GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Viva Goods Co Ltd (OTCPK:VVCHF) » Definitions » Cyclically Adjusted Book per Share

Viva Goods Co (Viva Goods Co) Cyclically Adjusted Book per Share : $0.05 (As of Jun. 2023)


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

What is Viva Goods Co 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.

Viva Goods Co's adjusted book value per share for the three months ended in Jun. 2023 was $0.107. 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 $0.05 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Viva Goods Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Viva Goods Co was 3.10% per year. The lowest was -2.90% per year. And the median was 0.10% per year.

As of today (2024-05-26), Viva Goods Co's current stock price is $0.1341. Viva Goods Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $0.05. Viva Goods Co's Cyclically Adjusted PB Ratio of today is 2.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Viva Goods Co was 3.48. The lowest was 0.79. And the median was 1.29.


Viva Goods Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Viva Goods Co'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.

Viva Goods Co Cyclically Adjusted Book per Share Chart

Viva Goods Co 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 0.10 0.08 0.03 0.07 -

Viva Goods Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 0.07 - 0.05 -

Competitive Comparison of Viva Goods Co's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Viva Goods Co'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.


Viva Goods Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Viva Goods Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Viva Goods Co 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, Viva Goods Co's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.107/115.6468*115.6468
=0.107

Current CPI (Jun. 2023) = 115.6468.

Viva Goods Co Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 91.902 0.000
201312 0.092 95.090 0.112
201403 0.000 95.749 0.000
201406 0.061 96.409 0.073
201409 0.000 97.948 0.000
201412 0.059 99.707 0.068
201503 0.000 99.927 0.000
201506 0.060 99.267 0.070
201509 0.000 99.927 0.000
201512 0.055 102.015 0.062
201603 0.000 102.785 0.000
201606 0.055 101.686 0.063
201609 0.000 102.565 0.000
201612 0.055 103.225 0.062
201703 0.000 103.335 0.000
201706 0.055 103.664 0.061
201709 0.000 103.994 0.000
201712 0.058 104.984 0.064
201803 0.000 105.973 0.000
201806 0.058 106.193 0.063
201809 0.000 106.852 0.000
201812 0.056 107.622 0.060
201903 0.000 108.172 0.000
201906 0.046 109.601 0.049
201909 0.000 110.260 0.000
201912 0.044 110.700 0.046
202003 0.000 110.920 0.000
202006 0.058 110.590 0.061
202009 0.000 107.512 0.000
202012 0.059 109.711 0.062
202103 0.000 111.579 0.000
202106 0.085 111.360 0.088
202109 0.000 109.051 0.000
202112 0.102 112.349 0.105
202203 0.000 113.558 0.000
202206 0.097 113.448 0.099
202209 0.000 113.778 0.000
202212 0.106 114.548 0.107
202303 0.000 115.427 0.000
202306 0.107 115.647 0.107

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


Viva Goods Co  (OTCPK:VVCHF) 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.

Viva Goods Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1341/0.05
=2.68

* 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 Viva Goods Co was 3.48. The lowest was 0.79. And the median was 1.29.


Be Aware

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


Viva Goods Co Cyclically Adjusted Book per Share Related Terms

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


Viva Goods Co (Viva Goods Co) Business Description

Traded in Other Exchanges
Address
9 Tong Yin Street, 2/F, Pop Office, Tseung Kwan O, New Territories, Hong Kong, HKG
Viva Goods Co Ltd is principally engaged in the operation of multi-brand apparel and footwear business. The company also engages in the sports experience business, including the operation, service provision, and investment of sports destinations, sports competitions, and events, as well as an e-sports club.

Viva Goods Co (Viva Goods Co) Headlines

No Headlines