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Realtyome (BSP:R1IN34) Cyclically Adjusted Book per Share : R$90.30 (As of Mar. 2024)


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What is Realtyome 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.

Realtyome's adjusted book value per share for the three months ended in Mar. 2024 was R$111.479. 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 R$90.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Realtyome's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 Realtyome was 12.60% per year. The lowest was 1.40% per year. And the median was 7.90% per year.

As of today (2024-05-24), Realtyome's current stock price is R$136.00. Realtyome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$90.30. Realtyome's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Realtyome was 4.00. The lowest was 1.40. And the median was 2.78.


Realtyome Cyclically Adjusted Book per Share Historical Data

The historical data trend for Realtyome'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.

Realtyome Cyclically Adjusted Book per Share Chart

Realtyome 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 - 68.81 79.26 88.15 87.73

Realtyome 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 85.49 85.31 87.91 87.73 90.30

Competitive Comparison of Realtyome's Cyclically Adjusted Book per Share

For the REIT - Retail subindustry, Realtyome'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.


Realtyome's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Realtyome 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, Realtyome'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)
=111.479/131.7762*131.7762
=111.479

Current CPI (Mar. 2024) = 131.7762.

Realtyome Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.246 100.560 34.394
201409 27.122 100.428 35.588
201412 30.651 99.070 40.770
201503 36.354 99.621 48.088
201506 36.865 100.684 48.249
201509 46.266 100.392 60.730
201512 47.548 99.792 62.787
201603 44.801 100.470 58.761
201606 42.503 101.688 55.079
201609 40.002 101.861 51.750
201612 41.069 101.863 53.130
201703 40.289 102.862 51.614
201706 42.093 103.349 53.671
201709 40.879 104.136 51.729
201712 42.730 104.011 54.137
201803 41.901 105.290 52.442
201806 48.601 106.317 60.239
201809 53.430 106.507 66.107
201812 51.708 105.998 64.283
201903 50.466 107.251 62.006
201906 53.540 108.070 65.285
201909 58.734 108.329 71.446
201912 60.127 108.420 73.080
202003 73.905 108.902 89.429
202006 77.779 108.767 94.233
202009 80.635 109.815 96.761
202012 78.213 109.897 93.784
202103 87.013 111.754 102.602
202106 78.300 114.631 90.011
202109 87.079 115.734 99.149
202112 119.803 117.630 134.211
202203 105.482 121.301 114.591
202206 107.591 125.017 113.408
202209 111.775 125.227 117.621
202212 114.048 125.222 120.018
202303 113.189 127.348 117.125
202306 106.635 128.729 109.159
202309 107.989 129.860 109.583
202312 107.253 129.419 109.206
202403 111.479 131.776 111.479

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


Realtyome  (BSP:R1IN34) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=136.00/90.3
=1.51

* 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 Realtyome was 4.00. The lowest was 1.40. And the median was 2.78.


Be Aware

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


Realtyome Cyclically Adjusted Book per Share Related Terms

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


Realtyome (BSP:R1IN34) Business Description

Industry
Traded in Other Exchanges
Address
11995 El Camino Real, San Diego, CA, USA, 92130
Realty Income owns roughly 13,100 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.

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