GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Healthcare Trust of America Inc (NYSE:HTA) » Definitions » Cyclically Adjusted Book per Share

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


View and export this data going back to 2012. Start your Free Trial

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 $14.025. 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 (2024-05-05), Healthcare Trust of America's current stock price is $29.19. 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.

* Premium members only.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

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
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 - - - - -

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)
=14.025/121.3010*121.3010
=14.025

Current CPI (Mar. 2022) = 121.3010.

Healthcare Trust of America Quarterly Data

Book Value per Share CPI Adj_Book
201206 12.870 96.819 16.124
201209 12.003 97.633 14.913
201212 11.687 96.871 14.634
201303 11.849 98.209 14.635
201306 11.770 98.518 14.492
201309 11.927 98.790 14.645
201312 11.712 98.326 14.449
201403 11.456 99.695 13.939
201406 11.273 100.560 13.598
201409 11.125 100.428 13.437
201412 11.569 99.070 14.165
201503 11.328 99.621 13.793
201506 11.122 100.684 13.399
201509 11.071 100.392 13.377
201512 10.859 99.792 13.199
201603 11.052 100.470 13.343
201606 11.758 101.688 14.026
201609 12.080 101.861 14.385
201612 11.906 101.863 14.178
201703 11.683 102.862 13.777
201706 16.053 103.349 18.841
201709 15.823 104.136 18.431
201712 16.002 104.011 18.662
201803 15.743 105.290 18.137
201806 15.668 106.317 17.876
201809 16.183 106.507 18.431
201812 15.862 105.998 18.152
201903 15.590 107.251 17.632
201906 15.371 108.070 17.253
201909 15.164 108.329 16.980
201912 15.514 108.420 17.357
202003 15.289 108.902 17.030
202006 15.032 108.767 16.764
202009 14.698 109.815 16.235
202012 14.522 109.897 16.029
202103 14.301 111.754 15.523
202106 14.171 114.631 14.996
202109 14.065 115.734 14.742
202112 14.233 117.630 14.677
202203 14.025 121.301 14.025

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  (NYSE:HTA) 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 (Healthcare Trust of America) 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.
Executives
Reshma Block director 16435 N SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Amanda Houghton officer: EVP ? Asset Management 16435 N. SCOTTSDALE ROAD #320, SCOTTSDALE AZ 85254
Robert A Milligan officer: EVP - Corporate Finance 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Warren D Fix director 8261 E. 21ST STREET NORTH, SUITE 200, WICHTA KS 67206-2991
Blair W Bradley Ii director C/O GOLF TRUST OF AMERICA INC, 14 N. ADGERS WHARF, CHARLESTON SC 29401
Vicki U Booth director C/O HEALTHCARE TRUST OF AMERICA, INC., 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Henry Lee Cooper director C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Jay P Leupp director 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Scott D Peters director, officer: CEO, President & Chairman 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Daniel S Henson director C/O HEALTHCARE TRUST OF AMERICA, INC., 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Roberta B Bowman director C/O HEALTHCARE TRUST OF AMERICA, INC., 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Peter N Foss director 4725 PIEDMONT ROW DRIVE, CHARLOTTE NC 28210
Mark David Engstrom officer: EVP - Acquisitions 16427 N. SCOTTSDALE ROAD, SUITE 440, SCOTTSDALE AZ 85254
Maurice J Dewald director C/O TARGETED MEDICAL PHARMA, INC., 2980 BEVERLY GLEN CIRCLE, SUITE 100, LOS ANGELES CA 90077