GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airgain Inc (FRA:6LV) » Definitions » Cyclically Adjusted Book per Share

Airgain (FRA:6LV) Cyclically Adjusted Book per Share : €3.39 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Airgain 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.

Airgain's adjusted book value per share for the three months ended in Sep. 2024 was €2.448. 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 €3.39 for the trailing ten years ended in Sep. 2024.

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 (2025-03-02), Airgain's current stock price is €6.20. Airgain's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €3.39. Airgain's Cyclically Adjusted PB Ratio of today is 1.83.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Airgain was 2.55. The lowest was 1.54. And the median was 2.15.


Airgain Cyclically Adjusted Book per Share Historical Data

The historical data trend for Airgain'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.

Airgain Cyclically Adjusted Book per Share Chart

Airgain 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 - - - - -

Airgain Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - 3.39

Competitive Comparison of Airgain's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Airgain'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.


Airgain's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



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

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.448/133.0289*133.0289
=2.448

Current CPI (Sep. 2024) = 133.0289.

Airgain Quarterly Data

Book Value per Share CPI Adj_Book
201412 -6.282 99.070 -8.435
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 -7.394 99.792 -9.857
201603 0.557 100.470 0.738
201606 -5.481 101.688 -7.170
201609 2.095 101.861 2.736
201612 4.603 101.863 6.011
201703 4.515 102.862 5.839
201706 4.293 103.349 5.526
201709 4.059 104.136 5.185
201712 4.119 104.011 5.268
201803 3.845 105.290 4.858
201806 3.891 106.317 4.869
201809 3.906 106.507 4.879
201812 4.133 105.998 5.187
201903 4.216 107.251 5.229
201906 4.338 108.070 5.340
201909 4.459 108.329 5.476
201912 4.453 108.420 5.464
202003 4.408 108.902 5.385
202006 4.303 108.767 5.263
202009 4.178 109.815 5.061
202012 4.011 109.897 4.855
202103 4.232 111.754 5.038
202106 4.084 114.631 4.739
202109 4.023 115.734 4.624
202112 3.872 117.630 4.379
202203 3.816 121.301 4.185
202206 3.918 125.017 4.169
202209 4.150 125.227 4.409
202212 3.676 125.222 3.905
202303 3.437 127.348 3.590
202306 3.284 128.729 3.394
202309 3.209 129.860 3.287
202312 2.752 129.419 2.829
202403 2.609 131.776 2.634
202406 2.597 132.554 2.606
202409 2.448 133.029 2.448

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


Airgain  (FRA:6LV) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.20/3.39
=1.83

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Airgain was 2.55. The lowest was 1.54. And the median was 2.15.


Be Aware

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


Airgain Cyclically Adjusted Book per Share Related Terms

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


Airgain Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airgain Inc (FRA:6LV) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
3611 Valley Centre Drive, Suite 150, San Diego, CA, USA, 92130
Airgain Inc is engaged in providing antenna technologies. These technologies can be used to enable performance wireless networking across devices and markets which include connected homes, enterprises, automotive, and the Internet of Things. It also provides solutions to complex radio frequency, engineering challenges, and improving wireless service that require higher throughput, broad coverage footprint, and carrier-grade quality. Geographically, it derives maximum revenue from North America and also has a presence in China and the Rest of the World. The company products include Antenna Plus: Fleet, M2M, IoT Antennas, Carrier-Class Antenna, Embedded Antennas, and External Dipole Antennas.

Airgain Headlines

No Headlines