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Premier Veterinary Group (AQSE:PVG.GB) Cyclically Adjusted Book per Share : £0.00 (As of Mar. 2020)


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What is Premier Veterinary Group 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.

Premier Veterinary Group's adjusted book value per share data for the fiscal year that ended in Sep. 2019 was £-0.211. 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 £0.00 for the trailing ten years ended in Sep. 2019.

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 (2024-05-27), Premier Veterinary Group's current stock price is £ 0.465. Premier Veterinary Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep. 2019 was £0.00. Premier Veterinary Group's Cyclically Adjusted PB Ratio of today is .


Premier Veterinary Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Premier Veterinary Group'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.

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Premier Veterinary Group Cyclically Adjusted Book per Share Chart

Premier Veterinary Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Cyclically Adjusted Book per Share
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Premier Veterinary Group Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
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Competitive Comparison of Premier Veterinary Group's Cyclically Adjusted Book per Share

For the Personal Services subindustry, Premier Veterinary Group'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.


Premier Veterinary Group's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Premier Veterinary Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Premier Veterinary Group 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, Premier Veterinary Group's adjusted Book Value per Share data for the fiscal year that ended in Sep. 2019 was:

Adj_Book=Book Value per Share /CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.211/108.4000*108.4000
=-0.211

Current CPI (Sep. 2019) = 108.4000.

Premier Veterinary Group Annual Data

Book Value per Share CPI Adj_Book
201012 0.090 91.700 0.106
201112 0.074 95.000 0.084
201212 -0.118 97.300 -0.131
201312 0.439 99.200 0.480
201409 -0.313 100.000 -0.339
201509 -0.021 100.200 -0.023
201609 0.110 101.500 0.117
201709 0.215 104.300 0.223
201809 -0.017 106.600 -0.017
201909 -0.211 108.400 -0.211

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


Premier Veterinary Group  (AQSE:PVG.GB) 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.


Premier Veterinary Group Cyclically Adjusted Book per Share Related Terms

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


Premier Veterinary Group (AQSE:PVG.GB) Business Description

Traded in Other Exchanges
N/A
Address
Bond Street, New Bond House, Bristol, GBR, BS2 9AG
Premier Veterinary Group PLC is a non-medical service provides mainly to veterinary centers. The company business operates in the veterinary industry and mainly provides support services for day to day running of veterinary centers. The company business is organized into three geographical regions: Premier Pet Care Plan (PPCP) the United Kingdom, PPCP Europe (including the Republic of Ireland), and PPCP US. Most of its revenues are generated from the Premier Pet Care Plan - UK.

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