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Gevo (GEVO) Cyclically Adjusted Book per Share : $729.01 (As of Dec. 2023)


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What is Gevo 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.

Gevo's adjusted book value per share for the three months ended in Dec. 2023 was $2.318. 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 $729.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Gevo's average Cyclically Adjusted Book Growth Rate was -61.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -51.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -37.30% 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 Gevo was -21.90% per year. The lowest was -51.30% per year. And the median was -35.90% per year.

As of today (2024-04-30), Gevo's current stock price is $0.7124. Gevo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $729.01. Gevo's Cyclically Adjusted PB Ratio of today is 0.00.


Gevo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gevo'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.

Gevo Cyclically Adjusted Book per Share Chart

Gevo 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 7,112.67 6,303.60 3,659.83 1,869.10 729.01

Gevo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,869.10 1,513.05 1,196.84 936.64 729.01

Competitive Comparison of Gevo's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Gevo'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.


Gevo's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Gevo 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, Gevo's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.318/129.4194*129.4194
=2.318

Current CPI (Dec. 2023) = 129.4194.

Gevo Quarterly Data

Book Value per Share CPI Adj_Book
201403 5,265.499 99.695 6,835.460
201406 3,787.847 100.560 4,874.934
201409 3,465.361 100.428 4,465.745
201412 2,829.157 99.070 3,695.861
201503 1,863.946 99.621 2,421.483
201506 1,410.618 100.684 1,813.213
201509 1,248.950 100.392 1,610.080
201512 894.595 99.792 1,160.188
201603 675.730 100.470 870.431
201606 260.814 101.688 331.940
201609 203.363 101.861 258.383
201612 195.821 101.863 248.796
201703 102.087 102.862 128.444
201706 83.378 103.349 104.410
201709 66.840 104.136 83.069
201712 58.256 104.011 72.487
201803 54.244 105.290 66.675
201806 12.465 106.317 15.174
201809 11.516 106.507 13.993
201812 10.276 105.998 12.547
201903 7.785 107.251 9.394
201906 7.202 108.070 8.625
201909 5.754 108.329 6.874
201912 5.148 108.420 6.145
202003 4.413 108.902 5.244
202006 3.860 108.767 4.593
202009 1.126 109.815 1.327
202012 1.142 109.897 1.345
202103 3.008 111.754 3.483
202106 2.910 114.631 3.285
202109 2.773 115.734 3.101
202112 2.709 117.630 2.981
202203 2.649 121.301 2.826
202206 2.823 125.017 2.922
202209 2.634 125.227 2.722
202212 2.553 125.222 2.639
202303 2.501 127.348 2.542
202306 2.454 128.729 2.467
202309 2.379 129.860 2.371
202312 2.318 129.419 2.318

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


Gevo  (NAS:GEVO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.7124/729.01
=0.00

* 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.


Be Aware

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


Gevo Cyclically Adjusted Book per Share Related Terms

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


Gevo (GEVO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gevo Inc (NAS:GEVO) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
345 Inverness Drive South, Building C, Suite 310, Englewood, CO, USA, 80112
Gevo Inc is a renewable chemicals and biofuels company engaged in the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. Its operating segments are the Gevo segment, Renewable Natural Gas Segment, Net-Zero Segment and the Agri-Energy segment. By its segments, it is involved in research and development activities related to the future production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel. Gevo Development/Agri-Energy is the key revenue-generating segment that involves the operation of the Luverne Facility and production of ethanol, isobutanol and related products.
Executives
Andrew Shafer officer: Chief Mktg Cust & Brnd Officer C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Alisher K Nurmat officer: VP and Controller C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Angelo Amorelli director C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Paul D Bloom officer: CCO & CIO C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Kimberly T Bowron officer: Chief People Officer C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Andrew Marsh director 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Patrick R. Gruber director, officer: CEO & Director C/O GEVO, INC., 345 INVERNESS DR. SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Christopher Michael Ryan officer: EVP, Business Development C/O GEVO, INC., 345 INVERNESS DR. SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Timothy J Cesarek officer: Chief Commercial Officer 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
L Lynn Smull officer: Chief Financial Officer 345 INVERNESS DRIVE S, BLDG C, STE 310, ENGLEWOOD CO 80112
William H Baum director C/O DIVERSA CORP, 4955 DIRECTORS PLACE, SAN DIEGO CA 92121
Williams Geoffrey Thomas Jr. officer: General Counsel & Secretary 914 DAKOTA DRIVE, CASTLE ROCK CO 80108
Jaime Guillen director C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Carol Jane Battershell director 1600 NORTH OAK STREET, #918, ARLINGTON VA 22209
Gary W. Mize director GEVO, INC., 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112