GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sienna Senior Living Inc (TSX:SIA) » Definitions » Cyclically Adjusted Book per Share

Sienna Senior Living (TSX:SIA) Cyclically Adjusted Book per Share : C$7.61 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Sienna Senior Living 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.

Sienna Senior Living's adjusted book value per share for the three months ended in Mar. 2024 was C$5.159. 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 C$7.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sienna Senior Living's average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Sienna Senior Living was 1.00% per year. The lowest was 1.00% per year. And the median was 1.00% per year.

As of today (2024-05-27), Sienna Senior Living's current stock price is C$14.60. Sienna Senior Living's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$7.61. Sienna Senior Living's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sienna Senior Living was 2.26. The lowest was 1.21. And the median was 1.69.


Sienna Senior Living Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sienna Senior Living'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.

Sienna Senior Living Cyclically Adjusted Book per Share Chart

Sienna Senior Living 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 - 7.37 7.43 7.64 7.60

Sienna Senior Living 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 7.68 7.71 7.71 7.60 7.61

Competitive Comparison of Sienna Senior Living's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Sienna Senior Living'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.


Sienna Senior Living's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sienna Senior Living's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sienna Senior Living 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, Sienna Senior Living'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)
=5.159/126.2576*126.2576
=5.159

Current CPI (Mar. 2024) = 126.2576.

Sienna Senior Living Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.873 99.473 7.454
201409 5.696 99.394 7.235
201412 5.487 98.367 7.043
201503 5.288 99.789 6.691
201506 5.113 100.500 6.423
201509 4.995 100.421 6.280
201512 4.849 99.947 6.125
201603 4.649 101.054 5.809
201606 4.647 102.002 5.752
201609 6.624 101.765 8.218
201612 6.511 101.449 8.103
201703 6.404 102.634 7.878
201706 6.350 103.029 7.782
201709 6.277 103.345 7.669
201712 7.468 103.345 9.124
201803 8.861 105.004 10.655
201806 8.925 105.557 10.675
201809 8.796 105.636 10.513
201812 8.593 105.399 10.294
201903 8.399 106.979 9.913
201906 8.230 107.690 9.649
201909 8.093 107.611 9.495
201912 7.937 107.769 9.299
202003 7.695 107.927 9.002
202006 7.363 108.401 8.576
202009 7.035 108.164 8.212
202012 6.674 108.559 7.762
202103 6.599 110.298 7.554
202106 6.385 111.720 7.216
202109 6.218 112.905 6.953
202112 6.054 113.774 6.718
202203 6.859 117.646 7.361
202206 6.482 120.806 6.775
202209 6.282 120.648 6.574
202212 5.960 120.964 6.221
202303 5.721 122.702 5.887
202306 5.550 124.203 5.642
202309 5.350 125.230 5.394
202312 5.122 125.072 5.171
202403 5.159 126.258 5.159

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


Sienna Senior Living  (TSX:SIA) 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.

Sienna Senior Living's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.60/7.61
=1.92

* 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 Sienna Senior Living was 2.26. The lowest was 1.21. And the median was 1.69.


Be Aware

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


Sienna Senior Living Cyclically Adjusted Book per Share Related Terms

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


Sienna Senior Living (TSX:SIA) Business Description

Traded in Other Exchanges
Address
302 Town Centre Boulevard, Suite 300, Markham, ON, CAN, L3R 0E8
Sienna Senior Living Inc is one of the largest owners of seniors' housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement, and Other. LTC business division consists of approximately 34 LTC residences in the Province of Ontario, eight seniors' living residences located in the Province of British Columbia and the LTC management services business. The group derives a majority of its revenue from LTC segment.
Executives
Barbara Bellissimo Director

Sienna Senior Living (TSX:SIA) Headlines

No Headlines