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Horizon North Logistics private (Horizon North Logistics private) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2020)


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What is Horizon North Logistics private 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.

Horizon North Logistics private's adjusted book value per share for the three months ended in Mar. 2020 was $0.949. 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 $0.00 for the trailing ten years ended in Mar. 2020.

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), Horizon North Logistics private's current stock price is $7.50. Horizon North Logistics private's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2020 was $0.00. Horizon North Logistics private's Cyclically Adjusted PB Ratio of today is .


Horizon North Logistics private Cyclically Adjusted Book per Share Historical Data

The historical data trend for Horizon North Logistics private'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.

Horizon North Logistics private Cyclically Adjusted Book per Share Chart

Horizon North Logistics private Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Book per Share
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Horizon North Logistics private Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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Competitive Comparison of Horizon North Logistics private's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Horizon North Logistics private'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.


Horizon North Logistics private's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Horizon North Logistics private's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Horizon North Logistics private's Cyclically Adjusted PB Ratio falls into.



Horizon North Logistics private 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, Horizon North Logistics private's adjusted Book Value per Share data for the three months ended in Mar. 2020 was:

Adj_Book= Book Value per Share /CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=0.949/107.9273*107.9273
=0.949

Current CPI (Mar. 2020) = 107.9273.

Horizon North Logistics private Quarterly Data

Book Value per Share CPI Adj_Book
201006 1.568 91.809 1.843
201009 1.643 92.362 1.920
201012 1.686 92.836 1.960
201103 1.812 94.338 2.073
201106 1.914 94.654 2.182
201109 1.977 95.286 2.239
201112 1.978 94.970 2.248
201203 2.169 96.155 2.435
201206 2.250 96.076 2.528
201209 2.474 96.392 2.770
201212 2.549 95.760 2.873
201303 2.553 97.103 2.838
201306 2.564 97.182 2.847
201309 2.664 97.419 2.951
201312 2.514 96.945 2.799
201403 2.406 98.604 2.633
201406 2.405 99.473 2.609
201409 2.366 99.394 2.569
201412 2.249 98.367 2.468
201503 2.073 99.789 2.242
201506 1.934 100.500 2.077
201509 1.951 100.421 2.097
201512 1.833 99.947 1.979
201603 1.886 101.054 2.014
201606 1.867 102.002 1.975
201609 1.760 101.765 1.867
201612 1.678 101.449 1.785
201703 1.684 102.634 1.771
201706 1.666 103.029 1.745
201709 1.754 103.345 1.832
201712 1.651 103.345 1.724
201803 1.582 105.004 1.626
201806 1.584 105.557 1.620
201809 1.580 105.636 1.614
201812 1.526 105.399 1.563
201903 1.537 106.979 1.551
201906 1.482 107.690 1.485
201909 1.458 107.611 1.462
201912 1.110 107.769 1.112
202003 0.949 107.927 0.949

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


Horizon North Logistics private  (OTCPK:HZNOF) 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.


Be Aware

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


Horizon North Logistics private Cyclically Adjusted Book per Share Related Terms

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


Horizon North Logistics private (Horizon North Logistics private) Business Description

Traded in Other Exchanges
N/A
Address
240-4th Avenue SW, Suite 900, Calgary, AB, CAN, T2P 4H4
Horizon North Logistics Inc is a Canadian company which provides a range of industrial services and modular construction solutions. The operating segments of the company are Camps and Catering, Rentals and Logistics, and Modular Solutions. Camps and Catering segment includes camp management services, access solutions, and maintenance and utility services as well as handles catering operations. The Rentals and Logistics include all rental operations, mat rental operations, relocatable structures rental operations, transportation operations, and associated services. Its Modular Solutions comprised of all modular manufacturing and installation operations for commercial and residential end markets. Most of the company's revenue comes from Camps and Catering segment.

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