GURUFOCUS.COM » STOCK LIST » Technology » Software » Moatable Inc (OTCPK:MTBLY) » Definitions » Cyclically Adjusted Book per Share

Moatable (Moatable) Cyclically Adjusted Book per Share : $30.74 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Moatable 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.

Moatable's adjusted book value per share for the three months ended in Mar. 2024 was $3.410. 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 $30.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Moatable's average Cyclically Adjusted Book Growth Rate was -100.00% 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.

As of today (2024-05-21), Moatable's current stock price is $0.73. Moatable's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $30.74. Moatable's Cyclically Adjusted PB Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Moatable was 0.90. The lowest was 0.02. And the median was 0.04.


Moatable Cyclically Adjusted Book per Share Historical Data

The historical data trend for Moatable'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.

Moatable Cyclically Adjusted Book per Share Chart

Moatable 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 - - 34.73 35.26 31.63

Moatable Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 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 34.22 33.74 33.21 31.63 30.74

Competitive Comparison of Moatable's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Moatable'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.


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

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

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



Moatable 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, Moatable'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)
=3.41/131.7762*131.7762
=3.410

Current CPI (Mar. 2024) = 131.7762.

Moatable Quarterly Data

Book Value per Share CPI Adj_Book
201306 44.002 98.518 58.857
201309 48.779 98.790 65.066
201312 52.166 98.326 69.913
201403 52.736 99.695 69.706
201406 48.118 100.560 63.055
201409 48.927 100.428 64.199
201412 48.388 99.070 64.363
201503 47.417 99.621 62.722
201506 43.955 100.684 57.529
201509 40.589 100.392 53.278
201512 41.063 99.792 54.224
201603 40.350 100.470 52.923
201606 36.452 101.688 47.238
201609 35.622 101.861 46.084
201612 32.419 101.863 41.939
201703 31.998 102.862 40.992
201706 31.318 103.349 39.932
201709 31.164 104.136 39.436
201712 29.426 104.011 37.281
201803 0.000 105.290 0.000
201806 8.587 106.317 10.643
201809 7.237 106.507 8.954
201812 6.365 105.998 7.913
201903 5.317 107.251 6.533
201906 9.108 108.070 11.106
201912 4.436 108.420 5.392
202006 4.195 108.767 5.082
202012 4.403 109.897 5.280
202106 7.719 114.631 8.873
202109 0.000 115.734 0.000
202112 6.005 117.630 6.727
202203 0.000 121.301 0.000
202206 5.949 125.017 6.271
202209 3.932 125.227 4.138
202212 3.235 125.222 3.404
202303 3.404 127.348 3.522
202306 3.840 128.729 3.931
202309 3.497 129.860 3.549
202312 3.920 129.419 3.991
202403 3.410 131.776 3.410

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


Moatable  (OTCPK:MTBLY) 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.

Moatable's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.73/30.74
=0.02

* 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 Moatable was 0.90. The lowest was 0.02. And the median was 0.04.


Be Aware

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


Moatable Cyclically Adjusted Book per Share Related Terms

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


Moatable (Moatable) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Moatable Inc (OTCPK:MTBLY) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
45 West Buchanan Street, Phoenix, AZ, USA, 85003
Moatable Inc provides management expertise, support services, and capital to help its SaaS businesses grow, scale, and reach their full potential. The Chime division includes the Company's all-in-one real estate sales acceleration and client lifecycle management platform. The Trucker Path division includes the Company's driver-centric online transportation management platform.
Executives
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Rebecca C. Polak director 611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Michael J Schifsky officer: Interim CFO C/O MOATABLE, INC., 45 W. BUCHANAN STREET, PHOENIX AZ 85003
James D Reed director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Joseph Chen director, 10 percent owner, officer: Chief Executive Officer 23/F, JING AN CENTER, 8 NORTH THIRD RING, ROAD EAST, CHAOYANG DISTRICT, BEIJING F4 100028
Lin Cong director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
James Jian Liu director, officer: Chief Operating Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Chris Palmer officer: Chief Financial Officer C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004
James M Dumler director C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004
Henry He Li officer: Vice President of Technology C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004