GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Orbital Infrastructure Group Inc (STU:CIJ0) » Definitions » Cyclically Adjusted Book per Share

Orbital Infrastructure Group (STU:CIJ0) Cyclically Adjusted Book per Share : €77.02 (As of Mar. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Orbital Infrastructure 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.

Orbital Infrastructure Group's adjusted book value per share for the three months ended in Mar. 2023 was €-31.247. 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 €77.02 for the trailing ten years ended in Mar. 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 (2024-05-23), Orbital Infrastructure Group's current stock price is €2.00. Orbital Infrastructure Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was €77.02. Orbital Infrastructure Group's Cyclically Adjusted PB Ratio of today is 0.03.


Orbital Infrastructure Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Orbital Infrastructure 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.

Orbital Infrastructure Group Cyclically Adjusted Book per Share Chart

Orbital Infrastructure Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.22 80.95 79.46 82.91 78.70

Orbital Infrastructure Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 83.93 84.60 81.79 78.70 77.02

Competitive Comparison of Orbital Infrastructure Group's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Orbital Infrastructure 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.


Orbital Infrastructure Group's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Orbital Infrastructure Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Orbital Infrastructure 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, Orbital Infrastructure Group's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-31.247/127.3478*127.3478
=-31.247

Current CPI (Mar. 2023) = 127.3478.

Orbital Infrastructure Group Quarterly Data

Book Value per Share CPI Adj_Book
201306 103.139 98.518 133.321
201309 104.128 98.790 134.229
201312 97.336 98.326 126.066
201403 100.478 99.695 128.349
201406 103.294 100.560 130.811
201409 107.247 100.428 135.995
201412 103.148 99.070 132.590
201503 108.625 99.621 138.858
201506 106.656 100.684 134.901
201509 104.674 100.392 132.780
201512 105.037 99.792 134.041
201603 97.437 100.470 123.503
201606 91.419 101.688 114.487
201609 89.395 101.861 111.763
201612 88.170 101.863 110.229
201703 80.861 102.862 100.109
201706 75.948 103.349 93.584
201709 69.817 104.136 85.379
201712 68.401 104.011 83.748
201803 64.656 105.290 78.202
201806 61.559 106.317 73.736
201809 59.736 106.507 71.425
201812 51.150 105.998 61.453
201903 51.467 107.251 61.111
201906 48.756 108.070 57.453
201909 49.684 108.329 58.407
201912 54.687 108.420 64.234
202003 46.058 108.902 53.860
202006 32.716 108.767 38.305
202009 27.494 109.815 31.884
202012 18.379 109.897 21.297
202103 31.875 111.754 36.323
202106 36.064 114.631 40.065
202109 46.947 115.734 51.658
202112 41.589 117.630 45.025
202203 26.210 121.301 27.517
202206 16.807 125.017 17.120
202209 -27.186 125.227 -27.647
202212 -33.728 125.222 -34.301
202303 -31.247 127.348 -31.247

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


Orbital Infrastructure Group  (STU:CIJ0) 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.

Orbital Infrastructure Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.00/77.02
=0.03

* 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.


Be Aware

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


Orbital Infrastructure Group Cyclically Adjusted Book per Share Related Terms

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


Orbital Infrastructure Group (STU:CIJ0) Business Description

Traded in Other Exchanges
N/A
Address
5444 Westheimer Road, Suite 1650, Houston, TX, USA, 77056
Orbital Infrastructure Group Inc is a diversified infrastructure services platform, providing engineering, design, construction, and maintenance services to customers in three operating segments namely electric power, telecommunications, and renewables.

Orbital Infrastructure Group (STU:CIJ0) Headlines

No Headlines