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Bluegreen Vacations Holding (Bluegreen Vacations Holding) Cyclically Adjusted Book per Share : $24.18 (As of Sep. 2023)


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What is Bluegreen Vacations Holding 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.

Bluegreen Vacations Holding's adjusted book value per share for the three months ended in Sep. 2023 was $13.872. 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 $24.18 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Bluegreen Vacations Holding's average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Bluegreen Vacations Holding was 7.20% per year. The lowest was -3.90% per year. And the median was -0.75% per year.

As of today (2024-05-05), Bluegreen Vacations Holding's current stock price is $75.00. Bluegreen Vacations Holding's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $24.18. Bluegreen Vacations Holding's Cyclically Adjusted PB Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bluegreen Vacations Holding was 3.11. The lowest was 0.23. And the median was 0.85.


Bluegreen Vacations Holding Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bluegreen Vacations Holding'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.

Bluegreen Vacations Holding Cyclically Adjusted Book per Share Chart

Bluegreen Vacations Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.76 20.77 21.41 22.99 23.86

Bluegreen Vacations Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 24.21 23.86 23.93 24.07 24.18

Competitive Comparison of Bluegreen Vacations Holding's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, Bluegreen Vacations Holding'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.


Bluegreen Vacations Holding's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bluegreen Vacations Holding 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, Bluegreen Vacations Holding's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=13.872/129.8595*129.8595
=13.872

Current CPI (Sep. 2023) = 129.8595.

Bluegreen Vacations Holding Quarterly Data

Book Value per Share CPI Adj_Book
201312 15.230 98.326 20.114
201403 15.457 99.695 20.134
201406 15.952 100.560 20.600
201409 15.661 100.428 20.251
201412 15.149 99.070 19.857
201503 15.379 99.621 20.047
201506 20.393 100.684 26.302
201509 20.918 100.392 27.058
201512 22.282 99.792 28.995
201603 22.776 100.470 29.438
201606 23.028 101.688 29.408
201609 23.483 101.861 29.938
201612 23.187 101.863 29.560
201703 24.376 102.862 30.774
201706 25.030 103.349 31.451
201709 25.405 104.136 31.681
201712 29.375 104.011 36.675
201803 30.053 105.290 37.066
201806 29.382 106.317 35.888
201809 29.648 106.507 36.149
201812 29.480 105.998 36.116
201903 29.546 107.251 35.774
201906 29.057 108.070 34.916
201909 30.446 108.329 36.497
201912 30.047 108.420 35.989
202003 28.523 108.902 34.012
202006 26.703 108.767 31.881
202009 9.178 109.815 10.853
202012 9.726 109.897 11.493
202103 9.880 111.754 11.481
202106 10.625 114.631 12.036
202109 11.264 115.734 12.639
202112 11.713 117.630 12.931
202203 12.382 121.301 13.256
202206 12.418 125.017 12.899
202209 12.828 125.227 13.303
202212 10.844 125.222 11.246
202303 11.419 127.348 11.644
202306 12.685 128.729 12.796
202309 13.872 129.860 13.872

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


Bluegreen Vacations Holding  (NYSE:BVH) 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.

Bluegreen Vacations Holding's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=75.00/24.18
=3.10

* 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 Bluegreen Vacations Holding was 3.11. The lowest was 0.23. And the median was 0.85.


Be Aware

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


Bluegreen Vacations Holding Cyclically Adjusted Book per Share Related Terms

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


Bluegreen Vacations Holding (Bluegreen Vacations Holding) Business Description

Traded in Other Exchanges
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Holding Corp is a vacation ownership company that markets and sells vacation ownership interests (VOIs) & manages resorts in popular leisure and urban destinations. The firm operates in two segments: Sales of VOIs and financing & Resort Operations and Club Management. The majority is from the Sales of VOIs and financing segment. The Sales of VOIs and Financing segment includes the Company's marketing and sales activities related to the VOIs that are owned by the Company, VOIs acquired under just-in-time and secondary market inventory arrangements, or sales of VOIs through fee-for-service arrangements with third-party developers, as well as consumer financing activities in connection with sales of VOIs owned by the Company, and title services operations.
Executives
John E Abdo director, 10 percent owner, officer: Vice Chairman of the Board P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner, officer: Chairman of the Bd/President P. O. BOX 39000, FT LAUDERDALE FL 33303
De La Osa Jorge officer: EVP, Chief Legal 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Mark Nerenhausen director 1221 MT CURVE AVE, MINNEAPOLIS MN 55403
Ahmad M Wardak officer: EVP, Chief Brand Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Arnold Sevell director 4960 CONFERENCE WAY N, SUITE 100, BOCA RATON FL 33431
Allmand James R Iii director PO BOX 267068, WESTON FL 33326
Orlando Sharpe director C/O SHARPE PROJECT DEVELOPMENTS, INC., 1212 S. ANDREWS AVE., STE. 203, FORT LAUDERDALE FL 33316
Lawrence A Cirillo director 755 SATURN STREET, APT I 104, JUPITER FL 33477
Gregory Adam Haile director 401 EAST LAS OLAS BLVD SUITE 800, FORT LAUDERDALE FL 33301
Cagnetta Andrew R. Jr. director 401 EAST LAS OLAS BOULEVARD, SUITE 800, FORT LAUDERDALE FL 33301
Brett Sheppard officer: Chief Accounting Officer 201 EAST LAS OLAS BOULEVARD, SUITE 1900, FORT LAUDERDALE FL 33301
Winningham Charlie C Ii director P. O. BOX 39001, FT LAUDERDALE FL 33303