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Canal Capital (Canal Capital) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Canal Capital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canal Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Canal Capital's Cyclically Adjusted PB Ratio 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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Canal Capital Cyclically Adjusted PB Ratio Chart

Canal Capital Annual Data
Trend Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11
Cyclically Adjusted PB Ratio
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Canal Capital Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12
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Competitive Comparison of Canal Capital's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Canal Capital'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.


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

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

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



Canal Capital Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Canal Capital's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2012 is calculated as:

For example, Canal Capital's adjusted Book Value per Share data for the three months ended in Jul. 2012 was:

Adj_Book=Book Value per Share/CPI of Jul. 2012 (Change)*Current CPI (Jul. 2012)
=0.301/96.6614*96.6614
=0.301

Current CPI (Jul. 2012) = 96.6614.

Canal Capital Quarterly Data

Book Value per Share CPI Adj_Book
200210 0.444 76.492 0.561
200301 0.487 76.661 0.614
200304 0.488 77.547 0.608
200307 0.434 77.589 0.541
200310 0.312 78.054 0.386
200401 0.302 78.138 0.374
200404 0.283 79.319 0.345
200407 0.242 79.910 0.293
200410 0.192 80.543 0.230
200501 0.408 80.458 0.490
200504 0.398 82.104 0.469
200507 0.453 82.441 0.531
200510 0.402 84.045 0.462
200601 0.431 83.665 0.498
200604 0.453 85.015 0.515
200607 0.416 85.859 0.468
200610 0.382 85.142 0.434
200701 0.394 85.402 0.446
200704 0.357 87.203 0.396
200707 0.293 87.884 0.322
200710 0.207 88.152 0.227
200801 0.219 89.057 0.238
200804 0.190 90.636 0.203
200807 0.291 92.805 0.303
200810 0.148 91.375 0.157
200901 0.127 89.084 0.138
200904 0.155 89.968 0.167
200907 0.098 90.859 0.104
200910 0.184 91.207 0.195
201001 0.074 91.423 0.078
201004 0.065 91.980 0.068
201007 0.014 91.981 0.015
201010 0.316 92.277 0.331
201101 0.072 92.914 0.075
201104 0.058 94.890 0.059
201107 0.005 95.319 0.005
201110 0.139 95.529 0.141
201201 0.146 95.632 0.148
201204 0.186 97.075 0.185
201207 0.301 96.661 0.301

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


Canal Capital  (OTCPK:COWP) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Canal Capital Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Canal Capital's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Canal Capital (Canal Capital) Business Description

Traded in Other Exchanges
N/A
Address
4 Morris Street, Port Jefferson Station, New York, NY, USA, 11776
Website
Canal Capital Corp is engaged in stockyard operations and real estate business. It develops and restructures real estate lots surrounding its existing operating lease properties, stockyard operating properties & properties held for development or resale.
Executives
Asher B Edelman other: Member of 10% Group C/O PERINI CORP, 73 MT WAYTE AVE, FRAMINGHAM MA 01701

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