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Heliopolis Housing & Development (CAI:HELI) Cyclically Adjusted Book per Share : E£0.76 (As of Dec. 2023)


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What is Heliopolis Housing & Development 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.

Heliopolis Housing & Development's adjusted book value per share for the three months ended in Dec. 2023 was E£6.563. 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 E£0.76 for the trailing ten years ended in Dec. 2023.

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 (2024-06-07), Heliopolis Housing & Development's current stock price is E£11.30. Heliopolis Housing & Development's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was E£0.76. Heliopolis Housing & Development's Cyclically Adjusted PB Ratio of today is 14.87.

During the past 9 years, the highest Cyclically Adjusted PB Ratio of Heliopolis Housing & Development was 20.93. The lowest was 12.24. And the median was 17.55.


Heliopolis Housing & Development Cyclically Adjusted Book per Share Historical Data

The historical data trend for Heliopolis Housing & Development'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.

Heliopolis Housing & Development Cyclically Adjusted Book per Share Chart

Heliopolis Housing & Development Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22
Cyclically Adjusted Book per Share
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Heliopolis Housing & Development Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 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 - - 0.59 0.60 0.76

Competitive Comparison of Heliopolis Housing & Development's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Heliopolis Housing & 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.


Heliopolis Housing & Development's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Heliopolis Housing & Development's Cyclically Adjusted PB Ratio falls into.



Heliopolis Housing & Development 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, Heliopolis Housing & 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)
=6.563/129.4194*129.4194
=6.563

Current CPI (Dec. 2023) = 129.4194.

Heliopolis Housing & Development Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 0.296 99.695 0.384
201406 0.239 100.560 0.308
201409 0.410 100.428 0.528
201412 0.306 99.070 0.400
201503 0.354 99.621 0.460
201506 0.259 100.684 0.333
201509 0.430 100.392 0.554
201512 0.461 99.792 0.598
201603 0.478 100.470 0.616
201606 0.301 101.688 0.383
201609 0.589 101.861 0.748
201612 0.356 101.863 0.452
201703 0.301 102.862 0.379
201706 0.518 103.349 0.649
201709 0.576 104.136 0.716
201712 0.325 104.011 0.404
201803 0.370 105.290 0.455
201806 0.336 106.317 0.409
201809 0.486 106.507 0.591
201812 0.372 105.998 0.454
201903 0.365 107.251 0.440
201906 0.629 108.070 0.753
201909 0.651 108.329 0.778
201912 0.886 108.420 1.058
202003 0.877 108.902 1.042
202006 0.791 108.767 0.941
202009 0.760 109.815 0.896
202012 0.490 109.897 0.577
202103 0.000 111.754 0.000
202109 0.619 115.734 0.692
202112 0.572 117.630 0.629
202203 0.573 121.301 0.611
202209 1.047 125.227 1.082
202212 0.587 125.222 0.607
202303 0.602 127.348 0.612
202306 0.600 128.729 0.603
202309 0.587 129.860 0.585
202312 6.563 129.419 6.563

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


Heliopolis Housing & Development  (CAI:HELI) 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.

Heliopolis Housing & Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.30/0.76
=14.87

* 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 9 years, the highest Cyclically Adjusted PB Ratio of Heliopolis Housing & Development was 20.93. The lowest was 12.24. And the median was 17.55.


Be Aware

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


Heliopolis Housing & Development Cyclically Adjusted Book per Share Related Terms

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


Heliopolis Housing & Development (CAI:HELI) Business Description

Traded in Other Exchanges
N/A
Address
28 Ibrahim El Liqani Street, Helipolis, Cairo, EGY
Heliopolis Housing & Development SA develops real estate. The Company owns residential units, villas, schools, shops, garages, health clubs, and tourist facilities.

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