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CareView Communications (CareView Communications) Cyclically Adjusted Book per Share : $-0.52 (As of Mar. 2024)


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What is CareView Communications 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.

CareView Communications's adjusted book value per share for the three months ended in Mar. 2024 was $-0.064. 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 $-0.52 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -22.10% 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 CareView Communications was -22.10% per year. The lowest was -32.60% per year. And the median was -27.35% per year.

As of today (2024-06-06), CareView Communications's current stock price is $0.05. CareView Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-0.52. CareView Communications's Cyclically Adjusted PB Ratio of today is .


CareView Communications Cyclically Adjusted Book per Share Historical Data

The historical data trend for CareView Communications'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.

CareView Communications Cyclically Adjusted Book per Share Chart

CareView Communications 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 -0.21 -0.28 -0.38 -0.49 -0.51

CareView Communications 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 -0.50 -0.51 -0.51 -0.51 -0.52

Competitive Comparison of CareView Communications's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, CareView Communications'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.


CareView Communications's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CareView Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CareView Communications 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, CareView Communications's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.064/131.7762*131.7762
=-0.064

Current CPI (Mar. 2024) = 131.7762.

CareView Communications Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.099 100.560 -0.130
201409 -0.118 100.428 -0.155
201412 -0.107 99.070 -0.142
201503 -0.119 99.621 -0.157
201506 -0.133 100.684 -0.174
201509 -0.155 100.392 -0.203
201512 -0.181 99.792 -0.239
201603 -0.209 100.470 -0.274
201606 -0.237 101.688 -0.307
201609 -0.266 101.861 -0.344
201612 -0.302 101.863 -0.391
201703 -0.341 102.862 -0.437
201706 -0.375 103.349 -0.478
201709 -0.411 104.136 -0.520
201712 -0.446 104.011 -0.565
201803 -0.479 105.290 -0.599
201806 -0.511 106.317 -0.633
201809 -0.534 106.507 -0.661
201812 -0.558 105.998 -0.694
201903 -0.580 107.251 -0.713
201906 -0.604 108.070 -0.736
201909 -0.626 108.329 -0.761
201912 -0.658 108.420 -0.800
202003 -0.679 108.902 -0.822
202006 -0.701 108.767 -0.849
202009 -0.725 109.815 -0.870
202012 -0.741 109.897 -0.889
202103 -0.758 111.754 -0.894
202106 -0.777 114.631 -0.893
202109 -0.790 115.734 -0.900
202112 -0.809 117.630 -0.906
202203 -0.823 121.301 -0.894
202206 -0.841 125.017 -0.886
202209 -0.839 125.227 -0.883
202212 -0.540 125.222 -0.568
202303 -0.128 127.348 -0.132
202306 -0.058 128.729 -0.059
202309 -0.059 129.860 -0.060
202312 -0.062 129.419 -0.063
202403 -0.064 131.776 -0.064

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


CareView Communications  (OTCPK:CRVW) 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.


Be Aware

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


CareView Communications Cyclically Adjusted Book per Share Related Terms

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


CareView Communications (CareView Communications) Business Description

Traded in Other Exchanges
N/A
Address
405 State Highway 121 Bypass, Suite B-240, Lewisville, TX, USA, 75067
CareView Communications Inc is a United States-based company engaged in providing products and on-demand application services for the healthcare industry, specializing in bedside video monitoring, software tools to improve hospital communications and operations, and patient education and entertainment packages. It has developed a data network system called CareView System, which is a suite of video monitoring, guest services, and related applications that connect patients, families, and healthcare providers. The company also provides services to increase patient satisfaction scores and enhance the overall image of the hospital, including on-demand movies and video visits.
Executives
James R Higgins director 405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
L. Allen Wheeler director, 10 percent owner 515 GILL FARRELL, DURANT OK 74701
Stephen G Johnson director, 10 percent owner, officer: President and COO 804 TREE HAVEN CT., HIGHLAND VILLAGE TX 75077
Steven B Epstein director
Jon E Freeman officer: Chief Financial Officer 405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
David Richard White director 405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Jason T Thompson director 405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Sandra K Mcree officer: COO 405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Anthony P Piccin officer: Chief Financial Officer 3704 EVERTON DRIVE, FLOWER MOUND TX 75022
Gerald L Murphy director PO BOX 4696, TULSA OK 74159
Jeffrey C Lightcap director, 10 percent owner 152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Lp director, 10 percent owner 152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Fund Lp director, 10 percent owner Carnegie Hall Tower, 152 West 57th Street, 47th Floor, New York NY 10019
Healthcor Partners Management Gp, Llc director, 10 percent owner 152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Management Lp director, 10 percent owner 701 EAST BAY STREET, SUITE 516, CHARLESTON SC 29403

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