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OCC (Optical Cable) Cyclically Adjusted Book per Share : $3.60 (As of Jan. 2025)


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What is Optical Cable 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.

Optical Cable's adjusted book value per share for the three months ended in Jan. 2025 was $2.408. 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 $3.60 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Optical Cable's average Cyclically Adjusted Book Growth Rate was -5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.60% 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 Optical Cable was 2.10% per year. The lowest was -5.20% per year. And the median was -2.15% per year.

As of today (2025-05-16), Optical Cable's current stock price is $3.15. Optical Cable's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $3.60. Optical Cable's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Optical Cable was 1.67. The lowest was 0.43. And the median was 0.74.


Optical Cable Cyclically Adjusted Book per Share Historical Data

The historical data trend for Optical Cable'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.

Optical Cable Cyclically Adjusted Book per Share Chart

Optical Cable Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 4.07 4.06 3.88 3.67

Optical Cable Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 3.82 3.81 3.74 3.67 3.60

Competitive Comparison of Optical Cable's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Optical Cable'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.


Optical Cable's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Optical Cable 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, Optical Cable's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=2.408/134.0288*134.0288
=2.408

Current CPI (Jan. 2025) = 134.0288.

Optical Cable Quarterly Data

Book Value per Share CPI Adj_Book
201504 4.255 99.824 5.713
201507 4.174 100.691 5.556
201510 3.772 100.346 5.038
201601 3.557 99.957 4.769
201604 3.313 100.947 4.399
201607 3.355 101.524 4.429
201610 3.497 101.988 4.596
201701 3.296 102.456 4.312
201704 3.290 103.167 4.274
201707 3.295 103.278 4.276
201710 3.238 104.070 4.170
201801 3.030 104.578 3.883
201804 3.275 105.708 4.152
201807 3.418 106.324 4.309
201810 3.485 106.695 4.378
201901 3.159 106.200 3.987
201904 3.070 107.818 3.816
201907 2.930 108.250 3.628
201910 2.847 108.577 3.514
202001 2.505 108.841 3.085
202004 2.283 108.173 2.829
202007 2.073 109.318 2.542
202010 2.025 109.861 2.470
202101 1.746 110.364 2.120
202104 2.209 112.673 2.628
202107 2.920 115.183 3.398
202110 2.812 116.696 3.230
202201 2.712 118.619 3.064
202204 2.682 121.978 2.947
202207 2.646 125.002 2.837
202210 2.808 125.734 2.993
202301 2.923 126.223 3.104
202304 3.251 127.992 3.404
202307 3.273 128.974 3.401
202310 3.132 129.810 3.234
202401 2.973 130.124 3.062
202404 2.781 132.289 2.818
202407 2.580 132.708 2.606
202410 2.536 133.182 2.552
202501 2.408 134.029 2.408

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


Optical Cable  (NAS:OCC) 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.

Optical Cable's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.15/3.60
=0.88

* 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 Optical Cable was 1.67. The lowest was 0.43. And the median was 0.74.


Be Aware

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


Optical Cable Cyclically Adjusted Book per Share Related Terms

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


Optical Cable Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optical Cable Corp (NAS:OCC) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
5290 Concourse Drive, Roanoke, VA, USA, 24019
Optical Cable Corp manufactures tight-buffered fiber optic & copper data communication cables, data communication connectivity solutions for enterprise markets, and customized solutions for specialty use & harsh environments. Its products and services include designs and customized products for specialty applications and harsh environments, cabling, connectors, patch cords, assemblies, racks, cabinets, datacom enclosures, patch panels, faceplates, and multi-media boxes. The company supplies its products and services to industries such as the military, industrial, mining, petrochemical, renewable energy and broadcast applications, and for the wireless carrier market.
Executives
Randall H Frazier director
Wilkin Neil D Jr director, officer: President and CFO
Williamson John B Iii director PO BOX 13007, ROANOKE VA 24030
Nygren John A Jr director 567 SEAFORD LANE, MATHEWS VA 23109
Craig H Weber director
William Russell Reynolds officer: SR VP OF SALES 106 DISTANT VIEW DRIVE, ASHEVILLE NC 28803
Tracy G Smith officer: Chief Financial Officer
Luke J Huybrechts director, officer: SVP Sales
Charles W Carson officer: SVP Marketing & Strategy
Ted W Leonard officer: VP Sales - USA
John M Holland director