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Binovi Technologies (TSXV:VISN.H) Cyclically Adjusted Book per Share : C$0.00 (As of Feb. 2022)


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What is Binovi 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.

Binovi Technologies's adjusted book value per share for the three months ended in Feb. 2022 was C$-0.087. 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$0.00 for the trailing ten years ended in Feb. 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 (2024-06-09), Binovi Technologies's current stock price is C$0.085. Binovi Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2022 was C$0.00. Binovi Technologies's Cyclically Adjusted PB Ratio of today is .


Binovi Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Binovi 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.

Binovi Technologies Cyclically Adjusted Book per Share Chart

Binovi Technologies Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Cyclically Adjusted Book per Share
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Binovi Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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Competitive Comparison of Binovi Technologies's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, Binovi 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.


Binovi Technologies's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Binovi Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Binovi 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, Binovi Technologies's adjusted Book Value per Share data for the three months ended in Feb. 2022 was:

Adj_Book= Book Value per Share /CPI of Feb. 2022 (Change)*Current CPI (Feb. 2022)
=-0.087/115.9863*115.9863
=-0.087

Current CPI (Feb. 2022) = 115.9863.

Binovi Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201205 3.513 96.471 4.224
201208 4.179 96.234 5.037
201211 3.921 96.313 4.722
201302 3.927 96.945 4.698
201305 3.787 97.182 4.520
201308 2.896 97.261 3.454
201311 1.725 97.182 2.059
201402 -0.051 98.051 -0.060
201405 -0.463 99.394 -0.540
201408 -1.004 99.315 -1.173
201411 0.207 99.078 0.242
201502 -1.262 99.078 -1.477
201505 7.387 100.263 8.545
201508 8.872 100.579 10.231
201511 6.682 100.421 7.718
201602 4.569 100.421 5.277
201605 4.516 101.765 5.147
201608 3.452 101.686 3.937
201611 2.490 101.607 2.842
201702 3.150 102.476 3.565
201705 2.412 103.108 2.713
201708 1.788 103.108 2.011
201711 2.347 103.740 2.624
201802 1.414 104.688 1.567
201805 1.015 105.399 1.117
201808 0.955 106.031 1.045
201811 3.738 105.478 4.110
201902 3.069 106.268 3.350
201905 1.647 107.927 1.770
201908 1.166 108.085 1.251
201911 0.829 107.769 0.892
202002 0.333 108.559 0.356
202005 0.864 107.532 0.932
202008 1.111 108.243 1.190
202011 1.033 108.796 1.101
202102 0.759 109.745 0.802
202105 0.668 111.404 0.695
202108 0.585 112.668 0.602
202111 0.594 113.932 0.605
202202 -0.087 115.986 -0.087

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


Binovi Technologies  (TSXV:VISN.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.


Be Aware

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


Binovi Technologies Cyclically Adjusted Book per Share Related Terms

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


Binovi Technologies (TSXV:VISN.H) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Binovi Technologies Corp is engaged in the development and commercialization of visual and neuro-cognitive processing products and manufacturing hardware and software for diagnosing and remediating visual perception disorders. The company has three geographical segments; the United States, Canada, and Other. it derives a majority of its revenue from the United States.

Binovi Technologies (TSXV:VISN.H) Headlines

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