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Video Display (Video Display) Cyclically Adjusted Book per Share : $1.35 (As of Nov. 2023)


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What is Video Display 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.

Video Display's adjusted book value per share for the three months ended in Nov. 2023 was $-0.133. 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 $1.35 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Video Display's average Cyclically Adjusted Book Growth Rate was -25.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.00% 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 Video Display was 6.10% per year. The lowest was -13.10% per year. And the median was 3.70% per year.

As of today (2024-04-28), Video Display's current stock price is $1.05. Video Display's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was $1.35. Video Display's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Video Display was 1.41. The lowest was 0.16. And the median was 0.47.


Video Display Cyclically Adjusted Book per Share Historical Data

The historical data trend for Video Display'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.

Video Display Cyclically Adjusted Book per Share Chart

Video Display Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 2.61 2.30 2.07 1.71

Video Display Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1.81 1.71 1.60 1.48 1.35

Competitive Comparison of Video Display's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Video Display'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.


Video Display's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Video Display 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, Video Display's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.133/129.5481*129.5481
=-0.133

Current CPI (Nov. 2023) = 129.5481.

Video Display Quarterly Data

Book Value per Share CPI Adj_Book
201402 3.452 99.057 4.515
201405 3.453 100.373 4.457
201408 3.480 100.352 4.492
201411 2.854 99.635 3.711
201502 2.467 99.032 3.227
201505 2.211 100.333 2.855
201508 1.980 100.548 2.551
201511 1.617 100.135 2.092
201602 1.436 100.040 1.860
201605 1.370 101.355 1.751
201608 1.306 101.617 1.665
201611 1.298 101.829 1.651
201702 1.266 102.779 1.596
201705 1.227 103.256 1.539
201708 1.192 103.587 1.491
201711 0.989 104.072 1.231
201802 0.779 105.052 0.961
201805 0.788 106.148 0.962
201808 0.788 106.383 0.960
201811 0.801 106.338 0.976
201902 0.793 106.649 0.963
201905 0.738 108.048 0.885
201908 0.664 108.245 0.795
201911 0.557 108.519 0.665
202002 0.589 109.139 0.699
202005 0.588 108.175 0.704
202008 0.417 109.662 0.493
202011 0.737 109.793 0.870
202102 0.727 110.968 0.849
202105 0.600 113.576 0.684
202108 0.628 115.421 0.705
202111 0.491 117.269 0.542
202202 0.292 119.703 0.316
202205 0.241 123.323 0.253
202208 0.252 124.958 0.261
202211 0.131 125.607 0.135
202302 -0.047 126.928 -0.048
202305 -0.098 128.314 -0.099
202308 -0.064 129.538 -0.064
202311 -0.133 129.548 -0.133

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


Video Display  (OTCPK:VIDE) 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.

Video Display's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.05/1.35
=0.78

* 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 Video Display was 1.41. The lowest was 0.16. And the median was 0.47.


Be Aware

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


Video Display Cyclically Adjusted Book per Share Related Terms

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


Video Display (Video Display) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5155 King Street, Cocoa, FL, USA, 32926
Video Display Corp is a provider and manufacturer of video products, components, and systems for the visual display and presentation of electronic information media in a range of requirements and environments. It designs, engineers, manufactures, markets, distributes, and installs display products and systems, from basic components to systems, for Government, military, aerospace, medical, industrial, and commercial organizations. The company operates in one segment which is simulation, training, and display products. Its products lines include Dome Aircraft Simulator Display Systems, Multi-Faceted Aircraft Simulator Display Systems, Video Walls for Broadcast and Control Centers, Rugged Flat Panel Displays and Computers, Projector and Monitor Upgrades, and Projection Screens.
Executives
Ronald D Ordway director, 10 percent owner, officer: CEO 1868 TUCKER INDL RD, TUCKER GA 30084
Jonathan R Ordway 10 percent owner
David Saunders Cooper director 2476 OLDFIELD ROAD NW, ATLANTA GA 30327
Lusby Roger Winfield Iii director 5604 BAHIA MAR CIRCLE, STONE MOUNTAIN GA 30087
Gregory Lee Osborn director, officer: Chief Financial Officer 1374 CARRINGTON WAY, LAWRENCEVILLE GA 30044
David Allen Heiden officer: President & COO 6078 WINDSONG WAY, STONE MOUNTAIN GA 30087
Ervin Kuczogi director P O BOX 353, WHITE MILLS PA 18473
Michael Delen Boyd officer: CFO 1451 BEVERLY DRIVE, ATHENS GA 30606
Thibeault Ernest Joseph Iii director 603 OLD MAMMOTH ROAD, LONDONDERRY NH 03053
Carolyn C Howard director 279 MOUNTAIN ROAD, JAFFREY NH 03452
Carleton E Sawyer director C/O VIDEO DISPLAY CORP, 13 PINE RIDGE RD, LOUDON NH 03307-0830
Murray G Fox director, officer: CEO - Fox International, Ltd
Carol D Franklin officer: CFO
Peter Frend director 1107 LIBERTY SQUARE RD, BOXBOROUGH MA 01719

Video Display (Video Display) Headlines

From GuruFocus

Video Display Corp. (vide) CEO Ronald D Ordway buys 3,530 Shares

By GuruFocus Research GuruFocus Editor 09-29-2010

Video Display Corp. Reports Operating Results (10-Q)

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Video Display Corp. Reports Operating Results (10-Q)

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Video Display Corp. Reports Operating Results (10-K)

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