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Wheeler Real Estate Investment Trust (Wheeler Real Estate Investment Trust) Cyclically Adjusted Book per Share : $17.92 (As of Dec. 2023)


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What is Wheeler Real Estate Investment Trust 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.

Wheeler Real Estate Investment Trust's adjusted book value per share for the three months ended in Dec. 2023 was $-1.241. 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 $17.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Wheeler Real Estate Investment Trust's average Cyclically Adjusted Book Growth Rate was -62.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -32.60% 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 Wheeler Real Estate Investment Trust was -32.60% per year. The lowest was -32.60% per year. And the median was -32.60% per year.

As of today (2024-04-29), Wheeler Real Estate Investment Trust's current stock price is $0.147. Wheeler Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $17.92. Wheeler Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wheeler Real Estate Investment Trust was 0.92. The lowest was 0.01. And the median was 0.34.


Wheeler Real Estate Investment Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wheeler Real Estate Investment Trust'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.

Wheeler Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

Wheeler Real Estate Investment Trust 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 - 58.59 55.59 47.50 17.92

Wheeler Real Estate Investment Trust 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 47.50 40.57 33.21 24.29 17.92

Competitive Comparison of Wheeler Real Estate Investment Trust's Cyclically Adjusted Book per Share

For the REIT - Retail subindustry, Wheeler Real Estate Investment Trust'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.


Wheeler Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Wheeler Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.



Wheeler Real Estate Investment Trust 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, Wheeler Real Estate Investment Trust'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)
=-1.241/129.4194*129.4194
=-1.241

Current CPI (Dec. 2023) = 129.4194.

Wheeler Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201403 170.510 99.695 221.349
201406 128.199 100.560 164.991
201409 69.642 100.428 89.746
201412 37.185 99.070 48.577
201503 -23.783 99.621 -30.897
201506 111.483 100.684 143.301
201509 104.540 100.392 134.767
201512 97.468 99.792 126.405
201603 88.436 100.470 113.917
201606 81.041 101.688 103.142
201609 29.197 101.861 37.096
201612 63.086 101.863 80.153
201703 55.439 102.862 69.752
201706 48.962 103.349 61.313
201709 40.884 104.136 50.811
201712 25.320 104.011 31.505
201803 21.391 105.290 26.293
201806 19.310 106.317 23.506
201809 15.526 106.507 18.866
201812 0.639 105.998 0.780
201903 -1.210 107.251 -1.460
201906 -11.156 108.070 -13.360
201909 -14.815 108.329 -17.699
201912 -18.168 108.420 -21.687
202003 -22.766 108.902 -27.055
202006 -25.156 108.767 -29.932
202009 -26.255 109.815 -30.942
202012 -27.524 109.897 -32.413
202103 -29.482 111.754 -34.142
202106 -34.179 114.631 -38.588
202109 -33.221 115.734 -37.149
202112 -40.925 117.630 -45.027
202203 -47.860 121.301 -51.063
202206 -49.243 125.017 -50.977
202209 -54.620 125.227 -56.449
202212 -61.799 125.222 -63.871
202303 -67.105 127.348 -68.197
202306 -73.463 128.729 -73.857
202309 -103.915 129.860 -103.563
202312 -1.241 129.419 -1.241

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


Wheeler Real Estate Investment Trust  (NAS:WHLR) 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.

Wheeler Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.147/17.92
=0.01

* 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 Wheeler Real Estate Investment Trust was 0.92. The lowest was 0.01. And the median was 0.34.


Be Aware

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


Wheeler Real Estate Investment Trust Cyclically Adjusted Book per Share Related Terms

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


Wheeler Real Estate Investment Trust (Wheeler Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
2529 Virginia Beach Boulevard, Virginia Beach, VA, USA, 23452
Wheeler Real Estate Investment Trust Inc is a self-managed commercial real estate investment company. It owns, leases and operates income-producing retail properties with a primary focus on grocery-anchored centers. The company's properties include Alex City Marketplace in Alexander City, Alabama; Bryan Station in Lexington, Kentucky; Cardinal Plaza in Henderson, North Carolina; Clover Plaza in Clover, South Carolina; Winslow Plaza in Sicklerville, New Jersey and many more.
Executives
Joseph Stilwell director, 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Steamboat Capital Partners, Llc 10 percent owner 24 MAPLE AVENUE, RYE NY 10580
Corbin Capital Partners, L.p. 10 percent owner 590 MADISON AVENUE, NEW YORK NY 10022
Ceof Holdings Lp 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Corbin Capital Partners Gp, Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Stilwell Associates L P 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Dennis Pollack director 3 PENNS TRAIL, NEWTOWN PA 18940
Kerry G. Campbell director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Megan Parisi director 200 CALLE DEL SANTO CRISTO, SEGUNDO PISO, SAN JUAN PR 00901
David J. Snyderman 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Parsa Kiai 10 percent owner 420 LEXINGTON AVENUE, SUITE 2300, NY NY 10170
Michael Andrew Franklin officer: Interim CEO RIVERSEDGE NORTH, 2529 VIRGINIA BEACH BLVD, SUITE 200, VIRGINIA BEACH VA 23452
Supernova Management Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Alec N Litowitz 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Magnetar Capital Partners Lp 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201

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