GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » CPI Card Group Inc (FRA:CPB1) » Definitions » Cyclically Adjusted Book per Share

CPI Card Group (FRA:CPB1) Cyclically Adjusted Book per Share : €-10.03 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is CPI Card 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.

CPI Card Group's adjusted book value per share for the three months ended in Mar. 2024 was €-3.913. 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 €-10.03 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), CPI Card Group's current stock price is €24.60. CPI Card Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €-10.03. CPI Card Group's Cyclically Adjusted PB Ratio of today is .


CPI Card Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for CPI Card 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.

* Premium members only.

CPI Card Group Cyclically Adjusted Book per Share Chart

CPI Card Group 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 - - - - -10.79

CPI Card Group 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 - -10.58 -10.81 -10.79 -10.03

Competitive Comparison of CPI Card Group's Cyclically Adjusted Book per Share

For the Credit Services subindustry, CPI Card 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.


CPI Card Group's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, CPI Card Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CPI Card 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, CPI Card Group'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)
=-3.913/131.7762*131.7762
=-3.913

Current CPI (Mar. 2024) = 131.7762.

CPI Card Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -7.893 99.070 -10.499
201503 -1.831 99.621 -2.422
201506 -0.291 100.684 -0.381
201509 -16.756 100.392 -21.994
201512 -7.031 99.792 -9.284
201603 -6.532 100.470 -8.567
201606 -7.332 101.688 -9.501
201609 -7.167 101.861 -9.272
201612 -8.158 101.863 -10.554
201703 -8.567 102.862 -10.975
201706 -8.463 103.349 -10.791
201709 -7.958 104.136 -10.070
201712 -9.074 104.011 -11.496
201803 -8.989 105.290 -11.250
201806 -10.759 106.317 -13.335
201809 -10.930 106.507 -13.523
201812 -11.781 105.998 -14.646
201903 -12.090 107.251 -14.855
201906 -11.786 108.070 -14.371
201909 -12.146 108.329 -14.775
201912 -12.372 108.420 -15.037
202003 -12.087 108.902 -14.626
202006 -11.850 108.767 -14.357
202009 -10.990 109.815 -13.188
202012 -10.103 109.897 -12.114
202103 -10.141 111.754 -11.958
202106 -9.548 114.631 -10.976
202109 -9.267 115.734 -10.551
202112 -9.516 117.630 -10.660
202203 -9.201 121.301 -9.996
202206 -8.984 125.017 -9.470
202209 -8.434 125.227 -8.875
202212 -6.802 125.222 -7.158
202303 -5.783 127.348 -5.984
202306 -5.085 128.729 -5.205
202309 -4.640 129.860 -4.708
202312 -4.161 129.419 -4.237
202403 -3.913 131.776 -3.913

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


CPI Card Group  (FRA:CPB1) 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.


CPI Card Group Cyclically Adjusted Book per Share Related Terms

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


CPI Card Group (FRA:CPB1) Business Description

Traded in Other Exchanges
Address
10368 West Centennial Road, Littleton, CO, USA, 80127
CPI Card Group Inc is a payment technology company engaged in providing financial payment card solutions and services. It offers credit, debit and prepaid cards. The business segments of the group are Debit and Credit, which produces Financial Payment Cards and provides integrated card services to card-issuing banks in the United States, and Prepaid Debit, which provides integrated card services to Prepaid Debit Card program managers in the United States and Others. It derives key revenue from the Debit and Credit segment.

CPI Card Group (FRA:CPB1) Headlines

No Headlines