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Gaming Innovation Group (OSL:GIG) Cyclically Adjusted Book per Share : kr7.22 (As of Mar. 2024)


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What is Gaming Innovation Group 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.

Gaming Innovation Group's adjusted book value per share for the three months ended in Mar. 2024 was kr8.544. 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 kr7.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gaming Innovation Group's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Gaming Innovation Group was 5.50% per year. The lowest was 4.00% per year. And the median was 4.50% per year.

As of today (2024-06-10), Gaming Innovation Group's current stock price is kr32.30. Gaming Innovation Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr7.22. Gaming Innovation Group's Cyclically Adjusted PB Ratio of today is 4.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gaming Innovation Group was 9.59. The lowest was 0.46. And the median was 2.95.


Gaming Innovation Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gaming Innovation Group'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.

Gaming Innovation Group Cyclically Adjusted Book per Share Chart

Gaming Innovation Group 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 5.84 6.07 6.41 6.56 6.92

Gaming Innovation Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.63 6.70 6.79 6.92 7.22

Competitive Comparison of Gaming Innovation Group's Cyclically Adjusted Book per Share

For the Gambling subindustry, Gaming Innovation Group'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.


Gaming Innovation Group's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gaming Innovation Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gaming Innovation Group 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, Gaming Innovation Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=8.544/131.7762*131.7762
=8.544

Current CPI (Mar. 2024) = 131.7762.

Gaming Innovation Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.663 100.560 0.869
201409 1.476 100.428 1.937
201412 1.458 99.070 1.939
201503 -0.287 99.621 -0.380
201506 4.943 100.684 6.469
201509 5.382 100.392 7.065
201512 5.374 99.792 7.096
201603 5.732 100.470 7.518
201606 7.096 101.688 9.196
201609 11.320 101.861 14.645
201612 11.716 101.863 15.157
201703 11.568 102.862 14.820
201706 10.986 103.349 14.008
201709 11.090 104.136 14.034
201712 11.953 104.011 15.144
201803 11.786 105.290 14.751
201806 11.242 106.317 13.934
201809 11.189 106.507 13.844
201812 9.601 105.998 11.936
201903 9.153 107.251 11.246
201906 8.491 108.070 10.354
201909 7.659 108.329 9.317
201912 2.328 108.420 2.830
202003 2.130 108.902 2.577
202006 1.616 108.767 1.958
202009 0.820 109.815 0.984
202012 0.422 109.897 0.506
202103 0.611 111.754 0.720
202106 1.377 114.631 1.583
202109 1.450 115.734 1.651
202112 0.984 117.630 1.102
202203 1.321 121.301 1.435
202206 5.338 125.017 5.627
202209 5.337 125.227 5.616
202212 5.517 125.222 5.806
202303 7.008 127.348 7.252
202306 8.133 128.729 8.326
202309 8.822 129.860 8.952
202312 8.204 129.419 8.353
202403 8.544 131.776 8.544

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


Gaming Innovation Group  (OSL:GIG) 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.

Gaming Innovation Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.30/7.22
=4.47

* 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 Gaming Innovation Group was 9.59. The lowest was 0.46. And the median was 2.95.


Be Aware

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


Gaming Innovation Group Cyclically Adjusted Book per Share Related Terms

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


Gaming Innovation Group (OSL:GIG) Business Description

Traded in Other Exchanges
Address
Golden Mile Business Centre, Triq Id-Dragunara, St Julian’s, MLT, 3148
Gaming Innovation Group Inc is an iGaming technology company, providing solutions, products and services to iGaming Operators. It operates iGamingCloud.com, a cloud-based platform as a software-as-a-service. It also offers business-to-consumer casino and sports betting services through its online gaming Websites and online performance marketing services. The company's vision is to be the industry leading platform and media provider delivering world class solutions to iGaming partners and their customers'. Its mission is to drive sustainable growth and profitability of partners through product innovation, scalable technology and quality of service.

Gaming Innovation Group (OSL:GIG) Headlines