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Zedge (ZDGE) Cyclically Adjusted Book per Share : $1.79 (As of Jan. 2025)


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What is Zedge 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.

Zedge's adjusted book value per share for the three months ended in Jan. 2025 was $2.019. 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 $1.79 for the trailing ten years ended in Jan. 2025.

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 (2025-04-14), Zedge's current stock price is $1.925. Zedge's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $1.79. Zedge's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Zedge was 2.23. The lowest was 1.07. And the median was 1.62.


Zedge Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zedge'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.

Zedge Cyclically Adjusted Book per Share Chart

Zedge Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.75

Zedge Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - 1.71 1.75 1.77 1.79

Competitive Comparison of Zedge's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Zedge'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.


Zedge's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zedge's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Zedge 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, Zedge's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=2.019/134.0288*134.0288
=2.019

Current CPI (Jan. 2025) = 134.0288.

Zedge Quarterly Data

Book Value per Share CPI Adj_Book
201504 0.000 99.824 0.000
201507 0.720 100.691 0.958
201510 0.746 100.346 0.996
201601 1.003 99.957 1.345
201604 1.095 100.947 1.454
201607 1.134 101.524 1.497
201610 1.164 101.988 1.530
201701 1.115 102.456 1.459
201704 1.085 103.167 1.410
201707 1.101 103.278 1.429
201710 1.001 104.070 1.289
201801 1.028 104.578 1.318
201804 0.990 105.708 1.255
201807 0.971 106.324 1.224
201810 0.898 106.695 1.128
201901 0.892 106.200 1.126
201904 0.780 107.818 0.970
201907 0.671 108.250 0.831
201910 0.588 108.577 0.726
202001 0.636 108.841 0.783
202004 0.650 108.173 0.805
202007 0.724 109.318 0.888
202010 0.812 109.861 0.991
202101 1.342 110.364 1.630
202104 1.953 112.673 2.323
202107 2.304 115.183 2.681
202110 2.463 116.696 2.829
202201 2.642 118.619 2.985
202204 2.604 121.978 2.861
202207 3.068 125.002 3.290
202210 3.079 125.734 3.282
202301 3.128 126.223 3.321
202304 2.640 127.992 2.765
202307 2.713 128.974 2.819
202310 2.715 129.810 2.803
202401 2.124 130.124 2.188
202404 2.132 132.289 2.160
202407 2.155 132.708 2.176
202410 2.128 133.182 2.142
202501 2.019 134.029 2.019

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


Zedge  (AMEX:ZDGE) 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.

Zedge's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.925/1.79
=1.08

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Zedge was 2.23. The lowest was 1.07. And the median was 1.62.


Be Aware

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


Zedge Cyclically Adjusted Book per Share Related Terms

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


Zedge Business Description

Traded in Other Exchanges
Address
1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001
Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds as well as paint, a generative AI wallpaper maker, GuruShots, a skill-based photo challenge game, and Emojipedia. The company also launched a Zedge app. It has two reportable segments, which are the Zedge Marketplace and GuruShots.
Executives
Gregory Suess director 9701 WILSHIRE BLVD, 8TH FLOOR, BEVERLY HILLS CA 90212
Elliot Gibber director C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Jonathan Reich officer: CFO & COO C/O NET2PHONE INC, 520 BROAD ST, NEWARK NJ 07102
Mark Ghermezian director C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Michael C Jonas director C/O GENIE ENERGY LTD., 550 BROAD STREET, NEWARK NJ 07102
Yi Tsai officer: CFO & Treasurer 51 CROSS HWY, WESTPORT CT 06880
Paul Packer director C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Howard S Jonas director
Stephen M Greenberg director C/O NET2PHONE INC, 520 BROAD ST, NEWARK NJ 07102
Todd E Feldman director C/O ZEDGE, INC., 22 COURTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Marie Therese Carney director C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Tom Arnoy officer: Chief Executive Officer C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Idt Corp 10 percent owner 520 BROAD STREET, NEWARK NJ 07102