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Newport (Newport) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2015)


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What is Newport 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.

Newport's adjusted book value per share for the three months ended in Dec. 2015 was $9.515. 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 Dec. 2015.

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), Newport's current stock price is $5.4098. Newport's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2015 was $0.00. Newport's Cyclically Adjusted PB Ratio of today is .


Newport Cyclically Adjusted Book per Share Historical Data

The historical data trend for Newport'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.

Newport Cyclically Adjusted Book per Share Chart

Newport Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Book per Share
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Newport Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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Competitive Comparison of Newport's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Newport'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.


Newport's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Newport 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, Newport's adjusted Book Value per Share data for the three months ended in Dec. 2015 was:

Adj_Book= Book Value per Share /CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=9.515/99.7924*99.7924
=9.515

Current CPI (Dec. 2015) = 99.7924.

Newport Quarterly Data

Book Value per Share CPI Adj_Book
200603 9.517 84.298 11.266
200606 9.745 85.606 11.360
200609 10.075 85.606 11.745
200612 10.492 85.142 12.297
200703 10.333 86.640 11.902
200706 10.354 87.906 11.754
200709 10.201 87.964 11.573
200712 10.955 88.616 12.337
200803 11.256 90.090 12.468
200806 11.153 92.320 12.056
200809 10.967 92.307 11.856
200812 7.357 88.697 8.277
200903 7.173 89.744 7.976
200906 7.036 91.003 7.716
200909 7.018 91.120 7.686
200912 7.012 91.111 7.680
201003 6.941 91.821 7.544
201006 7.092 91.962 7.696
201009 7.616 92.162 8.247
201012 8.005 92.474 8.639
201103 8.344 94.283 8.832
201106 8.763 95.235 9.182
201109 8.952 95.727 9.332
201112 9.838 95.213 10.311
201203 9.940 96.783 10.249
201206 10.131 96.819 10.442
201209 10.415 97.633 10.645
201212 7.537 96.871 7.764
201303 7.631 98.209 7.754
201306 7.666 98.518 7.765
201309 7.800 98.790 7.879
201312 8.300 98.326 8.424
201403 8.589 99.695 8.597
201406 8.767 100.560 8.700
201409 8.895 100.428 8.839
201412 9.007 99.070 9.073
201503 8.928 99.621 8.943
201506 9.077 100.684 8.997
201509 9.219 100.392 9.164
201512 9.515 99.792 9.515

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


Newport  (NAS:NEWP) 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.


Newport Cyclically Adjusted Book per Share Related Terms

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


Newport (Newport) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Newport Corp (NAS:NEWP) » Definitions » Cyclically Adjusted Book per Share
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Newport Corp was established in 1969 as Newport Research Corporation. In 1978, Newport Research Corporation merged into James Dole Corporation, an entity which was incorporated in Nevada in 1938, and the company was renamed Newport Corporation following the merger. The Company is a supplier of advanced technology products and systems to a wide range of industries, including scientific research, microelectronics, defense and security, life and health sciences, and industrial markets. It also provides a broad portfolio of products to customers in these end markets, allowing it to offer them an end-to-end resource for photonics solutions. In January 2013, Company reorganized its operations to create three new operating groups: Photonics Group, Lasers Group and Optics Group. Its Lasers Group is substantially the same as former Lasers Division. Photonics Group is comprised of the photonics products and technologies of former PPT Division and Ophir Division. Optics Group is comprised of the optical components and integrated solutions products and technologies of former PPT Division and Ophir Division. Photonics Group's products and systems are sold to end users in all of target end markets. The products sold by this group include photonics instruments and systems, precision positioning systems and subsystems, vibration isolation systems and subsystems, optical components for research applications, optical hardware, and three-dimensional non-contact measurement sensors and equipment. Lasers Group offers a broad portfolio of laser technology products and services to OEM and end-user customers in all of target end markets. Its lasers and laser-based systems include ultrafast lasers and amplifiers, diode-pumped solid-state lasers, high-energy pulsed lasers, tunable lasers, fiber lasers and gas lasers. Optics Group offers precision optics and lens assemblies, thin-film filters and coatings, replicated mirrors and ruled and holographic diffraction gratings to OEM and end-user customers in target end markets. This business was sold in January 2014. Its competitors include: Coherent, Inc., Sciencetech, Inc., Optometrics Corporation, Corning, Inc., among others. The Company's lasers and laser-based systems are subject to the laser radiation safety regulations of the Radiation Control for Health and Safety Act administered by the Center for Devices and Radiological Health of the United States Food and Drug Administration.
Executives
Charles F Cargile other: Former SVP, CFO and Treasurer C/O SUNWORKS, INC., 1010 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Oleg Khaykin other: Former Director
Kenneth F Potashner other: Former Director C/O MAXWELL TECHNOLOGIES INC, 9244 BALBOA AVE, SAN DIEGO CA 92123
Robert J Phillippy other: Former Pres./CEO & Director
Dennis L Werth other: Former SVP/GM, Photonics Group 1791 DEERE AVENUE, IRVINE CA 92606
Willem A Meintjes other: Former VP & Corp. Controller 5488 MARVELL LANE, SANTA CLARA CA 95054
Peter J Simone other: Former Director 17075 THORNMINT COURT, SANDIGO CA 92127
Jeffrey B Coyne other: Former SVP, GC & Secretary
Mark Joseph Nelson officer: VP, Corp. Controller & CAO LOCAL BOUNTI CORPORATION, 220 W MAIN STREET, HAMILTON MT 59840
Markos I Tambakeras director C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Robert G Deuster director, officer: Chairman & CEO P.O. BOX 6280, NEWPORT BEACH CA 92658