GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aemetis Inc (NAS:AMTX) » Definitions » Cyclically Adjusted Book per Share

Aemetis (Aemetis) Cyclically Adjusted Book per Share : $-4.97 (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Aemetis 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.

Aemetis's adjusted book value per share for the three months ended in Mar. 2024 was $-5.447. 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 $-4.97 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -22.00% 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 Aemetis was -13.80% per year. The lowest was -51.40% per year. And the median was -19.20% per year.

As of today (2024-06-07), Aemetis's current stock price is $3.155. Aemetis's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-4.97. Aemetis's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aemetis was 10.12. The lowest was 1.35. And the median was 2.55.


Aemetis Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aemetis'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.

Aemetis Cyclically Adjusted Book per Share Chart

Aemetis 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 -2.43 -3.23 -3.56 -4.12 -4.76

Aemetis Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -4.34 -4.52 -4.66 -4.76 -4.97

Competitive Comparison of Aemetis's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Aemetis'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.


Aemetis's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Aemetis 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, Aemetis's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-5.447/131.7762*131.7762
=-5.447

Current CPI (Mar. 2024) = 131.7762.

Aemetis Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.053 100.560 -0.069
201409 0.031 100.428 0.041
201412 -0.144 99.070 -0.192
201503 -0.786 99.621 -1.040
201506 -1.216 100.684 -1.592
201509 -1.483 100.392 -1.947
201512 -1.799 99.792 -2.376
201603 -2.025 100.470 -2.656
201606 -2.267 101.688 -2.938
201609 -2.436 101.861 -3.151
201612 -2.509 101.863 -3.246
201703 -2.937 102.862 -3.763
201706 -3.226 103.349 -4.113
201709 -3.574 104.136 -4.523
201712 -3.902 104.011 -4.944
201803 -4.379 105.290 -5.481
201806 -4.648 106.317 -5.761
201809 -4.911 106.507 -6.076
201812 -5.448 105.998 -6.773
201903 -5.897 107.251 -7.246
201906 -6.520 108.070 -7.950
201909 -6.766 108.329 -8.230
201912 -7.505 108.420 -9.122
202003 -8.059 108.902 -9.752
202006 -7.939 108.767 -9.618
202009 -8.349 109.815 -10.019
202012 -8.092 109.897 -9.703
202103 -4.635 111.754 -5.465
202106 -3.928 114.631 -4.515
202109 -4.056 115.734 -4.618
202112 -3.593 117.630 -4.025
202203 -3.762 121.301 -4.087
202206 -3.548 125.017 -3.740
202209 -5.276 125.227 -5.552
202212 -5.628 125.222 -5.923
202303 -6.062 127.348 -6.273
202306 -6.259 128.729 -6.407
202309 -5.078 129.860 -5.153
202312 -5.297 129.419 -5.393
202403 -5.447 131.776 -5.447

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


Aemetis  (NAS:AMTX) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aemetis was 10.12. The lowest was 1.35. And the median was 2.55.


Be Aware

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


Aemetis Cyclically Adjusted Book per Share Related Terms

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


Aemetis (Aemetis) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aemetis Inc (NAS:AMTX) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
20400 Stevens Creek Boulevard, Suite 700, Cupertino, CA, USA, 95014
Aemetis Inc is an international renewable fuel and biochemicals company focused on the production of renewable fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products through the conversion of first-generation ethanol and biodiesel plants into advanced biorefineries. It owns and operates an approximately 65 million gallon per year ethanol production facility located in Keyes, California. In addition to low carbon renewable fuel ethanol, the Keyes Plant produces Wet Distillers Grains, Distillers Corn Oil, and Condensed Distillers Solubles, all of which are sold to local dairies and feedlots as animal feed. It operates in the reportable geographic segments of North America and India.
Executives
Naomi Louise Boness director 9 GOLD POPPY CT, DANVILLE CA 94526
James Michael Rockett officer: EVP, GC, and Corp. Sec'y 20400 STEVENS CREEK BLVD, CUPERTINO CA 95014
Timothy Alan Simon director 788 JAMESTOWN AVENUE, SAN FRANCISCO CA 94124
Andrew B Foster officer: Exec. Vice President
Francis P Barton director C/O INVENTERGY GLOBAL, INC., 900 E. HAMILTON AVENUE, SUITE 180, CAMPBELL CA 95008
John R Block director ONE JOHN DEERE PLACE, MOLINE IL 61265
Sanjeev Gupta officer: Executive Vice President 115 MAGNOLIA POND PLACE, WOODLANDS TX 77381
Todd Waltz officer: EVP and CFO P O BOX 1445, CUPERTINO CA 95015
Lydia I Beebe director 13403 NORTHWEST FREEWAY, HOUSTON TX 77040
Laird Q Cagan director, 10 percent owner 20400 STEVENS CREEK BLVD., STE 700, CUPERTINO CA 95014
Eric A Mcafee director, 10 percent owner, officer: Chairman/CEO
Steven W. Hutcheson director 20400 STEVENS CREEK BLVD.,, SUITE 700, CUPERTINO CA 95014
Harold Sorgenti director 237 S. 18TH STREET, APT 4A, PHILADELPHIA PA 19103
Scott Janssen officer: Chief Financial Officer 20400 STEVENS CREEK BLVD., SUITE 700, CUPERTINO CA 95014
Parkash P Ahuja officer: Chief Operating Officer 770 JORDAN AVE, LOS ALTOS CA 94022