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AltiGen Communications (AltiGen Communications) Cyclically Adjusted Book per Share : $0.41 (As of Dec. 2023)


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What is AltiGen Communications 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.

AltiGen Communications's adjusted book value per share for the three months ended in Dec. 2023 was $0.442. 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 $0.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AltiGen Communications's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -8.70% 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 AltiGen Communications was 4.40% per year. The lowest was -14.90% per year. And the median was -10.90% per year.

As of today (2024-06-11), AltiGen Communications's current stock price is $0.71525. AltiGen Communications's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.41. AltiGen Communications's Cyclically Adjusted PB Ratio of today is 1.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AltiGen Communications was 7.71. The lowest was 0.15. And the median was 1.74.


AltiGen Communications Cyclically Adjusted Book per Share Historical Data

The historical data trend for AltiGen Communications'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.

AltiGen Communications Cyclically Adjusted Book per Share Chart

AltiGen Communications Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.36 0.36 0.39 0.41

AltiGen Communications Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.39 0.39 0.40 0.41 0.41

Competitive Comparison of AltiGen Communications's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, AltiGen Communications'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.


AltiGen Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AltiGen Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AltiGen Communications 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, AltiGen Communications'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)
=0.442/129.4194*129.4194
=0.442

Current CPI (Dec. 2023) = 129.4194.

AltiGen Communications Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.000 97.633 0.000
201309 0.029 98.790 0.038
201406 0.000 100.560 0.000
201409 0.011 100.428 0.014
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.051 100.684 0.066
201509 0.066 100.392 0.085
201512 0.073 99.792 0.095
201603 0.078 100.470 0.100
201606 0.062 101.688 0.079
201609 0.041 101.861 0.052
201612 0.045 101.863 0.057
201703 0.045 102.862 0.057
201706 0.049 103.349 0.061
201709 0.059 104.136 0.073
201712 0.074 104.011 0.092
201803 0.091 105.290 0.112
201806 0.095 106.317 0.116
201809 0.491 106.507 0.597
201812 0.518 105.998 0.632
201903 0.535 107.251 0.646
201906 0.562 108.070 0.673
201909 0.574 108.329 0.686
201912 0.596 108.420 0.711
202003 0.618 108.902 0.734
202006 0.636 108.767 0.757
202009 0.637 109.815 0.751
202012 0.639 109.897 0.753
202103 0.621 111.754 0.719
202106 0.664 114.631 0.750
202109 0.609 115.734 0.681
202112 0.610 117.630 0.671
202203 0.611 121.301 0.652
202206 0.617 125.017 0.639
202209 0.586 125.227 0.606
202212 0.580 125.222 0.599
202303 0.573 127.348 0.582
202309 0.455 129.860 0.453
202312 0.442 129.419 0.442

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


AltiGen Communications  (OTCPK:ATGN) 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.

AltiGen Communications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.71525/0.41
=1.74

* 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 AltiGen Communications was 7.71. The lowest was 0.15. And the median was 1.74.


Be Aware

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


AltiGen Communications Cyclically Adjusted Book per Share Related Terms

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


AltiGen Communications (AltiGen Communications) Business Description

Traded in Other Exchanges
N/A
Address
670 N McCarthy Boulevard, Suite 200, Milpitas, CA, USA, 95035
AltiGen Communications Inc is a provider of cloud-based Internet Protocol-private branch exchange (IP-PBX) and Contact Center solutions. The company designs, delivers, and supports Voice over Internet Protocol (VoIP) phone systems and call center solutions. Its Unified Communications solutions are designed with an open architecture and its integrated Internet protocol (IP) applications suite provides customers with a business communications solution. It derives a majority of its revenue from the Hosted services.
Executives
Jeremiah Fleming officer: President & COO 4555 CUSHING PARKWAY, FREMONT CA 94538
Miller Lloyd I Iii 10 percent owner
Gilbert Hu director, officer: Chief Executive Officer
Wanger Long Term Opportunity Fund Ii, Lp 10 percent owner 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Alan Bradley Howe director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Wltof Gp Llc 10 percent owner 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Philip M Mcdermott officer: Chief Financial Officer
Wanger Investment Mangagement, Llc director 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Eric Wanger director 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Michael E Plumer officer: VP of Sales 213 RYDER STREET, SAN MATEO CA 94401
Tsai Mike Mon Yen director 28620 MATADERO CREEK COURT, LOS ALTOS CA 94022
Tacheng Wang director 27101 HORSESHOE LANE, LOS ALTOS HILLS CA 94022
Kenneth Tai director C/O ALTIGEN COMMUNICATIONS INC, 47429 FREMONT BLVD, FREMONT CA 94538
Sun Shirley Tsyr Yi officer: VP of Research & Development