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RomReal (OSL:ROM) Cyclically Adjusted Book per Share : kr5.12 (As of Dec. 2023)


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What is RomReal 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.

RomReal's adjusted book value per share for the three months ended in Dec. 2023 was kr4.708. 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 kr5.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, RomReal's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.80% 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 RomReal was -7.70% per year. The lowest was -13.20% per year. And the median was -12.40% per year.

As of today (2024-05-26), RomReal's current stock price is kr2.52. RomReal's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr5.12. RomReal's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of RomReal was 0.49. The lowest was 0.19. And the median was 0.30.


RomReal Cyclically Adjusted Book per Share Historical Data

The historical data trend for RomReal'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.

RomReal Cyclically Adjusted Book per Share Chart

RomReal 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 7.99 6.52 5.77 5.23 5.12

RomReal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.23 5.12 5.15 5.16 5.12

Competitive Comparison of RomReal's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, RomReal'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.


RomReal's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



RomReal 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, RomReal's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.708/129.4194*129.4194
=4.708

Current CPI (Dec. 2023) = 129.4194.

RomReal Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.309 99.695 5.594
201406 4.208 100.560 5.416
201409 4.144 100.428 5.340
201412 4.320 99.070 5.643
201503 4.117 99.621 5.348
201506 4.117 100.684 5.292
201509 4.315 100.392 5.563
201512 4.132 99.792 5.359
201603 4.128 100.470 5.317
201606 3.969 101.688 5.051
201609 3.857 101.861 4.901
201612 3.963 101.863 5.035
201703 4.211 102.862 5.298
201706 4.222 103.349 5.287
201709 4.142 104.136 5.148
201712 4.742 104.011 5.900
201803 4.584 105.290 5.635
201806 4.669 106.317 5.684
201809 4.741 106.507 5.761
201812 4.650 105.998 5.677
201903 4.537 107.251 5.475
201906 4.538 108.070 5.435
201909 4.583 108.329 5.475
201912 4.484 108.420 5.352
202003 5.062 108.902 6.016
202006 4.817 108.767 5.732
202009 4.813 109.815 5.672
202012 3.850 109.897 4.534
202103 3.675 111.754 4.256
202106 3.687 114.631 4.163
202109 3.930 115.734 4.395
202112 4.128 117.630 4.542
202203 4.034 121.301 4.304
202206 4.120 125.017 4.265
202209 4.248 125.227 4.390
202212 4.106 125.222 4.244
202303 4.317 127.348 4.387
202306 4.471 128.729 4.495
202309 4.622 129.860 4.606
202312 4.708 129.419 4.708

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


RomReal  (OSL:ROM) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.52/5.12
=0.49

* 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 RomReal was 0.49. The lowest was 0.19. And the median was 0.30.


Be Aware

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


RomReal Cyclically Adjusted Book per Share Related Terms

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


RomReal (OSL:ROM) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » RomReal Ltd (OSL:ROM) » Definitions » Cyclically Adjusted Book per Share
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Address
16 Burnaby Street, Burnaby Building, Hamilton, BMU, HM11
RomReal Ltd is engaged in property investments and development in Romania. It owns a portfolio of plots in approximately two of the Romanian cities, including Constanta and Bucharest. The company's properties include Ovidiu Lakeside, Oasis Residences, Centrepoint, Gunaydin plot, Badulescu plot, and Balada Market.

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