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Aqua Metals (Aqua Metals) Cyclically Adjusted Book per Share : $1.55 (As of Mar. 2024)


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What is Aqua Metals Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Aqua Metals's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was $0.242. 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 $1.55 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-22), Aqua Metals's current stock price is $ 0.416. Aqua Metals's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was $1.55. Aqua Metals's Cyclically Adjusted PB Ratio of today is 0.27.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Aqua Metals was 0.46. The lowest was 0.00. And the median was 0.00.


Aqua Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aqua Metals's Cyclically Adjusted Book per Share 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.

Aqua Metals Cyclically Adjusted Book per Share Chart

Aqua Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.55

Aqua Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - - - 1.55 -

Competitive Comparison of Aqua Metals's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Aqua Metals'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.


Aqua Metals's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Aqua Metals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aqua Metals Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Aqua Metals's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.242/129.4194*129.4194
=0.242

Current CPI (Dec. 2023) = 129.4194.

Aqua Metals Annual Data

Book Value per Share CPI Adj_Book
201412 0.000 99.070 0.000
201512 2.381 99.792 3.088
201612 3.188 101.863 4.050
201712 2.140 104.011 2.663
201812 1.287 105.998 1.571
201912 0.855 108.420 1.021
202012 0.483 109.897 0.569
202112 0.391 117.630 0.430
202212 0.263 125.222 0.272
202312 0.242 129.419 0.242

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Aqua Metals  (NAS:AQMS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Aqua Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.416/1.55
=0.27

* 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.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Aqua Metals was 0.46. The lowest was 0.00. And the median was 0.00.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Aqua Metals Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Aqua Metals's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Aqua Metals (Aqua Metals) Business Description

Industry
Traded in Other Exchanges
Address
5370 Kietzke Lane, Suite 201, Reno, NV, USA, 89511
Aqua Metals Inc is a United States-based company engaged in the business of recycling Lead through a novel, proprietary and patent-pending process that it developed and named AquaRefining. The company's breakthrough, AquaRefining, delivers a product, at a higher yield, eliminates toxic waste, reduces permitting and is less expensive to build than smelting. AquaRefining process will provide for the recycling of Lead acid batteries and the production of a pure grade Lead with a significantly lower cost of production, and with fewer environmental and regulatory issues, than conventional methods of Lead production.
Executives
Vincent L Divito director 329 DOLPHIN LANE, WEST BABYLON NY 11704
Sung Yi director C/O AQUA METALS.COM, 5370 KIETZKE LN SUITE 201, RENO NV 89511
Peifang Zhang director 21640 E. BRIARWOOD DR., AURORA CO 80016
Edward J Smith director 635 HOOD ROAD, MARKHAM A6 L3R 4N6
David Kanen director 6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Fund, Lp other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
David Mcmurtry officer: Chief Business Officer C/O AQUA METALS.COM, 5370 KIETZKE LN SUITE 201, RENO NV 89511
Stephen Cotton officer: Chief Commercial Officer 1010 ATLANTIC AVE, ALAMEDA CA 94501
Benjamin S. Taecker officer: Chief Eng and Opr Officer C/O AQUA METALS, 2500 PERU DR., MCCARRAN NV 89437
Judd Merrill officer: Chief Financial Officer 2425 CROOKED CANYON CT., RENO NV 89521
S. Shariq Yosufzai director 171 ALPINE TERRACE, OAKLAND CA 94618
Gayle J Gibson director 2500 PERU DRIVE, MCCARRAN NV 89437
Susanne Meline director P.O. BOX 515381, #86506, LOS ANGELES CA 90051
Sushil Kapoor director AQUA METALS, INC., 1010 ATLANTIC AVE STE 101, ALAMEDA CA 94501

Aqua Metals (Aqua Metals) Headlines