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Sandston (Sandston) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2022)


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What is Sandston 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.

Sandston's adjusted book value per share for the three months ended in Dec. 2022 was $-0.002. 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 Dec. 2022.

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 (2024-05-05), Sandston's current stock price is $0.0001. Sandston's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was $0.00. Sandston's Cyclically Adjusted PB Ratio of today is .


Sandston Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sandston'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.

Sandston Cyclically Adjusted Book per Share Chart

Sandston Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
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Sandston Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Sandston's Cyclically Adjusted Book per Share

For the Shell Companies subindustry, Sandston'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.


Sandston's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Sandston's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sandston 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, Sandston's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book= Book Value per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.002/125.2218*125.2218
=-0.002

Current CPI (Dec. 2022) = 125.2218.

Sandston Quarterly Data

Book Value per Share CPI Adj_Book
201303 -0.001 98.209 -0.001
201306 -0.001 98.518 -0.001
201309 -0.001 98.790 -0.001
201312 -0.002 98.326 -0.003
201403 -0.001 99.695 -0.001
201406 -0.001 100.560 -0.001
201409 -0.001 100.428 -0.001
201412 -0.001 99.070 -0.001
201503 -0.001 99.621 -0.001
201506 -0.001 100.684 -0.001
201509 -0.001 100.392 -0.001
201512 -0.002 99.792 -0.003
201603 -0.001 100.470 -0.001
201606 -0.002 101.688 -0.002
201609 -0.002 101.861 -0.002
201612 -0.002 101.863 -0.002
201703 -0.001 102.862 -0.001
201706 -0.001 103.349 -0.001
201709 -0.001 104.136 -0.001
201712 -0.001 104.011 -0.001
201803 -0.001 105.290 -0.001
201806 -0.001 106.317 -0.001
201809 -0.001 106.507 -0.001
201812 -0.001 105.998 -0.001
201903 -0.001 107.251 -0.001
201906 -0.001 108.070 -0.001
201909 -0.002 108.329 -0.002
201912 -0.001 108.420 -0.001
202003 -0.001 108.902 -0.001
202006 -0.001 108.767 -0.001
202009 -0.001 109.815 -0.001
202012 -0.001 109.897 -0.001
202103 -0.001 111.754 -0.001
202106 -0.001 114.631 -0.001
202109 -0.001 115.734 -0.001
202112 -0.001 117.630 -0.001
202203 -0.001 121.301 -0.001
202206 -0.002 125.017 -0.002
202209 -0.002 125.227 -0.002
202212 -0.002 125.222 -0.002

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


Sandston  (OTCPK:SDON) 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.


Sandston Cyclically Adjusted Book per Share Related Terms

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


Sandston (Sandston) Business Description

Traded in Other Exchanges
N/A
Address
1496 Business Park Drive, Suite A, Traverse City, MI, USA, 49868
Website
Sandston Corp is a shell company.
Executives
Richard Anthony Walawender director, officer: Secretary 150 W. JEFFERSON, SUITE 2500, DETROIT MI 48226
Daniel J Dorman director, 10 percent owner, officer: President and CEO
Lawrence J Defiore director
Dennis A Sierk officer: VP-Pdct Mgmt & Pres-Optim. 5840 INTERFACE DRIVE, ANN ARBOR AL 48103
Hugo Braun director 206 SOUTH FIFTH AVENUE, ANN ARBOR MI 48104
Nematron Corp director 40950 WOODWARD AVENUE, SUITE 304, BLOOMFIELD HILLS MI 48034

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