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Deveron (FRA:1LSA) Cyclically Adjusted Book per Share : €0.05 (As of Mar. 2024)


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What is Deveron 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.

Deveron's adjusted book value per share for the three months ended in Mar. 2024 was €0.013. 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 €0.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Deveron's average Cyclically Adjusted Book Growth Rate was 12.50% 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.

As of today (2024-06-19), Deveron's current stock price is €0.085. Deveron's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.05. Deveron's Cyclically Adjusted PB Ratio of today is 1.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deveron was 13.33. The lowest was 0.78. And the median was 4.75.


Deveron Cyclically Adjusted Book per Share Historical Data

The historical data trend for Deveron'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.

Deveron Cyclically Adjusted Book per Share Chart

Deveron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23
Cyclically Adjusted Book per Share
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Deveron 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 - - - 0.05 0.05

Competitive Comparison of Deveron's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Deveron'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.


Deveron's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Deveron 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, Deveron'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)
=0.013/126.2576*126.2576
=0.013

Current CPI (Mar. 2024) = 126.2576.

Deveron Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.013 99.473 0.017
201409 0.012 99.394 0.015
201412 0.008 98.367 0.010
201503 0.004 99.789 0.005
201506 0.002 100.500 0.003
201509 0.000 100.421 0.000
201512 -0.037 99.947 -0.047
201603 -0.040 101.054 -0.050
201606 -0.011 102.002 -0.014
201609 0.016 101.765 0.020
201612 0.020 101.449 0.025
201703 0.014 102.634 0.017
201706 0.043 103.029 0.053
201709 0.047 103.345 0.057
201712 0.044 103.345 0.054
201803 0.079 105.004 0.095
201806 0.076 105.557 0.091
201809 0.087 105.636 0.104
201812 0.077 105.399 0.092
201903 0.068 106.979 0.080
201906 0.068 107.690 0.080
201909 0.066 107.611 0.077
201912 0.056 107.769 0.066
202003 0.045 107.927 0.053
202006 0.051 108.401 0.059
202009 0.043 108.164 0.050
202012 0.078 108.559 0.091
202103 0.077 110.298 0.088
202106 0.087 111.720 0.098
202109 0.123 112.905 0.138
202112 0.114 113.774 0.127
202203 0.154 117.646 0.165
202206 0.174 120.806 0.182
202209 0.152 120.648 0.159
202212 0.098 120.964 0.102
202303 0.071 122.702 0.073
202306 0.054 124.203 0.055
202309 0.029 125.230 0.029
202312 0.028 125.072 0.028
202403 0.013 126.258 0.013

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


Deveron  (FRA:1LSA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.085/0.05
=1.70

* 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 Deveron was 13.33. The lowest was 0.78. And the median was 4.75.


Be Aware

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


Deveron Cyclically Adjusted Book per Share Related Terms

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


Deveron (FRA:1LSA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Deveron Corp (FRA:1LSA) » Definitions » Cyclically Adjusted Book per Share
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Address
82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Deveron Corp is an agriculture technology company that uses data and insights to help farmers and agriculture enterprises increase yields, reduce costs, and improve farm outcomes. The company employs a digital process that leverages data collected on farms across North America to drive the unbiased interpretation of production decisions, ultimately recommending optimizing input use. Additionally, the Company provides scalable data acquisition solutions in the imagery and soil space with the help of soil sampling technicians and drone pilots.

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