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Naturally Splendid Enterprises (TSXV:NSP.H) Cyclically Adjusted Book per Share : C$0.38 (As of Sep. 2022)


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What is Naturally Splendid Enterprises 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.

Naturally Splendid Enterprises's adjusted book value per share for the three months ended in Sep. 2022 was C$-0.101. 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$0.38 for the trailing ten years ended in Sep. 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 (2024-06-14), Naturally Splendid Enterprises's current stock price is C$0.02. Naturally Splendid Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was C$0.38. Naturally Splendid Enterprises's Cyclically Adjusted PB Ratio of today is 0.05.


Naturally Splendid Enterprises Cyclically Adjusted Book per Share Historical Data

The historical data trend for Naturally Splendid Enterprises'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.

Naturally Splendid Enterprises Cyclically Adjusted Book per Share Chart

Naturally Splendid Enterprises Annual Data
Trend Jan12 Jan13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.40

Naturally Splendid Enterprises Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.42 0.40 0.39 0.39 0.38

Competitive Comparison of Naturally Splendid Enterprises's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Naturally Splendid Enterprises'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.


Naturally Splendid Enterprises's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Naturally Splendid Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Naturally Splendid Enterprises 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, Naturally Splendid Enterprises's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book= Book Value per Share /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.101/120.6479*120.6479
=-0.101

Current CPI (Sep. 2022) = 120.6479.

Naturally Splendid Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201210 0.120 96.550 0.150
201301 0.086 95.839 0.108
201306 0.538 97.182 0.668
201309 0.303 97.419 0.375
201312 0.329 96.945 0.409
201403 0.201 98.604 0.246
201406 0.552 99.473 0.670
201409 0.363 99.394 0.441
201412 0.249 98.367 0.305
201503 1.045 99.789 1.263
201506 1.293 100.500 1.552
201509 1.081 100.421 1.299
201512 0.142 99.947 0.171
201603 0.055 101.054 0.066
201606 0.293 102.002 0.347
201609 0.325 101.765 0.385
201612 0.480 101.449 0.571
201703 0.474 102.634 0.557
201706 0.294 103.029 0.344
201709 0.193 103.345 0.225
201712 0.379 103.345 0.442
201803 1.046 105.004 1.202
201806 0.926 105.557 1.058
201809 0.747 105.636 0.853
201812 0.523 105.399 0.599
201903 0.393 106.979 0.443
201906 0.486 107.690 0.544
201909 0.437 107.611 0.490
201912 0.076 107.769 0.085
202003 -0.064 107.927 -0.072
202006 -0.019 108.401 -0.021
202009 -0.010 108.164 -0.011
202012 -0.070 108.559 -0.078
202103 -0.064 110.298 -0.070
202106 -0.133 111.720 -0.144
202109 -0.155 112.905 -0.166
202112 -0.067 113.774 -0.071
202203 -0.035 117.646 -0.036
202206 -0.079 120.806 -0.079
202209 -0.101 120.648 -0.101

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


Naturally Splendid Enterprises  (TSXV:NSP.H) 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.

Naturally Splendid Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.02/0.38
=0.05

* 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.


Be Aware

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


Naturally Splendid Enterprises Cyclically Adjusted Book per Share Related Terms

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


Naturally Splendid Enterprises (TSXV:NSP.H) Business Description

Traded in Other Exchanges
N/A
Address
19100 Airport Way, Unit 108, Pitt Meadows, BC, CAN, V3Y 0E2
Naturally Splendid Enterprises Ltd operates a certified food manufacturing facility producing plant-based entrees, in the Greater Vancouver region in Canada. The company has an exclusive 10-year manufacturing, distribution and licensing agreement for Canada with Australia's largest plant-based food manufacturer. Naturally Splendid has launched Plantein Plant-Based Foods in both Foodservice and Retail Channels.

Naturally Splendid Enterprises (TSXV:NSP.H) Headlines

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