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Red Cat Holdings (Red Cat Holdings) Cyclically Adjusted Book per Share : $2,747.13 (As of Jan. 2024)


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What is Red Cat Holdings 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.

Red Cat Holdings's adjusted book value per share for the three months ended in Jan. 2024 was $0.668. 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 $2,747.13 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Red Cat Holdings's average Cyclically Adjusted Book Growth Rate was -7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.70% 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 Red Cat Holdings was -7.20% per year. The lowest was -35.10% per year. And the median was -18.00% per year.

As of today (2024-06-04), Red Cat Holdings's current stock price is $0.9545. Red Cat Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $2,747.13. Red Cat Holdings's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Red Cat Holdings was 7.12. The lowest was 0.01. And the median was 0.06.


Red Cat Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Red Cat Holdings'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.

Red Cat Holdings Cyclically Adjusted Book per Share Chart

Red Cat Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,475.60 3,653.44 3,280.54 3,121.18 2,921.14

Red Cat Holdings Quarterly Data
Mar19 Jun19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2,960.75 2,921.14 2,866.11 2,810.73 2,747.13

Competitive Comparison of Red Cat Holdings's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Red Cat Holdings'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.


Red Cat Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Red Cat Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Red Cat Holdings 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, Red Cat Holdings's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.668/130.1244*130.1244
=0.668

Current CPI (Jan. 2024) = 130.1244.

Red Cat Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,035.375 99.695 1,351.404
201406 1,029.000 100.560 1,331.530
201409 68,733.333 100.428 89,057.848
201412 10,516.667 99.070 13,813.255
201503 1,808.947 99.621 2,362.834
201506 1,800.000 100.684 2,326.329
201509 454.211 100.392 588.734
201512 -127.895 99.792 -166.769
201603 -121.579 100.470 -157.463
201606 -147.368 101.688 -188.578
201609 154.535 101.861 197.414
201612 -144.094 101.863 -184.073
201703 -92.889 102.862 -117.508
201706 -69.731 103.349 -87.797
201709 -76.232 104.136 -95.257
201712 -85.297 104.011 -106.712
201803 -6.357 105.290 -7.856
201806 -5.396 106.317 -6.604
201809 -7.250 106.507 -8.858
201812 -12.787 105.998 -15.697
201903 -14.168 107.251 -17.190
201906 1.092 108.070 1.315
201910 0.007 108.577 0.008
202001 0.091 108.841 0.109
202004 0.074 108.173 0.089
202007 0.061 109.318 0.073
202010 0.053 109.861 0.063
202101 -0.025 110.364 -0.029
202104 0.178 112.673 0.206
202107 1.592 115.183 1.799
202110 1.593 116.696 1.776
202201 1.554 118.619 1.705
202204 1.449 121.978 1.546
202207 1.392 125.002 1.449
202210 1.276 125.734 1.321
202301 1.193 126.223 1.230
202304 1.001 127.992 1.018
202307 0.900 128.974 0.908
202310 0.824 129.810 0.826
202401 0.668 130.124 0.668

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


Red Cat Holdings  (NAS:RCAT) 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.

Red Cat Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.9545/2747.13
=0.00

* 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 Red Cat Holdings was 7.12. The lowest was 0.01. And the median was 0.06.


Be Aware

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


Red Cat Holdings Cyclically Adjusted Book per Share Related Terms

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


Red Cat Holdings (Red Cat Holdings) Business Description

Industry
Traded in Other Exchanges
Address
15 Avenue Munoz Rivera, Suite 2200, San Juan, PR, USA, 00901
Red Cat Holdings Inc is a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally. Red Cat's suite of solutions includes Teal Drones, developer of the Golden Eagle, a small unmanned system with the highest resolution imaging for night-time operations, and Skypersonic, a leading provider of unmanned aircraft for interior spaces and other dangerous environments.
Executives
Allan Thomas Evans officer: CEO of Fat Shark Holdings, Ltd 1400 VILLAGE SQ BLVD, UNIT #3-80448, TALLAHASSEE FL 32312
Nick Jr Liuzza director 79 WAPPING ROAD, PORTSMOUTH RI 02871
Jeffrey M Thompson director, 10 percent owner, officer: President and CEO 5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph David Freedman director 945 SOUTHSIDE PLACE, NASHVILLE TN 37203
Mary Beth Long director 309 FRANKLIN STREET, ALEXANDRIA VA 22314
Christopher R. Moe director 36 PROSPECT FARM ROAD, PORTSMOUTH RI 02871
George Michael Matus officer: CEO of Teal Drones subsidiary 5200 S HIGHLAND DRIVE, SUITE 201, HOLLADAY 2J 84117
Gregory Ralph French 10 percent owner 280 RALEIGH QUAY, WEST BAY E9 KY1-1300
Brains Riding In Tanks, Llc 10 percent owner 8861 DAY AVE SW, NAVARRE OH 44662
Joseph P Hernon officer: CFO, Secretary and Treasurer 1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Patrick Thomas Mitchell director 10615 JEFFERSON HWY, BATON ROUGE LA 70809
Gary R Smith director 2401 PGA BLVD, SUITE 272, PALM BEACH GARDENS FL 33410
Lou Iii Werner director 6900 E. CAMELBACK ROAD, SUITE 1020, SCOTTSDALE AZ 85251
Jessica L Smith officer: Interim CFO 8399 E. INDIAN SCHOOL RD., SUITE 202, SCOTTSDALE AZ 85251
John M. Wise director, 10 percent owner, officer: President 7690 E. CAMELBACK ROAD, SUITE 511, SCOTTSDALE AZ 85251