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Legend Power Systems (TSXV:LPS) Cyclically Adjusted Book per Share : C$0.06 (As of Mar. 2024)


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What is Legend Power Systems 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.

Legend Power Systems's adjusted book value per share for the three months ended in Mar. 2024 was C$0.016. 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$0.06 for the trailing ten years ended in Mar. 2024.

During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -32.20% 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 Legend Power Systems was -9.10% per year. The lowest was -55.50% per year. And the median was -18.60% per year.

As of today (2024-06-19), Legend Power Systems's current stock price is C$0.17. Legend Power Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.06. Legend Power Systems's Cyclically Adjusted PB Ratio of today is 2.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Legend Power Systems was 14.67. The lowest was 0.07. And the median was 2.50.


Legend Power Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for Legend Power Systems'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.

Legend Power Systems Cyclically Adjusted Book per Share Chart

Legend Power Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.06 0.06 0.06 0.06

Legend Power Systems 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 0.06 0.06 0.06 0.06 0.06

Competitive Comparison of Legend Power Systems's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Legend Power Systems'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.


Legend Power Systems's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Legend Power Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Legend Power Systems 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, Legend Power Systems'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)
=0.016/126.2576*126.2576
=0.016

Current CPI (Mar. 2024) = 126.2576.

Legend Power Systems Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.022 99.473 0.028
201409 0.050 99.394 0.064
201412 0.040 98.367 0.051
201503 0.042 99.789 0.053
201506 0.034 100.500 0.043
201509 0.021 100.421 0.026
201512 0.045 99.947 0.057
201603 0.043 101.054 0.054
201606 0.038 102.002 0.047
201609 0.021 101.765 0.026
201612 0.044 101.449 0.055
201703 0.041 102.634 0.050
201706 0.042 103.029 0.051
201709 0.049 103.345 0.060
201712 0.060 103.345 0.073
201803 0.057 105.004 0.069
201806 0.144 105.557 0.172
201809 0.134 105.636 0.160
201812 0.124 105.399 0.149
201903 0.112 106.979 0.132
201906 0.101 107.690 0.118
201909 0.076 107.611 0.089
201912 0.063 107.769 0.074
202003 0.048 107.927 0.056
202006 0.040 108.401 0.047
202009 0.033 108.164 0.039
202012 0.027 108.559 0.031
202103 0.023 110.298 0.026
202106 0.093 111.720 0.105
202109 0.086 112.905 0.096
202112 0.077 113.774 0.085
202203 0.065 117.646 0.070
202206 0.054 120.806 0.056
202209 0.046 120.648 0.048
202212 0.038 120.964 0.040
202303 0.029 122.702 0.030
202306 0.021 124.203 0.021
202309 0.030 125.230 0.030
202312 0.023 125.072 0.023
202403 0.016 126.258 0.016

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


Legend Power Systems  (TSXV:LPS) 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.

Legend Power Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.17/0.06
=2.83

* 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 Legend Power Systems was 14.67. The lowest was 0.07. And the median was 2.50.


Be Aware

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


Legend Power Systems Cyclically Adjusted Book per Share Related Terms

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


Legend Power Systems (TSXV:LPS) Business Description

Traded in Other Exchanges
Address
1480 Frances Street, Vancouver, BC, CAN, V5L 1Y9
Legend Power Systems Inc together with its subsidiaries provides electrical energy conservation solutions to commercial and industrial customers in Canada. The Company's principal business activities are the assembly, marketing and sale of a patented device which is the SmartGATE, which enables dynamic power management of an entire commercial or industrial building. Business operating segments are based on geographical location of sale and installation of the SmartGATE products: Legend Power Systems Canada and Legend Power Systems Corp - U.S. Geographically, it derives a majority of revenue from Canada and also has a presence in the United States.
Executives
David Dean Guebert Director

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