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Enherent (Enherent) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2010)


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What is Enherent 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.

Enherent's adjusted book value per share for the three months ended in Sep. 2010 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 $0.00 for the trailing ten years ended in Sep. 2010.

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 (2024-06-10), Enherent's current stock price is $0.0001. Enherent's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2010 was $0.00. Enherent's Cyclically Adjusted PB Ratio of today is .


Enherent Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enherent'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.

Enherent Cyclically Adjusted Book per Share Chart

Enherent Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Cyclically Adjusted Book per Share
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Enherent Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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Competitive Comparison of Enherent's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Enherent'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.


Enherent's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Enherent 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, Enherent's adjusted Book Value per Share data for the three months ended in Sep. 2010 was:

Adj_Book= Book Value per Share /CPI of Sep. 2010 (Change)*Current CPI (Sep. 2010)
=-0.038/92.1617*92.1617
=-0.038

Current CPI (Sep. 2010) = 92.1617.

Enherent Quarterly Data

Book Value per Share CPI Adj_Book
200012 1.369 73.413 1.719
200103 1.174 74.341 1.455
200106 1.131 75.100 1.388
200109 1.059 75.227 1.297
200112 0.154 74.552 0.190
200203 0.075 75.438 0.092
200206 0.010 75.902 0.012
200209 -0.049 76.366 -0.059
200212 -0.060 76.324 -0.072
200303 -0.097 77.716 -0.115
200306 -0.130 77.505 -0.155
200309 -0.146 78.138 -0.172
200312 -0.166 77.758 -0.197
200403 -0.184 79.066 -0.214
200406 -0.084 80.037 -0.097
200409 -0.093 80.121 -0.107
200412 -0.213 80.290 -0.244
200503 -0.159 81.555 -0.180
200506 -0.021 82.062 -0.024
200509 -0.019 83.876 -0.021
200512 -0.018 83.032 -0.020
200603 -0.026 84.298 -0.028
200606 -0.025 85.606 -0.027
200609 -0.024 85.606 -0.026
200612 -0.020 85.142 -0.022
200703 -0.018 86.640 -0.019
200706 -0.015 87.906 -0.016
200709 -0.007 87.964 -0.007
200712 -0.005 88.616 -0.005
200803 -0.003 90.090 -0.003
200806 -0.001 92.320 -0.001
200809 0.001 92.307 0.001
200812 -0.010 88.697 -0.010
200903 -0.012 89.744 -0.012
200906 -0.015 91.003 -0.015
200909 -0.016 91.120 -0.016
200912 -0.033 91.111 -0.033
201003 -0.035 91.821 -0.035
201006 -0.037 91.962 -0.037
201009 -0.038 92.162 -0.038

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


Enherent  (OTCPK:ENHT) 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.


Enherent Cyclically Adjusted Book per Share Related Terms

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


Enherent (Enherent) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Enherent Corp (OTCPK:ENHT) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
6800 Jericho Turnpike, Suite 116E, Syosset, NY, USA, 11791
Enherent Corp is an information technology company. It provides consulting services and solutions firm, committed to delivering solutions with tangible business results to the enterprise, mid-market, and government clients. The company specializes in System Development and Infrastructure Services and Solutions. Enherent provides services throughout the east coast with a concentration in the New York, New Jersey, Connecticut and Washington D.C.
Executives
Faith Griffin director 192 LEXINGTON AVENUE, NEW YORK NY 10016
Lori Lynn Stanley officer: Secretary and General Counsel 192 LEXINGTON AVENUE NEW YORK NY 10016
Tudor Investment Corp Et Al 10 percent owner 200 ELM STREET, STAMFORD CT 06901
Jones Paul Tudor Ii other: Chairman of Tudor C/O TUDOR INVESTMENT CORP, 1275 KING ST, GREENWICH CT 06831
James J Pallotta other: Member of Group C/O RAPTOR CAPITAL MANAGEMENT LP, 280 CONGRESS, 12TH FLOOR, BOSTON MA 02210
Karl Brenza officer: Chief Financial Officer 26 CHERRY STREET, KATONAH NY 10536

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