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Elysee Development (TSXV:ELC) Cyclically Adjusted Book per Share : C$0.59 (As of Mar. 2024)


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What is Elysee Development 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.

Elysee Development's adjusted book value per share for the three months ended in Mar. 2024 was C$0.401. 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$0.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elysee Development's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.30% 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 Elysee Development was 6.50% per year. The lowest was -11.30% per year. And the median was -0.95% per year.

As of today (2024-05-28), Elysee Development's current stock price is C$0.325. Elysee Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.59. Elysee Development's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Elysee Development was 1.71. The lowest was 0.19. And the median was 0.66.


Elysee Development Cyclically Adjusted Book per Share Historical Data

The historical data trend for Elysee Development'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.

Elysee Development Cyclically Adjusted Book per Share Chart

Elysee Development Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.48 0.52 0.55 0.58

Elysee Development Quarterly Data
May19 Aug19 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 0.57 0.58 0.58 0.58 0.59

Competitive Comparison of Elysee Development's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Elysee Development'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.


Elysee Development's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Elysee Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Elysee Development 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, Elysee Development'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)
=0.401/126.2576*126.2576
=0.401

Current CPI (Mar. 2024) = 126.2576.

Elysee Development Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.262 99.394 0.333
201408 0.254 99.315 0.323
201411 0.346 99.078 0.441
201502 0.404 99.078 0.515
201505 0.404 100.263 0.509
201508 0.389 100.579 0.488
201511 0.387 100.421 0.487
201602 0.406 100.421 0.510
201605 0.507 101.765 0.629
201608 0.605 101.686 0.751
201611 0.525 101.607 0.652
201702 0.554 102.476 0.683
201705 0.531 103.108 0.650
201708 0.515 103.108 0.631
201711 0.530 103.740 0.645
201802 0.554 104.688 0.668
201805 0.558 105.399 0.668
201808 0.557 106.031 0.663
201811 0.523 105.478 0.626
201902 0.531 106.268 0.631
201905 0.528 107.927 0.618
201908 0.529 108.085 0.618
201912 0.561 107.769 0.657
202003 0.376 107.927 0.440
202006 0.556 108.401 0.648
202009 0.644 108.164 0.752
202012 0.681 108.559 0.792
202103 0.644 110.298 0.737
202106 0.716 111.720 0.809
202109 0.638 112.905 0.713
202112 0.638 113.774 0.708
202203 0.642 117.646 0.689
202206 0.525 120.806 0.549
202209 0.486 120.648 0.509
202212 0.540 120.964 0.564
202303 0.551 122.702 0.567
202306 0.513 124.203 0.521
202309 0.465 125.230 0.469
202312 0.390 125.072 0.394
202403 0.401 126.258 0.401

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


Elysee Development  (TSXV:ELC) 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.

Elysee Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.325/0.59
=0.55

* 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 Elysee Development was 1.71. The lowest was 0.19. And the median was 0.66.


Be Aware

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


Elysee Development Cyclically Adjusted Book per Share Related Terms

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


Elysee Development (TSXV:ELC) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3
Elysee Development Corp is a diversified investment and venture capital firm with a focus on publicly traded companies in the natural resource sector. is an investment issuer with an actively managed investment portfolio of common shares and other securities, and investments cover a broad range of activities with a focus on natural resources and in particular the precious metals sector. Its investment activities are currently concentrated on junior exploration and mining companies active in the gold and silver sector as well as several technology companies.
Executives
Guido Cloetens 10% Security Holder, Director, Senior Officer

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