GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » OriginClear Inc (OTCPK:OCLN) » Definitions » Cyclically Adjusted Book per Share

OriginClear (OriginClear) Cyclically Adjusted Book per Share : $-1,379.84 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is OriginClear 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.

OriginClear's adjusted book value per share for the three months ended in Mar. 2024 was $-0.034. 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 $-1,379.84 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 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 OriginClear was 9.30% per year. The lowest was -1.00% per year. And the median was 4.20% per year.

As of today (2024-05-23), OriginClear's current stock price is $0.0105. OriginClear's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-1,379.84. OriginClear's Cyclically Adjusted PB Ratio of today is .


OriginClear Cyclically Adjusted Book per Share Historical Data

The historical data trend for OriginClear'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.

OriginClear Cyclically Adjusted Book per Share Chart

OriginClear 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 -2,009.14 -1,833.00 -2,273.07 -1,905.04 -1,491.34

OriginClear 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 -1,650.96 -1,660.60 -1,561.29 -1,491.34 -1,379.84

Competitive Comparison of OriginClear's Cyclically Adjusted Book per Share

For the Waste Management subindustry, OriginClear'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.


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

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

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



OriginClear 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, OriginClear'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)
=-0.034/131.7762*131.7762
=-0.034

Current CPI (Mar. 2024) = 131.7762.

OriginClear Quarterly Data

Book Value per Share CPI Adj_Book
201406 -5,910.084 100.560 -7,744.752
201409 -5,850.376 100.428 -7,676.563
201412 -5,070.423 99.070 -6,744.353
201503 -4,618.452 99.621 -6,109.168
201506 -3,991.905 100.684 -5,224.649
201509 -3,891.489 100.392 -5,108.058
201512 -3,841.265 99.792 -5,072.403
201603 -2,542.131 100.470 -3,334.239
201606 -1,131.736 101.688 -1,466.601
201609 -1,716.959 101.861 -2,221.207
201612 -1,101.681 101.863 -1,425.206
201703 -706.557 102.862 -905.166
201706 -497.302 103.349 -634.089
201709 -366.377 104.136 -463.624
201712 -174.203 104.011 -220.705
201803 -326.169 105.290 -408.220
201806 -249.784 106.317 -309.599
201809 -35.234 106.507 -43.594
201812 -18.999 105.998 -23.619
201903 -11.406 107.251 -14.014
201906 -12.232 108.070 -14.915
201909 -7.614 108.329 -9.262
201912 -9.180 108.420 -11.158
202003 -2.414 108.902 -2.921
202006 -2.307 108.767 -2.795
202009 -0.768 109.815 -0.922
202012 -0.456 109.897 -0.547
202103 -0.400 111.754 -0.472
202106 -0.293 114.631 -0.337
202109 -0.144 115.734 -0.164
202112 -0.073 117.630 -0.082
202203 -0.046 121.301 -0.050
202206 -0.041 125.017 -0.043
202209 -0.056 125.227 -0.059
202212 -0.026 125.222 -0.027
202303 -0.024 127.348 -0.025
202306 -0.025 128.729 -0.026
202309 -0.030 129.860 -0.030
202312 -0.026 129.419 -0.026
202403 -0.034 131.776 -0.034

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


OriginClear  (OTCPK:OCLN) 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.


OriginClear Cyclically Adjusted Book per Share Related Terms

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


OriginClear (OriginClear) Business Description

Industry
Traded in Other Exchanges
N/A
Address
13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760
OriginClear Inc is a water technology company. Its technology capabilities have now been organized under the umbrella brand of OriginClear Tech Group. OriginClear, under the brand of OriginClear Tech Group, designs, engineers, manufactures, and distributes water treatment solutions for commercial, industrial, and municipal end markets.