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AS-IP Tech (AS-IP Tech) Cyclically Adjusted Book per Share : $-0.01 (As of Mar. 2023)


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What is AS-IP Tech 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.

AS-IP Tech's adjusted book value per share for the three months ended in Mar. 2023 was $-0.009. 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 $-0.01 for the trailing ten years ended in Mar. 2023.

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 (2024-05-27), AS-IP Tech's current stock price is $0.0016. AS-IP Tech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $-0.01. AS-IP Tech's Cyclically Adjusted PB Ratio of today is .


AS-IP Tech Cyclically Adjusted Book per Share Historical Data

The historical data trend for AS-IP Tech'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.

AS-IP Tech Cyclically Adjusted Book per Share Chart

AS-IP Tech Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.01 -0.01

AS-IP Tech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of AS-IP Tech's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, AS-IP Tech'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.


AS-IP Tech's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where AS-IP Tech's Cyclically Adjusted PB Ratio falls into.



AS-IP Tech 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, AS-IP Tech's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.009/123.1484*123.1484
=-0.009

Current CPI (Mar. 2023) = 123.1484.

AS-IP Tech Quarterly Data

Book Value per Share CPI Adj_Book
201306 -0.006 95.473 -0.008
201309 -0.007 96.587 -0.009
201312 -0.006 97.330 -0.008
201403 -0.005 97.887 -0.006
201406 -0.006 98.352 -0.008
201409 -0.006 98.816 -0.007
201412 -0.006 99.002 -0.007
201503 -0.006 99.187 -0.007
201506 -0.006 99.838 -0.007
201509 -0.006 100.302 -0.007
201512 -0.006 100.673 -0.007
201603 -0.006 100.488 -0.007
201606 -0.001 100.859 -0.001
201609 -0.002 101.602 -0.002
201612 -0.002 102.159 -0.002
201703 -0.002 102.624 -0.002
201706 -0.001 102.809 -0.001
201709 -0.002 103.460 -0.002
201712 -0.003 104.110 -0.004
201803 -0.005 104.574 -0.006
201806 -0.007 104.945 -0.008
201809 -0.008 105.410 -0.009
201812 -0.008 105.967 -0.009
201903 -0.007 105.967 -0.008
201906 -0.008 106.617 -0.009
201909 -0.010 107.174 -0.011
201912 -0.011 107.917 -0.013
202003 -0.012 108.289 -0.014
202006 -0.013 106.246 -0.015
202009 -0.010 107.917 -0.011
202012 -0.011 108.846 -0.012
202103 -0.009 109.496 -0.010
202106 -0.005 110.332 -0.006
202109 -0.010 111.168 -0.011
202112 -0.009 112.654 -0.010
202203 -0.009 115.069 -0.010
202206 -0.008 117.112 -0.008
202209 -0.009 119.248 -0.009
202212 -0.009 121.477 -0.009
202303 -0.009 123.148 -0.009

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


AS-IP Tech  (OTCPK:IPTK) 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.


AS-IP Tech Cyclically Adjusted Book per Share Related Terms

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


AS-IP Tech (AS-IP Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AS-IP Tech Inc (OTCPK:IPTK) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
1/15 Castles Drive, Torquay, VIC, AUS, 3228
AS-IP Tech Inc is engaged in creating in-flight connectivity systems that utilize Bluetooth Smart technology as a low-cost alternative to the traditionally expensive Wi-Fi platform. The company's technology consists of two products BizjetMobile and fflya. BizjetMobile provides corporate jets with an alternative global inflight connectivity solution and is marketed under the brand names CHiiMP and BizjetInternet. These are mobile apps that deliver optimized inflight text and email for passengers and crew; and fflya provides airlines with an inflight connectivity approach based on the latest mobile app technology, narrowband satellite links, and BlueTooth technology. The fflya platform reduces the installation, certification and equipment costs by up to 90% compared to inflight broadband.
Executives
Richard Lukso director 5610 VIA ARBOLADA, TUCSON AZ 85750
Philip Andrew Shiels director, officer: Chief Financial Officer 88 ELGIN STREET, HAWTHORN C3 3122
Ronald John Chapman director, 10 percent owner, officer: Chief Executive Officer 160 SILVAN ROAD, WATTLE GLEN C3 3096
Graham Owen Chappell director 5 MARINE PARADE, STE 2, ST KILDA, VICTORIA C3 3182
Van Der Griend Eric Paul 10 percent owner 100 BARKLY STREET, ST. KILDA C3 3182

AS-IP Tech (AS-IP Tech) Headlines

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