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Rithm Capital (FRA:14N1) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 10, 2024)


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What is Rithm Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Rithm Capital's current share price is €10.285. Rithm Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €14.38. Rithm Capital's Cyclically Adjusted PB Ratio for today is 0.72.

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

FRA:14N1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.66   Max: 0.8
Current: 0.71

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.

FRA:14N1's Cyclically Adjusted PB Ratio is ranked better than
53.54% of 495 companies
in the REITs industry
Industry Median: 0.75 vs FRA:14N1: 0.71

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 €11.212. 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 €14.38 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
=10.285/14.38
=0.72

* 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.

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)
=11.212/131.7762*131.7762
=11.212

Current CPI (Mar. 2024) = 131.7762.

Rithm Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.816 100.560 10.242
201409 8.647 100.428 11.346
201412 9.152 99.070 12.173
201503 10.241 99.621 13.547
201506 11.072 100.684 14.491
201509 10.851 100.392 14.243
201512 11.137 99.792 14.706
201603 10.851 100.470 14.232
201606 10.856 101.688 14.068
201609 11.115 101.861 14.379
201612 12.324 101.863 15.943
201703 12.480 102.862 15.988
201706 12.813 103.349 16.337
201709 12.479 104.136 15.791
201712 12.894 104.011 16.336
201803 13.665 105.290 17.103
201806 14.379 106.317 17.822
201809 14.461 106.507 17.892
201812 14.283 105.998 17.757
201903 14.534 107.251 17.858
201906 14.308 108.070 17.447
201909 14.761 108.329 17.956
201912 14.586 108.420 17.728
202003 9.691 108.902 11.727
202006 9.567 108.767 11.591
202009 9.223 109.815 11.067
202012 8.935 109.897 10.714
202103 9.538 111.754 11.247
202106 9.355 114.631 10.754
202109 9.644 115.734 10.981
202112 10.128 117.630 11.346
202203 11.407 121.301 12.392
202206 11.621 125.017 12.249
202209 12.221 125.227 12.860
202212 11.330 125.222 11.923
202303 10.900 127.348 11.279
202306 11.224 128.729 11.490
202309 11.539 129.860 11.709
202312 10.911 129.419 11.110
202403 11.212 131.776 11.212

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  (FRA:14N1) 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 (FRA:14N1) 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.

Rithm Capital (FRA:14N1) Headlines

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