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ProGreen US (ProGreen US) Cyclically Adjusted Book per Share : $0.00 (As of Jan. 2019)


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What is ProGreen US Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

ProGreen US's adjusted book value per share for the three months ended in Jan. 2019 was $-0.004. 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 $0.00 for the trailing ten years ended in Jan. 2019.

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 (2024-06-19), ProGreen US's current stock price is $0.0001. ProGreen US's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2019 was $0.00. ProGreen US's Cyclically Adjusted PB Ratio of today is .


ProGreen US Cyclically Adjusted Book per Share Historical Data

The historical data trend for ProGreen US'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.

ProGreen US Cyclically Adjusted Book per Share Chart

ProGreen US Annual Data
Trend Dec08 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Cyclically Adjusted Book per Share
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ProGreen US Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19
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Competitive Comparison of ProGreen US's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, ProGreen US'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.


ProGreen US's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ProGreen US's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ProGreen US 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, ProGreen US's adjusted Book Value per Share data for the three months ended in Jan. 2019 was:

Adj_Book= Book Value per Share /CPI of Jan. 2019 (Change)*Current CPI (Jan. 2019)
=-0.004/106.2000*106.2000
=-0.004

Current CPI (Jan. 2019) = 106.2000.

ProGreen US Quarterly Data

Book Value per Share CPI Adj_Book
200903 0.037 89.744 0.044
200907 0.002 90.859 0.002
200910 0.002 91.207 0.002
201001 0.003 91.423 0.003
201004 0.030 91.980 0.035
201007 0.006 91.981 0.007
201010 0.004 92.277 0.005
201101 0.004 92.914 0.005
201104 0.002 94.890 0.002
201107 0.001 95.319 0.001
201110 0.000 95.529 0.000
201201 -0.001 95.632 -0.001
201204 0.000 97.075 0.000
201207 -0.001 96.661 -0.001
201210 -0.002 97.595 -0.002
201301 -0.003 97.158 -0.003
201304 -0.003 98.107 -0.003
201307 -0.005 98.557 -0.005
201310 -0.005 98.536 -0.005
201401 -0.007 98.692 -0.008
201404 -0.008 100.023 -0.008
201407 -0.009 100.520 -0.010
201410 -0.010 100.176 -0.011
201501 -0.010 98.604 -0.011
201504 -0.009 99.824 -0.010
201507 -0.008 100.691 -0.008
201510 -0.008 100.346 -0.008
201601 -0.009 99.957 -0.010
201604 -0.004 100.947 -0.004
201607 -0.005 101.524 -0.005
201610 -0.002 101.988 -0.002
201701 -0.003 102.456 -0.003
201704 -0.001 103.167 -0.001
201707 -0.001 103.278 -0.001
201710 -0.001 104.070 -0.001
201801 -0.002 104.578 -0.002
201804 -0.004 105.708 -0.004
201807 -0.006 106.324 -0.006
201810 -0.003 106.695 -0.003
201901 -0.004 106.200 -0.004

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


ProGreen US  (GREY:PGUS) 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.


ProGreen US Cyclically Adjusted Book per Share Related Terms

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


ProGreen US (ProGreen US) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2667 Camino del Rio South, Suite 312, San Diego, CA, USA, 92108-3763
ProGreen US Inc is engaged in acquiring, refurbishing and upgrading income-producing residential real estate. The company acquires, refurbishes and upgrades existing properties into more environmentally sustainable, energy efficient, comfortable and healthier living spaces.