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Vitreous Glass (TSXV:VCI) Cyclically Adjusted Book per Share : C$0.80 (As of Mar. 2025)


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What is Vitreous Glass 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.

Vitreous Glass's adjusted book value per share for the three months ended in Mar. 2025 was C$0.682. 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$0.80 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Vitreous Glass's average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.80% 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 Vitreous Glass was 4.10% per year. The lowest was -2.90% per year. And the median was -0.80% per year.

As of today (2025-05-29), Vitreous Glass's current stock price is C$6.00. Vitreous Glass's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$0.80. Vitreous Glass's Cyclically Adjusted PB Ratio of today is 7.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vitreous Glass was 7.56. The lowest was 2.84. And the median was 4.45.


Vitreous Glass Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vitreous Glass'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.

Vitreous Glass Cyclically Adjusted Book per Share Chart

Vitreous Glass Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.82 0.83 0.83 0.80

Vitreous Glass Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.82 0.82 0.80 0.79 0.80

Competitive Comparison of Vitreous Glass's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Vitreous Glass 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, Vitreous Glass's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.682/129.1809*129.1809
=0.682

Current CPI (Mar. 2025) = 129.1809.

Vitreous Glass Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.840 100.500 1.080
201509 0.820 100.421 1.055
201512 0.666 99.947 0.861
201603 0.757 101.054 0.968
201606 0.779 102.002 0.987
201609 0.733 101.765 0.930
201612 0.728 101.449 0.927
201703 0.718 102.634 0.904
201706 0.676 103.029 0.848
201709 0.699 103.345 0.874
201712 0.711 103.345 0.889
201803 0.671 105.004 0.825
201806 0.661 105.557 0.809
201809 0.696 105.636 0.851
201812 0.687 105.399 0.842
201903 0.641 106.979 0.774
201906 0.577 107.690 0.692
201909 0.606 107.611 0.727
201912 0.675 107.769 0.809
202003 0.657 107.927 0.786
202006 0.694 108.401 0.827
202009 0.675 108.164 0.806
202012 0.670 108.559 0.797
202103 0.600 110.298 0.703
202106 0.643 111.720 0.743
202109 0.662 112.905 0.757
202112 0.666 113.774 0.756
202203 0.678 117.646 0.744
202206 0.688 120.806 0.736
202209 0.678 120.648 0.726
202212 0.734 120.964 0.784
202303 0.651 122.702 0.685
202306 0.639 124.203 0.665
202309 0.658 125.230 0.679
202312 0.648 125.072 0.669
202403 0.648 126.258 0.663
202406 0.652 127.522 0.660
202409 0.634 127.285 0.643
202412 0.673 127.364 0.683
202503 0.682 129.181 0.682

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


Vitreous Glass  (TSXV:VCI) 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.

Vitreous Glass's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.00/0.80
=7.50

* 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 Vitreous Glass was 7.56. The lowest was 2.84. And the median was 4.45.


Be Aware

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


Vitreous Glass Cyclically Adjusted Book per Share Related Terms

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


Vitreous Glass Business Description

Industry
Traded in Other Exchanges
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.
Executives
Darcy Forbes Senior Officer
Timothy Howard Rendell Senior Officer
John Patrick Cashion 10% Security Holder, Director, Senior Officer
Meredith Ann Cashion Director

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