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Midwest Energy Emissions (Midwest Energy Emissions) Cyclically Adjusted Book per Share : $-0.16 (As of Mar. 2024)


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What is Midwest Energy Emissions 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.

Midwest Energy Emissions's adjusted book value per share for the three months ended in Mar. 2024 was $0.087. 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 $-0.16 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Midwest Energy Emissions was 5.30% per year. The lowest was -23.80% per year. And the median was -4.30% per year.

As of today (2024-05-22), Midwest Energy Emissions's current stock price is $0.8299. Midwest Energy Emissions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-0.16. Midwest Energy Emissions's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Midwest Energy Emissions was 22.50. The lowest was 0.15. And the median was 0.59.


Midwest Energy Emissions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Midwest Energy Emissions'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.

Midwest Energy Emissions Cyclically Adjusted Book per Share Chart

Midwest Energy Emissions 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 -0.15 -0.20 -0.16 -0.17 -0.17

Midwest Energy Emissions 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 -0.17 -0.17 -0.17 -0.17 -0.16

Competitive Comparison of Midwest Energy Emissions's Cyclically Adjusted Book per Share

For the Pollution & Treatment Controls subindustry, Midwest Energy Emissions'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.


Midwest Energy Emissions's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Midwest Energy Emissions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Midwest Energy Emissions 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, Midwest Energy Emissions'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)
=0.087/131.7762*131.7762
=0.087

Current CPI (Mar. 2024) = 131.7762.

Midwest Energy Emissions Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.134 100.560 -0.176
201409 -0.164 100.428 -0.215
201412 -0.114 99.070 -0.152
201503 -0.269 99.621 -0.356
201506 -0.144 100.684 -0.188
201509 -0.137 100.392 -0.180
201512 -0.274 99.792 -0.362
201603 -0.248 100.470 -0.325
201606 -0.414 101.688 -0.536
201609 -0.542 101.861 -0.701
201612 -0.050 101.863 -0.065
201703 -0.072 102.862 -0.092
201706 -0.049 103.349 -0.062
201709 -0.034 104.136 -0.043
201712 -0.058 104.011 -0.073
201803 -0.079 105.290 -0.099
201806 -0.099 106.317 -0.123
201809 -0.106 106.507 -0.131
201812 -0.113 105.998 -0.140
201903 -0.083 107.251 -0.102
201906 -0.094 108.070 -0.115
201909 -0.103 108.329 -0.125
201912 -0.116 108.420 -0.141
202003 -0.134 108.902 -0.162
202006 -0.146 108.767 -0.177
202009 -0.157 109.815 -0.188
202012 -0.169 109.897 -0.203
202103 -0.127 111.754 -0.150
202106 -0.104 114.631 -0.120
202109 -0.106 115.734 -0.121
202112 -0.115 117.630 -0.129
202203 -0.126 121.301 -0.137
202206 -0.125 125.017 -0.132
202209 -0.113 125.227 -0.119
202212 -0.080 125.222 -0.084
202303 -0.090 127.348 -0.093
202306 -0.097 128.729 -0.099
202309 -0.105 129.860 -0.107
202312 -0.008 129.419 -0.008
202403 0.087 131.776 0.087

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


Midwest Energy Emissions  (OTCPK:MEEC) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Midwest Energy Emissions was 22.50. The lowest was 0.15. And the median was 0.59.


Be Aware

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


Midwest Energy Emissions Cyclically Adjusted Book per Share Related Terms

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


Midwest Energy Emissions (Midwest Energy Emissions) Business Description

Traded in Other Exchanges
Address
1810 Jester Drive, Corsicana, TX, USA, 75109
Midwest Energy Emissions Corp. is an environmental services company. The company specializes in mercury emission control technologies, primarily for utility and industrial coal-fired units. It aims to deliver cost-effective mercury capture technologies to coal-fired power plants in the United States, Europe, and Asia. The group develops and deploys technologies to remove mercury emissions from coal-fired power plants. The company's products include Oxidizers, sorbents, and Scrubber Additive SA2. Geographically, all the activities function through the region of the United States and it achieves revenues from product sales, equipment sales, and demonstration and consulting services.
Executives
Fiona Fitzmaurice officer: Chief Financial Officer 145 WELLINGTON ST W, TORONTO A6 M5W 4J8
Troy J Grant director 749 SHORE DRIVE, BEDFORD A5 BA4 2E2
Gregory R Powell officer: Chief Financial Officer 1140 - 3280 BLOOR STREET WEST, CENTRE TOWER 11TH FLOOR, TORONTO A6 M8X 2X3
Christopher Greenberg director 14554 EAST LUPINE DRIVE, SCOTTSDALE AZ 85259
Richard Macpherson director, 10 percent owner, officer: Pres., Sec., Treas. 1810 JESTER DRIVE, CORSICANA TX 75109
Jami L. Satterthwaite officer: Chief Accounting Officer 108 SE COUNTY ROAD 3148, CORSICANA TX 75109
Zijl Frederick Van director C/O ALCENTRA CAPITAL CORPORATION, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Allan T Grantham director 1160 SHORE DRIVE, BEDFORD A5 B4A2E5
Alterna Core Capital Assets Fund Ii, L.p. 10 percent owner C/O ALTERNA CAPITAL PARTNERS LLC, 10 CORPORATE DRIVE, SUITE 2204, BEDFORD NH 03110
Brian Lee Johnson director 654 VINEYARD DRIVE, GRAND FORKS ND 58201
Christopher Joel Lee director 6127 27TH ST S, FARGO ND 58104
John Pavlish officer: Senior VP/Chief Tech Officer 2517 KINCAID PL, THE VILLAGES FL 32163
Keith R Mcgee officer: Senior VP Bus Dev/Inv Rel 103 EAST END AVENUE, SHREWSBURY NJ 07702
Eric M. Press 10 percent owner C/O ALTERNA CAPITAL PARTNERS LLC, 15 RIVER ROAD, SUITE 320, WILTON CT 06897
Alterna General Partner Ii Llc 10 percent owner C/O ALTERNA CAPITAL PARTNERS LLC, 15 RIVER ROAD, SUITE 320, WILTON CT 06897