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Wavefront Technology Solutions (TSXV:WEE.H) Cyclically Adjusted Book per Share : C$0.00 (As of May. 2022)


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What is Wavefront Technology Solutions 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.

Wavefront Technology Solutions's adjusted book value per share for the three months ended in May. 2022 was C$0.008. 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 C$0.00 for the trailing ten years ended in May. 2022.

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 (2024-04-29), Wavefront Technology Solutions's current stock price is C$0.02. Wavefront Technology Solutions's Cyclically Adjusted Book per Share for the quarter that ended in May. 2022 was C$0.00. Wavefront Technology Solutions's Cyclically Adjusted PB Ratio of today is .


Wavefront Technology Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Cyclically Adjusted Book per Share Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Cyclically Adjusted Book per Share
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Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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Competitive Comparison of Wavefront Technology Solutions's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.


Wavefront Technology Solutions's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wavefront Technology Solutions 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, Wavefront Technology Solutions's adjusted Book Value per Share data for the three months ended in May. 2022 was:

Adj_Book= Book Value per Share /CPI of May. 2022 (Change)*Current CPI (May. 2022)
=0.008/120.0158*120.0158
=0.008

Current CPI (May. 2022) = 120.0158.

Wavefront Technology Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201208 0.335 96.234 0.418
201211 0.323 96.313 0.402
201302 0.307 96.945 0.380
201305 0.296 97.182 0.366
201308 0.280 97.261 0.346
201311 0.271 97.182 0.335
201402 0.259 98.051 0.317
201405 0.232 99.394 0.280
201408 0.220 99.315 0.266
201411 0.189 99.078 0.229
201502 0.142 99.078 0.172
201505 0.133 100.263 0.159
201508 0.123 100.579 0.147
201511 0.115 100.421 0.137
201602 0.106 100.421 0.127
201605 0.097 101.765 0.114
201608 0.091 101.686 0.107
201611 0.082 101.607 0.097
201702 0.072 102.476 0.084
201705 0.062 103.108 0.072
201708 0.050 103.108 0.058
201711 0.040 103.740 0.046
201802 0.034 104.688 0.039
201805 0.036 105.399 0.041
201808 0.042 106.031 0.048
201811 0.042 105.478 0.048
201902 0.040 106.268 0.045
201905 0.039 107.927 0.043
201908 0.038 108.085 0.042
201911 0.035 107.769 0.039
202002 0.030 108.559 0.033
202005 0.030 107.532 0.033
202008 0.030 108.243 0.033
202011 0.026 108.796 0.029
202102 0.022 109.745 0.024
202105 0.018 111.404 0.019
202108 0.015 112.668 0.016
202111 0.017 113.932 0.018
202202 0.013 115.986 0.013
202205 0.008 120.016 0.008

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


Wavefront Technology Solutions  (TSXV:WEE.H) 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.


Wavefront Technology Solutions Cyclically Adjusted Book per Share Related Terms

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


Wavefront Technology Solutions (TSXV:WEE.H) Business Description

Traded in Other Exchanges
N/A
Address
70 Street North West, Suite 5621, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology company providing solutions to oil and gas exploration and production companies to maximize oil and gas production. It has two processes namely the Powerwave process which is an injection technology that improves the flow of fluids in geological materials including sedimentary soils and fractured rock, and Primawave process which is an effective method for aiding in-situ (in-ground) environmental groundwater remediation clean-up strategies in contaminated sites. Geographically it earns key revenue from the Middle East.

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