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Canadian Oil Recovery & Remediation Enterprises (Canadian Oil Recovery & Remediation Enterprises) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2021)


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What is Canadian Oil Recovery & Remediation Enterprises Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Canadian Oil Recovery & Remediation Enterprises's adjusted book value per share for the three months ended in Sep. 2021 was $-0.017. 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 Sep. 2021.

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 (2024-05-14), Canadian Oil Recovery & Remediation Enterprises's current stock price is $1.0E-5. Canadian Oil Recovery & Remediation Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 was $0.00. Canadian Oil Recovery & Remediation Enterprises's Cyclically Adjusted PB Ratio of today is .


Canadian Oil Recovery & Remediation Enterprises Cyclically Adjusted Book per Share Historical Data

The historical data trend for Canadian Oil Recovery & Remediation Enterprises'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.

Canadian Oil Recovery & Remediation Enterprises Cyclically Adjusted Book per Share Chart

Canadian Oil Recovery & Remediation Enterprises Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Book per Share
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Canadian Oil Recovery & Remediation Enterprises Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Canadian Oil Recovery & Remediation Enterprises's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Canadian Oil Recovery & Remediation Enterprises'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.


Canadian Oil Recovery & Remediation Enterprises's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Canadian Oil Recovery & Remediation Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Oil Recovery & Remediation Enterprises's Cyclically Adjusted PB Ratio falls into.



Canadian Oil Recovery & Remediation Enterprises 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, Canadian Oil Recovery & Remediation Enterprises's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book= Book Value per Share /CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=-0.017/112.9049*112.9049
=-0.017

Current CPI (Sep. 2021) = 112.9049.

Canadian Oil Recovery & Remediation Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.124 94.970 0.147
201203 0.120 96.155 0.141
201206 0.108 96.076 0.127
201209 0.101 96.392 0.118
201212 0.097 95.760 0.114
201303 0.087 97.103 0.101
201306 0.082 97.182 0.095
201309 0.073 97.419 0.085
201312 0.024 96.945 0.028
201403 0.020 98.604 0.023
201406 0.015 99.473 0.017
201409 0.011 99.394 0.012
201412 0.007 98.367 0.008
201503 0.014 99.789 0.016
201506 0.012 100.500 0.013
201509 0.009 100.421 0.010
201512 -0.001 99.947 -0.001
201603 0.007 101.054 0.008
201606 0.004 102.002 0.004
201609 0.001 101.765 0.001
201612 -0.008 101.449 -0.009
201703 -0.009 102.634 -0.010
201706 -0.010 103.029 -0.011
201709 -0.012 103.345 -0.013
201712 -0.012 103.345 -0.013
201803 -0.013 105.004 -0.014
201806 -0.013 105.557 -0.014
201809 -0.013 105.636 -0.014
201812 -0.014 105.399 -0.015
201903 -0.014 106.979 -0.015
201906 -0.014 107.690 -0.015
201909 -0.015 107.611 -0.016
201912 -0.015 107.769 -0.016
202003 -0.015 107.927 -0.016
202006 -0.016 108.401 -0.017
202009 -0.017 108.164 -0.018
202012 -0.017 108.559 -0.018
202103 -0.017 110.298 -0.017
202106 -0.017 111.720 -0.017
202109 -0.017 112.905 -0.017

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


Canadian Oil Recovery & Remediation Enterprises  (OTCPK:CRVYF) 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.


Canadian Oil Recovery & Remediation Enterprises Cyclically Adjusted Book per Share Related Terms

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


Canadian Oil Recovery & Remediation Enterprises (Canadian Oil Recovery & Remediation Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
141 Adelaide Street West, Suite 1007, Toronto, ON, CAN, M5H 3L5
Canadian Oil Recovery & Remediation Enterprises Ltd provides full cycle oil waste management solutions to the petroleum industry. The company's primary customers are in the upstream petroleum sector (oil production and drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution companies). Its operating lines include remediating oil-contaminated soil; treating sludge, oil-based muds and drilling waste; oil recovery; industrial waste management; oil storage tank cleaning; oil and gas engineering, and project management. Soil remediation, sludge treatment and oil recovery are provided by CORRE through its Advanced Recovery Equipment Systems (ARES), which consists of two soil washing plants known as ARES I and ARES II.

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