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Parkervision (Parkervision) Cyclically Adjusted Book per Share : $-0.06 (As of Dec. 2023)


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What is Parkervision 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.

Parkervision's adjusted book value per share for the three months ended in Dec. 2023 was $-0.451. 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 $-0.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Parkervision's average Cyclically Adjusted Book Growth Rate was -117.60% 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 Parkervision was 2.30% per year. The lowest was -38.60% per year. And the median was -20.70% per year.

As of today (2024-05-01), Parkervision's current stock price is $0.138. Parkervision's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-0.06. Parkervision's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Parkervision was 5.00. The lowest was 0.04. And the median was 0.41.


Parkervision Cyclically Adjusted Book per Share Historical Data

The historical data trend for Parkervision'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.

Parkervision Cyclically Adjusted Book per Share Chart

Parkervision 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 1.47 0.94 0.63 0.34 -0.06

Parkervision 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 0.34 0.24 0.15 0.04 -0.06

Competitive Comparison of Parkervision's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Parkervision'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.


Parkervision's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Parkervision's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Parkervision 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, Parkervision'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)
=-0.451/129.4194*129.4194
=-0.451

Current CPI (Dec. 2023) = 129.4194.

Parkervision Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.418 99.695 4.437
201406 3.024 100.560 3.892
201409 2.431 100.428 3.133
201412 1.916 99.070 2.503
201503 1.528 99.621 1.985
201506 1.064 100.684 1.368
201509 0.743 100.392 0.958
201512 0.570 99.792 0.739
201603 0.203 100.470 0.261
201606 -0.477 101.688 -0.607
201609 -0.239 101.861 -0.304
201612 -0.616 101.863 -0.783
201703 -0.121 102.862 -0.152
201706 -0.301 103.349 -0.377
201709 -0.443 104.136 -0.551
201712 -0.530 104.011 -0.659
201803 -0.543 105.290 -0.667
201806 -0.616 106.317 -0.750
201809 -0.697 106.507 -0.847
201812 -0.883 105.998 -1.078
201903 -0.890 107.251 -1.074
201906 -0.904 108.070 -1.083
201909 -0.887 108.329 -1.060
201912 -0.971 108.420 -1.159
202003 -0.842 108.902 -1.001
202006 -0.781 108.767 -0.929
202009 -0.752 109.815 -0.886
202012 -0.748 109.897 -0.881
202103 -0.574 111.754 -0.665
202106 -0.591 114.631 -0.667
202109 -0.582 115.734 -0.651
202112 -0.576 117.630 -0.634
202203 -0.560 121.301 -0.597
202206 -0.603 125.017 -0.624
202209 -0.593 125.227 -0.613
202212 -0.624 125.222 -0.645
202303 -0.436 127.348 -0.443
202306 -0.412 128.729 -0.414
202309 -0.448 129.860 -0.446
202312 -0.451 129.419 -0.451

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


Parkervision  (OTCPK:PRKR) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Parkervision was 5.00. The lowest was 0.04. And the median was 0.41.


Be Aware

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


Parkervision Cyclically Adjusted Book per Share Related Terms

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


Parkervision (Parkervision) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4446-1A Hendricks Avenue, Suite 354, Jacksonville, FL, USA, 32207
Parkervision Inc is in the business of innovating fundamental wireless technologies. The company designs, develop, and markets its proprietary radio frequency technologies and products for use in semiconductor circuits for mobile and other wireless applications. It also markets a consumer distributed WiFi product line under the brand name Milo. The company derives revenue from licensing of its intellectual property, settlements from patent infringement disputes, sales of products, and engineering services.
Executives
Titterton Lewis H Jr director 6 AUTUMN LANE, SARATOGA SPRINGS NY 12866
Sanford M Litvack director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER, PALO ALTO CA 94304
Cynthia Poehlman officer: Chief Financial Officer 8493 BAYMEADOWS WAY, JACKSONVILLE FL 32256
Paul A Rosenbaum director 2945 NW LURAY TERRACE, PORTLAND OR 97210
Frank N Newman director 980 FIFTH AVENUE, 3B, NEW YORK NY 10075
Jeffrey Parker director, 10 percent owner, officer: Chief Executive Officer 8493 BAYMEADOWS WAY, JACKSONVILLE FL 32256
Gregory S Rawlins officer: CTO (Heathrow) 3024 KINGFISHER PT, CHULUOTA FL 32766
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
David Freelove 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
Del Mar Asset Management, Lp 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 5230, NEW YORK NY 10165
Del Mar Master Fund, Ltd. 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
Del Mar Management, Llc 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
John Stuckey officer: Executive Vice President 7915 BAYMEADOWS WAY, SUITE 400, JACKSONVILLE FL 32256
Robert Greene Sterne director 2907 TAI DR, OAKTON VA 22124
Richard A Kashnow director 313 CONSTITUTION DR, STE 100, MENLO PARK CA 94025

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