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Land And Houses Residential Freehold And Leasehold REIT (BKK:LHRREIT-F) Cyclically Adjusted Book per Share : ฿12.91 (As of Mar. 2025)


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What is Land And Houses Residential Freehold And Leasehold REIT 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.

Land And Houses Residential Freehold And Leasehold REIT's adjusted book value per share for the three months ended in Mar. 2025 was ฿10.853. 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 ฿12.91 for the trailing ten years ended in Mar. 2025.

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.

As of today (2025-07-22), Land And Houses Residential Freehold And Leasehold REIT's current stock price is ฿4.80. Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿12.91. Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Land And Houses Residential Freehold And Leasehold REIT was 0.70. The lowest was 0.37. And the median was 0.38.


Land And Houses Residential Freehold And Leasehold REIT Cyclically Adjusted Book per Share Historical Data

The historical data trend for Land And Houses Residential Freehold And Leasehold REIT'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.

Land And Houses Residential Freehold And Leasehold REIT Cyclically Adjusted Book per Share Chart

Land And Houses Residential Freehold And Leasehold REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 12.45 12.72 12.82

Land And Houses Residential Freehold And Leasehold REIT Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.91 12.91 12.89 12.82 12.91

Competitive Comparison of Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted Book per Share

For the REIT - Residential subindustry, Land And Houses Residential Freehold And Leasehold REIT'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.


Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio falls into.


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Land And Houses Residential Freehold And Leasehold REIT 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, Land And Houses Residential Freehold And Leasehold REIT's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.853/134.9266*134.9266
=10.853

Current CPI (Mar. 2025) = 134.9266.

Land And Houses Residential Freehold And Leasehold REIT Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.656 100.684 14.280
201509 10.493 100.392 14.103
201512 10.677 99.792 14.436
201603 10.475 100.470 14.067
201606 10.561 101.688 14.013
201609 10.568 101.861 13.999
201612 10.575 101.863 14.008
201703 10.587 102.862 13.887
201706 10.745 103.349 14.028
201709 10.740 104.136 13.916
201712 10.730 104.011 13.919
201803 10.742 105.290 13.766
201806 10.750 106.317 13.643
201809 10.754 106.507 13.624
201812 10.755 105.998 13.690
201903 10.771 107.251 13.550
201906 10.737 108.070 13.405
201909 10.730 108.329 13.364
201912 10.729 108.420 13.352
202003 10.740 108.902 13.307
202006 10.571 108.767 13.113
202009 10.548 109.815 12.960
202012 10.542 109.897 12.943
202103 10.548 111.754 12.735
202106 10.552 114.631 12.420
202109 10.550 115.734 12.300
202112 10.823 117.630 12.414
202203 10.851 121.301 12.070
202206 11.146 125.017 12.030
202209 11.174 125.227 12.040
202212 11.305 125.222 12.181
202303 11.281 127.348 11.952
202306 11.357 128.729 11.904
202309 11.334 129.860 11.776
202312 11.367 129.419 11.851
202403 11.371 131.776 11.643
202406 10.846 132.554 11.040
202409 10.858 133.029 11.013
202412 10.786 133.157 10.929
202503 10.853 134.927 10.853

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


Land And Houses Residential Freehold And Leasehold REIT  (BKK:LHRREIT-F) 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.

Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.80/12.91
=0.37

* 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 Land And Houses Residential Freehold And Leasehold REIT was 0.70. The lowest was 0.37. And the median was 0.38.


Be Aware

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


Land And Houses Residential Freehold And Leasehold REIT Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Land And Houses Residential Freehold And Leasehold REIT Business Description

Traded in Other Exchanges
Address
South Sathon Road, 11 Q.House Sathon Building, 10Floor & Floor 14, Tungmahamek Sathon, Bangkok, THA, 10120
Land And Houses Residential Freehold And Leasehold REIT is a closed-end specific property fund engaged in the rental of immovable properties. Its operations is carried on only in Thailand.

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