GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Iveda Solutions Inc (NAS:IVDA) » Definitions » Cyclically Adjusted Book per Share

Iveda Solutions (Iveda Solutions) Cyclically Adjusted Book per Share : $0.34 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Iveda Solutions 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.

Iveda Solutions's adjusted book value per share for the three months ended in Mar. 2024 was $0.294. 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 $0.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Iveda Solutions's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 12 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Iveda Solutions was 8.00% per year. The lowest was 8.00% per year. And the median was 8.00% per year.

As of today (2024-06-16), Iveda Solutions's current stock price is $0.602. Iveda Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.34. Iveda Solutions's Cyclically Adjusted PB Ratio of today is 1.77.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Iveda Solutions was 65.43. The lowest was 1.66. And the median was 3.87.


Iveda Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Iveda Solutions'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.

Iveda Solutions Cyclically Adjusted Book per Share Chart

Iveda Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.27 0.27 0.29 0.34

Iveda Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.30 0.31 0.32 0.34 0.34

Competitive Comparison of Iveda Solutions's Cyclically Adjusted Book per Share

For the Security & Protection Services subindustry, Iveda Solutions'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.


Iveda Solutions's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Iveda Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Iveda Solutions 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, Iveda Solutions's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.294/131.7762*131.7762
=0.294

Current CPI (Mar. 2024) = 131.7762.

Iveda Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201006 0.107 91.962 0.153
201009 0.279 92.162 0.399
201012 0.303 92.474 0.432
201103 0.095 94.283 0.133
201106 1.805 95.235 2.498
201109 1.626 95.727 2.238
201112 1.082 95.213 1.497
201203 0.773 96.783 1.052
201206 0.701 96.819 0.954
201209 0.769 97.633 1.038
201212 0.462 96.871 0.628
201303 0.981 98.209 1.316
201306 0.940 98.518 1.257
201309 0.724 98.790 0.966
201312 0.156 98.326 0.209
201403 -0.234 99.695 -0.309
201406 -0.665 100.560 -0.871
201409 -1.010 100.428 -1.325
201412 -0.221 99.070 -0.294
201503 0.291 99.621 0.385
201506 -0.006 100.684 -0.008
201509 -0.194 100.392 -0.255
201512 -0.467 99.792 -0.617
201603 -0.650 100.470 -0.853
201606 -0.540 101.688 -0.700
202009 0.000 109.815 0.000
202012 -0.563 109.897 -0.675
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 -0.183 115.734 -0.208
202112 -0.080 117.630 -0.090
202203 -0.190 121.301 -0.206
202206 0.391 125.017 0.412
202209 0.719 125.227 0.757
202212 0.502 125.222 0.528
202303 0.521 127.348 0.539
202306 0.471 128.729 0.482
202309 0.416 129.860 0.422
202312 0.359 129.419 0.366
202403 0.294 131.776 0.294

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


Iveda Solutions  (NAS:IVDA) 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.

Iveda Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.602/0.34
=1.77

* 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Iveda Solutions was 65.43. The lowest was 1.66. And the median was 3.87.


Be Aware

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


Iveda Solutions Cyclically Adjusted Book per Share Related Terms

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


Iveda Solutions (Iveda Solutions) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204
Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).
Executives
Joe Farnsworth director 460 SOUTH GREENFIELD ROAD, MESA AZ 85206
Chi-kuang Sid Sung officer: President 7098 PHYLLIS AVENUE, SAN JOSE CA 95129
Squirrel-away Llc director 7500 E PINNACLE PEAK ROAD, SUITE A-106, SCOTTSDALE AZ 85255
Robert J Brilon officer: CFO/Exec. V.P. 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Brian Lee Duling officer: CFO/Treasurer 1201 S. ALMA ROAD, SUITE 8500, MESA AZ 85210
Luz Berg officer: Chief Operating Officer & CMO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Robert Gillen director 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Alejandro Franco director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Richard Casper Gibson officer: SVP of Global Sales & Support 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Lynne Phillis officer: Controller 1201 S ALMA SCHOOL RD, SUITE 4450, MESA AZ 85210
David Ly director, 10 percent owner, officer: President and CEO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Alex Kuo officer: See remarks 210-2101 W 38TH AVENUE, VANCOUVER A1 V6M 1R9
William M Walsh 10 percent owner 117 NORTH 2ND AVENUE, STERLING CO 80751
Steven G Wollach officer: Chief Financial Officer C/O INTERACTIVE OBJECTS INC, 214 PINE STREET SUITE 800, SEATTLE WA 98101
James D Staudohar director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210