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As of today (2024-06-09), Tingo Group's current share price is $0.015. Tingo Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $1.72. Tingo Group's Cyclically Adjusted PB Ratio for today is 0.01.
The historical rank and industry rank for Tingo Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Tingo Group's highest Cyclically Adjusted PB Ratio was 6.38. The lowest was 0.01. And the median was 0.89.
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.
Tingo Group's adjusted book value per share data for the three months ended in Sep. 2023 was $2.544. 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 $1.72 for the trailing ten years ended in Sep. 2023.
The historical data trend for Tingo Group'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.
Tingo Group Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | 0.42 | 0.50 | 0.61 | 0.70 | 0.60 |
For the Software - Application subindustry, Tingo Group'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.
For the Software industry and Technology sector, Tingo Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Tingo Group's Cyclically Adjusted PB Ratio falls into.
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.
Tingo Group's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 0.015 | / | 1.72 | |
= | 0.01 |
* 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.
Tingo Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:
For example, Tingo Group'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) |
= | 2.544 | / | 129.8595 | * | 129.8595 | |
= | 2.544 |
Current CPI (Sep. 2023) = 129.8595.
Tingo Group Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201312 | 3.065 | 98.326 | 4.048 |
201403 | 3.017 | 99.695 | 3.930 |
201406 | 2.721 | 100.560 | 3.514 |
201409 | 2.514 | 100.428 | 3.251 |
201412 | 2.411 | 99.070 | 3.160 |
201503 | 2.197 | 99.621 | 2.864 |
201506 | 2.140 | 100.684 | 2.760 |
201509 | 1.914 | 100.392 | 2.476 |
201512 | 1.950 | 99.792 | 2.538 |
201603 | 1.955 | 100.470 | 2.527 |
201606 | 1.748 | 101.688 | 2.232 |
201609 | 1.543 | 101.861 | 1.967 |
201612 | 1.061 | 101.863 | 1.353 |
201703 | 0.793 | 102.862 | 1.001 |
201706 | 0.621 | 103.349 | 0.780 |
201709 | 0.481 | 104.136 | 0.600 |
201712 | 0.044 | 104.011 | 0.055 |
201803 | 0.058 | 105.290 | 0.072 |
201806 | 0.361 | 106.317 | 0.441 |
201809 | 0.139 | 106.507 | 0.169 |
201812 | -0.103 | 105.998 | -0.126 |
201903 | -0.013 | 107.251 | -0.016 |
201906 | -0.079 | 108.070 | -0.095 |
201909 | 0.267 | 108.329 | 0.320 |
201912 | 0.292 | 108.420 | 0.350 |
202003 | 0.354 | 108.902 | 0.422 |
202006 | 0.391 | 108.767 | 0.467 |
202009 | 0.848 | 109.815 | 1.003 |
202012 | 0.903 | 109.897 | 1.067 |
202103 | 1.441 | 111.754 | 1.674 |
202106 | 1.290 | 114.631 | 1.461 |
202109 | 1.244 | 115.734 | 1.396 |
202112 | 1.177 | 117.630 | 1.299 |
202203 | 1.107 | 121.301 | 1.185 |
202206 | 0.970 | 125.017 | 1.008 |
202209 | 0.906 | 125.227 | 0.940 |
202212 | 4.890 | 125.222 | 5.071 |
202303 | 5.609 | 127.348 | 5.720 |
202306 | 3.169 | 128.729 | 3.197 |
202309 | 2.544 | 129.860 | 2.544 |
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.
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.
Thank you for viewing the detailed overview of Tingo Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Tingo, Inc. | 10 percent owner | 11650 SOUTH STATE STREET, SUITE 240, DRAPER UT 84020 |
David Trippier | director | 28 WEST GRAND AVENUE, SUITE 3, MONTVALE NJ 07645 |
Amran Shamian Moran Rachel | officer: Controller | 28 WEST GRAND AVENUE, SUITE 3, MONTVALE NJ 07645 |
John Mcmillan Scott | director | 22 CLAY HAYES, CHELFORD, CHESHIRE X0 SK119ST |
John J Brown | director | 1450 BOOT RD BLDG 400, ROM TECH INC, WEST CHESTER PA 19380 |
Jamal Khurshid | director | BEAMS END, OLD BRIGHTON ROAD, PEASE POTTAGE X0 RH11 9AJ |
Kenneth I Denos | director | 10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095 |
Kevin Hao Chen | officer: CFO | 28 WEST GRAND AVENUE, SUITE 3, MONTVALE NY 07645 |
Darren Mercer | director | 28 WEST GRAND AVENUE STE 3, MONTVALE NJ 07645 |
Robert John Benton | director | 28 WEST GRAND AVENUE, SUITE 3, MONTVALE NJ 07645 |
Jeffrey P. Bialos | director | C/O MICRONET ENERTEC TECHNOLOGIES, INC., 70 KINDERKAMACK ROAD, EMERSON NJ 07630 |
David Lucatz | director, 10 percent owner, officer: CEO and President | C/O MICRONET ENERTEC TECHNOLOGIES, INC., 70 KINDERKAMACK ROAD, EMERSON NJ 07630 |
Simon Erroll Prior-palmer | 10 percent owner | 19 EARLS COURT GARDENS, LONDON X0 SW5 0SZ |
Technology Plc Bnn | 10 percent owner | FIRST FLOOR, MALLORY HOUSE, GOOSTREY WAY, KNUTSFORD X0 WA16 7GY |
Oren Harari | officer: Chief Financial Officer | 28 WEST GRAND AVENUE, SUITE 3, MONTVALE NJ 07645 |
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