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Crombie Real Estate Investment Trust (Crombie Real Estate Investment Trust) Cyclically Adjusted Book per Share : $8.23 (As of Mar. 2024)


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What is Crombie Real Estate Investment Trust 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.

Crombie Real Estate Investment Trust's adjusted book value per share for the three months ended in Mar. 2024 was $7.398. 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 $8.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Crombie Real Estate Investment Trust's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Crombie Real Estate Investment Trust was 7.90% per year. The lowest was 5.70% per year. And the median was 7.10% per year.

As of today (2024-05-20), Crombie Real Estate Investment Trust's current stock price is $9.43. Crombie Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.23. Crombie Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Crombie Real Estate Investment Trust was 2.27. The lowest was 1.07. And the median was 1.68.


Crombie Real Estate Investment Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Crombie Real Estate Investment Trust'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.

Crombie Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

Crombie Real Estate Investment Trust 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 6.85 7.35 7.68 8.29 8.29

Crombie Real Estate Investment Trust 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 7.75 8.32 8.64 8.29 8.23

Competitive Comparison of Crombie Real Estate Investment Trust's Cyclically Adjusted Book per Share

For the REIT - Diversified subindustry, Crombie Real Estate Investment Trust'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.


Crombie Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Crombie Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.



Crombie Real Estate Investment Trust 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, Crombie Real Estate Investment Trust'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)
=7.398/126.2576*126.2576
=7.398

Current CPI (Mar. 2024) = 126.2576.

Crombie Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.497 99.473 10.785
201409 8.252 99.394 10.482
201412 7.858 98.367 10.086
201503 7.113 99.789 9.000
201506 7.194 100.500 9.038
201509 6.631 100.421 8.337
201512 6.361 99.947 8.035
201603 6.688 101.054 8.356
201606 7.294 102.002 9.029
201609 7.142 101.765 8.861
201612 7.022 101.449 8.739
201703 6.937 102.634 8.534
201706 7.326 103.029 8.978
201709 7.895 103.345 9.645
201712 7.570 103.345 9.248
201803 7.446 105.004 8.953
201806 7.422 105.557 8.878
201809 7.378 105.636 8.818
201812 7.085 105.399 8.487
201903 7.168 106.979 8.460
201906 7.236 107.690 8.484
201909 7.248 107.611 8.504
201912 7.281 107.769 8.530
202003 6.963 107.927 8.146
202006 7.050 108.401 8.211
202009 7.148 108.164 8.344
202012 7.293 108.559 8.482
202103 7.428 110.298 8.503
202106 7.761 111.720 8.771
202109 7.428 112.905 8.306
202112 7.573 113.774 8.404
202203 7.999 117.646 8.585
202206 7.906 120.806 8.263
202209 7.559 120.648 7.910
202212 7.637 120.964 7.971
202303 7.529 122.702 7.747
202306 7.695 124.203 7.822
202309 7.522 125.230 7.584
202312 7.511 125.072 7.582
202403 7.398 126.258 7.398

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


Crombie Real Estate Investment Trust  (OTCPK:CROMF) 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.

Crombie Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.43/8.23
=1.15

* 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 Crombie Real Estate Investment Trust was 2.27. The lowest was 1.07. And the median was 1.68.


Be Aware

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


Crombie Real Estate Investment Trust Cyclically Adjusted Book per Share Related Terms

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


Crombie Real Estate Investment Trust (Crombie Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
610 East River Road, Suite 200, New Glasgow, NS, CAN, B2H 3S2
Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets. Crombie's major tenants include retailers such as Sobeys, Shoppers Drug Mart, Cineplex, and Province of Nova Scotia. The company's property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, and others.

Crombie Real Estate Investment Trust (Crombie Real Estate Investment Trust) Headlines