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Xtract One Technologies (TSX:XTRA) Cyclically Adjusted Book per Share : C$0.14 (As of Jan. 2024)


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What is Xtract One Technologies 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.

Xtract One Technologies's adjusted book value per share for the three months ended in Jan. 2024 was C$0.047. 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 C$0.14 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Xtract One Technologies's average Cyclically Adjusted Book Growth Rate was -33.30% 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.

As of today (2024-05-22), Xtract One Technologies's current stock price is C$0.495. Xtract One Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.14. Xtract One Technologies's Cyclically Adjusted PB Ratio of today is 3.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Xtract One Technologies was 5.79. The lowest was 1.24. And the median was 2.17.


Xtract One Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Xtract One Technologies'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.

Xtract One Technologies Cyclically Adjusted Book per Share Chart

Xtract One Technologies Annual Data
Trend May14 May15 May16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.27 0.26 0.17

Xtract One Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.21 0.19 0.17 0.15 0.14

Competitive Comparison of Xtract One Technologies's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Xtract One Technologies'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.


Xtract One Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Xtract One Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Xtract One Technologies 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, Xtract One Technologies's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.047/125.0724*125.0724
=0.047

Current CPI (Jan. 2024) = 125.0724.

Xtract One Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201402 1.217 98.051 1.552
201405 -0.196 99.394 -0.247
201408 -0.301 99.315 -0.379
201411 -0.384 99.078 -0.485
201502 -0.486 99.078 -0.614
201505 -0.492 100.263 -0.614
201508 -0.527 100.579 -0.655
201511 -0.427 100.421 -0.532
201602 -0.435 100.421 -0.542
201605 -0.434 101.765 -0.533
201608 0.008 101.686 0.010
201701 0.030 102.318 0.037
201704 0.031 103.029 0.038
201707 0.091 103.029 0.110
201710 0.186 103.424 0.225
201801 0.164 104.056 0.197
201804 0.340 105.320 0.404
201807 0.302 106.110 0.356
201810 0.275 105.952 0.325
201901 0.542 105.557 0.642
201904 0.512 107.453 0.596
201907 0.482 108.243 0.557
201910 0.521 107.927 0.604
202001 0.483 108.085 0.559
202004 0.454 107.216 0.530
202007 0.413 108.401 0.477
202010 0.393 108.638 0.452
202101 0.375 109.192 0.430
202104 0.355 110.851 0.401
202107 0.311 112.431 0.346
202110 0.304 113.695 0.334
202201 0.284 114.801 0.309
202204 0.278 118.357 0.294
202207 0.089 120.964 0.092
202210 0.060 121.517 0.062
202301 0.036 121.596 0.037
202304 0.080 123.571 0.081
202307 0.075 124.914 0.075
202310 0.062 125.310 0.062
202401 0.047 125.072 0.047

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


Xtract One Technologies  (TSX:XTRA) 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.

Xtract One Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.495/0.14
=3.54

* 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 Xtract One Technologies was 5.79. The lowest was 1.24. And the median was 2.17.


Be Aware

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


Xtract One Technologies Cyclically Adjusted Book per Share Related Terms

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


Xtract One Technologies (TSX:XTRA) Business Description

Industry
Traded in Other Exchanges
Address
257 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5H 1X9
Xtract One Technologies Inc is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The principal business of the Company is the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution, referred to as the Platform, with the aim of enhancing public health and safety. The company makes unobtrusive threat detection systems that enable venue-building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One's innovative multi-sensor gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic.

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