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Symbolic Logic (Symbolic Logic) Cyclically Adjusted Book per Share : $2.65 (As of Sep. 2022)


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What is Symbolic Logic 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.

Symbolic Logic's adjusted book value per share for the three months ended in Sep. 2022 was $2.704. 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 $2.65 for the trailing ten years ended in Sep. 2022.

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 (2024-04-27), Symbolic Logic's current stock price is $1.06. Symbolic Logic's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was $2.65. Symbolic Logic's Cyclically Adjusted PB Ratio of today is 0.40.


Symbolic Logic Cyclically Adjusted Book per Share Historical Data

The historical data trend for Symbolic Logic'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.

Symbolic Logic Cyclically Adjusted Book per Share Chart

Symbolic Logic Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 3.20 3.06 2.80 2.57

Symbolic Logic Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 2.57 2.57 2.59 2.66 2.65

Competitive Comparison of Symbolic Logic's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Symbolic Logic'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.


Symbolic Logic's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Symbolic Logic 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, Symbolic Logic's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book= Book Value per Share /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=2.704/125.2265*125.2265
=2.704

Current CPI (Sep. 2022) = 125.2265.

Symbolic Logic Quarterly Data

Book Value per Share CPI Adj_Book
201212 2.708 96.871 3.501
201303 2.633 98.209 3.357
201306 2.637 98.518 3.352
201309 2.748 98.790 3.483
201312 2.822 98.326 3.594
201403 2.817 99.695 3.538
201406 2.952 100.560 3.676
201409 2.927 100.428 3.650
201412 2.919 99.070 3.690
201503 2.788 99.621 3.505
201506 2.865 100.684 3.563
201509 2.719 100.392 3.392
201512 2.727 99.792 3.422
201603 2.610 100.470 3.253
201606 2.452 101.688 3.020
201609 2.452 101.861 3.014
201612 2.464 101.863 3.029
201703 2.579 102.862 3.140
201706 2.753 103.349 3.336
201709 2.861 104.136 3.440
201712 2.882 104.011 3.470
201803 2.970 105.290 3.532
201806 2.856 106.317 3.364
201809 2.863 106.507 3.366
201812 1.519 105.998 1.795
201903 1.460 107.251 1.705
201906 0.863 108.070 1.000
201909 0.838 108.329 0.969
201912 0.750 108.420 0.866
202003 0.707 108.902 0.813
202006 0.696 108.767 0.801
202009 0.730 109.815 0.832
202012 0.795 109.897 0.906
202103 0.748 111.754 0.838
202106 0.813 114.631 0.888
202109 0.818 115.734 0.885
202112 3.078 117.630 3.277
202203 2.989 121.301 3.086
202206 2.791 125.017 2.796
202209 2.704 125.227 2.704

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


Symbolic Logic  (OTCPK:EVOL) 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.

Symbolic Logic's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.06/2.65
=0.40

* 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.


Be Aware

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


Symbolic Logic Cyclically Adjusted Book per Share Related Terms

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


Symbolic Logic (Symbolic Logic) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9800 Pyramid Court, Suite 400, Englewood, CO, USA, 80112
Symbolic Logic Inc is a research and development organization with two significant pre-revenue focus areas that leverage the experience gained from having deployed real-time systems to over a billion real-time users at evolving.
Executives
Ccur Holdings, Inc. 10 percent owner 6470 EAST JOHNS CROSSING, SUITE 490, DULUTH GA 30097
Karen Singer 10 percent owner 212 VACCARO DRIVE, CRESSKILL NJ 07626
Matthew Stecker director, officer: Chief Executive Officer 711 SOUTH BRYN MAWR AVE., BRYN MAWR PA 19010
Mark Paul Szynkowski officer: SVP FINANCE 44 LAKEVIEW DRIVE, MONROE NY 10950
Steven G Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Igor Volshteyn director 6470 EAST JOHNS CROSSING, DULUTH GA 30097
David S Oros director 9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Piton Capital Partners Llc 10 percent owner C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, SUITE 2200, OKLAHOMA CITY OK 73134
David J Nicol director 9777 PYRAMID COURT 100, C/O EVOLVING SYSTEMS INC, ENGLEWOOD CO 80112
Julie Gosal officer: SVP Finance 9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Richard A. Dinkel officer: SVP FINANCE 9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Richard Ramlall director 196 VAN BUREN STREET, HERNDON VA 20170
Julian D. Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Thomas Thekkethala director, officer: President 9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Daniel J Moorhead officer: CFO 9777 PYRAMID CT, STE 100, ENGLEWOOD CO 80112