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Brookdale Senior Living (Brookdale Senior Living) Cyclically Adjusted Book per Share : $8.77 (As of Dec. 2023)


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What is Brookdale 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.

Brookdale Senior Living's adjusted book value per share for the three months ended in Dec. 2023 was $2.144. 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 $8.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Brookdale Senior Living's average Cyclically Adjusted Book Growth Rate was -5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.90% 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 Brookdale Senior Living was 2.00% per year. The lowest was -5.40% per year. And the median was -2.80% per year.

As of today (2024-04-29), Brookdale Senior Living's current stock price is $6.96. Brookdale Senior Living's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8.77. Brookdale Senior Living's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brookdale Senior Living was 3.34. The lowest was 0.19. And the median was 0.77.


Brookdale Senior Living Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brookdale 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.

Brookdale Senior Living Cyclically Adjusted Book per Share Chart

Brookdale 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 9.90 9.47 9.44 9.27 8.77

Brookdale Senior Living 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 9.27 9.24 9.14 9.02 8.77

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

For the Medical Care Facilities subindustry, Brookdale 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.


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

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

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



Brookdale 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, Brookdale Senior Living'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)
=2.144/129.4194*129.4194
=2.144

Current CPI (Dec. 2023) = 129.4194.

Brookdale Senior Living Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.225 99.695 10.677
201406 8.226 100.560 10.587
201409 16.261 100.428 20.955
201412 15.407 99.070 20.127
201503 14.671 99.621 19.059
201506 14.261 100.684 18.331
201509 13.956 100.392 17.991
201512 13.056 99.792 16.932
201603 13.023 100.470 16.775
201606 12.876 101.688 16.387
201609 12.634 101.861 16.052
201612 11.206 101.863 14.238
201703 10.193 102.862 12.825
201706 10.000 103.349 12.523
201709 8.102 104.136 10.069
201712 8.003 104.011 9.958
201803 5.573 105.290 6.850
201806 4.753 106.317 5.786
201809 4.591 106.507 5.579
201812 5.297 105.998 6.467
201903 4.719 107.251 5.694
201906 4.457 108.070 5.338
201909 4.083 108.329 4.878
201912 3.624 108.420 4.326
202003 5.584 108.902 6.636
202006 4.989 108.767 5.936
202009 4.480 109.815 5.280
202012 4.262 109.897 5.019
202103 3.700 111.754 4.285
202106 3.280 114.631 3.703
202109 4.234 115.734 4.735
202112 3.730 117.630 4.104
202203 3.188 121.301 3.401
202206 2.757 125.017 2.854
202209 2.623 125.227 2.711
202212 3.111 125.222 3.215
202303 2.865 127.348 2.912
202306 2.857 128.729 2.872
202309 2.613 129.860 2.604
202312 2.144 129.419 2.144

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


Brookdale Senior Living  (NYSE:BKD) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.96/8.77
=0.79

* 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 Brookdale Senior Living was 3.34. The lowest was 0.19. And the median was 0.77.


Be Aware

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


Brookdale Senior Living Cyclically Adjusted Book per Share Related Terms

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


Brookdale Senior Living (Brookdale Senior Living) Business Description

Traded in Other Exchanges
Address
111 Westwood Place, Suite 400, Brentwood, TN, USA, 37027
Brookdale operates senior living communities throughout the United States. Private pay customers contribute the majority of its resident fees. Brookdale's retirement centers are targeted toward middle- to upper-income seniors, typically over the age of 75. It provides basic services, like meals and housekeeping, and supplemental-care services to assist residents with daily activities. Brookdale's assisted living communities offer 24-hour assistance with daily activities and include memory-care communities that are specifically designed for residents with Alzheimer's disease or other dementia. Its continuing-care retirement centers are large communities that accommodate all levels of physical ability and health. The majority of the firm's revenue comes from assisted living resident fees.
Executives
Marcus E Bromley director
Jordan R Asher director C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Benjamin J. Ricci officer: Division Vice President 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Laura E. Fischer officer: Division Vice President 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Frank M Bumstead director 2300 CHARLOTTE AVENUE, STE 103, NASHVILLE TN 37203
Jaclyn C Pritchett officer: EVP - Human Resources 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lucinda M Baier officer: Chief Financial Officer 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
George T Hicks officer: Executive Vice President BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Kevin W Bowman officer: EVP-Community Operations 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Rita Johnson-mills director C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lee S Wielansky director PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Denise Wilder Warren director 6600 WALL STREET, MOBILE AL 36695
Cindy Kent officer: EVP & President Senior Housing 7601 PENN AVENUE SOUTH, RICHFIELD MN 55418
Vicki L Freed director 6262 SUNSET DRIVE, MIAMI FL 33143
Guy P Sansone director C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323