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180 Degree Capital (180 Degree Capital) Cyclically Adjusted Book per Share : $9.84 (As of Dec. 2023)


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What is 180 Degree 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.

180 Degree Capital's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was $5.022. 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 $9.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, 180 Degree Capital's average Cyclically Adjusted Book Growth Rate was -6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.80% 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 180 Degree Capital was 6.60% per year. The lowest was -6.90% per year. And the median was -0.10% per year.

As of today (2024-04-28), 180 Degree Capital's current stock price is $ 3.9225. 180 Degree Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was $9.84. 180 Degree Capital's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of 180 Degree Capital was 0.76. The lowest was 0.25. And the median was 0.51.


180 Degree Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for 180 Degree 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.

180 Degree Capital Cyclically Adjusted Book per Share Chart

180 Degree Capital 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 11.34 10.73 10.81 10.54 9.84

180 Degree Capital Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 10.81 - 10.54 - 9.84

Competitive Comparison of 180 Degree Capital's Cyclically Adjusted Book per Share

For the Asset Management subindustry, 180 Degree 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.


180 Degree Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 180 Degree Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 180 Degree Capital's Cyclically Adjusted PB Ratio falls into.



180 Degree 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, 180 Degree Capital's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.022/129.4194*129.4194
=5.022

Current CPI (Dec. 2023) = 129.4194.

180 Degree Capital Annual Data

Book Value per Share CPI Adj_Book
201412 10.516 99.070 13.738
201512 8.628 99.792 11.190
201612 7.014 101.863 8.911
201712 7.812 104.011 9.720
201812 7.908 105.998 9.655
201912 9.178 108.420 10.956
202012 9.285 109.897 10.934
202112 10.659 117.630 11.727
202212 6.318 125.222 6.530
202312 5.022 129.419 5.022

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


180 Degree Capital  (NAS:TURN) 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.

180 Degree Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.9225/9.84
=0.40

* 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 180 Degree Capital was 0.76. The lowest was 0.25. And the median was 0.51.


Be Aware

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


180 Degree Capital Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of 180 Degree Capital's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


180 Degree Capital (180 Degree Capital) Business Description

Traded in Other Exchanges
N/A
Address
7 N. Willow Street, Suite 4B, Montclair, NJ, USA, 07042
180 Degree Capital Corp is active in the financial services domain. It is a non-diversified closed-end management investment company whose objective is to achieve long-term capital appreciation by making venture capital investments. It focuses its investments on companies commercializing and integrating products enabled by disruptive technologies mainly in the life sciences, precision medicine, and health industries.
Executives
Kevin Rendino director 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536
Daniel B Wolfe officer: Vice President HARRIS & HARRIS GROUP, 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
Bigelow Robert E Iii officer: VP, Head of Fund Development 7 NORTH WILLOW STREET SUITE 4B, MONTCLAIR NJ 07042
Alicia M Gift officer: Treasurer, Secretary 1450 BROADWAY, 24TH FLOOR, NEW YORK NY 10018
Richard P Shanley director 111 WEST 57TH STREET, NEW YORK NY 10019
Tonia L Pankopf director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Parker Anders Weil director 262 MCKINLEY PLACE, RIDGEWOOD NJ 07450
Stacy Brandom director 1450 BROADWAY, NEW YORK NY 10018
Robert Stephen Burns officer: Senior Vice President 1450 BROADWAY, NEW YORK NY 10018
Bruce W Shewmaker director 12 BRIAR WOOD DRIVE, SHORT HILLS NJ 07078
Lucio Lanza director 141 CASPIAN COURT, SUNNYVALE CA 94089
Misti Ushio officer: Vice President 111 WEST 57TH STREET, NEW YORK NY 10019
Charles E Ramsey director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
Ayres W Dillaway Jr director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
Michael A Janse officer: Executive Vice President 111 WEST 57TH STREET SUITE 1100, NEW YORK NY 10019

180 Degree Capital (180 Degree Capital) Headlines

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