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BlackBerry (BUE:BBRY) Cyclically Adjusted Book per Share : ARS1,617.34 (As of Feb. 2024)


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What is BlackBerry 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.

BlackBerry's adjusted book value per share for the three months ended in Feb. 2024 was ARS153.631. 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 ARS1,617.34 for the trailing ten years ended in Feb. 2024.

During the past 12 months, BlackBerry's average Cyclically Adjusted Book Growth Rate was -16.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -5.60% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of BlackBerry was 29.20% per year. The lowest was -15.80% per year. And the median was 3.20% per year.

As of today (2024-06-04), BlackBerry's current stock price is ARS1181.50. BlackBerry's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was ARS1,617.34. BlackBerry's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BlackBerry was 1.70. The lowest was 0.39. And the median was 0.86.


BlackBerry Cyclically Adjusted Book per Share Historical Data

The historical data trend for BlackBerry'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.

BlackBerry Cyclically Adjusted Book per Share Chart

BlackBerry Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.68 413.71 461.35 659.26 1,617.34

BlackBerry Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 659.26 838.68 1,261.07 1,305.37 1,617.34

Competitive Comparison of BlackBerry's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, BlackBerry'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.


BlackBerry's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, BlackBerry's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BlackBerry 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, BlackBerry's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=153.631/125.4675*125.4675
=153.631

Current CPI (Feb. 2024) = 125.4675.

BlackBerry Quarterly Data

Book Value per Share CPI Adj_Book
201405 18.950 99.394 23.921
201408 18.525 99.315 23.403
201411 18.118 99.078 22.944
201502 18.867 99.078 23.892
201505 19.885 100.263 24.884
201508 20.904 100.579 26.077
201511 21.156 100.421 26.433
201602 31.808 100.421 39.741
201605 23.283 101.765 28.706
201608 20.873 101.686 25.755
201611 19.831 101.607 24.488
201702 19.993 102.476 24.479
201705 27.714 103.108 33.724
201708 30.150 103.108 36.688
201711 27.016 103.740 32.674
201802 31.369 104.688 37.595
201805 30.244 105.399 36.003
201808 41.418 106.031 49.010
201811 55.078 105.478 65.516
201902 59.820 106.268 70.628
201905 69.890 107.927 81.248
201908 68.232 108.085 79.205
201911 91.611 107.769 106.656
202002 91.653 108.559 105.928
202005 76.450 107.532 89.201
202008 82.896 108.243 96.087
202011 77.318 108.796 89.166
202102 77.634 109.745 88.757
202105 80.114 111.404 90.228
202108 72.425 112.668 80.653
202111 81.136 113.932 89.351
202202 94.610 115.986 102.344
202205 92.225 120.016 96.414
202208 101.254 120.569 105.368
202211 120.903 121.675 124.671
202302 91.890 122.070 94.447
202305 109.178 124.045 110.430
202308 130.653 125.389 130.735
202311 164.417 125.468 164.417
202402 153.631 125.468 153.631

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


BlackBerry  (BUE:BBRY) 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.

BlackBerry's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1181.50/1617.34
=0.73

* 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 13 years, the highest Cyclically Adjusted PB Ratio of BlackBerry was 1.70. The lowest was 0.39. And the median was 0.86.


Be Aware

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


BlackBerry Cyclically Adjusted Book per Share Related Terms

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


BlackBerry (BUE:BBRY) Business Description

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BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.

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