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V-cube (V-cube) Cyclically Adjusted Book per Share : $2.46 (As of Mar. 2024)


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What is V-cube 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.

V-cube's adjusted book value per share for the three months ended in Mar. 2024 was $0.301. 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 $2.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, V-cube's average Cyclically Adjusted Book Growth Rate was 1.10% 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.

As of today (2024-06-08), V-cube's current stock price is $3.34. V-cube's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.46. V-cube's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of V-cube was 2.75. The lowest was 1.18. And the median was 1.81.


V-cube Cyclically Adjusted Book per Share Historical Data

The historical data trend for V-cube'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.

V-cube Cyclically Adjusted Book per Share Chart

V-cube 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 - - - - 2.04

V-cube 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 2.52 1.81 1.69 2.04 2.46

Competitive Comparison of V-cube's Cyclically Adjusted Book per Share

For the Software - Application subindustry, V-cube'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.


V-cube's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, V-cube's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where V-cube's Cyclically Adjusted PB Ratio falls into.



V-cube 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, V-cube'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)
=0.301/107.2000*107.2000
=0.301

Current CPI (Mar. 2024) = 107.2000.

V-cube Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.046 98.000 2.238
201409 1.980 98.500 2.155
201412 1.873 97.900 2.051
201503 1.846 97.900 2.021
201506 1.846 98.400 2.011
201509 1.858 98.500 2.022
201512 1.870 98.100 2.043
201603 1.870 97.900 2.048
201606 1.771 98.100 1.935
201609 1.783 98.000 1.950
201612 1.620 98.400 1.765
201703 1.521 98.100 1.662
201706 1.298 98.500 1.413
201709 1.449 98.800 1.572
201712 1.232 99.400 1.329
201803 1.238 99.200 1.338
201806 1.197 99.200 1.294
201809 1.227 99.900 1.317
201812 1.367 99.700 1.470
201903 1.138 99.700 1.224
201906 1.211 99.800 1.301
201909 1.307 100.100 1.400
201912 1.153 100.500 1.230
202003 1.140 100.300 1.218
202006 1.272 99.900 1.365
202009 1.379 99.900 1.480
202012 1.508 99.300 1.628
202103 1.604 99.900 1.721
202106 1.632 99.500 1.758
202109 1.625 100.100 1.740
202112 1.827 100.100 1.957
202203 1.934 101.100 2.051
202206 1.987 101.800 2.092
202209 1.919 103.100 1.995
202212 1.803 104.100 1.857
202303 1.844 104.400 1.893
202306 1.886 105.200 1.922
202309 1.720 106.200 1.736
202312 0.180 106.800 0.181
202403 0.301 107.200 0.301

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


V-cube  (OTCPK:VCCBF) 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.

V-cube's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.34/2.46
=1.36

* 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 12 years, the highest Cyclically Adjusted PB Ratio of V-cube was 2.75. The lowest was 1.18. And the median was 1.81.


Be Aware

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


V-cube Cyclically Adjusted Book per Share Related Terms

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


V-cube (V-cube) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » V-cube Inc (OTCPK:VCCBF) » Definitions » Cyclically Adjusted Book per Share
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Address
Nakameguro GT Tower 20F, Kamimeguro 2-1-1, Tokyo, JPN, 153-0051
V-cube Inc operates in three segments, namely Event DX, Third Place DX, and Enterprise DX. Event DX Business includes remoting events in various fields; and Product provision, operational design, direction operation, log analysis, and other operational support. Third Place DX Business includes providing Telecube to companies and the public sector; and Higher value-added Telecube and development and deployment of third-place management and operation system. Enterprise DX business includes remote communication products for internal and external companies; and development, provision, and operational support of industry/application-specific remote communication products using SDK and hardware.

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