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Healthcare Trust of America (FRA:HT01) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2022)


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What is Healthcare Trust of America 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.

Healthcare Trust of America's adjusted book value per share for the three months ended in Mar. 2022 was €12.734. 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 €0.00 for the trailing ten years ended in Mar. 2022.

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 (2024-05-26), Healthcare Trust of America's current stock price is €28.60. Healthcare Trust of America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 was €0.00. Healthcare Trust of America's Cyclically Adjusted PB Ratio of today is .


Healthcare Trust of America Cyclically Adjusted Book per Share Historical Data

The historical data trend for Healthcare Trust of America'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.

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Healthcare Trust of America Cyclically Adjusted Book per Share Chart

Healthcare Trust of America Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
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Healthcare Trust of America Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Healthcare Trust of America's Cyclically Adjusted Book per Share

For the REIT - Healthcare Facilities subindustry, Healthcare Trust of America'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.


Healthcare Trust of America's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Healthcare Trust of America's Cyclically Adjusted PB Ratio falls into.



Healthcare Trust of America 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, Healthcare Trust of America's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book= Book Value per Share /CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=12.734/121.3010*121.3010
=12.734

Current CPI (Mar. 2022) = 121.3010.

Healthcare Trust of America Quarterly Data

Book Value per Share CPI Adj_Book
201206 10.257 96.819 12.851
201209 9.314 97.633 11.572
201212 8.905 96.871 11.151
201303 9.148 98.209 11.299
201306 8.922 98.518 10.985
201309 8.921 98.790 10.954
201312 8.550 98.326 10.548
201403 8.283 99.695 10.078
201406 8.297 100.560 10.008
201409 8.633 100.428 10.427
201412 9.383 99.070 11.489
201503 10.467 99.621 12.745
201506 9.910 100.684 11.939
201509 9.864 100.392 11.918
201512 9.969 99.792 12.118
201603 9.925 100.470 11.983
201606 10.465 101.688 12.483
201609 10.763 101.861 12.817
201612 11.287 101.863 13.441
201703 10.924 102.862 12.882
201706 14.288 103.349 16.770
201709 13.276 104.136 15.464
201712 13.522 104.011 15.770
201803 12.767 105.290 14.708
201806 13.412 106.317 15.302
201809 13.869 106.507 15.795
201812 13.943 105.998 15.956
201903 13.797 107.251 15.604
201906 13.604 108.070 15.270
201909 13.769 108.329 15.418
201912 13.962 108.420 15.621
202003 13.836 108.902 15.411
202006 13.349 108.767 14.887
202009 12.478 109.815 13.783
202012 11.937 109.897 13.176
202103 12.013 111.754 13.039
202106 11.762 114.631 12.446
202109 11.956 115.734 12.531
202112 12.596 117.630 12.989
202203 12.734 121.301 12.734

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


Healthcare Trust of America  (FRA:HT01) 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.


Be Aware

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


Healthcare Trust of America Cyclically Adjusted Book per Share Related Terms

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


Healthcare Trust of America (FRA:HT01) Business Description

Industry
Traded in Other Exchanges
N/A
Address
16435 North Scottsdale Road, Suite 320, Scottsdale, AZ, USA, 85254
Healthcare Trust of America Inc is a healthcare facility REIT. The company operates one segment, which engages in acquiring and operating medical office buildings. The company generates all of its revenue in the United States. It relies on its in-house leasing platform in order to generate scale, maximize expense efficiency, and build tenant relationships. Its strategy focuses on stable cash flows with relatively low vacancy risk, with consideration of merger and acquisition investment to supplement its operational growth strategy.

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