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Network-1 Technologies (LTS:0K6P) Cyclically Adjusted Book per Share : $2.55 (As of Sep. 2024)


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What is Network-1 Technologies 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.

Network-1 Technologies's adjusted book value per share for the three months ended in Sep. 2024 was $1.972. 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 $2.55 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Network-1 Technologies's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 18.30% 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 Network-1 Technologies was 26.70% per year. The lowest was -17.70% per year. And the median was 19.20% per year.

As of today (2024-10-31), Network-1 Technologies's current stock price is $1.295. Network-1 Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $2.55. Network-1 Technologies's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Network-1 Technologies was 5.33. The lowest was 0.52. And the median was 1.73.


Network-1 Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Network-1 Technologies'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.

Network-1 Technologies Cyclically Adjusted Book per Share Chart

Network-1 Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.04 2.18 2.49 2.50

Network-1 Technologies 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 2.33 2.50 2.70 2.27 2.55

Competitive Comparison of Network-1 Technologies's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Network-1 Technologies'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.


Network-1 Technologies's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Network-1 Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Network-1 Technologies's Cyclically Adjusted PB Ratio falls into.



Network-1 Technologies 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, Network-1 Technologies'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)
=1.972/133.0289*133.0289
=1.972

Current CPI (Sep. 2024) = 133.0289.

Network-1 Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.110 99.070 1.490
201503 1.139 99.621 1.521
201506 1.116 100.684 1.475
201509 1.134 100.392 1.503
201512 1.236 99.792 1.648
201603 1.398 100.470 1.851
201606 1.751 101.688 2.291
201609 2.223 101.861 2.903
201612 2.227 101.863 2.908
201703 2.268 102.862 2.933
201706 2.315 103.349 2.980
201709 2.297 104.136 2.934
201712 2.282 104.011 2.919
201803 2.594 105.290 3.277
201806 2.553 106.317 3.194
201809 2.473 106.507 3.089
201812 2.452 105.998 3.077
201903 2.397 107.251 2.973
201906 2.341 108.070 2.882
201909 2.267 108.329 2.784
201912 2.226 108.420 2.731
202003 2.114 108.902 2.582
202006 2.099 108.767 2.567
202009 2.107 109.815 2.552
202012 2.039 109.897 2.468
202103 2.383 111.754 2.837
202106 2.350 114.631 2.727
202109 2.575 115.734 2.960
202112 2.529 117.630 2.860
202203 2.412 121.301 2.645
202206 2.353 125.017 2.504
202209 2.402 125.227 2.552
202212 2.309 125.222 2.453
202303 2.228 127.348 2.327
202306 2.212 128.729 2.286
202309 2.131 129.860 2.183
202312 2.152 129.419 2.212
202403 2.056 131.776 2.076
202406 2.034 132.554 2.041
202409 1.972 133.029 1.972

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


Network-1 Technologies  (LTS:0K6P) 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.

Network-1 Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.295/2.55
=0.51

* 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 Network-1 Technologies was 5.33. The lowest was 0.52. And the median was 1.73.


Be Aware

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


Network-1 Technologies Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Network-1 Technologies's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Network-1 Technologies Business Description

Traded in Other Exchanges
Address
65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840
Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current plan includes continuing to pursue licensing opportunities for its intellectual property assets.

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