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Professional Diversity Network (Professional Diversity Network) Cyclically Adjusted PB Ratio : 0.04 (As of May. 26, 2024)


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What is Professional Diversity Network Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Professional Diversity Network's current share price is $0.69. Professional Diversity Network's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.31. Professional Diversity Network's Cyclically Adjusted PB Ratio for today is 0.04.

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

IPDN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.11   Max: 0.35
Current: 0.04

During the past years, Professional Diversity Network's highest Cyclically Adjusted PB Ratio was 0.35. The lowest was 0.04. And the median was 0.11.

IPDN's Cyclically Adjusted PB Ratio is ranked better than
99.25% of 663 companies
in the Business Services industry
Industry Median: 1.59 vs IPDN: 0.04

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.

Professional Diversity Network's adjusted book value per share data for the three months ended in Mar. 2024 was $0.204. 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 $16.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Professional Diversity Network Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Professional Diversity Network'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.

Professional Diversity Network Cyclically Adjusted PB Ratio Chart

Professional Diversity Network 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 - 0.21 0.08 0.09 0.11

Professional Diversity Network 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 0.20 0.21 0.13 0.11 0.11

Competitive Comparison of Professional Diversity Network's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Professional Diversity Network'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.


Professional Diversity Network's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Professional Diversity Network's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Professional Diversity Network's Cyclically Adjusted PB Ratio falls into.



Professional Diversity Network 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.

Professional Diversity Network's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.69/16.31
=0.04

* 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.

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

For example, Professional Diversity Network'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)
=0.204/131.7762*131.7762
=0.204

Current CPI (Mar. 2024) = 131.7762.

Professional Diversity Network Quarterly Data

Book Value per Share CPI Adj_Book
201406 50.076 100.560 65.621
201409 69.850 100.428 91.654
201412 67.476 99.070 89.752
201503 64.630 99.621 85.491
201506 62.097 100.684 81.273
201509 29.263 100.392 38.411
201512 22.325 99.792 29.480
201603 23.517 100.470 30.845
201606 23.119 101.688 29.960
201609 19.980 101.861 25.848
201612 15.886 101.863 20.551
201703 14.756 102.862 18.904
201706 8.651 103.349 11.031
201709 7.458 104.136 9.438
201712 5.199 104.011 6.587
201803 4.581 105.290 5.733
201806 3.978 106.317 4.931
201809 1.046 106.507 1.294
201812 -0.458 105.998 -0.569
201903 -0.738 107.251 -0.907
201906 -0.250 108.070 -0.305
201909 0.799 108.329 0.972
201912 0.572 108.420 0.695
202003 0.479 108.902 0.580
202006 0.202 108.767 0.245
202009 0.499 109.815 0.599
202012 0.522 109.897 0.626
202103 0.143 111.754 0.169
202106 0.079 114.631 0.091
202109 0.482 115.734 0.549
202112 0.347 117.630 0.389
202203 0.303 121.301 0.329
202206 0.310 125.017 0.327
202209 0.312 125.227 0.328
202212 0.246 125.222 0.259
202303 0.235 127.348 0.243
202306 0.335 128.729 0.343
202309 0.223 129.860 0.226
202312 0.266 129.419 0.271
202403 0.204 131.776 0.204

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.


Professional Diversity Network  (NAS:IPDN) 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.


Professional Diversity Network Cyclically Adjusted PB Ratio Related Terms

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


Professional Diversity Network (Professional Diversity Network) Business Description

Traded in Other Exchanges
Address
55 East Monroe Street, Suite 2120, Chicago, IL, USA, 60603
Professional Diversity Network Inc is engaged in providing access to networking, training, educational and employment services to its registered users. It has three operating segments: the Professional Diversity Network (PDN) segment, which includes online professional networking communities with career resources for diverse cultural groups and employers looking to hire members; and the National Association of Professional Women (NAPW) segment, which is a women-only professional networking organization, the RemoteMore segment. The company generates revenues from paid membership subscriptions and related services, recruitment services, product sales, education & training, and consumer advertising & consumer marketing solutions.
Executives
Yu-jin Chou officer: Secretary 55 E MONROE STREET, SUITE2120, CHICAGO IL 60603
Hongjun Chen 10 percent owner 55 E MONROE STREET, STE 2250, CHICAGO IL 60603
Larry S Aichler officer: Interim CFO 55 E MONROE ST, STE 2120, CHICAGO IL 60603
Christopher Renn director 55 E MONROE ST, SUITE# 2120, CHICAGO IL 60603
Esquivel Russell J Jr. officer: SVP 26844 N 73RD DR, PEORIA AZ 85383
Megan Elizabeth Bozzuto officer: SVP 162 EAST ST, SHARON MA 02067
Grace Reyes director 1191 SOLANO AVENUE #6315, ALBANY CA 94706
Charles Martin Obrien officer: Interim CFO 1131 WARWICK CIRCLE N., HOFFMAN ESTATES IL 60169
Malven Group Ltd 10 percent owner UNIT A, 21/F., CMA BUILDING, 64 CONNAUGHT ROAD CENTRAL, CENTRAL K3 00000
Shea Courtney C. director 1555 N. ASTOR STREET, APARTMENT 9W, CHICAGO IL 60610
Maoji Wang director 13-1-902, BAIWANGJIAYUAN EAST SECTOR, DONGBEIWANG, HAIDIAN DISTRICT, BEIJING F4 000000
Lida Fang director 77 N 3RD RING MIDDLE RD, 24TH FLOOR, ROOM 1105, BEIJING F4 100080
Haibin Gong director 408 NO. 18 BLDG XILI MAJIABAO YANGQIAO, FENGTAI DISTRICT BEIJING CITY F4 100039
Michael D Belsky director 213 LEONARD WOOD NORTH, UNIT 101, HIGHLAND PARK IL 60035
James R Kirsch director, 10 percent owner, officer: Chief Executive Officer 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607

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