GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » COMSovereign Holding Corp (OTCPK:COMS) » Definitions » Cyclically Adjusted Book per Share

COMSovereign Holding (COMSovereign Holding) Cyclically Adjusted Book per Share : $194.05 (As of Sep. 2023)


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

What is COMSovereign Holding 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.

COMSovereign Holding's adjusted book value per share for the three months ended in Sep. 2023 was $-6.478. 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 $194.05 for the trailing ten years ended in Sep. 2023.

During the past 12 months, COMSovereign Holding's average Cyclically Adjusted Book Growth Rate was -56.80% 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 COMSovereign Holding was 60.80% per year. The lowest was 60.80% per year. And the median was 60.80% per year.

As of today (2024-05-16), COMSovereign Holding's current stock price is $0.205. COMSovereign Holding's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $194.05. COMSovereign Holding's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of COMSovereign Holding was 11.89. The lowest was 0.01. And the median was 0.03.


COMSovereign Holding Cyclically Adjusted Book per Share Historical Data

The historical data trend for COMSovereign Holding'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.

COMSovereign Holding Cyclically Adjusted Book per Share Chart

COMSovereign Holding 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 -657.51 -597.41 -42.96 438.40 405.56

COMSovereign Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 449.37 405.56 320.77 242.65 194.05

Competitive Comparison of COMSovereign Holding's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, COMSovereign Holding'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.


COMSovereign Holding's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, COMSovereign Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



COMSovereign Holding 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, COMSovereign Holding's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-6.478/129.8595*129.8595
=-6.478

Current CPI (Sep. 2023) = 129.8595.

COMSovereign Holding Quarterly Data

Book Value per Share CPI Adj_Book
201312 2,106.452 98.326 2,782.002
201403 224.242 99.695 292.092
201406 -409.091 100.560 -528.288
201409 824.419 100.428 1,066.026
201412 498.058 99.070 652.849
201503 239.895 99.621 312.711
201506 240.835 100.684 310.623
201509 225.632 100.392 291.862
201512 248.595 99.792 323.496
201603 204.615 100.470 264.468
201606 141.797 101.688 181.080
201609 73.263 101.861 93.401
201612 48.963 101.863 62.420
201703 32.066 102.862 40.482
201706 -7.759 103.349 -9.749
201709 -45.835 104.136 -57.157
201712 -75.270 104.011 -93.976
201803 -96.668 105.290 -119.226
201806 -125.907 106.317 -153.788
201809 -150.310 106.507 -183.267
201812 13.604 105.998 16.666
201903 21.846 107.251 26.451
201906 22.798 108.070 27.395
201909 29.152 108.329 34.946
201912 240.671 108.420 288.262
202003 224.459 108.902 267.656
202006 206.668 108.767 246.745
202009 216.302 109.815 255.784
202012 189.196 109.897 223.563
202103 220.147 111.754 255.813
202106 209.255 114.631 237.053
202109 197.149 115.734 221.211
202112 58.731 117.630 64.837
202203 57.982 121.301 62.073
202206 16.121 125.017 16.745
202209 13.460 125.227 13.958
202212 -6.301 125.222 -6.534
202303 -6.099 127.348 -6.219
202306 -5.901 128.729 -5.953
202309 -6.478 129.860 -6.478

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


COMSovereign Holding  (OTCPK:COMS) 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.

COMSovereign Holding's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.205/194.05
=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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of COMSovereign Holding was 11.89. The lowest was 0.01. And the median was 0.03.


Be Aware

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


COMSovereign Holding Cyclically Adjusted Book per Share Related Terms

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


COMSovereign Holding (COMSovereign Holding) Business Description

Traded in Other Exchanges
Address
6890 E Sunrise Drive, Suite 120-506, Tucson, AZ, USA, 85750
COMSovereign Holding Corp is a provider of telecom solutions to network operators, mobile device carriers, governmental units and other enterprises world wide. The company offers Telecom and Network Products and Solutions, Wireless Transport Solutions , Edge Compute Capable 4G LTE and 5G Network in a Box and Tethered Drones and Aerostats. The company generates maximum revenue from North America.
Executives
Billy Joe White director 191 OTTO ST., PORT TOWNSEND WA 98368
David Arthur Knight officer: Interim CEO 4461 E 79TH STREET, INDIANAPOLIS IN 46250
Brent M Davies director 5965 SOUTH 900 EAST SUITE 350, MURRAY UT 84121
Frances M. Jandjel officer: CFO & Executive Vice President 5000 QUORUM DRIVE SUITE 400, DALLAS TX 75254
Dustin H. Mcintire officer: Chief Technology Officer 5300 VIA ANDREA, NEWBURY CA 91320
Brian M Kelly officer: Exec VP for Business Dev 2445 FIFTH AVENUE, SUITE 450, SAN DIEGO CA 92101
Wade Martin R Iii officer: Chief Financial Officer 100 ROWLAND WAY, SUITE 300, NOVATO CA 94945
Harold Marion Patterson officer: Chief Operating Officer 5000 QUORUM DRIVE, SUITE 400, DALLAS TX 75254
Kaumudi Kay Kapoor director 9814 POTOMAC MANORS DRIVE, POTOMAC MD 20854
Kevin Sherlock officer: General Counsel and Secretary 4605 N PASEO AQUIMURI, TUCSON AZ 85750
Mohan Rao Tammisetti officer: SVP Engineering 25643 SOUTH VILLAGE DRIVE, SOUTH RIDING VA 20152
David Aguilar director 12213 CHAPEL ROAD, CLIFTON VA 20124
Daniel L. Hodges director, 10 percent owner, officer: Chief Executive Officer 6600 NORTH EAGLE RIDGE DRIVE, TUSCON AZ 85750
Brian T. Mihelich officer: Chief Financial Officer 3028 AVONDALE, THE COLONY TX 75056
James A. Marks director 7 WIRT STREET NW, LEESBURG VA 20176