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VCIGF (Vitreous Glass) Cyclically Adjusted Book per Share : $0.53 (As of Dec. 2024)


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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 Dec. 2024 was $0.473. 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 $0.53 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Vitreous Glass's average Cyclically Adjusted Book Growth Rate was -3.70% 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 (2025-05-18), Vitreous Glass's current stock price is $3.60. Vitreous Glass's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.53. Vitreous Glass's Cyclically Adjusted PB Ratio of today is 6.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vitreous Glass was 7.66. 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 0.62 0.69 0.60 0.41 0.58

Vitreous Glass Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.59 0.63 0.50 0.58 0.53

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 Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.473/127.3637*127.3637
=0.473

Current CPI (Dec. 2024) = 127.3637.

Vitreous Glass Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.658 99.789 0.840
201506 0.680 100.500 0.862
201509 0.618 100.421 0.784
201512 0.486 99.947 0.619
201603 0.572 101.054 0.721
201606 0.604 102.002 0.754
201609 0.559 101.765 0.700
201612 0.546 101.449 0.685
201703 0.536 102.634 0.665
201706 0.508 103.029 0.628
201709 0.569 103.345 0.701
201712 0.557 103.345 0.686
201803 0.519 105.004 0.630
201806 0.504 105.557 0.608
201809 0.534 105.636 0.644
201812 0.512 105.399 0.619
201903 0.479 106.979 0.570
201906 0.434 107.690 0.513
201909 0.457 107.611 0.541
201912 0.513 107.769 0.606
202003 0.471 107.927 0.556
202006 0.512 108.401 0.602
202009 0.510 108.164 0.601
202012 0.523 108.559 0.614
202103 0.477 110.298 0.551
202106 0.526 111.720 0.600
202109 0.522 112.905 0.589
202112 0.520 113.774 0.582
202203 0.535 117.646 0.579
202206 0.537 120.806 0.566
202209 0.508 120.648 0.536
202212 0.540 120.964 0.569
202303 0.476 122.702 0.494
202306 0.481 124.203 0.493
202309 0.487 125.230 0.495
202312 0.483 125.072 0.492
202403 0.479 126.258 0.483
202406 0.475 127.522 0.474
202409 0.468 127.285 0.468
202412 0.473 127.364 0.473

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


Vitreous Glass  (OTCPK:VCIGF) 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
=3.60/0.53
=6.79

* 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 7.66. 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.

Vitreous Glass Headlines

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