GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Loop Industries Inc (FRA:3L9) » Definitions » Cyclically Adjusted Book per Share

Loop Industries (FRA:3L9) Cyclically Adjusted Book per Share : €0.43 (As of Aug. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Loop Industries 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.

Loop Industries's adjusted book value per share for the three months ended in Aug. 2024 was €0.092. 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 €0.43 for the trailing ten years ended in Aug. 2024.

During the past 12 months, Loop Industries's average Cyclically Adjusted Book Growth Rate was -2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.00% 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 Loop Industries was 22.00% per year. The lowest was 22.00% per year. And the median was 22.00% per year.

As of today (2024-12-11), Loop Industries's current stock price is €1.21. Loop Industries's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 was €0.43. Loop Industries's Cyclically Adjusted PB Ratio of today is 2.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Loop Industries was 11.36. The lowest was 2.55. And the median was 5.85.


Loop Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Loop Industries'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.

Loop Industries Cyclically Adjusted Book per Share Chart

Loop Industries Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.35 0.42 0.46

Loop Industries Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.44 0.44 0.46 0.43 0.43

Competitive Comparison of Loop Industries's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Loop Industries'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.


Loop Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Loop Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Loop Industries 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, Loop Industries's adjusted Book Value per Share data for the three months ended in Aug. 2024 was:

Adj_Book= Book Value per Share /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=0.092/127.8378*127.8378
=0.092

Current CPI (Aug. 2024) = 127.8378.

Loop Industries Quarterly Data

Book Value per Share CPI Adj_Book
201409 -0.001 99.394 -0.001
201412 -0.001 98.367 -0.001
201503 -0.001 99.789 -0.001
201508 0.050 100.579 0.064
201511 0.025 100.421 0.032
201602 0.043 100.421 0.055
201605 0.071 101.765 0.089
201608 0.100 101.686 0.126
201611 0.082 101.607 0.103
201702 0.064 102.476 0.080
201705 0.187 103.108 0.232
201708 0.169 103.108 0.210
201711 0.111 103.740 0.137
201802 0.248 104.688 0.303
201805 0.198 105.399 0.240
201808 0.137 106.031 0.165
201811 0.086 105.478 0.104
201902 0.068 106.268 0.082
201905 0.175 107.927 0.207
201908 0.905 108.085 1.070
201911 0.838 107.769 0.994
202002 0.884 108.559 1.041
202005 0.814 107.532 0.968
202008 0.668 108.243 0.789
202011 0.898 108.796 1.055
202102 0.640 109.745 0.746
202105 0.405 111.404 0.465
202108 1.244 112.668 1.411
202111 1.101 113.932 1.235
202202 0.855 115.986 0.942
202205 0.727 120.016 0.774
202208 0.603 120.569 0.639
202211 0.587 121.675 0.617
202302 0.664 122.070 0.695
202305 0.525 124.045 0.541
202308 0.441 125.389 0.450
202311 0.367 125.468 0.374
202402 0.276 125.468 0.281
202405 0.180 127.601 0.180
202408 0.092 127.838 0.092

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


Loop Industries  (FRA:3L9) 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.

Loop Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.21/0.43
=2.81

* 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 Loop Industries was 11.36. The lowest was 2.55. And the median was 5.85.


Be Aware

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


Loop Industries Cyclically Adjusted Book per Share Related Terms

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


Loop Industries Business Description

Industry
Traded in Other Exchanges
Address
480 Fernand-Poitras, Terrebonne, QC, CAN, J6Y 1Y4
Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

Loop Industries Headlines

No Headlines