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Vecima Networks (Vecima Networks) Cyclically Adjusted Book per Share : $6.79 (As of Mar. 2024)


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What is Vecima Networks 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.

Vecima Networks's adjusted book value per share for the three months ended in Mar. 2024 was $6.893. 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 $6.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vecima Networks's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 Vecima Networks was 6.90% per year. The lowest was 3.70% per year. And the median was 5.20% per year.

As of today (2024-06-23), Vecima Networks's current stock price is $15.84. Vecima Networks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.79. Vecima Networks's Cyclically Adjusted PB Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vecima Networks was 2.63. The lowest was 1.06. And the median was 1.75.


Vecima Networks Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vecima Networks'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.

Vecima Networks Cyclically Adjusted Book per Share Chart

Vecima Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 5.50 6.46 7.07 6.95

Vecima Networks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.31 6.95 6.44 6.63 6.79

Competitive Comparison of Vecima Networks's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Vecima Networks'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.


Vecima Networks's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vecima Networks's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vecima Networks 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, Vecima Networks's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.893/126.2576*126.2576
=6.893

Current CPI (Mar. 2024) = 126.2576.

Vecima Networks Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.768 99.473 7.321
201409 5.795 99.394 7.361
201412 5.647 98.367 7.248
201503 5.254 99.789 6.648
201506 5.469 100.500 6.871
201509 5.264 100.421 6.618
201512 5.268 99.947 6.655
201603 5.627 101.054 7.030
201606 5.852 102.002 7.244
201609 5.854 101.765 7.263
201612 5.830 101.449 7.256
201703 6.125 102.634 7.535
201706 6.125 103.029 7.506
201709 6.880 103.345 8.405
201712 6.622 103.345 8.090
201803 6.541 105.004 7.865
201806 6.445 105.557 7.709
201809 6.393 105.636 7.641
201812 6.280 105.399 7.523
201903 6.199 106.979 7.316
201906 6.081 107.690 7.129
201909 6.030 107.611 7.075
201912 6.129 107.769 7.180
202003 5.841 107.927 6.833
202006 5.905 108.401 6.878
202009 5.967 108.164 6.965
202012 5.946 108.559 6.915
202103 6.089 110.298 6.970
202106 6.245 111.720 7.058
202109 5.994 112.905 6.703
202112 5.936 113.774 6.587
202203 6.040 117.646 6.482
202206 6.076 120.806 6.350
202209 6.177 120.648 6.464
202212 6.458 120.964 6.741
202303 6.509 122.702 6.698
202306 6.741 124.203 6.852
202309 6.671 125.230 6.726
202312 6.768 125.072 6.832
202403 6.893 126.258 6.893

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


Vecima Networks  (OTCPK:VNWTF) 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.

Vecima Networks's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.84/6.79
=2.33

* 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 Vecima Networks was 2.63. The lowest was 1.06. And the median was 1.75.


Be Aware

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


Vecima Networks Cyclically Adjusted Book per Share Related Terms

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


Vecima Networks (Vecima Networks) Business Description

Industry
Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.