GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » CHAR Technologies Ltd (TSXV:YES) » Definitions » Cyclically Adjusted Book per Share

CHAR Technologies (TSXV:YES) Cyclically Adjusted Book per Share : C$0.08 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is CHAR Technologies 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.

CHAR Technologies's adjusted book value per share for the three months ended in Dec. 2023 was C$0.050. 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 C$0.08 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 (2024-06-03), CHAR Technologies's current stock price is C$0.39. CHAR Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.08. CHAR Technologies's Cyclically Adjusted PB Ratio of today is 4.88.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of CHAR Technologies was 6.88. The lowest was 4.38. And the median was 5.31.


CHAR Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for CHAR Technologies'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.

CHAR Technologies Cyclically Adjusted Book per Share Chart

CHAR Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.08

CHAR Technologies 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 - - - 0.08 0.08

Competitive Comparison of CHAR Technologies's Cyclically Adjusted Book per Share

For the Waste Management subindustry, CHAR Technologies'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.


CHAR Technologies's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, CHAR Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CHAR Technologies 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, CHAR Technologies'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)
=0.05/125.0724*125.0724
=0.050

Current CPI (Dec. 2023) = 125.0724.

CHAR Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.069 98.604 0.088
201406 0.068 99.473 0.085
201409 0.067 99.394 0.084
201412 0.066 98.367 0.084
201503 0.065 99.789 0.081
201506 0.064 100.500 0.080
201509 0.062 100.421 0.077
201512 0.059 99.947 0.074
201603 0.117 101.054 0.145
201606 0.114 102.002 0.140
201609 0.105 101.765 0.129
201612 0.101 101.449 0.125
201703 0.096 102.634 0.117
201706 0.088 103.029 0.107
201709 0.047 103.345 0.057
201712 0.076 103.345 0.092
201803 0.086 105.004 0.102
201806 0.080 105.557 0.095
201809 0.054 105.636 0.064
201812 0.051 105.399 0.061
201903 0.047 106.979 0.055
201906 0.052 107.690 0.060
201909 0.042 107.611 0.049
201912 0.039 107.769 0.045
202003 0.034 107.927 0.039
202006 0.030 108.401 0.035
202009 0.029 108.164 0.034
202012 0.035 108.559 0.040
202103 0.101 110.298 0.115
202106 0.093 111.720 0.104
202109 0.078 112.905 0.086
202112 0.060 113.774 0.066
202203 0.092 117.646 0.098
202206 0.075 120.806 0.078
202209 0.057 120.648 0.059
202212 0.047 120.964 0.049
202303 0.051 122.702 0.052
202306 0.032 124.203 0.032
202309 0.069 125.230 0.069
202312 0.050 125.072 0.050

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


CHAR Technologies  (TSXV:YES) 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.

CHAR Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.39/0.08
=4.88

* 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 10 years, the highest Cyclically Adjusted PB Ratio of CHAR Technologies was 6.88. The lowest was 4.38. And the median was 5.31.


Be Aware

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


CHAR Technologies Cyclically Adjusted Book per Share Related Terms

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


CHAR Technologies (TSXV:YES) Business Description

Industry
Traded in Other Exchanges
Address
789 Don Mills Road, Suite 403, Toronto, ON, CAN, M3C 1T5
CHAR Technologies Ltd is a cleantech development and services company, specializing in high-temperature pyrolysis, converting woody materials and organic waste into renewable gases, biocarbon development activated charcoal 'SulfaCHAR' and solid biofuel 'CleanFyre'. It also provides custom equipment for industrial air and water treatment, and services in environmental management, site investigation, and remediation, engineering, and resource efficiency.
Executives
Nikita James Nanos Director

CHAR Technologies (TSXV:YES) Headlines

No Headlines