/term/cyclically-adjusted-book/INVI INVI (Integral Vision) Cyclically Adjusted Book per Share
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Integral Vision (Integral Vision) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2012)


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What is Integral Vision 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.

Integral Vision's adjusted book value per share for the three months ended in Jun. 2012 was $-0.413. 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. 2012.

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), Integral Vision's current stock price is $0.0001. Integral Vision's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2012 was $0.00. Integral Vision's Cyclically Adjusted PB Ratio of today is .

Integral Vision Cyclically Adjusted Book per Share Historical Data

The historical data trend for Integral Vision'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.

Integral Vision Cyclically Adjusted Book per Share Chart

Integral Vision Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted Book per Share
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Integral Vision Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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Competitive Comparison of Integral Vision's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Integral Vision'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.

Integral Vision's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Integral Vision's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


Integral Vision 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, Integral Vision's adjusted Book Value per Share data for the three months ended in Jun. 2012 was:

Adj_Book= Book Value per Share /CPI of Jun. 2012 (Change)*Current CPI (Jun. 2012)
=-0.413/96.8192*96.8192
=-0.413

Current CPI (Jun. 2012) = 96.8192.

Integral Vision Quarterly Data

Book Value per Share CPI Adj_Book
200209 -0.214 76.366 -0.271
200212 -0.244 76.324 -0.310
200303 -0.272 77.716 -0.339
200306 -0.322 77.505 -0.402
200309 -0.358 78.138 -0.444
200312 -0.307 77.758 -0.382
200403 -0.293 79.066 -0.359
200406 -0.195 80.037 -0.236
200409 -0.235 80.121 -0.284
200412 -0.267 80.290 -0.322
200503 -0.297 81.555 -0.353
200506 0.131 82.062 0.155
200509 0.105 83.876 0.121
200512 0.081 83.032 0.094
200603 0.055 84.298 0.063
200606 0.031 85.606 0.035
200609 0.010 85.606 0.011
200612 -0.014 85.142 -0.016
200703 -0.039 86.640 -0.044
200706 -0.067 87.906 -0.074
200709 -0.091 87.964 -0.100
200712 -0.113 88.616 -0.123
200803 -0.140 90.090 -0.150
200806 -0.160 92.320 -0.168
200809 -0.177 92.307 -0.186
200812 -0.206 88.697 -0.225
200903 -0.211 89.744 -0.228
200906 -0.236 91.003 -0.251
200909 -0.258 91.120 -0.274
200912 -0.274 91.111 -0.291
201003 -0.271 91.821 -0.286
201006 -0.266 91.962 -0.280
201009 -0.275 92.162 -0.289
201012 -0.296 92.474 -0.310
201103 -0.320 94.283 -0.329
201106 -0.341 95.235 -0.347
201109 -0.357 95.727 -0.361
201112 -0.383 95.213 -0.389
201203 -0.399 96.783 -0.399
201206 -0.413 96.819 -0.413

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

Integral Vision  (OTCPK:INVI) 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.

Integral Vision Cyclically Adjusted Book per Share Related Terms

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

Integral Vision (Integral Vision) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Integral Vision Inc (OTCPK:INVI) » Definitions » Cyclically Adjusted Book per Share
Comparable Companies
BOM:505336 BOM:522027 BOM:542627 TNRG BOM:522036 LSE:ASBE ASX:MSI NGM:XAVI B TSXV:AAT BOM:504008 BOM:526604 WAR:APS BOM:500540 XSAT:ECOM LSE:SLNG WAR:KFM BOM:513149 BOM:526043 BOM:533203 BOM:505690
Traded in Other Exchanges
N/A
Address
49113 Wixom Tech Drive, Wixom, MI, USA, 48393
Website
http://www.iv-usa.com
Integral Vision Inc develops, manufactures and markets flat panel display inspection systems to ensure product quality in the display manufacturing process.
Executives
Bonanza Capital Ltd 10 percent owner 300 CRESCENT COURT, SUITE 250, DALLAS TX 75201
Bonanza Master Fund Ltd 10 percent owner C/O J.D. CLARK & CO., 2225 WASHINGTON BLVD., SUITE 300, OGDEN UT 84401
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

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