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Real Matters (Real Matters) Cyclically Adjusted PB Ratio : 2.22 (As of May. 27, 2024)


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What is Real Matters Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Real Matters's current share price is $4.07. Real Matters's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was $1.83. Real Matters's Cyclically Adjusted PB Ratio for today is 2.22.

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

RLLMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 2.21   Max: 2.46
Current: 2.24

During the past 10 years, Real Matters's highest Cyclically Adjusted PB Ratio was 2.46. The lowest was 1.92. And the median was 2.21.

RLLMF's Cyclically Adjusted PB Ratio is ranked worse than
85.8% of 1338 companies
in the Real Estate industry
Industry Median: 0.71 vs RLLMF: 2.24

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.

Real Matters's adjusted book value per share data of for the fiscal year that ended in Sep23 was $1.530. 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 $1.83 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Real Matters Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Real Matters'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.

Real Matters Cyclically Adjusted PB Ratio Chart

Real Matters Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.42

Real Matters 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 - - 2.42 - -

Competitive Comparison of Real Matters's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Real Matters'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.


Real Matters's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Real Matters's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Real Matters 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.

Real Matters's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.07/1.83
=2.22

* 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.

Real Matters's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Real Matters's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=1.53/125.2304*125.2304
=1.530

Current CPI (Sep23) = 125.2304.

Real Matters Annual Data

Book Value per Share CPI Adj_Book
201409 0.000 99.394 0.000
201509 0.558 100.421 0.696
201609 1.214 101.765 1.494
201709 2.120 103.345 2.569
201809 2.016 105.636 2.390
201909 2.003 107.611 2.331
202009 2.449 108.164 2.835
202109 2.017 112.905 2.237
202209 1.580 120.648 1.640
202309 1.530 125.230 1.530

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.


Real Matters  (OTCPK:RLLMF) 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.


Real Matters Cyclically Adjusted PB Ratio Related Terms

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


Real Matters (Real Matters) Business Description

Traded in Other Exchanges
Address
50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.

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