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Realtyome (Realtyome) Cyclically Adjusted Book per Share : $35.23 (As of Dec. 2023)


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What is Realtyome 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.

Realtyome's adjusted book value per share for the three months ended in Dec. 2023 was $43.778. 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 $35.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Realtyome's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 Realtyome was 12.60% per year. The lowest was 1.40% per year. And the median was 7.90% per year.

As of today (2024-04-27), Realtyome's current stock price is $53.71. Realtyome's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $35.23. Realtyome's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Realtyome was 4.01. The lowest was 1.40. And the median was 2.79.


Realtyome Cyclically Adjusted Book per Share Historical Data

The historical data trend for Realtyome'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.

Realtyome Cyclically Adjusted Book per Share Chart

Realtyome 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 22.90 24.87 28.37 32.73 35.23

Realtyome 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 32.73 33.63 34.35 35.01 35.23

Competitive Comparison of Realtyome's Cyclically Adjusted Book per Share

For the REIT - Retail subindustry, Realtyome'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.


Realtyome's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Realtyome 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, Realtyome'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)
=43.778/129.4194*129.4194
=43.778

Current CPI (Dec. 2023) = 129.4194.

Realtyome Quarterly Data

Book Value per Share CPI Adj_Book
201403 22.715 99.695 29.488
201406 23.476 100.560 30.213
201409 23.202 100.428 29.900
201412 23.203 99.070 30.311
201503 23.145 99.621 30.068
201506 23.694 100.684 30.456
201509 23.707 100.392 30.562
201512 24.504 99.792 31.779
201603 24.230 100.470 31.212
201606 24.831 101.688 31.603
201609 24.592 101.861 31.245
201612 24.490 101.863 31.115
201703 25.764 102.862 32.416
201706 25.547 103.349 31.991
201709 26.100 104.136 32.437
201712 25.936 104.011 32.272
201803 25.557 105.290 31.414
201806 25.776 106.317 31.377
201809 26.008 106.507 31.603
201812 26.630 105.998 32.514
201903 26.279 107.251 31.711
201906 27.772 108.070 33.259
201909 28.515 108.329 34.066
201912 29.298 108.420 34.973
202003 30.250 108.902 35.949
202006 29.982 108.767 35.675
202009 29.865 109.815 35.197
202012 30.405 109.897 35.806
202103 30.882 111.754 35.764
202106 31.142 114.631 35.159
202109 32.991 115.734 36.892
202112 42.371 117.630 46.618
202203 42.393 121.301 45.230
202206 42.630 125.017 44.131
202209 42.633 125.227 44.060
202212 43.485 125.222 44.943
202303 43.462 127.348 44.169
202306 43.940 128.729 44.176
202309 43.732 129.860 43.584
202312 43.778 129.419 43.778

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


Realtyome  (NYSE:O) 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.

Realtyome's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.71/35.23
=1.52

* 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 Realtyome was 4.01. The lowest was 1.40. And the median was 2.79.


Be Aware

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


Realtyome Cyclically Adjusted Book per Share Related Terms

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


Realtyome (Realtyome) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Realty Income Corp (NYSE:O) » Definitions » Cyclically Adjusted Book per Share
Address
11995 El Camino Real, San Diego, CA, USA, 92130
Realty Income owns roughly 13,100 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.
Executives
A. Larry Chapman director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Neil Abraham officer: EVP, CIO 11995 EL CAMINO REAL, SAN DIEGO CA 92130
Gregory J. Whyte officer: EVP, Chief Operating Officer C/O TIER REIT, INC., 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Mary Hogan Preusse director C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Priscilla Almodovar director 45 WEST 10TH STREET, NEW YORK NY 10011
Shannon Kehle officer: EVP, Chief People Officer 11995 EL CAMINO REAL, SAN DIEGO CA 92130
Ronald Merriman director 6175 NANCY RIDGE, SAN DIEGO CA 92121
Gregory Mclaughlin director 220 WEST CREST STREET, ESCONDIDO CA 92025
Jacqueline Valerie Brady director 53 CREEKVIEW LANE, YARDLEY PA 19067
Michelle Bushore officer: EVP, CLO, GC & Secretary 11995 EL CAMINO REAL, SAN DIEGO CA 92130
Priya Cherian Huskins director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Christie B. Kelly director 600 E. 96TH ST., #100, INDIANAPOLIS IN 46240
Paul M Meurer officer: EVP CFO & Treasure
Michael R Pfeiffer officer: EVP Gen. Counsel & Sec.
Benjamin N Fox officer: SVP, Asset & Port. Mgmt. 11995 EL CAMINO REAL, SAN DIEGO CA 92130