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AI/ML Innovations (FRA:42FB) Cyclically Adjusted Book per Share : €-0.11 (As of Jan. 2024)


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What is AI/ML Innovations 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.

AI/ML Innovations's adjusted book value per share for the three months ended in Jan. 2024 was €0.007. 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 €-0.11 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.90% 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 AI/ML Innovations was 25.80% per year. The lowest was -45.20% per year. And the median was -16.25% per year.

As of today (2024-05-16), AI/ML Innovations's current stock price is €0.038. AI/ML Innovations's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €-0.11. AI/ML Innovations's Cyclically Adjusted PB Ratio of today is .


AI/ML Innovations Cyclically Adjusted Book per Share Historical Data

The historical data trend for AI/ML Innovations'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.

AI/ML Innovations Cyclically Adjusted Book per Share Chart

AI/ML Innovations Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.06 -0.08 -0.12

AI/ML Innovations Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 -0.08 -0.11 -0.11 -0.12 -0.11

Competitive Comparison of AI/ML Innovations's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, AI/ML Innovations'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.


AI/ML Innovations's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AI/ML Innovations's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AI/ML Innovations's Cyclically Adjusted PB Ratio falls into.



AI/ML Innovations 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, AI/ML Innovations's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.007/125.4675*125.4675
=0.007

Current CPI (Jan. 2024) = 125.4675.

AI/ML Innovations Quarterly Data

Book Value per Share CPI Adj_Book
201401 -0.042 97.261 -0.054
201404 -0.054 98.920 -0.068
201407 -0.065 99.315 -0.082
201410 -0.078 99.473 -0.098
201501 -0.086 98.209 -0.110
201504 -0.120 99.710 -0.151
201507 -0.116 100.579 -0.145
201510 -0.117 100.500 -0.146
201601 -0.113 100.184 -0.142
201604 -0.147 101.370 -0.182
201607 -0.129 101.844 -0.159
201610 -0.128 102.002 -0.157
201701 -0.140 102.318 -0.172
201704 -0.141 103.029 -0.172
201707 -0.134 103.029 -0.163
201710 -0.136 103.424 -0.165
201801 -0.139 104.056 -0.168
201804 -0.140 105.320 -0.167
201807 -0.141 106.110 -0.167
201810 -0.152 105.952 -0.180
201901 -0.153 105.557 -0.182
201904 -0.159 107.453 -0.186
201907 -0.166 108.243 -0.192
201910 -0.170 107.927 -0.198
202001 -0.174 108.085 -0.202
202004 -0.107 107.216 -0.125
202007 -0.107 108.401 -0.124
202010 -0.099 108.638 -0.114
202101 0.034 109.192 0.039
202104 0.053 110.851 0.060
202107 0.042 112.431 0.047
202110 0.036 113.695 0.040
202201 0.023 114.801 0.025
202204 0.023 118.357 0.024
202207 0.013 120.964 0.013
202210 0.007 121.517 0.007
202301 0.006 121.596 0.006
202307 0.010 124.914 0.010
202310 0.005 125.310 0.005
202401 0.007 125.468 0.007

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


AI/ML Innovations  (FRA:42FB) 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.


AI/ML Innovations Cyclically Adjusted Book per Share Related Terms

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


AI/ML Innovations (FRA:42FB) Business Description

Traded in Other Exchanges
Address
645 Fort Street, Suite 203, Victoria, BC, CAN, V8W 1G2
AI/ML Innovations Inc has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence and machine learning, with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. The company has strategic partnerships with Health Gauge, Tech2Health and other planned accretive investments.

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