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Table Trac (Table Trac) Cyclically Adjusted Book per Share : $1.18 (As of Dec. 2023)


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What is Table Trac 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.

Table Trac's adjusted book value per share for the three months ended in Dec. 2023 was $2.136. 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 $1.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Table Trac's average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Table Trac was 23.60% per year. The lowest was 5.40% per year. And the median was 13.30% per year.

As of today (2024-04-27), Table Trac's current stock price is $4.70. Table Trac's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.18. Table Trac's Cyclically Adjusted PB Ratio of today is 3.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Table Trac was 5.64. The lowest was 1.35. And the median was 3.47.


Table Trac Cyclically Adjusted Book per Share Historical Data

The historical data trend for Table Trac'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.

Table Trac Cyclically Adjusted Book per Share Chart

Table Trac 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 0.70 0.75 0.87 1.03 1.18

Table Trac 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 1.03 1.07 1.12 1.16 1.18

Competitive Comparison of Table Trac's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, Table Trac'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.


Table Trac's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Table Trac's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Table Trac 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, Table Trac'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)
=2.136/129.4194*129.4194
=2.136

Current CPI (Dec. 2023) = 129.4194.

Table Trac Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.688 99.695 0.893
201406 0.698 100.560 0.898
201409 0.709 100.428 0.914
201412 0.680 99.070 0.888
201503 0.695 99.621 0.903
201506 0.651 100.684 0.837
201509 0.610 100.392 0.786
201512 0.583 99.792 0.756
201603 0.552 100.470 0.711
201606 0.599 101.688 0.762
201609 0.581 101.861 0.738
201612 0.613 101.863 0.779
201703 0.585 102.862 0.736
201706 0.622 103.349 0.779
201709 0.682 104.136 0.848
201712 0.742 104.011 0.923
201803 0.681 105.290 0.837
201806 0.773 106.317 0.941
201809 0.877 106.507 1.066
201812 0.839 105.998 1.024
201903 0.843 107.251 1.017
201906 0.905 108.070 1.084
201909 1.019 108.329 1.217
201912 0.967 108.420 1.154
202003 1.026 108.902 1.219
202006 1.035 108.767 1.232
202009 1.054 109.815 1.242
202012 1.041 109.897 1.226
202103 1.181 111.754 1.368
202106 1.221 114.631 1.379
202109 1.267 115.734 1.417
202112 1.443 117.630 1.588
202203 1.688 121.301 1.801
202206 1.643 125.017 1.701
202209 1.712 125.227 1.769
202212 1.791 125.222 1.851
202303 1.869 127.348 1.899
202306 1.984 128.729 1.995
202309 2.017 129.860 2.010
202312 2.136 129.419 2.136

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


Table Trac  (OTCPK:TBTC) 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.

Table Trac's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.70/1.18
=3.98

* 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 Table Trac was 5.64. The lowest was 1.35. And the median was 3.47.


Be Aware

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


Table Trac Cyclically Adjusted Book per Share Related Terms

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


Table Trac (Table Trac) Business Description

Traded in Other Exchanges
N/A
Address
6101 Baker Road, Suite 206, Minnetonka, MN, USA, 55345
Table Trac Inc develops patented proprietary information and management systems that automate and monitor the operations of casino table game operations. It also provides technical support to the casinos. The company mainly operates in the United States, Australia, Japan, the Caribbean and countries in both Central and South America. It derives the majority of its revenues from system sales. The Company sells and leases systems and technical support to casinos. It has casino management systems, table games management systems, DataTrac, KioskTrac and ancillary products installed with on-going support and maintenance contracts.
Executives
William Martinez director 6101 BAKER RD, #206, MINNETONKA MN 55345
Thomas J Mertens director 6101 BAKER RD., #206, MINNETONKA MN 55345
Louis C Fornetti director 6101 BAKER ROAD, SUITE 206, MINNETONKA MN 55345
Randy Gilbert officer: Chief Financial Officer 2415 ANNAPOLIS LANE, SUITE 100, PLYMOUTH MN 55441
Gary L Loebig director 206 WILD BASIN ROAD, BLDG B 4TH FLOOR, AUSTIN TX 78746
Brian Hinchley officer: Chief Financial Officer 6101 BAKER ROAD, SUITE 206, MINNETONKA MN 55345
Chad B Hoehne director, officer: President and CEO 15612 HIGHWAY 7, SUITE 331, MINNETONKA MN 55345
Steven A Browne director 1960 NEWMAN, CARSON CITY NV 89703
Michael I Connolly director 7800 BELFORT PARKWAY, SUITE 165, JACKSONVILLE FL 32256
Robert Siqveland director, officer: Exec. Asst and Secretary 15612 HIGHWAY 7, SUITE 331, MINNETONKA MN 55345
Glenn Joseph Goulet director 10708 BULL RIDGE DRIVE, AUSTIN TX 78759
Scott E Smith director 10513 RIGBY DRIVE, EDEN PRAIRIE MN 55447

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