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EMC (LTS:0QYV) Cyclically Adjusted Book per Share : CHF0.00 (As of Jun. 2016)


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What is EMC 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.

EMC's adjusted book value per share for the three months ended in Jun. 2016 was CHF10.968. 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 CHF0.00 for the trailing ten years ended in Jun. 2016.

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 (2024-05-23), EMC's current stock price is CHF27.71. EMC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 was CHF0.00. EMC's Cyclically Adjusted PB Ratio of today is .


EMC Cyclically Adjusted Book per Share Historical Data

The historical data trend for EMC'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.

EMC Cyclically Adjusted Book per Share Chart

EMC Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Book per Share
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EMC Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of EMC's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, EMC'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.


EMC's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



EMC 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, EMC's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book= Book Value per Share /CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=10.968/101.6881*101.6881
=10.968

Current CPI (Jun. 2016) = 101.6881.

EMC Quarterly Data

Book Value per Share CPI Adj_Book
200609 6.198 85.606 7.362
200612 5.886 85.142 7.030
200703 6.000 86.640 7.042
200706 6.254 87.906 7.235
200709 6.715 87.964 7.763
200712 6.791 88.616 7.793
200803 6.061 90.090 6.841
200806 6.482 92.320 7.140
200809 7.104 92.307 7.826
200812 7.555 88.697 8.662
200903 7.792 89.744 8.829
200906 7.513 91.003 8.395
200909 7.543 91.120 8.418
200912 7.804 91.111 8.710
201003 8.290 91.821 9.181
201006 8.914 91.962 9.857
201009 8.164 92.162 9.008
201012 8.149 92.474 8.961
201103 7.824 94.283 8.438
201106 7.406 95.235 7.908
201109 7.696 95.727 8.175
201112 8.798 95.213 9.396
201203 8.721 96.783 9.163
201206 9.553 96.819 10.033
201209 9.670 97.633 10.072
201212 9.776 96.871 10.262
201303 10.210 98.209 10.572
201306 10.130 98.518 10.456
201309 10.011 98.790 10.305
201312 9.862 98.326 10.199
201403 9.656 99.695 9.849
201406 9.856 100.560 9.967
201409 10.438 100.428 10.569
201412 10.758 99.070 11.042
201503 10.317 99.621 10.531
201506 9.723 100.684 9.820
201509 10.254 100.392 10.386
201512 10.827 99.792 11.033
201603 10.836 100.470 10.967
201606 10.968 101.688 10.968

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


EMC  (LTS:0QYV) 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.


EMC Cyclically Adjusted Book per Share Related Terms

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


EMC (LTS:0QYV) Business Description

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EMC Corp is a Massachusetts corporation, incorporated in 1979. The Company together with its subsidiaries supports the businesses and service providers to transform information technology (IT) operations to an as a service model (ITaaS). The Company operates in three segments: EMC Information Infrastructure, Pivotal and VMware Virtual Infrastructure. The Company's information infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure ever-increasing quantities of information, while at the same time improving business agility, lowering cost and increasing competitive advantage. VMware Virtual Infrastructure provides virtualization infrastructure solutions. Pivotal provides application and data infrastructure software, agile development services and data science consulting. The Company offers a comprehensive portfolio of enterprise storage systems and software - including high-end EMC VMAX and mid-tier EMC VNX unified storage and a portfolio of backup products that support enterprise application workloads. The Company's two additional storage families, EMC Isilon and EMC Atmos, are specifically designed to handle vast quantities of unstructured data. EMC supports a broad range of customers, including service providers, around the world - in every industry, in both public and private sectors, and of sizes ranging from the Fortune 500 to small business and individual consumers. The Company markets its products through direct sales and through multiple distribution channels. It has a direct sales presence throughout North America, Latin America, Europe, the Middle East, South Africa and the Asia Pacific region. The Company also has agreements in place with many partners, including value-added resellers and distributors, cloud service providers, systems integrators, outsourcers, Independent Software Vendors ("ISVs"), and Original Equipment Manufacturers ("OEMs"). The Company competes with many companies in the markets it serve, including companies that offer IT products and services and others that offer specific information storage, protection, security, management and intelligence, data analytics or virtualization products or services.

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