GURUFOCUS.COM » STOCK LIST » Technology » Software » Adeia Inc (LTS:0M2A) » Definitions » Cyclically Adjusted Book per Share

Adeia (LTS:0M2A) Cyclically Adjusted Book per Share : $11.96 (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Adeia 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.

Adeia's adjusted book value per share for the three months ended in Jun. 2024 was $3.299. 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 $11.96 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Adeia's average Cyclically Adjusted Book Growth Rate was -3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -14.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -12.70% 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 Adeia was 2.80% per year. The lowest was -30.60% per year. And the median was 1.50% per year.

As of today (2024-09-21), Adeia's current stock price is $12.6901. Adeia's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $11.96. Adeia's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adeia was 1.08. The lowest was 0.15. And the median was 0.50.


Adeia Cyclically Adjusted Book per Share Historical Data

The historical data trend for Adeia'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.

Adeia Cyclically Adjusted Book per Share Chart

Adeia 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 31.37 26.97 29.09 19.02 12.03

Adeia Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.66 12.29 12.03 12.12 11.96

Competitive Comparison of Adeia's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Adeia'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.


Adeia's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Adeia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=3.299/132.5538*132.5538
=3.299

Current CPI (Jun. 2024) = 132.5538.

Adeia Quarterly Data

Book Value per Share CPI Adj_Book
201409 9.755 100.428 12.876
201412 10.245 99.070 13.708
201503 10.344 99.621 13.764
201506 10.356 100.684 13.634
201509 10.319 100.392 13.625
201512 10.243 99.792 13.606
201603 9.988 100.470 13.177
201606 10.003 101.688 13.039
201609 10.391 101.861 13.522
201612 10.394 101.863 13.526
201703 10.057 102.862 12.960
201706 9.227 103.349 11.834
201709 8.850 104.136 11.265
201712 8.871 104.011 11.305
201803 12.399 105.290 15.610
201806 11.669 106.317 14.549
201809 11.134 106.507 13.857
201812 12.796 105.998 16.002
201903 11.984 107.251 14.811
201906 11.766 108.070 14.432
201909 11.413 108.329 13.965
201912 11.042 108.420 13.500
202003 11.182 108.902 13.611
202006 12.514 108.767 15.251
202009 12.211 109.815 14.739
202012 13.905 109.897 16.772
202103 13.763 111.754 16.325
202106 13.784 114.631 15.939
202109 13.202 115.734 15.121
202112 13.070 117.630 14.728
202203 13.133 121.301 14.351
202206 13.143 125.017 13.935
202209 9.446 125.227 9.999
202212 2.866 125.222 3.034
202303 3.035 127.348 3.159
202306 3.030 128.729 3.120
202309 3.210 129.860 3.277
202312 3.321 129.419 3.401
202403 3.227 131.776 3.246
202406 3.299 132.554 3.299

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


Adeia  (LTS:0M2A) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.6901/11.96
=1.06

* 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 Adeia was 1.08. The lowest was 0.15. And the median was 0.50.


Be Aware

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


Adeia Cyclically Adjusted Book per Share Related Terms

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


Adeia Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Adeia Inc (LTS:0M2A) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
3025 Orchard Parkway, San Jose, CA, USA, 95134
Adeia Inc is a consumer and entertainment product/solutions licensing company. Its only operating segment being Intellectual Property Licensing (IP). In the IP segment, it primarily license innovations to leading companies in the broader entertainment industry, and those developing new technologies that will help drive this industry forward. It includes Pay-TV, Consumer Electronics, Connected Car, and Media Platform.

Adeia Headlines

No Headlines