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Micron Solutions (Micron Solutions) Cyclically Adjusted Book per Share : $2.25 (As of Mar. 2023)


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What is Micron Solutions 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.

Micron Solutions's adjusted book value per share for the three months ended in Mar. 2023 was $1.259. 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 $2.25 for the trailing ten years ended in Mar. 2023.

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 (2024-05-26), Micron Solutions's current stock price is $0.5226. Micron Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $2.25. Micron Solutions's Cyclically Adjusted PB Ratio of today is 0.23.


Micron Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Micron Solutions'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.

Micron Solutions Cyclically Adjusted Book per Share Chart

Micron Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 3.50 2.91 2.56 2.30

Micron Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 2.51 2.46 2.38 2.30 2.25

Competitive Comparison of Micron Solutions's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Micron Solutions'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.


Micron Solutions's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micron Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Micron Solutions 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, Micron Solutions's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=1.259/127.3478*127.3478
=1.259

Current CPI (Mar. 2023) = 127.3478.

Micron Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201306 2.525 98.518 3.264
201309 2.321 98.790 2.992
201312 2.332 98.326 3.020
201403 2.430 99.695 3.104
201406 2.527 100.560 3.200
201409 2.585 100.428 3.278
201412 2.608 99.070 3.352
201503 2.634 99.621 3.367
201506 2.682 100.684 3.392
201509 2.588 100.392 3.283
201512 2.457 99.792 3.135
201603 2.331 100.470 2.955
201606 2.358 101.688 2.953
201609 2.335 101.861 2.919
201612 2.229 101.863 2.787
201703 2.162 102.862 2.677
201706 1.957 103.349 2.411
201709 1.903 104.136 2.327
201712 1.785 104.011 2.185
201803 1.726 105.290 2.088
201806 1.744 106.317 2.089
201809 1.723 106.507 2.060
201812 1.429 105.998 1.717
201903 1.263 107.251 1.500
201906 1.126 108.070 1.327
201909 0.965 108.329 1.134
201912 0.758 108.420 0.890
202003 0.663 108.902 0.775
202006 1.019 108.767 1.193
202009 1.133 109.815 1.314
202012 1.208 109.897 1.400
202103 1.281 111.754 1.460
202106 2.286 114.631 2.540
202109 2.143 115.734 2.358
202112 1.850 117.630 2.003
202203 1.652 121.301 1.734
202206 1.596 125.017 1.626
202209 1.568 125.227 1.595
202212 1.499 125.222 1.524
202303 1.259 127.348 1.259

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


Micron Solutions  (OTCPK:MICRD) 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.

Micron Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.5226/2.25
=0.23

* 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.


Be Aware

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


Micron Solutions Cyclically Adjusted Book per Share Related Terms

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


Micron Solutions (Micron Solutions) Business Description

Traded in Other Exchanges
N/A
Address
25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
Executives
Steven D. Heinemann 10 percent owner C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Wayne M Coll officer: CFO
Rodd Friedman director, 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Jason Russell Chambers director 4355 COBB PKWY, SUITE J BOX 269, ATLANTA 2Q 30339
Robert A Mello director C/O IRIS INTERNATIONAL, INC., 9158 ETON AVENUE, CHATSWORTH CA 91311
William J. Laursen director, officer: Chief Executive Officer 13 PENINSULA ROAD, HARVARD MA 01451
Andrei Soran director 28 LOTHROP STREET, NEWTON MA 02460
Bryan Ganz director C/O ARRHYTHMIA RESEARCH TECHNOLOGY, INC., 25 SAWYER PASSWAY, FITCHBURG MA 01420
Ref Securities & Co. 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Marco Benedetti director 9645 WEHRLE DRIVE, CLARENCE NY 14031
Salvatore Jr Emma director, officer: PRESIDENT and CEO 20 LONGLEY ROAD, SHIRLEY MA 01464
Derek Thomas Welch officer: Prin.Financial & Accounting 405 NEW WEST TOWNSEND ROAD, LUNENBURG MA 01462
Patrick L Muldoon director 215 HUBBARDSTON ROAD, PRINCETON MA 01541
Michael S Gunter director 104 CAMBRIDGE PLAZA DRIVE, WINSTON-SALEM NC 27104
Michael Francis Nolan officer: Chief Operating Officer 25 SAWYER PASSWAY, FITCHBURG MA 01420

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