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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.
Touchpoint Group Holdings's adjusted book value per share for the three months ended in Sep. 2022 was $-0.003. 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 $36.15 for the trailing ten years ended in Sep. 2022.
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 (2024-06-05), Touchpoint Group Holdings's current stock price is $0.0001. Touchpoint Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was $36.15. Touchpoint Group Holdings's Cyclically Adjusted PB Ratio of today is 0.00.
The historical data trend for Touchpoint Group 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.
Touchpoint Group Holdings Quarterly Data | ||||||||||||||||||||
Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | |
Cyclically Adjusted Book per Share | Get a 7-Day Free Trial | 39.87 | 41.13 | 37.63 | 36.05 | 36.15 |
For the Software - Application subindustry, Touchpoint Group 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.
For the Software industry and Technology sector, Touchpoint Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Touchpoint Group Holdings's Cyclically Adjusted PB Ratio falls into.
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, Touchpoint Group Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:
Adj_Book | = | Book Value per Share | / | CPI of Sep. 2022 (Change) | * | Current CPI (Sep. 2022) |
= | -0.003 | / | 125.2265 | * | 125.2265 | |
= | -0.003 |
Current CPI (Sep. 2022) = 125.2265.
Touchpoint Group Holdings Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201212 | 43.091 | 96.871 | 55.704 |
201303 | 83.821 | 98.209 | 106.880 |
201306 | 101.733 | 98.518 | 129.313 |
201309 | 138.811 | 98.790 | 175.957 |
201312 | 73.313 | 98.326 | 93.370 |
201403 | 72.501 | 99.695 | 91.069 |
201406 | 70.306 | 100.560 | 87.552 |
201409 | 70.744 | 100.428 | 88.213 |
201412 | 75.666 | 99.070 | 95.644 |
201503 | 73.484 | 99.621 | 92.371 |
201506 | 65.712 | 100.684 | 81.730 |
201509 | 69.648 | 100.392 | 86.878 |
201512 | 34.295 | 99.792 | 43.036 |
201603 | 38.891 | 100.470 | 48.474 |
201606 | 33.074 | 101.688 | 40.730 |
201609 | 27.788 | 101.861 | 34.162 |
201612 | 16.832 | 101.863 | 20.693 |
201703 | 11.412 | 102.862 | 13.893 |
201706 | 6.399 | 103.349 | 7.754 |
201709 | 12.112 | 104.136 | 14.565 |
201712 | 5.992 | 104.011 | 7.214 |
201803 | 6.693 | 105.290 | 7.960 |
201806 | 7.490 | 106.317 | 8.822 |
201809 | 5.948 | 106.507 | 6.993 |
201812 | 1.970 | 105.998 | 2.327 |
201903 | 1.769 | 107.251 | 2.065 |
201906 | 1.439 | 108.070 | 1.667 |
201909 | 0.462 | 108.329 | 0.534 |
201912 | 0.235 | 108.420 | 0.271 |
202003 | 0.087 | 108.902 | 0.100 |
202006 | 0.017 | 108.767 | 0.020 |
202009 | -0.004 | 109.815 | -0.005 |
202012 | -0.006 | 109.897 | -0.007 |
202103 | -0.007 | 111.754 | -0.008 |
202106 | -0.012 | 114.631 | -0.013 |
202109 | -0.013 | 115.734 | -0.014 |
202112 | -0.009 | 117.630 | -0.010 |
202203 | -0.008 | 121.301 | -0.008 |
202206 | -0.010 | 125.017 | -0.010 |
202209 | -0.003 | 125.227 | -0.003 |
Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.
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.
Touchpoint Group Holdings's Cyclically Adjusted PB Ratio of today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 0.0001 | / | 36.15 | |
= | 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.
Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.
Thank you for viewing the detailed overview of Touchpoint Group Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhanming Wu | 10 percent owner | ROOM 703, BUILDING NO. 5, NO. 868 PUMING ROAD, SHANGHAI F4 200120 |
Ajing Zhang | director | ROOM 901, NO. 4, LANE 999, SHI LONG ROAD, XUHUI DISTRICT, SHANGHAI F4 200237 |
Pengfei Li | director | ROOM 601, NO. 11, LANE 1188, SOUTH WANPING ROAD, XUHUI DISTRICT, SHANGHAI F4 200232 |
Edwin Lun | officer: Chief Operating Officer | ROOM 1808,18/F HUTCHISON HSE.10 HARCOURT, HONG KONG F4 XXXXXXX |
Mark Brian White | director, 10 percent owner, officer: Chief Executive Officer | IMMEUBLE MILA, CHAMPERY V8 1874 |
Martin Christopher Ward | director, officer: Chief Financial Officer | CHALKSTREAM, KINGS SOMBORNE, STOCKBRIDGE X0 S020 6NZ |
Robert Paul Vogler | director | INDUSTRIESTRASSE 40, ZUG V8 CH6300 |
Robert Philip Law | director | 2 TOWER MEWS, SALISBURY X0 SP1 3DJ |
Charles Richard Vos | director | 45 STAR STREET, LONDON X0 W2 1QA |
Nicholas Paul Carpinello | director | 1686 BEECHSHIRE DRIVE, CINCINNATI OH 45255 |
Stephen Michael Austin | director | 39 TEMPLE FORTUNE HILL, LONDON X0 NW11 7XP |
Brian James Collins | director, 10 percent owner, officer: VP, Chief Technology Officer | HEIDWEG 7B, KLOSTERS V8 7250 |
John D Hannesson | officer: Exec VP, Secretary | 18661 VIA PALATINO, IRVINE CA 92603 |
Kenneth F Raznick | director, 10 percent owner, officer: Chairman of the Board | ONE WAKONDA, DOVE CANYON CA 92679 |
Mark Dicamillo | officer: Exec VP, COO | ONE WAKONDA, DOVE CANYON CA 92679 |
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