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Usio (USIO) Cyclically Adjusted Book per Share : $0.72 (As of Dec. 2023)


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What is Usio 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.

Usio's adjusted book value per share for the three months ended in Dec. 2023 was $0.572. 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 $0.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Usio's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.20% 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 Usio was 60.40% per year. The lowest was 15.30% per year. And the median was 21.25% per year.

As of today (2024-04-27), Usio's current stock price is $1.475. Usio's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.72. Usio's Cyclically Adjusted PB Ratio of today is 2.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Usio was 246.00. The lowest was 2.00. And the median was 6.24.


Usio Cyclically Adjusted Book per Share Historical Data

The historical data trend for Usio'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.

Usio Cyclically Adjusted Book per Share Chart

Usio 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 0.41 0.47 0.58 0.66 0.72

Usio 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 0.66 0.68 0.70 0.71 0.72

Competitive Comparison of Usio's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Usio'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.


Usio's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Usio's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Usio 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, Usio'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)
=0.572/129.4194*129.4194
=0.572

Current CPI (Dec. 2023) = 129.4194.

Usio Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.096 99.695 0.125
201406 0.157 100.560 0.202
201409 0.240 100.428 0.309
201412 0.588 99.070 0.768
201503 0.649 99.621 0.843
201506 0.673 100.684 0.865
201509 0.719 100.392 0.927
201512 0.758 99.792 0.983
201603 0.779 100.470 1.003
201606 0.773 101.688 0.984
201609 0.768 101.861 0.976
201612 0.764 101.863 0.971
201703 0.753 102.862 0.947
201706 0.723 103.349 0.905
201709 0.835 104.136 1.038
201712 0.810 104.011 1.008
201803 0.725 105.290 0.891
201806 0.673 106.317 0.819
201809 0.641 106.507 0.779
201812 0.600 105.998 0.733
201903 0.630 107.251 0.760
201906 0.573 108.070 0.686
201909 0.519 108.329 0.620
201912 0.442 108.420 0.528
202003 0.409 108.902 0.486
202006 0.324 108.767 0.386
202009 0.629 109.815 0.741
202012 0.669 109.897 0.788
202103 0.650 111.754 0.753
202106 0.673 114.631 0.760
202109 0.687 115.734 0.768
202112 0.733 117.630 0.806
202203 0.687 121.301 0.733
202206 0.617 125.017 0.639
202209 0.554 125.227 0.573
202212 0.555 125.222 0.574
202303 0.545 127.348 0.554
202306 0.571 128.729 0.574
202309 0.564 129.860 0.562
202312 0.572 129.419 0.572

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


Usio  (NAS:USIO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.475/0.72
=2.05

* 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 Usio was 246.00. The lowest was 2.00. And the median was 6.24.


Be Aware

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


Usio Cyclically Adjusted Book per Share Related Terms

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


Usio (USIO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Usio Inc (NAS:USIO) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
3611 Paesanos Parkway, Suite 300, San Antonio, TX, USA, 78231
Usio Inc is a United States-based company that provides integrated electronic payment services, including credit and debit card-based processing services and transaction processing via the Automated Clearing House, or ACH network to billers and retailers. The Company also has an additional wholly-owned subsidiary, Usio Output Solutions, Inc., which is the entity for the Output Solutions operations.
Executives
Topline Capital Management, Llc other: See Explanation in Footnotes 544 EUCLID STREET, SANTA MONICA CA 90402
Topline Capital Partners, Lp 10 percent owner 544 EUCLID STREET, SANTA MONICA CA 90402
Houston Korth Frost officer: SVP, Corporate Development 302 PEARL PKWY #3313, SAN ANTONIO TX 78215
Elizabeth Michelle Miller director 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Michael R Long director, officer: Chairman, CEO & CFO 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Louis A Hoch director, officer: President & COO 12500 SAN PEDRO, SUITE 120, SAN ANTONIO TX 78216
Greg M Carter officer: EVP Payment Acceptance 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Mcbirney Collin other: See Explanation in Footnotes 544 EUCLID STREET, SANTA MONICA CA 90402
Beyer Del La Garza Ernesto R director 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Blaise Bender director 3611 PAESANOS PARKWA, SUITE 300, SAN ANTONIO TX 78231
Steve Huffman director 12500 SAN PEDRO, STE 120, SAN ANTONIO TX 78216
Vaden Cecil Landers 10 percent owner, officer: Chief Revenue Officer 12500 SAN PEDRO, SUITE 120, SAN ANTONIO X1 78216
Brad Rollins director 12500 SAN PEDRO, SUITE 120, SAN ANTONIO TX 78216
Habib Yunus other: Former SVP/CFO 12500 SAN PEDRO, SUITE 120, SAN ANTONIO TX 78216
Lowell Thomas Jewell officer: Chief Financial Officer 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231