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McCoy Global (McCoy Global) Cyclically Adjusted Book per Share : $1.79 (As of Mar. 2024)


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What is McCoy Global 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.

McCoy Global's adjusted book value per share for the three months ended in Mar. 2024 was $1.525. 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 $1.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, McCoy Global's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.40% 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 McCoy Global was 13.90% per year. The lowest was -3.50% per year. And the median was 7.00% per year.

As of today (2024-05-22), McCoy Global's current stock price is $1.47. McCoy Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.79. McCoy Global's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of McCoy Global was 3.42. The lowest was 0.13. And the median was 0.53.


McCoy Global Cyclically Adjusted Book per Share Historical Data

The historical data trend for McCoy Global'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.

McCoy Global Cyclically Adjusted Book per Share Chart

McCoy Global 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 2.12 1.92 1.84 1.93 1.79

McCoy Global 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 1.86 1.85 1.87 1.79 1.79

Competitive Comparison of McCoy Global's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, McCoy Global'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.


McCoy Global's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, McCoy Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



McCoy Global 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, McCoy Global'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)
=1.525/126.2576*126.2576
=1.525

Current CPI (Mar. 2024) = 126.2576.

McCoy Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.177 99.473 4.032
201409 3.330 99.394 4.230
201412 3.205 98.367 4.114
201503 3.065 99.789 3.878
201506 3.061 100.500 3.846
201509 2.889 100.421 3.632
201512 2.566 99.947 3.241
201603 2.315 101.054 2.892
201606 1.832 102.002 2.268
201609 1.740 101.765 2.159
201612 1.618 101.449 2.014
201703 1.505 102.634 1.851
201706 1.408 103.029 1.725
201709 1.387 103.345 1.695
201712 1.166 103.345 1.425
201803 1.133 105.004 1.362
201806 1.056 105.557 1.263
201809 1.050 105.636 1.255
201812 1.094 105.399 1.311
201903 1.092 106.979 1.289
201906 1.026 107.690 1.203
201909 1.076 107.611 1.262
201912 1.040 107.769 1.218
202003 1.069 107.927 1.251
202006 1.075 108.401 1.252
202009 1.056 108.164 1.233
202012 0.997 108.559 1.160
202103 1.001 110.298 1.146
202106 1.051 111.720 1.188
202109 1.052 112.905 1.176
202112 1.107 113.774 1.228
202203 1.109 117.646 1.190
202206 1.158 120.806 1.210
202209 1.186 120.648 1.241
202212 1.341 120.964 1.400
202303 1.341 122.702 1.380
202306 1.380 124.203 1.403
202309 1.446 125.230 1.458
202312 1.493 125.072 1.507
202403 1.525 126.258 1.525

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


McCoy Global  (OTCPK:MCCRF) 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.

McCoy Global's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.47/1.79
=0.82

* 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 McCoy Global was 3.42. The lowest was 0.13. And the median was 0.53.


Be Aware

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


McCoy Global Cyclically Adjusted Book per Share Related Terms

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


McCoy Global (McCoy Global) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » McCoy Global Inc (OTCPK:MCCRF) » Definitions » Cyclically Adjusted Book per Share
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Address
9910 39th Avenue NW, Suite 201, Edmonton, AB, CAN, T6E 5H8
McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts. Some of its products are specialized hydraulic power tongs, dies, and inserts, make or break torque equipment, and computerized torque turn monitoring systems.

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