/term/cyclically-adjusted-book/HCLC HCLC (Health-Chem) Cyclically Adjusted Book per Share
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Health-Chem (Health-Chem) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2007)


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What is Health-Chem 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.

Health-Chem's adjusted book value per share for the three months ended in Jun. 2007 was $-1.209. 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 $0.00 for the trailing ten years ended in Jun. 2007.

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 (2024-06-20), Health-Chem's current stock price is $0.0001. Health-Chem's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2007 was $0.00. Health-Chem's Cyclically Adjusted PB Ratio of today is .


Health-Chem Cyclically Adjusted Book per Share Historical Data

The historical data trend for Health-Chem'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.

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Health-Chem Cyclically Adjusted Book per Share Chart

Health-Chem Annual Data
Trend Dec91 Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec04 Dec05 Dec06
Cyclically Adjusted Book per Share
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Health-Chem Quarterly Data
Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec04 Dec05 Mar06 Jun06 Dec06 Mar07 Jun07
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Competitive Comparison of Health-Chem's Cyclically Adjusted Book per Share

For the Diagnostics & Research subindustry, Health-Chem'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.


Health-Chem's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Health-Chem's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Health-Chem 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, Health-Chem's adjusted Book Value per Share data for the three months ended in Jun. 2007 was:

Adj_Book= Book Value per Share /CPI of Jun. 2007 (Change)*Current CPI (Jun. 2007)
=-1.209/87.9059*87.9059
=-1.209

Current CPI (Jun. 2007) = 87.9059.

Health-Chem Quarterly Data

Book Value per Share CPI Adj_Book
199009 0.000 55.988 0.000
199012 0.197 56.452 0.307
199103 0.000 56.958 0.000
199106 0.000 57.380 0.000
199109 0.000 57.886 0.000
199112 0.252 58.182 0.381
199203 0.224 58.772 0.335
199206 0.112 59.152 0.166
199209 0.100 59.616 0.147
199212 0.884 59.869 1.298
199303 0.629 60.586 0.913
199306 0.800 60.924 1.154
199309 0.930 61.219 1.335
199312 0.726 61.515 1.037
199403 0.640 62.105 0.906
199406 0.907 62.443 1.277
199409 1.025 63.034 1.429
199412 1.010 63.160 1.406
199503 1.010 63.877 1.390
199506 1.148 64.341 1.568
199509 0.850 64.637 1.156
199512 1.133 64.763 1.538
199603 1.305 65.692 1.746
199606 1.700 66.113 2.260
199609 0.830 66.578 1.096
199612 0.928 66.915 1.219
199703 0.793 67.506 1.033
199706 0.713 67.632 0.927
199709 0.564 68.012 0.729
199712 0.476 68.054 0.615
199803 0.760 68.434 0.976
199806 0.453 68.771 0.579
199809 0.160 69.025 0.204
200412 -1.088 80.290 -1.191
200512 -1.305 83.032 -1.382
200603 0.000 84.298 0.000
200606 0.000 85.606 0.000
200612 -1.450 85.142 -1.497
200703 -1.259 86.640 -1.277
200706 -1.209 87.906 -1.209

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


Health-Chem  (OTCPK:HCLC) 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.


Be Aware

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


Health-Chem Cyclically Adjusted Book per Share Related Terms

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


Health-Chem (Health-Chem) Business Description

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