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Airport City (Airport City) Cyclically Adjusted Book per Share : $20.05 (As of Mar. 2024)


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What is Airport City 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.

Airport City's adjusted book value per share for the three months ended in Mar. 2024 was $21.759. 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 $20.05 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), Airport City's current stock price is $14.44. Airport City's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.05. Airport City's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Airport City was 1.07. The lowest was 0.82. And the median was 0.98.


Airport City Cyclically Adjusted Book per Share Historical Data

The historical data trend for Airport City'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.

Airport City Cyclically Adjusted Book per Share Chart

Airport City 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 - - - - 18.67

Airport City 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 - 22.57 19.12 18.67 20.05

Competitive Comparison of Airport City's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Airport City'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.


Airport City's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Airport City's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Airport City 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, Airport City'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)
=21.759/131.7762*131.7762
=21.759

Current CPI (Mar. 2024) = 131.7762.

Airport City Quarterly Data

Book Value per Share CPI Adj_Book
200712 3.077 88.616 4.576
201112 0.000 95.213 0.000
201212 6.395 96.871 8.699
201312 7.172 98.326 9.612
201412 8.259 99.070 10.986
201503 0.000 99.621 0.000
201512 9.201 99.792 12.150
201603 10.235 100.470 13.424
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 9.958 101.863 12.882
201703 10.129 102.862 12.976
201706 10.442 103.349 13.314
201709 11.220 104.136 14.198
201712 11.680 104.011 14.798
201803 12.247 105.290 15.328
201806 12.435 106.317 15.413
201809 12.790 106.507 15.825
201812 13.270 105.998 16.497
201903 13.404 107.251 16.469
201906 13.515 108.070 16.480
201909 13.720 108.329 16.690
201912 15.352 108.420 18.659
202003 15.382 108.902 18.613
202006 15.498 108.767 18.776
202009 15.908 109.815 19.089
202012 15.963 109.897 19.141
202103 16.362 111.754 19.293
202106 16.546 114.631 19.021
202109 17.676 115.734 20.126
202112 18.836 117.630 21.101
202203 20.516 121.301 22.288
202206 20.769 125.017 21.892
202209 20.107 125.227 21.159
202212 20.233 125.222 21.292
202303 20.443 127.348 21.154
202306 20.612 128.729 21.100
202309 20.897 129.860 21.205
202312 20.889 129.419 21.269
202403 21.759 131.776 21.759

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


Airport City  (OTCPK:ARPTF) 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.

Airport City's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.44/20.05
=0.72

* 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 Airport City was 1.07. The lowest was 0.82. And the median was 0.98.


Be Aware

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


Airport City Cyclically Adjusted Book per Share Related Terms

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


Airport City (Airport City) Business Description

Industry
Traded in Other Exchanges
Address
Israel's Business Capital, P.O.Box 66, Ben-Gurion Airport, Tel Aviv, ISR, 70151
Airport City Ltd is an Israel-based company engaged in the real estate sector. The company is engaged in initiating, planning, developing, acquiring, managing, improving and realizing investments in the area of real estate in Israel and abroad.

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