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ICCT (iCoreConnect) Cyclically Adjusted Book per Share : $-3,485.25 (As of Sep. 2024)


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What is iCoreConnect 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.

iCoreConnect's adjusted book value per share for the three months ended in Sep. 2024 was $-5.103. 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 $-3,485.25 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.60% 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 iCoreConnect was -4.90% per year. The lowest was -5.60% per year. And the median was -5.25% per year.

As of today (2025-05-15), iCoreConnect's current stock price is $2.40. iCoreConnect's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $-3,485.25. iCoreConnect's Cyclically Adjusted PB Ratio of today is .


iCoreConnect Cyclically Adjusted Book per Share Historical Data

The historical data trend for iCoreConnect'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.

iCoreConnect Cyclically Adjusted Book per Share Chart

iCoreConnect Annual Data
Trend Jun12 Jun13 Jun14 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,841.88 -2,882.62 -3,085.68 -3,284.07 -3,392.91

iCoreConnect 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 -3,405.08 -3,392.91 -3,453.89 -3,473.69 -3,485.25

Competitive Comparison of iCoreConnect's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, iCoreConnect'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.


iCoreConnect's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, iCoreConnect's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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iCoreConnect 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, iCoreConnect'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)
=-5.103/133.0289*133.0289
=-5.103

Current CPI (Sep. 2024) = 133.0289.

iCoreConnect Quarterly Data

Book Value per Share CPI Adj_Book
201209 -7,754.000 97.633 -10,565.127
201212 -7,398.000 96.871 -10,159.354
201303 -7,985.000 98.209 -10,816.029
201306 -13,775.000 98.518 -18,600.426
201309 -6,629.000 98.790 -8,926.496
201312 -6,403.000 98.326 -8,662.865
201403 -6,387.000 99.695 -8,522.592
201406 -9,621.000 100.560 -12,727.500
201409 -10,707.000 100.428 -14,182.731
201412 -10,123.000 99.070 -13,592.971
201503 -9,123.000 99.621 -12,182.386
201709 0.000 104.136 0.000
201712 -4.404 104.011 -5.633
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 -8.361 106.507 -10.443
201812 -11.271 105.998 -14.145
201903 -9.433 107.251 -11.700
201906 -4.612 108.070 -5.677
201909 2.692 108.329 3.306
201912 4.115 108.420 5.049
202003 4.686 108.902 5.724
202006 1.667 108.767 2.039
202009 -0.142 109.815 -0.172
202012 -4.166 109.897 -5.043
202103 2.756 111.754 3.281
202106 9.252 114.631 10.737
202109 7.835 115.734 9.006
202112 3.577 117.630 4.045
202203 1.277 121.301 1.400
202206 -2.706 125.017 -2.879
202209 -6.623 125.227 -7.036
202212 -8.230 125.222 -8.743
202303 -8.037 127.348 -8.396
202306 -12.848 128.729 -13.277
202309 15.284 129.860 15.657
202312 8.835 129.419 9.081
202403 12.066 131.776 12.181
202406 0.790 132.554 0.793
202409 -5.103 133.029 -5.103

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


iCoreConnect  (NAS:ICCT) 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.


iCoreConnect Cyclically Adjusted Book per Share Related Terms

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


iCoreConnect Business Description

Traded in Other Exchanges
N/A
Address
529 E Crown Point Road, Suite 250, Ocoee, FL, USA, 34761
iCoreConnect Inc develops and markets secure cloud-based HIPAA compliant software services focused on compliance, workflow/productivity, and electronic health records systems. Its core services technology can be adopted to other vertical markets that require a high degree of secure data communication, such as the legal, financial, and education fields. It markets secure HIPAA compliant cloud-based software as a service (SaaS) offering under the names of iCoreExchange, iCoreCodeGenius, iCoreSecure, iCoreMD, iCoreDental, iCoreMobile, iCoreHuddle, iCoreRx, iCorePDMP, iCoreEPCS, and iCorePay. The company's software is sold under annual recurring revenue subscriptions. The company has a single reporting segment for reporting purposes focused on the North American market.
Executives
Robert P Mcdermott director, 10 percent owner, officer: CEO, President and Chairman 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
John Pasqual director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Archit Shah officer: Chief Financial Officer 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Joseph Gitto director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Muralidar Chakravarthi officer: Chief Technology Officer 529 EAST CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Harry Joseph Travis director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
David A. Fidanza officer: Chief Information Officer 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Mark Penway officer: Chief Financial Officer 105 S MAPLE STREET, ITASCA IL 60143
Kevin Patrick Mcdermott director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Jefff Wayne Stellinga director 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Robert A Desanti director, 10 percent owner 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Jeff L Sutton director 105 S MAPLE STREET, ITASCA IL 60143
Ryan Turner director 105 S MAPLE STREET, ITASCA IL 60143
Marvin Wesley Schrader director, officer: Chief Executive Officer 105 S MAPLE STREET, ITASCA IL 60143
Fg Merger Investors Llc 10 percent owner 105 S MAPLE STREET, ITASCA IL 60143