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Kaanapali Land LLC (Kaanapali Land LLC) Cyclically Adjusted Book per Share : $54.33 (As of Dec. 2023)


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What is Kaanapali Land LLC 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.

Kaanapali Land LLC's adjusted book value per share for the three months ended in Dec. 2023 was $46.698. 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 $54.33 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kaanapali Land LLC's average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.90% 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 Kaanapali Land LLC was 1.50% per year. The lowest was -3.50% per year. And the median was -2.60% per year.

As of today (2024-04-29), Kaanapali Land LLC's current stock price is $24.75. Kaanapali Land LLC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $54.33. Kaanapali Land LLC's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kaanapali Land LLC was 0.66. The lowest was 0.26. And the median was 0.47.


Kaanapali Land LLC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kaanapali Land LLC'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.

Kaanapali Land LLC Cyclically Adjusted Book per Share Chart

Kaanapali Land LLC 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 53.68 51.90 53.03 54.54 54.33

Kaanapali Land LLC 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 54.54 54.95 55.05 55.05 54.33

Competitive Comparison of Kaanapali Land LLC's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Kaanapali Land LLC'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.


Kaanapali Land LLC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Kaanapali Land LLC 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, Kaanapali Land LLC'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)
=46.698/129.4194*129.4194
=46.698

Current CPI (Dec. 2023) = 129.4194.

Kaanapali Land LLC Quarterly Data

Book Value per Share CPI Adj_Book
201403 51.522 99.695 66.884
201406 51.382 100.560 66.128
201409 51.135 100.428 65.897
201412 49.119 99.070 64.166
201503 48.876 99.621 63.496
201506 48.552 100.684 62.409
201509 48.398 100.392 62.392
201512 46.211 99.792 59.930
201603 45.886 100.470 59.107
201606 45.710 101.688 58.176
201609 45.560 101.861 57.886
201612 42.033 101.863 53.404
201703 41.794 102.862 52.584
201706 41.326 103.349 51.751
201709 43.428 104.136 53.972
201712 47.896 104.011 59.596
201803 47.487 105.290 58.370
201806 47.236 106.317 57.500
201809 46.866 106.507 56.948
201812 46.112 105.998 56.301
201903 45.611 107.251 55.039
201906 45.603 108.070 54.612
201909 44.860 108.329 53.594
201912 44.854 108.420 53.542
202003 44.460 108.902 52.837
202006 43.911 108.767 52.249
202009 43.521 109.815 51.291
202012 43.432 109.897 51.147
202103 41.454 111.754 48.007
202106 41.227 114.631 46.545
202109 40.893 115.734 45.728
202112 44.330 117.630 48.773
202203 45.657 121.301 48.713
202206 45.154 125.017 46.744
202209 44.897 125.227 46.400
202212 44.630 125.222 46.126
202303 44.442 127.348 45.165
202306 46.520 128.729 46.770
202309 46.677 129.860 46.519
202312 46.698 129.419 46.698

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


Kaanapali Land LLC  (OTCPK:KANP) 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.

Kaanapali Land LLC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.75/54.33
=0.46

* 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 Kaanapali Land LLC was 0.66. The lowest was 0.26. And the median was 0.47.


Be Aware

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


Kaanapali Land LLC Cyclically Adjusted Book per Share Related Terms

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


Kaanapali Land LLC (Kaanapali Land LLC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
900 North Michigan Avenue, Chicago, IL, USA, 60611
Kaanapali Land LLC and its subsidiaries operate in Property and Agriculture business segments. Agriculture segment consists of farming, harvesting, and milling operations relating to coffee orchards. Property segment includes the development of land for sale and negotiates bulk sales of undeveloped land. The firm generates the majority of its revenues from the Property segment. All operations of the firm are located in State of Hawaii, United States.
Executives
Richard Helland officer: Vice President 900 N. MICHIGAN AVE., CHICAGO IL 60611
Stephen A Lovelette officer: Executive Vice President 900 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Pacific Trail Holdings, Llc 10 percent owner, other: Sole managing member of issuer 900 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Gailen J Hull officer: Senior Vice President and CFO 900 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Gary Nickele officer: President and CEO 900 NORTH MICHIGAN AVENUE, CHICAGO IL 60611

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