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SATO Technologies (TSXV:SATO) Cyclically Adjusted Book per Share : C$0.03 (As of Dec. 2023)


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What is SATO 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.

SATO Technologies's adjusted book value per share for the three months ended in Dec. 2023 was C$0.091. 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$0.03 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SATO Technologies's average Cyclically Adjusted Book Growth Rate was 33.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.60% 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 SATO Technologies was -20.60% per year. The lowest was -33.10% per year. And the median was -26.85% per year.

As of today (2024-05-21), SATO Technologies's current stock price is C$0.28. SATO Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.03. SATO Technologies's Cyclically Adjusted PB Ratio of today is 9.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SATO Technologies was 31.00. The lowest was 4.00. And the median was 11.67.


SATO Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for SATO 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.

SATO Technologies Cyclically Adjusted Book per Share Chart

SATO Technologies Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.08 0.04 0.03 0.03

SATO Technologies Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of SATO Technologies's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, SATO 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.


SATO Technologies's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SATO Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SATO 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, SATO Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.091/125.0724*125.0724
=0.091

Current CPI (Dec. 2023) = 125.0724.

SATO Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.022 97.261 0.028
201404 0.018 98.920 0.023
201407 0.011 99.315 0.014
201410 -0.001 99.473 -0.001
201501 -0.005 98.209 -0.006
201504 -0.013 99.710 -0.016
201507 -0.015 100.579 -0.019
201510 -0.020 100.500 -0.025
201601 -0.031 100.184 -0.039
201604 -0.033 101.370 -0.041
201607 -0.037 101.844 -0.045
201610 -0.047 102.002 -0.058
201701 -0.095 102.318 -0.116
201704 0.061 103.029 0.074
201707 0.059 103.029 0.072
201710 0.058 103.424 0.070
201801 0.055 104.056 0.066
201804 0.051 105.320 0.061
201807 0.048 106.110 0.057
201810 0.044 105.952 0.052
201901 0.042 105.557 0.050
201904 0.047 107.453 0.055
201907 0.041 108.243 0.047
201910 0.035 107.927 0.041
202001 0.033 108.085 0.038
202004 0.030 107.216 0.035
202007 0.026 108.401 0.030
202010 0.023 108.638 0.026
202101 0.022 109.192 0.025
202104 0.018 110.851 0.020
202107 0.005 112.431 0.006
202112 0.117 113.774 0.129
202203 0.143 117.646 0.152
202206 0.102 120.806 0.106
202209 0.086 120.648 0.089
202212 0.066 120.964 0.068
202303 0.080 122.702 0.082
202306 0.081 124.203 0.082
202309 0.076 125.230 0.076
202312 0.091 125.072 0.091

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


SATO Technologies  (TSXV:SATO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.28/0.03
=9.33

* 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 SATO Technologies was 31.00. The lowest was 4.00. And the median was 11.67.


Be Aware

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


SATO Technologies Cyclically Adjusted Book per Share Related Terms

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


SATO Technologies (TSXV:SATO) Business Description

Traded in Other Exchanges
Address
66 Wellington Street West, Suite 5300, Toronto, ON, CAN, M5K 1E6
SATO Technologies Corp is engaged in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the Bitcoin blockchain and others. The Group receives digital assets in return for successful service and is primarily engaged in the cryptocurrency mining industry.

SATO Technologies (TSXV:SATO) Headlines