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Alternet Systems (Alternet Systems) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2018)


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What is Alternet Systems 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.

Alternet Systems's adjusted book value per share for the three months ended in Jun. 2018 was $-0.033. 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 $0.00 for the trailing ten years ended in Jun. 2018.

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 (2024-04-28), Alternet Systems's current stock price is $0.0005. Alternet Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2018 was $0.00. Alternet Systems's Cyclically Adjusted PB Ratio of today is .


Alternet Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alternet Systems'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.

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Alternet Systems Cyclically Adjusted Book per Share Chart

Alternet Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Book per Share
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Alternet Systems Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17 Mar18 Jun18
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Competitive Comparison of Alternet Systems's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Alternet Systems'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.


Alternet Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Alternet Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alternet Systems 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, Alternet Systems's adjusted Book Value per Share data for the three months ended in Jun. 2018 was:

Adj_Book= Book Value per Share /CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=-0.033/106.3168*106.3168
=-0.033

Current CPI (Jun. 2018) = 106.3168.

Alternet Systems Quarterly Data

Book Value per Share CPI Adj_Book
200712 -0.018 88.616 -0.022
200803 -0.031 90.090 -0.037
200806 -0.033 92.320 -0.038
200809 -0.040 92.307 -0.046
200812 -0.050 88.697 -0.060
200903 -0.057 89.744 -0.068
200906 -0.075 91.003 -0.088
200909 -0.065 91.120 -0.076
200912 -0.064 91.111 -0.075
201003 -0.069 91.821 -0.080
201006 -0.023 91.962 -0.027
201009 -0.021 92.162 -0.024
201012 -0.024 92.474 -0.028
201103 -0.028 94.283 -0.032
201106 -0.008 95.235 -0.009
201109 -0.002 95.727 -0.002
201112 0.004 95.213 0.004
201203 0.003 96.783 0.003
201206 0.001 96.819 0.001
201209 -0.002 97.633 -0.002
201212 -0.011 96.871 -0.012
201303 -0.014 98.209 -0.015
201306 -0.027 98.518 -0.029
201309 -0.035 98.790 -0.038
201312 -0.040 98.326 -0.043
201403 -0.031 99.695 -0.033
201406 -0.032 100.560 -0.034
201409 -0.037 100.428 -0.039
201412 -0.035 99.070 -0.038
201503 -0.032 99.621 -0.034
201506 -0.031 100.684 -0.033
201509 -0.032 100.392 -0.034
201512 -0.024 99.792 -0.026
201603 -0.024 100.470 -0.025
201606 -0.026 101.688 -0.027
201609 -0.027 101.861 -0.028
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201803 -0.032 105.290 -0.032
201806 -0.033 106.317 -0.033

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


Alternet Systems  (OTCPK:ALYI) 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.


Alternet Systems Cyclically Adjusted Book per Share Related Terms

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


Alternet Systems (Alternet Systems) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5057 Keller Springs Road, Suite 600, Addison, TX, USA, 75001
Alternet Systems Inc is engaged in digital payments and data analytics, micro-segmentation, and marketing intelligence. The company's target markets include the mass consumer goods, payments, financial services, and telecommunications sectors.