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Concrete Leveling Systems (Concrete Leveling Systems) Cyclically Adjusted Book per Share : $-0.03 (As of Jan. 2024)


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What is Concrete Leveling Systems 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.

Concrete Leveling Systems's adjusted book value per share for the three months ended in Jan. 2024 was $-0.038. 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 $-0.03 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.00% 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 Concrete Leveling Systems was -14.50% per year. The lowest was -14.50% per year. And the median was -14.50% per year.

As of today (2024-05-24), Concrete Leveling Systems's current stock price is $0.4761. Concrete Leveling Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $-0.03. Concrete Leveling Systems's Cyclically Adjusted PB Ratio of today is .


Concrete Leveling Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for Concrete Leveling Systems'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.

Concrete Leveling Systems Cyclically Adjusted Book per Share Chart

Concrete Leveling Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 -0.03 -0.03 -0.03

Concrete Leveling Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.03 -0.03 -0.03 -0.03 -0.03

Competitive Comparison of Concrete Leveling Systems's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Concrete Leveling Systems'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.


Concrete Leveling Systems's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Concrete Leveling Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Concrete Leveling Systems 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, Concrete Leveling Systems's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.038/130.1244*130.1244
=-0.038

Current CPI (Jan. 2024) = 130.1244.

Concrete Leveling Systems Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.018 100.023 -0.023
201407 -0.024 100.520 -0.031
201410 -0.026 100.176 -0.034
201501 -0.027 98.604 -0.036
201504 -0.028 99.824 -0.036
201507 -0.031 100.691 -0.040
201510 -0.034 100.346 -0.044
201601 -0.033 99.957 -0.043
201604 -0.034 100.947 -0.044
201607 -0.035 101.524 -0.045
201610 -0.038 101.988 -0.048
201701 -0.039 102.456 -0.050
201704 -0.019 103.167 -0.024
201707 -0.019 103.278 -0.024
201710 -0.021 104.070 -0.026
201801 -0.019 104.578 -0.024
201804 -0.019 105.708 -0.023
201807 -0.019 106.324 -0.023
201810 -0.020 106.695 -0.024
201901 -0.021 106.200 -0.026
201904 -0.021 107.818 -0.025
201907 -0.022 108.250 -0.026
201910 -0.023 108.577 -0.028
202001 -0.024 108.841 -0.029
202004 -0.024 108.173 -0.029
202007 -0.025 109.318 -0.030
202010 -0.026 109.861 -0.031
202101 -0.027 110.364 -0.032
202104 -0.027 112.673 -0.031
202107 -0.028 115.183 -0.032
202110 -0.030 116.696 -0.033
202201 -0.030 118.619 -0.033
202204 -0.031 121.978 -0.033
202207 -0.031 125.002 -0.032
202210 -0.033 125.734 -0.034
202301 -0.034 126.223 -0.035
202304 -0.034 127.992 -0.035
202307 -0.035 128.974 -0.035
202310 -0.037 129.810 -0.037
202401 -0.038 130.124 -0.038

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


Concrete Leveling Systems  (OTCPK:CLEV) 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.


Concrete Leveling Systems Cyclically Adjusted Book per Share Related Terms

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


Concrete Leveling Systems (Concrete Leveling Systems) Business Description

Traded in Other Exchanges
N/A
Address
5046 East Boulevard, Northwest, Canton, OH, USA, 44718
Concrete Leveling Systems Inc is a United States-based company operating in two divisions. The concrete leveling division of the business fabricates and markets a concrete leveling service unit utilized in the concrete leveling industry. The gaming and hospitality division of the business focuses on casino gaming, hospitality, entertainment, and leisure time industries, and will pursue opportunities in the tribal and commercial casino gaming industries, both in California and Nevada.
Executives
Georgiou Family Trust Dated 6/22/09 10 percent owner 2857 PARADISE RD. #3502, LAS VEGAS NV 89109-9046
Ronald J Tassinari 10 percent owner PO BOX 81920, LAS VEGAS NV 89180
Jericho Partners Llc 10 percent owner 33 MAIN ST., NEWTOWN CT 06470
Rt Two Llc 10 percent owner P.O. BOX 81890, LAS VEGAS NV 89180
Robert Tassinari 10 percent owner P.O. BOX 194, NEWKINGSTON NY 12459
Edward A Barth director, 10 percent owner, officer: President 5046 EAST BLVD NW, CANTON OH 44718
Eugene H Swearengin director, officer: Secretary
Suzanne I Barth director, 10 percent owner, officer: President