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Viskase (Viskase) Cyclically Adjusted Book per Share : $1.02 (As of Sep. 2023)


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What is Viskase 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.

Viskase's adjusted book value per share for the three months ended in Sep. 2023 was $1.703. 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 $1.02 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Viskase's average Cyclically Adjusted Book Growth Rate was 59.40% 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 Viskase was 70.90% per year. The lowest was -220.40% per year. And the median was 7.20% per year.

As of today (2024-04-28), Viskase's current stock price is $1.62. Viskase's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $1.02. Viskase's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Viskase was 47.80. The lowest was 0.86. And the median was 1.95.


Viskase Cyclically Adjusted Book per Share Historical Data

The historical data trend for Viskase'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.

Viskase Cyclically Adjusted Book per Share Chart

Viskase Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.96 -0.28 -0.09 0.33 0.81

Viskase Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep22 Sep23
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 0.64 0.79 0.81 - 1.02

Competitive Comparison of Viskase's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Viskase'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.


Viskase's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viskase's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Viskase 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, Viskase's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.703/129.8595*129.8595
=1.703

Current CPI (Sep. 2023) = 129.8595.

Viskase Quarterly Data

Book Value per Share CPI Adj_Book
200812 -0.616 88.697 -0.902
200903 0.000 89.744 0.000
200906 0.000 91.003 0.000
200909 0.042 91.120 0.060
200912 -0.155 91.111 -0.221
201003 -0.098 91.821 -0.139
201006 -0.074 91.962 -0.104
201009 0.112 92.162 0.158
201012 0.139 92.474 0.195
201103 0.304 94.283 0.419
201106 0.510 95.235 0.695
201109 0.451 95.727 0.612
201112 0.000 95.213 0.000
201212 -0.232 96.871 -0.311
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 1.458 98.326 1.926
201403 1.324 99.695 1.725
201406 1.433 100.560 1.851
201409 1.379 100.428 1.783
201412 1.027 99.070 1.346
201503 0.881 99.621 1.148
201506 1.114 100.684 1.437
201509 1.037 100.392 1.341
201512 0.875 99.792 1.139
201603 1.011 100.470 1.307
201606 1.041 101.688 1.329
201609 1.076 101.861 1.372
201612 0.777 101.863 0.991
201703 0.979 102.862 1.236
201706 1.096 103.349 1.377
201709 1.319 104.136 1.645
201712 0.931 104.011 1.162
201803 1.687 105.290 2.081
201806 1.602 106.317 1.957
201809 1.378 106.507 1.680
201812 1.344 105.998 1.647
202209 0.000 125.227 0.000
202309 1.703 129.860 1.703

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


Viskase  (OTCPK:VKSC) 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.

Viskase's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.62/1.02
=1.59

* 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 Viskase was 47.80. The lowest was 0.86. And the median was 1.95.


Be Aware

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


Viskase Cyclically Adjusted Book per Share Related Terms

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


Viskase (Viskase) Business Description

Traded in Other Exchanges
N/A
Address
333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679
Viskase Companies Inc together with its subsidiaries manufactures and distributes non-edible cellulosic food casings used to prepare and package processed meat products. It offers cellulose, fibrous, polyamide casings, and film under the brand NOJAX, VISCOAT, MOKE MASTER, COLOR MASTER, POLYJAX, and others. The company's geographical segments are located in North America, South America, Europe, and Asia. The majority of its revenue is derived from North America.

Viskase (Viskase) Headlines

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