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Energous (Energous) Cyclically Adjusted Book per Share : $22.76 (As of Mar. 2024)


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What is Energous 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.

Energous's adjusted book value per share for the three months ended in Mar. 2024 was $1.176. 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 $22.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Energous's average Cyclically Adjusted Book Growth Rate was 75.10% 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 (2024-05-29), Energous's current stock price is $1.43. Energous's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $22.76. Energous's Cyclically Adjusted PB Ratio of today is 0.06.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Energous was 1.37. The lowest was 0.06. And the median was 0.15.


Energous Cyclically Adjusted Book per Share Historical Data

The historical data trend for Energous'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.

Energous Cyclically Adjusted Book per Share Chart

Energous 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 - - - 13.00 13.73

Energous 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 13.00 12.91 13.33 13.73 22.76

Competitive Comparison of Energous's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Energous'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.


Energous's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Energous 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, Energous'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)
=1.176/131.7762*131.7762
=1.176

Current CPI (Mar. 2024) = 131.7762.

Energous Quarterly Data

Book Value per Share CPI Adj_Book
201406 48.611 100.560 63.701
201409 38.907 100.428 51.052
201412 49.010 99.070 65.190
201503 40.847 99.621 54.031
201506 32.720 100.684 42.824
201509 26.311 100.392 34.536
201512 35.924 99.792 47.438
201603 25.127 100.470 32.956
201606 14.515 101.688 18.810
201609 25.113 101.861 32.488
201612 28.035 101.863 36.268
201703 19.325 102.862 24.757
201706 11.755 103.349 14.988
201709 17.373 104.136 21.984
201712 10.413 104.011 13.193
201803 33.800 105.290 42.303
201806 27.518 106.317 34.108
201809 20.640 106.507 25.537
201812 13.850 105.998 17.218
201903 22.471 107.251 27.610
201906 17.785 108.070 21.686
201909 13.797 108.329 16.783
201912 11.452 108.420 13.919
202003 9.650 108.902 11.677
202006 10.314 108.767 12.496
202009 8.844 109.815 10.613
202012 16.006 109.897 19.193
202103 13.821 111.754 16.297
202106 11.492 114.631 13.211
202109 8.234 115.734 9.375
202112 12.257 117.630 13.731
202203 10.572 121.301 11.485
202206 8.892 125.017 9.373
202209 7.529 125.227 7.923
202212 6.244 125.222 6.571
202303 4.699 127.348 4.862
202306 3.889 128.729 3.981
202309 2.980 129.860 3.024
202312 2.102 129.419 2.140
202403 1.176 131.776 1.176

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


Energous  (NAS:WATT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.43/22.76
=0.06

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Energous was 1.37. The lowest was 0.06. And the median was 0.15.


Be Aware

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


Energous Cyclically Adjusted Book per Share Related Terms

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


Energous (Energous) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Energous Corp (NAS:WATT) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
3590 North First Street, Suite 210, San Jose, CA, USA, 95134
Energous Corp is a development stage technology company. It is developing a technology named WattUp, which will enable RF (radio frequency) based wire free charging for electronic devices. The firm believes that its technology will be utilized in the internet of things devices, smartphones, tablets, e-book readers, keyboards, mice, remote controls, rechargeable lights, cylindrical batteries and other devices with similar charging requirements. Its business strategy is to become a supplier and licensor of its technology to companies who design, manufacture and market devices to consumers, military, industrial and other users.
Executives
Cesar Johnston officer: Senior VP, Engineering 303 RAY STREET, PLEASANTON CA 94566
William T Mannina officer: Acting CFO (Interim) 2300 ORCHARD PARKWAY, C/O SYMMETRICOM, SAN JOSE CA 95131
Sheryl Wilkerson director C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Rahul G. Patel director C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET STE 210, SAN JOSE CA 95134
J Michael Dodson director 1220 N. SIMON CIRCLE, ANAHEIM CA 92806
David Earle Roberson director
Neeraj Sahejpal officer: Senior VP, Product Marketing C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Brian J Sereda officer: Vice President & CFO 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Kathleen A Bayless director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Daniel W Fairfax director 1421 MCCARTHY BLVD., MILPITAS CA 95035
Reynette K. Au director C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET STE 210, SAN JOSE CA 95134
Michael Noonen director C/O 8X8 INC, 2445 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Nicolaos G. Alexopoulos director 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Stephen R Rizzone director, officer: CEO and President METVANTAGE INC, 201 CONTINENETAL BLVD SUITE 201, EL SEGUNDO CA 90245
John Gaulding director C/O MONSTER WORLDWIDE INC, 622 THIRD AVENUE, NEW YORK NY 10017