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Nexia Health Technologies (TSXV:NGH.H) Cyclically Adjusted Book per Share : C$0.00 (As of Dec. 2019)


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What is Nexia Health Technologies 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.

Nexia Health Technologies's adjusted book value per share for the three months ended in Dec. 2019 was C$-0.026. 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 C$0.00 for the trailing ten years ended in Dec. 2019.

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 (2024-06-06), Nexia Health Technologies's current stock price is C$0.005. Nexia Health Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2019 was C$0.00. Nexia Health Technologies's Cyclically Adjusted PB Ratio of today is .


Nexia Health Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nexia Health Technologies'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.

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Nexia Health Technologies Cyclically Adjusted Book per Share Chart

Nexia Health Technologies Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Cyclically Adjusted Book per Share
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Nexia Health Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of Nexia Health Technologies's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Nexia Health Technologies'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.


Nexia Health Technologies's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nexia Health Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nexia Health Technologies 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, Nexia Health Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2019 was:

Adj_Book= Book Value per Share /CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=-0.026/107.7693*107.7693
=-0.026

Current CPI (Dec. 2019) = 107.7693.

Nexia Health Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201003 0.006 91.335 0.007
201006 0.022 91.809 0.026
201009 0.022 92.362 0.026
201012 0.019 92.836 0.022
201103 0.014 94.338 0.016
201106 0.012 94.654 0.014
201109 0.008 95.286 0.009
201112 0.006 94.970 0.007
201203 0.001 96.155 0.001
201206 0.005 96.076 0.006
201209 0.018 96.392 0.020
201212 0.021 95.760 0.024
201303 0.037 97.103 0.041
201306 0.027 97.182 0.030
201309 0.024 97.419 0.027
201312 0.053 96.945 0.059
201403 0.048 98.604 0.052
201406 0.047 99.473 0.051
201409 0.048 99.394 0.052
201412 0.038 98.367 0.042
201503 0.011 99.789 0.012
201506 0.008 100.500 0.009
201509 -0.001 100.421 -0.001
201512 0.057 99.947 0.061
201603 0.002 101.054 0.002
201606 -0.009 102.002 -0.010
201609 0.010 101.765 0.011
201612 0.008 101.449 0.008
201703 0.012 102.634 0.013
201706 0.009 103.029 0.009
201709 0.004 103.345 0.004
201712 -0.001 103.345 -0.001
201803 -0.001 105.004 -0.001
201806 -0.004 105.557 -0.004
201809 -0.007 105.636 -0.007
201812 -0.009 105.399 -0.009
201903 -0.018 106.979 -0.018
201906 -0.021 107.690 -0.021
201909 -0.024 107.611 -0.024
201912 -0.026 107.769 -0.026

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


Nexia Health Technologies  (TSXV:NGH.H) 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.


Nexia Health Technologies Cyclically Adjusted Book per Share Related Terms

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


Nexia Health Technologies (TSXV:NGH.H) Business Description

Traded in Other Exchanges
N/A
Address
15 Allstate Parkway, 6th Floor, Markham, ON, CAN, L3R5B4
Nexia Health Technologies Inc engaged in the development, sale, and support of application software and related services to customers in the healthcare industry in Canada and the United States. The company is engaged in the licensing and sale of its intellectual property. It provides Healthcare Technology solutions, which involves Cloud, Clearinghouse, eForms designer and Mobile application designer. The company generates revenue by selling monthly utilization of its application software and by selling perpetual licenses of the company's application software and related support and maintenance. The company discontinued all its operation.

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