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Etrion (Etrion) Cyclically Adjusted Book per Share : $0.03 (As of Mar. 2024)


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What is Etrion 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.

Etrion's adjusted book value per share for the three months ended in Mar. 2024 was $0.019. 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 $0.03 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -26.70% 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 Etrion was 26.00% per year. The lowest was -46.40% per year. And the median was -11.90% per year.

As of today (2024-06-19), Etrion's current stock price is $0.0015. Etrion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.03. Etrion's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Etrion was 22.06. The lowest was 0.01. And the median was 1.29.


Etrion Cyclically Adjusted Book per Share Historical Data

The historical data trend for Etrion'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.

Etrion Cyclically Adjusted Book per Share Chart

Etrion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.02 0.03 0.04

Etrion Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 0.03 0.03 0.04 0.03

Competitive Comparison of Etrion's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Etrion'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.


Etrion's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Etrion's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Etrion 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, Etrion's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.019/107.3549*107.3549
=0.019

Current CPI (Mar. 2024) = 107.3549.

Etrion Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.142 101.517 0.150
201409 0.135 101.247 0.143
201412 0.090 100.704 0.096
201503 0.083 100.339 0.089
201506 0.076 100.464 0.081
201509 0.062 99.785 0.067
201512 0.021 99.386 0.023
201603 -0.025 99.475 -0.027
201606 -0.034 100.088 -0.036
201609 -0.215 99.604 -0.232
201612 -0.044 99.380 -0.048
201703 -0.057 100.040 -0.061
201706 -0.073 100.285 -0.078
201709 0.039 100.254 0.042
201712 0.027 100.213 0.029
201803 0.022 100.836 0.023
201806 0.017 101.435 0.018
201809 0.013 101.246 0.014
201812 0.005 100.906 0.005
201903 -0.002 101.571 -0.002
201906 0.000 102.044 0.000
201909 0.006 101.396 0.006
201912 -0.009 101.063 -0.010
202003 -0.017 101.048 -0.018
202006 -0.011 100.743 -0.012
202009 0.075 100.585 0.080
202012 0.064 100.241 0.069
202103 0.057 100.800 0.061
202106 0.367 101.352 0.389
202109 0.061 101.533 0.064
202112 0.052 101.776 0.055
202203 0.047 103.205 0.049
202206 0.041 104.783 0.042
202209 0.039 104.835 0.040
202212 0.039 104.666 0.040
202303 0.037 106.245 0.037
202306 0.029 106.576 0.029
202309 0.025 106.570 0.025
202312 0.022 106.461 0.022
202403 0.019 107.355 0.019

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


Etrion  (OTCPK:ETRXF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0015/0.03
=0.05

* 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 Etrion was 22.06. The lowest was 0.01. And the median was 1.29.


Be Aware

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


Etrion Cyclically Adjusted Book per Share Related Terms

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


Etrion (Etrion) Business Description

Traded in Other Exchanges
N/A
Address
C/o Regus, Rue du Commerce 4, Geneve, CHE, 1204
Etrion Corp has discontinued its solar business and is currently looking to identify a new potential business opportunity.

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