G Goldstein director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Kai-shing Tao director, 10 percent owner, officer: Chairman and CEO C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326
Howstuffworks, Llc 10 percent owner ONE CAPITAL CITY PLAZA, 3350 PEACHTREE ROAD, SUITE 1500, ATLANTA GA 30326
Digipac, Llc 10 percent owner ONE HUGHES CENTER DRIVE, UNIT 1601, LAS VEGAS NV 89169
Bradley T. Zimmer officer: Chief Operating Officer and Ge SIX CONCOURSE PARKWAY, SUITE 1500, ATLANTA GA 30328
Carrie Ferman officer: Chief Executive Officer SIX CONCOURSE PARKWAY, SUITE 1500, ATLANTA GA 30328