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LDWY (Lendway) Cyclically Adjusted Book per Share : $9.96 (As of Dec. 2024)


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What is Lendway 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.

Lendway's adjusted book value per share for the three months ended in Dec. 2024 was $5.559. 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 $9.96 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Lendway's average Cyclically Adjusted Book Growth Rate was -8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 Lendway was 22.00% per year. The lowest was -13.70% per year. And the median was 0.80% per year.

As of today (2025-05-18), Lendway's current stock price is $4.48. Lendway's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $9.96. Lendway's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lendway was 2.36. The lowest was 0.31. And the median was 0.66.


Lendway Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lendway'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.

Lendway Cyclically Adjusted Book per Share Chart

Lendway Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.63 11.94 11.42 10.83 9.96

Lendway Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.83 10.76 10.54 10.29 9.96

Competitive Comparison of Lendway's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, Lendway'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.


Lendway's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lendway's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Lendway 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, Lendway's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.559/133.1571*133.1571
=5.559

Current CPI (Dec. 2024) = 133.1571.

Lendway Quarterly Data

Book Value per Share CPI Adj_Book
201503 14.180 99.621 18.953
201506 14.380 100.684 19.018
201509 14.478 100.392 19.203
201512 14.874 99.792 19.847
201603 14.691 100.470 19.471
201606 14.587 101.688 19.101
201609 14.470 101.861 18.916
201612 9.069 101.863 11.855
201703 8.442 102.862 10.928
201706 8.135 103.349 10.481
201709 8.312 104.136 10.628
201712 8.720 104.011 11.164
201803 8.848 105.290 11.190
201806 8.970 106.317 11.235
201809 9.343 106.507 11.681
201812 9.651 105.998 12.124
201903 9.063 107.251 11.252
201906 8.781 108.070 10.819
201909 8.237 108.329 10.125
201912 6.425 108.420 7.891
202003 6.358 108.902 7.774
202006 5.356 108.767 6.557
202009 4.884 109.815 5.922
202012 3.812 109.897 4.619
202103 4.058 111.754 4.835
202106 2.944 114.631 3.420
202109 2.445 115.734 2.813
202112 1.792 117.630 2.029
202203 1.855 121.301 2.036
202206 1.265 125.017 1.347
202209 7.852 125.227 8.349
202212 7.457 125.222 7.930
202303 8.387 127.348 8.770
202306 8.374 128.729 8.662
202309 9.082 129.860 9.313
202312 8.911 129.419 9.168
202403 8.316 131.776 8.403
202406 7.795 132.554 7.830
202409 7.233 133.029 7.240
202412 5.559 133.157 5.559

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


Lendway  (NAS:LDWY) 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.

Lendway's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.48/9.96
=0.45

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Lendway was 2.36. The lowest was 0.31. And the median was 0.66.


Be Aware

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


Lendway Cyclically Adjusted Book per Share Related Terms

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


Lendway Business Description

Traded in Other Exchanges
N/A
Address
5000 West 36th Street, Suite 220, Minneapolis, MN, USA, 55416
Lendway Inc is a specialty agricultural and finance company focused on making and managing its ag investments in the United States and internationally. The company operates in two industries: Specialty Ag, consisting of the Bloomia business, and Non-bank Lending, consisting of the Lending Business.
Executives
Daniel C. Philp director 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Mark Jundt director 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Mary Herfurth director 212 THIRD AVENUE NORTH, STE. 356, MINNEAPOLIS MN 55401
Matthew Kelly director 212 THIRD AVENUE NORTH, SUITE 356, MINNEAPOLIS MN 55401
Nicholas John Swenson director, 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Randy D. Uglem officer: Sr Vice President of Lending 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Zackery Weber officer: Sr Dir Fin Plng-Interim PAO 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Air T Inc 10 percent owner 11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262
Funicular Fund, Lp 10 percent owner 2261 MARKET STREET, #4307, SAN FRANCISCO CA 94114
Chad Bruce Johnson director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Cable Car Capital Llc 10 percent owner 2261 MARKET STREET #4307, SAN FRANCISCO CA 94114
Adam D May officer: CHIEF GROWTH OFFICER 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Loren A Unterseher director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Kristine A Glancy officer: Chief Executive Officer 8799 BROOKLYN BLVD., MINNEAPOLIS MN 55445
Suzanne L Clarridge director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445