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Emergent Capital (Emergent Capital) Cyclically Adjusted Book per Share : $0.00 (As of Aug. 2020)


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What is Emergent Capital 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.

Emergent Capital's adjusted book value per share for the three months ended in Aug. 2020 was $0.367. 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 Aug. 2020.

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 (2024-04-27), Emergent Capital's current stock price is $0.22005. Emergent Capital's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2020 was $0.00. Emergent Capital's Cyclically Adjusted PB Ratio of today is .


Emergent Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Emergent Capital'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.

Emergent Capital Cyclically Adjusted Book per Share Chart

Emergent Capital Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Nov19
Cyclically Adjusted Book per Share
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Emergent Capital Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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Competitive Comparison of Emergent Capital's Cyclically Adjusted Book per Share

For the Insurance - Life subindustry, Emergent Capital'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.


Emergent Capital's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Emergent Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Emergent Capital 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, Emergent Capital's adjusted Book Value per Share data for the three months ended in Aug. 2020 was:

Adj_Book= Book Value per Share /CPI of Aug. 2020 (Change)*Current CPI (Aug. 2020)
=0.367/109.6622*109.6622
=0.367

Current CPI (Aug. 2020) = 109.6622.

Emergent Capital Quarterly Data

Book Value per Share CPI Adj_Book
201009 1.884 92.162 2.242
201012 -0.796 92.474 -0.944
201103 9.697 94.283 11.279
201106 10.310 95.235 11.872
201109 9.741 95.727 11.159
201112 7.958 95.213 9.166
201203 7.548 96.783 8.552
201206 7.522 96.819 8.520
201209 6.062 97.633 6.809
201212 5.896 96.871 6.675
201303 5.704 98.209 6.369
201306 7.954 98.518 8.854
201309 8.247 98.790 9.155
201312 8.992 98.326 10.029
201403 9.116 99.695 10.027
201406 9.707 100.560 10.586
201409 9.508 100.428 10.382
201412 9.922 99.070 10.983
201503 9.732 99.621 10.713
201506 8.898 100.684 9.691
201509 8.404 100.392 9.180
201512 7.833 99.792 8.608
201603 7.736 100.470 8.444
201606 7.308 101.688 7.881
201609 6.947 101.861 7.479
201612 6.084 101.863 6.550
201703 6.148 102.862 6.554
201706 5.922 103.349 6.284
201709 1.279 104.136 1.347
201712 1.245 104.011 1.313
201803 1.220 105.290 1.271
201806 1.157 106.317 1.193
201809 1.249 106.507 1.286
201902 -0.064 106.649 -0.066
201905 -0.227 108.048 -0.230
201908 0.281 108.245 0.285
201911 0.267 108.519 0.270
202002 0.344 109.139 0.346
202005 0.374 108.175 0.379
202008 0.367 109.662 0.367

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


Emergent Capital  (OTCPK:EMGCQ) 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.


Emergent Capital Cyclically Adjusted Book per Share Related Terms

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


Emergent Capital (Emergent Capital) Business Description

Traded in Other Exchanges
N/A
Address
5355 Town Center Road, Suite 701, Boca Raton, FL, USA, 33486
Emergent Capital Inc operates as a life insurance company. The firm invests primarily in life settlements, which provide liquidity for the owners of life insurance policies that face a short-term cash need or can no longer afford their insurance premiums. It also focuses on providing portfolio management services. The company receives maximum revenue in the form of interest income. Geographically, the company operates only in the United States of America market region.
Executives
Patrick J Curry director, 10 percent owner, officer: CEO 5601 WEST WACO DRIVE WACO TX 76710
Pjc Investments, Llc director, 10 percent owner 204 WOODHEW DRIVE WACO TX 76712
Robert C Knapp director C/O IRONSIDES PARTNERS LLC, 100 SUMMER STREET, SUITE 2705, BOSTON MA 02110
Miriam Martinez officer: CFO and Secretary C/O IMPERIAL HOLDINGS, INC. 701 PARK OF COMMERCE BLVD., SUITE 301 BOCA RATON FL 33487
Jack Simony officer: VP and CIO C/O EMERGENT CAPITAL, INC. 5355 TOWN CENTER ROAD, SUITE 701 BOCA RATON FL 33486
Harvey Z. Werblowsky officer: VP, CLO and GC C/O EMERGENT CAPITAL, INC. 5355 TOWN CENTER ROAD, SUITE 701 BOCA RATON FL 33486
Matthew D Houk director 470 PARK AVENUE SOUTH 4TH FLOOR NEW YORK NY 10016
Roy Patterson director 17002 MARCY STREET OMAHA NE 68118
James G. Wolf director 105, FLYWAY DRIVE, KIAWAH ISLAND SC 29455
Patrick Thomas Brennan director 1 SEA BREEZE COURT NAPA CA 94559
Joseph E Sarachek director, 10 percent owner C/O TRIAX CAPITAL ADVISORS, LLC 620 FIFTH AVENUE, 2ND FLOOR NEW YORK NY 10020
Topco 1, Llc director, 10 percent owner C/O KELLEY DRYE & WARREN LLP 101 PARK AVENUE NEW YORK NY 10178
Jsarco, Llc director, 10 percent owner C/O KELLEY DRYE & WARREN LLP 101 PARK AVENUE NEW YORK NY 10178
Antony Mitchell other: Former CEO and Director 701 PARK OF COMMERCE BOULEVARD SUITE 301 BOCA RATON FL 33487
James Hua director 40 LAKE BELLEVUE DRIVE BELLEVUE WA 98108

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