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V Technology Co (V Technology Co) Cyclically Adjusted Book per Share : $18.48 (As of Dec. 2023)


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What is V Technology Co 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.

V Technology Co's adjusted book value per share for the three months ended in Dec. 2023 was $23.017. 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 $18.48 for the trailing ten years ended in Dec. 2023.

During the past 12 months, V Technology Co'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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of V Technology Co was 18.30% per year. The lowest was 16.60% per year. And the median was 17.30% per year.

As of today (2024-06-13), V Technology Co's current stock price is $18.18. V Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $18.48. V Technology Co's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of V Technology Co was 16.54. The lowest was 0.80. And the median was 2.93.


V Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for V Technology Co'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.

V Technology Co Cyclically Adjusted Book per Share Chart

V Technology Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 51.96 99.99 138.36 -

V Technology Co 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 138.36 20.31 24.52 18.48 -

Competitive Comparison of V Technology Co's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, V Technology Co'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.


V Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



V Technology Co 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, V Technology Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.017/106.8000*106.8000
=23.017

Current CPI (Dec. 2023) = 106.8000.

V Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.443 95.700 9.422
201406 8.099 98.000 8.826
201409 7.718 98.500 8.368
201412 6.973 97.900 7.607
201503 7.661 97.900 8.357
201506 7.545 98.400 8.189
201509 7.654 98.500 8.299
201512 7.798 98.100 8.490
201603 8.527 97.900 9.302
201606 9.342 98.100 10.170
201609 10.299 98.000 11.224
201612 9.904 98.400 10.749
201703 10.935 98.100 11.905
201706 11.127 98.500 12.065
201709 12.640 98.800 13.663
201712 14.078 99.400 15.126
201803 18.233 99.200 19.630
201806 18.557 99.200 19.979
201809 21.700 99.900 23.199
201812 23.145 99.700 24.793
201903 24.983 99.700 26.762
201906 26.982 99.800 28.875
201909 28.554 100.100 30.465
201912 29.517 100.500 31.367
202003 27.182 100.300 28.944
202006 27.465 99.900 29.362
202009 28.817 99.900 30.807
202012 29.818 99.300 32.070
202103 29.752 99.900 31.807
202106 29.559 99.500 31.728
202109 30.073 100.100 32.086
202112 29.652 100.100 31.637
202203 29.805 101.100 31.485
202206 26.659 101.800 27.968
202209 25.534 103.100 26.450
202212 25.958 104.100 26.631
202303 25.998 104.400 26.596
202306 24.343 105.200 24.713
202309 23.155 106.200 23.286
202312 23.017 106.800 23.017

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


V Technology Co  (OTCPK:VCHYF) 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.

V Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.18/18.48
=0.98

* 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 V Technology Co was 16.54. The lowest was 0.80. And the median was 2.93.


Be Aware

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


V Technology Co Cyclically Adjusted Book per Share Related Terms

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


V Technology Co (V Technology Co) Business Description

Industry
Traded in Other Exchanges
Address
YBP East Tower 9F, 134 Godo-cho, Hodogaya-ku, Yokohama, JPN, 240-00005
V Technology Co Ltd is in the business of development, manufacturing marketing and service of the manufacturing system, inspection system, measurement system, macro inspection system and also flat panel display industry. The company is also engaged in development and sales of the systems for solar cell and liquid emitting displays manufacturing. Its products include smart phones, game consoles, inspection system, and laser scriber.

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