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BK Technologies (BK Technologies) Cyclically Adjusted Book per Share : $12.42 (As of Dec. 2023)


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What is BK 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.

BK Technologies's adjusted book value per share for the three months ended in Dec. 2023 was $5.958. 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 $12.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BK Technologies's average Cyclically Adjusted Book Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 BK Technologies was 8.20% per year. The lowest was -21.30% per year. And the median was -3.70% per year.

As of today (2024-04-27), BK Technologies's current stock price is $14.1473. BK Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.42. BK Technologies's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BK Technologies was 2.84. The lowest was 0.59. And the median was 1.50.


BK Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for BK 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.

BK Technologies Cyclically Adjusted Book per Share Chart

BK Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.44 12.22 12.80 12.94 12.42

BK Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.94 12.93 12.83 12.70 12.42

Competitive Comparison of BK Technologies's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, BK 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.


BK Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



BK 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, BK Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.958/129.4194*129.4194
=5.958

Current CPI (Dec. 2023) = 129.4194.

BK Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.735 99.695 15.234
201406 11.982 100.560 15.421
201409 12.222 100.428 15.750
201412 12.160 99.070 15.885
201503 12.351 99.621 16.045
201506 12.371 100.684 15.902
201509 12.710 100.392 16.385
201512 12.680 99.792 16.445
201603 12.978 100.470 16.717
201606 13.328 101.688 16.963
201609 13.447 101.861 17.085
201612 13.004 101.863 16.522
201703 12.789 102.862 16.091
201706 13.281 103.349 16.631
201709 13.341 104.136 16.580
201712 11.722 104.011 14.586
201803 11.192 105.290 13.757
201806 11.627 106.317 14.154
201809 11.716 106.507 14.236
201812 10.810 105.998 13.199
201903 10.155 107.251 12.254
201906 9.912 108.070 11.870
201909 9.871 108.329 11.793
201912 9.239 108.420 11.028
202003 8.660 108.902 10.292
202006 8.468 108.767 10.076
202009 8.650 109.815 10.194
202012 9.442 109.897 11.119
202103 8.660 111.754 10.029
202106 10.434 114.631 11.780
202109 9.886 115.734 11.055
202112 9.680 117.630 10.650
202203 8.550 121.301 9.122
202206 7.007 125.017 7.254
202209 6.180 125.227 6.387
202212 5.928 125.222 6.127
202303 5.591 127.348 5.682
202306 5.236 128.729 5.264
202309 5.422 129.860 5.404
202312 5.958 129.419 5.958

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


BK Technologies  (AMEX:BKTI) 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.

BK Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.1473/12.42
=1.14

* 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 BK Technologies was 2.84. The lowest was 0.59. And the median was 1.50.


Be Aware

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


BK Technologies Cyclically Adjusted Book per Share Related Terms

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


BK Technologies (BK Technologies) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7100 Technology Drive, West Melbourne, FL, USA, 32904
BK Technologies Corp designs, manufactures, markets wireless communication products. The company has divided its products into business and industrial analog, portables, mobiles, base stations, and repeaters. Its product portfolio consists of two-way land mobile radios, handheld radios, radios installed in vehicles. Its products are sold in the government and public safety market and business and industrial market.
Executives
Scott A. Malmanger officer: CFO and Secretary 13506 SUMMERPORT PKWY #160, WINDERMERE FL 34786
E. Gray Payne director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
John M Suzuki director, officer: CEO 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Fundamental Global Gp, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Robert Joseph Jackson director 743 JETTON STREET, DAVIDSON NC 28036
Bk Technologies Holdings, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Lloyd Roberts Sams director 10849 FLOWERSTONE STREET, OAKTON VA 22124
Michael C Mitchell director C/O BALLANTYNE STRONG, INC., 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Fundamental Global Investors, Llc 10 percent owner 136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Joseph H Moglia 10 percent owner AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Lewis M Johnson 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Kyle Cerminara director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Branko Avanic officer: Chief Technology Officer C/O BK TECHNOLOGIES CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Randy Willis officer: Chief Operating Officer C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
James R. Holthaus officer: Chief Technology Officer C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904

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