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Tapinator (Tapinator) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Tapinator Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tapinator Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tapinator'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.

Tapinator Cyclically Adjusted PB Ratio Chart

Tapinator Annual Data
Trend Oct07 Oct08 Oct09 Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Tapinator Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep22 Sep23
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Competitive Comparison of Tapinator's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Tapinator'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.


Tapinator's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tapinator's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tapinator 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.

Tapinator's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Tapinator's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.479/129.8595*129.8595
=0.479

Current CPI (Sep. 2023) = 129.8595.

Tapinator Quarterly Data

Book Value per Share CPI Adj_Book
200710 54.839 88.152 80.785
200801 -3.279 89.057 -4.781
200804 -6.557 90.636 -9.395
200807 -8.197 92.805 -11.470
200810 -24.590 91.375 -34.947
200901 -34.426 89.084 -50.184
200904 -21.495 89.968 -31.026
200907 -7,947.664 90.859 -11,359.148
200910 6,674.545 91.207 9,503.100
201001 1,278.505 91.423 1,816.028
201004 2,023.364 91.980 2,856.623
201007 -4,314.159 91.981 -6,090.750
201210 167.257 97.595 222.551
201309 0.000 98.790 0.000
201312 0.026 98.326 0.034
201403 0.065 99.695 0.085
201406 -1.498 100.560 -1.934
201409 0.241 100.428 0.312
201412 -0.214 99.070 -0.281
201503 -0.210 99.621 -0.274
201506 1.947 100.684 2.511
201509 1.582 100.392 2.046
201512 0.922 99.792 1.200
201603 0.743 100.470 0.960
201606 0.529 101.688 0.676
201609 0.870 101.861 1.109
201612 0.630 101.863 0.803
201703 0.383 102.862 0.484
201706 0.424 103.349 0.533
201709 0.181 104.136 0.226
201712 -0.202 104.011 -0.252
201803 1.358 105.290 1.675
201806 0.798 106.317 0.975
201809 0.610 106.507 0.744
201812 0.425 105.998 0.521
201903 0.332 107.251 0.402
201906 0.383 108.070 0.460
201909 0.302 108.329 0.362
202209 0.000 125.227 0.000
202309 0.479 129.860 0.479

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.


Tapinator  (OTCPK:TAPM) 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.


Tapinator Cyclically Adjusted PB Ratio Related Terms

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Tapinator (Tapinator) Business Description

Traded in Other Exchanges
N/A
Address
1776 Broadway, Suite 2002, New York, NY, USA, 10019
Tapinator Inc develops and publishes category- leading apps for mobile platforms, with a focus on social casino games. The company's library includes more than 300 titles. It offers games such as Solitaire Derby, Crypto Trillionaire, Castlebuilder, Combo Quest, and Dice Mage 2 among others. The company generates revenues through the sale of branded advertising and consumer transactions, including in-app purchases and subscriptions.

Tapinator (Tapinator) Headlines

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