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Splash Beverage Group (Splash Beverage Group) Cyclically Adjusted Book per Share : $0.11 (As of Dec. 2023)


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What is Splash Beverage Group 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.

Splash Beverage Group's adjusted book value per share for the three months ended in Dec. 2023 was $-0.126. 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 $0.11 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-15), Splash Beverage Group's current stock price is $0.3091. Splash Beverage Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.11. Splash Beverage Group's Cyclically Adjusted PB Ratio of today is 2.81.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Splash Beverage Group was 6.36. The lowest was 2.82. And the median was 4.65.


Splash Beverage Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Splash Beverage Group'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.

Splash Beverage Group Cyclically Adjusted Book per Share Chart

Splash Beverage Group 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 - - - - 0.11

Splash Beverage Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 0.11 0.11

Competitive Comparison of Splash Beverage Group's Cyclically Adjusted Book per Share

For the Beverages - Wineries & Distilleries subindustry, Splash Beverage Group'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.


Splash Beverage Group's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Splash Beverage Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Splash Beverage Group 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, Splash Beverage Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.126/129.4194*129.4194
=-0.126

Current CPI (Dec. 2023) = 129.4194.

Splash Beverage Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -0.006 99.070 -0.008
201503 -0.006 99.621 -0.008
201506 -0.010 100.684 -0.013
201509 -0.015 100.392 -0.019
201512 0.000 99.792 0.000
201603 0.016 100.470 0.021
201606 0.007 101.688 0.009
201609 0.004 101.861 0.005
201612 0.011 101.863 0.014
201703 0.003 102.862 0.004
201706 -0.002 103.349 -0.003
201709 0.008 104.136 0.010
201712 -0.019 104.011 -0.024
201803 -0.014 105.290 -0.017
201806 0.004 106.317 0.005
201809 0.003 106.507 0.004
201812 -0.001 105.998 -0.001
201903 -0.015 107.251 -0.018
201906 -0.016 108.070 -0.019
201909 -0.030 108.329 -0.036
201912 -0.056 108.420 -0.067
202003 0.403 108.902 0.479
202006 0.393 108.767 0.468
202009 0.448 109.815 0.528
202012 -0.005 109.897 -0.006
202103 0.071 111.754 0.082
202106 0.426 114.631 0.481
202109 0.305 115.734 0.341
202112 0.264 117.630 0.290
202203 0.432 121.301 0.461
202206 0.307 125.017 0.318
202209 0.252 125.227 0.260
202212 0.227 125.222 0.235
202303 0.185 127.348 0.188
202306 0.093 128.729 0.093
202309 -0.015 129.860 -0.015
202312 -0.126 129.419 -0.126

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


Splash Beverage Group  (AMEX:SBEV) 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.

Splash Beverage Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.3091/0.11
=2.81

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Splash Beverage Group was 6.36. The lowest was 2.82. And the median was 4.65.


Be Aware

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


Splash Beverage Group Cyclically Adjusted Book per Share Related Terms

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


Splash Beverage Group (Splash Beverage Group) Business Description

Traded in Other Exchanges
N/A
Address
1314 East Las Olas Boulevard, Suite 221, Fort Lauderdale, FL, USA, 33301
Splash Beverage Group Inc is a portfolio company managing multiple brands across several growth segments within the consumer beverage industry. SBG operates in both the non-alcoholic and alcoholic beverage segments. The company's operations have its own vertically integrated B-to-B and B-to-C e-commerce distribution platform called Qplash, further expanding its distribution abilities and visibility. Its brands include TapouT and Salt Tequila. The company operates in two segments: Splash Beverage Group and E-Commerce.
Executives
Frederick William Caple director 853 VANDERBILT BEACH RD., #218, NAPLES FL 34108
Robert Nistico director, officer: CEO, President and Chairman 1314 E. LAS OLAS BLVD, SUITE #221, FT LAUDERDALE FL 33301
Ronald Charles Wall officer: Chief Financial Officer 1453 BISCAYA DRIVE, SURFSIDE FL 33154
William R. Meissner officer: President and CMO C/O JONES SODA CO., 234 9TH AVENUE NORTH, SEATTLE WA 98109
Fatima Dhalla officer: Interim CFO 1010 PALM AVE, #302, WEST HOLLYWOOD CA 90069
Candace Crawford director 1314 EAST LS OLAS BLVD, SUITE 221, FORT LAUDERDALE FL 33301
Peter J Mcdonough director 405 PARK AVENUE, NEW YORK NY 10022
Dean Scott Huge officer: Chief Financial Officer 2817 NE 32ND STREET, #201, FORT LAUDERDALE FL 33306
Justin W Yorke director, 10 percent owner, officer: Secretary C/O JMG EXPLORATION, 180 SOUTH LAKE AVENUE, PASADENA CA 91101
Michael Thomas Long director 1603 PASEO CARMEL, SAN DIMAS CA 91773
John Matthias Lepo director 927 15TH STREET, SUITE #1, SANTA MONICA CA 90403
Heather Kearns officer: Chief Executive Officer 4704 SONADO PL, PARKER CO 80134
Michael J. West director, 10 percent owner, officer: President and CEO 16325 EAST DORADO AVE., CENTENNIAL CO 80111
Wesbev Llc 10 percent owner 4 RICHLAND PLACE, PASADENA CA 91103
Stephen H. West director, officer: CFO and Secretary 16325 EAST DORADO AVE., CENTENNIAL CO 80111