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LogicMark (LogicMark) Cyclically Adjusted Book per Share : $81.70 (As of Dec. 2023)


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What is LogicMark 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.

LogicMark's adjusted book value per share for the three months ended in Dec. 2023 was $5.946. 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 $81.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, LogicMark's average Cyclically Adjusted Book Growth Rate was 18.50% 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.

As of today (2024-04-28), LogicMark's current stock price is $0.8117. LogicMark's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $81.70. LogicMark's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of LogicMark was 1.01. The lowest was 0.01. And the median was 0.06.


LogicMark Cyclically Adjusted Book per Share Historical Data

The historical data trend for LogicMark'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.

LogicMark Cyclically Adjusted Book per Share Chart

LogicMark 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 - - 65.08 68.97 81.70

LogicMark 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 68.97 71.70 73.85 76.32 81.70

Competitive Comparison of LogicMark's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, LogicMark'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.


LogicMark's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



LogicMark 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, LogicMark'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)
=5.946/129.4194*129.4194
=5.946

Current CPI (Dec. 2023) = 129.4194.

LogicMark Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.818 99.695 32.218
201406 46.685 100.560 60.083
201409 375.446 100.428 483.830
201412 220.921 99.070 288.599
201503 95.211 99.621 123.690
201506 66.770 100.684 85.826
201509 46.653 100.392 60.143
201512 39.685 99.792 51.467
201603 23.566 100.470 30.356
201606 -19.907 101.688 -25.336
201609 -39.258 101.861 -49.879
201612 -39.404 101.863 -50.064
201703 -1.935 102.862 -2.435
201706 76.302 103.349 95.550
201709 85.078 104.136 105.735
201712 162.229 104.011 201.859
201803 134.574 105.290 165.415
201806 147.797 106.317 179.913
201809 142.170 106.507 172.755
201812 116.831 105.998 142.646
201903 111.640 107.251 134.716
201906 92.561 108.070 110.847
201909 41.219 108.329 49.244
201912 44.695 108.420 53.352
202003 48.041 108.902 57.092
202006 43.888 108.767 52.221
202009 42.571 109.815 50.171
202012 45.101 109.897 53.113
202103 69.369 111.754 80.334
202106 65.126 114.631 73.528
202109 72.248 115.734 80.791
202112 56.901 117.630 62.604
202203 52.803 121.301 56.337
202206 50.457 125.017 52.234
202209 46.873 125.227 48.442
202212 42.585 125.222 44.013
202303 19.369 127.348 19.684
202306 16.461 128.729 16.549
202309 14.594 129.860 14.545
202312 5.946 129.419 5.946

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


LogicMark  (NAS:LGMK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.8117/81.7
=0.01

* 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 12 years, the highest Cyclically Adjusted PB Ratio of LogicMark was 1.01. The lowest was 0.01. And the median was 0.06.


Be Aware

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


LogicMark Cyclically Adjusted Book per Share Related Terms

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


LogicMark (LogicMark) Business Description

Traded in Other Exchanges
N/A
Address
2801 Diode Lane, Louisville, KY, USA, 40299
LogicMark Inc provides personal emergency response systems (PERS), health communications devices, and IoT technologies to create a connected care platform. Its devices give people the ability to receive care at home and confidence to age in place. The company incorporates two-way voice communication technology directly into its medical alert pendant and provides this life-saving technology at a price point that everyday consumers can afford.
Executives
Carine Schneider director C/O LOGICMARK INC., 2801 DIODE LANE, LOUISVILLE KY 40299
Robert Arthur Curtis director C/O TECHNEST HOLDINGS, INC., 10411 MOTOR CITY DR. #650, BETHESDA MD 20817
Barbara Gutierrez director 8950 E. LOWRY BLVD., DENVER CO 80230
John P Pettitt director 3031 TISCH WAY, STE 900, SAN JOSE CA 95128
Sherice Torres director PO BOX 20833, SAN JOSE CA 95160
Mark Archer officer: Chief Financial Officer C/O NXT-ID, INC., 2801 DIODE LANE, LOUISVILLE KY 40299
Chia-lin Simmons director, officer: Chief Executive Officer 288 CHRISTIAN STREET, HANGAR C 2ND FLOOR, OXFORD CT 06478
Michael Joseph Orlando director, officer: Chief Operating Officer 1806 145TH PL SE, MILL CREEK WA 98012
C. David Tunnell director, 10 percent owner, officer: Chief Technology Officer 1721 WINDING RIDGE CIRCLE SE, PALM BAY FL 32909
Worldventures Holdings, Llc 10 percent owner 5100 TENNYSON PARKWAY, PLANO TX 75024
Wayne Tilman Nugent 10 percent owner 5100 TENNYSON PARKWAY, PLANO TX 75024
Stanley Eric Washington director 3745 OLYMPIAD DRIVE, LOS ANGELES CA 90043
Vincent S Miceli officer: Vice President and CFO 87 GRANDVIEW AVENUE, WATERBURY CT 06708
Daniel P Sharkey director
Michael D'almada-remedios director 5610 TROON COURT, DISCOVERY BAY CA 94505-9299