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Vertex Energy (STU:5VE) Cyclically Adjusted Book per Share : €1.33 (As of Mar. 2024)


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What is Vertex Energy 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.

Vertex Energy's adjusted book value per share for the three months ended in Mar. 2024 was €1.761. 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 €1.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vertex Energy's average Cyclically Adjusted Book Growth Rate was 5.10% per year. 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 9.90% 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 Vertex Energy was 128.30% per year. The lowest was -48.70% per year. And the median was 14.00% per year.

As of today (2024-06-10), Vertex Energy's current stock price is €0.957. Vertex Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.33. Vertex Energy's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vertex Energy was 14.63. The lowest was 0.34. And the median was 3.68.


Vertex Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vertex Energy'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.

Vertex Energy Cyclically Adjusted Book per Share Chart

Vertex Energy 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 - - 1.06 1.24 1.36

Vertex Energy 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 1.26 1.25 1.42 1.36 1.33

Competitive Comparison of Vertex Energy's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Vertex Energy'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.


Vertex Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vertex Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vertex Energy 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, Vertex Energy'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)
=1.761/131.7762*131.7762
=1.761

Current CPI (Mar. 2024) = 131.7762.

Vertex Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.901 100.560 2.491
201409 1.914 100.428 2.511
201412 1.691 99.070 2.249
201503 1.371 99.621 1.814
201506 1.496 100.684 1.958
201509 1.408 100.392 1.848
201512 1.331 99.792 1.758
201603 1.301 100.470 1.706
201606 1.175 101.688 1.523
201609 1.103 101.861 1.427
201612 1.104 101.863 1.428
201703 1.013 102.862 1.298
201706 0.891 103.349 1.136
201709 0.747 104.136 0.945
201712 0.724 104.011 0.917
201803 0.623 105.290 0.780
201806 0.703 106.317 0.871
201809 0.607 106.507 0.751
201812 0.599 105.998 0.745
201903 0.478 107.251 0.587
201906 0.450 108.070 0.549
201909 0.433 108.329 0.527
201912 0.463 108.420 0.563
202003 0.505 108.902 0.611
202006 0.279 108.767 0.338
202009 0.189 109.815 0.227
202012 0.083 109.897 0.100
202103 0.284 111.754 0.335
202106 0.228 114.631 0.262
202109 0.479 115.734 0.545
202112 0.393 117.630 0.440
202203 1.440 121.301 1.564
202206 1.202 125.017 1.267
202209 1.585 125.227 1.668
202212 2.043 125.222 2.150
202303 2.687 127.348 2.780
202306 2.360 128.729 2.416
202309 2.599 129.860 2.637
202312 1.925 129.419 1.960
202403 1.761 131.776 1.761

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


Vertex Energy  (STU:5VE) 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.

Vertex Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.957/1.33
=0.72

* 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 Vertex Energy was 14.63. The lowest was 0.34. And the median was 3.68.


Be Aware

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


Vertex Energy Cyclically Adjusted Book per Share Related Terms

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


Vertex Energy (STU:5VE) Business Description

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Address
1331 Gemini Street, Suite 250, Houston, TX, USA, 77058
Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Refining and Marketing, and Recovery. The company generates maximum revenue from the Refining and Marketing segment. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations.

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