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Genesis Land Development (Genesis Land Development) Cyclically Adjusted PB Ratio : 0.58 (As of Apr. 28, 2024)


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What is Genesis Land Development Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Genesis Land Development's current share price is $2.00. Genesis Land Development's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.44. Genesis Land Development's Cyclically Adjusted PB Ratio for today is 0.58.

The historical rank and industry rank for Genesis Land Development's Cyclically Adjusted PB Ratio or its related term are showing as below:

GNLAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.68   Max: 1.44
Current: 0.67

During the past years, Genesis Land Development's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.21. And the median was 0.68.

GNLAF's Cyclically Adjusted PB Ratio is ranked worse than
50.43% of 1285 companies
in the Real Estate industry
Industry Median: 0.66 vs GNLAF: 0.67

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.

Genesis Land Development's adjusted book value per share data for the three months ended in Dec. 2023 was $3.033. 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 $3.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genesis Land Development Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Genesis Land Development'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.

* Premium members only.

Genesis Land Development Cyclically Adjusted PB Ratio Chart

Genesis Land Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.43 0.53 0.45 0.50

Genesis Land Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 0.45 0.48 0.43 0.49 0.50

Competitive Comparison of Genesis Land Development's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Genesis Land Development'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.


Genesis Land Development's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Genesis Land Development 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.

Genesis Land Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.00/3.44
=0.58

* 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.

Genesis Land Development's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Genesis Land Development'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)
=3.033/125.4675*125.4675
=3.033

Current CPI (Dec. 2023) = 125.4675.

Genesis Land Development Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.407 98.604 4.335
201406 3.526 99.473 4.447
201409 3.545 99.394 4.475
201412 3.434 98.367 4.380
201503 3.141 99.789 3.949
201506 3.226 100.500 4.027
201509 3.075 100.421 3.842
201512 2.986 99.947 3.748
201603 3.137 101.054 3.895
201606 3.264 102.002 4.015
201609 3.248 101.765 4.005
201612 3.015 101.449 3.729
201703 3.025 102.634 3.698
201706 3.109 103.029 3.786
201709 3.275 103.345 3.976
201712 3.118 103.345 3.785
201803 3.089 105.004 3.691
201806 3.057 105.557 3.634
201809 2.929 105.636 3.479
201812 2.896 105.399 3.447
201903 2.917 106.979 3.421
201906 2.926 107.690 3.409
201909 2.943 107.611 3.431
201912 2.987 107.769 3.478
202003 2.714 107.927 3.155
202006 2.853 108.401 3.302
202009 2.987 108.164 3.465
202012 2.993 108.559 3.459
202103 3.074 110.298 3.497
202106 3.207 111.720 3.602
202109 3.135 112.905 3.484
202112 3.141 113.774 3.464
202203 3.169 117.646 3.380
202206 3.135 120.806 3.256
202209 2.977 120.648 3.096
202212 2.908 120.964 3.016
202303 2.912 122.702 2.978
202306 2.990 124.203 3.020
202309 2.964 125.230 2.970
202312 3.033 125.468 3.033

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.


Genesis Land Development  (OTCPK:GNLAF) 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.


Genesis Land Development Cyclically Adjusted PB Ratio Related Terms

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


Genesis Land Development (Genesis Land Development) Business Description

Traded in Other Exchanges
Address
6240, 333 - 96 Avenue NE, Calgary, AB, CAN, T3K 0S3
Genesis Land Development Corp is a Canada-based land developer and home builder. The company is engaged in the acquisition, development, and sale of land, residential lots, and homes mainly in the greater Calgary area. The company has two business segments: Land development and Homebuilding. It earns the majority of its revenue from the home building segment.

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