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Comstock Holding Co (Comstock Holding Co) Cyclically Adjusted Book per Share : $-0.51 (As of Dec. 2023)


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What is Comstock Holding Co 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.

Comstock Holding Co's adjusted book value per share for the three months ended in Dec. 2023 was $3.853. 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 $-0.51 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -25.20% 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 Comstock Holding Co was -25.20% per year. The lowest was -75.70% per year. And the median was -51.00% per year.

As of today (2024-04-30), Comstock Holding Co's current stock price is $7.54. Comstock Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-0.51. Comstock Holding Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Comstock Holding Co was 21.55. The lowest was 0.09. And the median was 0.44.


Comstock Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Comstock Holding Co'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.

Comstock Holding Co Cyclically Adjusted Book per Share Chart

Comstock Holding Co 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 0.11 -0.26 -0.43 -0.60 -0.51

Comstock Holding Co 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 -0.60 -0.60 -0.59 -0.56 -0.51

Competitive Comparison of Comstock Holding Co's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Comstock Holding Co'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.


Comstock Holding Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Comstock Holding Co 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, Comstock Holding Co'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)
=3.853/129.4194*129.4194
=3.853

Current CPI (Dec. 2023) = 129.4194.

Comstock Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.920 99.695 1.194
201406 0.368 100.560 0.474
201409 0.368 100.428 0.474
201412 -0.683 99.070 -0.892
201503 -0.909 99.621 -1.181
201506 -0.785 100.684 -1.009
201509 -1.081 100.392 -1.394
201512 -0.723 99.792 -0.938
201603 -1.223 100.470 -1.575
201606 -1.778 101.688 -2.263
201609 -2.052 101.861 -2.607
201612 -3.256 101.863 -4.137
201703 -3.208 102.862 -4.036
201706 -3.024 103.349 -3.787
201709 -3.307 104.136 -4.110
201712 -4.215 104.011 -5.245
201803 -4.285 105.290 -5.267
201806 -3.360 106.317 -4.090
201809 -3.944 106.507 -4.792
201812 -4.451 105.998 -5.435
201903 -4.146 107.251 -5.003
201906 0.031 108.070 0.037
201909 0.057 108.329 0.068
201912 0.199 108.420 0.238
202003 0.222 108.902 0.264
202006 0.391 108.767 0.465
202009 0.466 109.815 0.549
202012 0.550 109.897 0.648
202103 0.573 111.754 0.664
202106 1.947 114.631 2.198
202109 2.320 115.734 2.594
202112 2.250 117.630 2.476
202203 2.405 121.301 2.566
202206 2.504 125.017 2.592
202209 2.888 125.227 2.985
202212 3.046 125.222 3.148
202303 3.075 127.348 3.125
202306 3.131 128.729 3.148
202309 3.643 129.860 3.631
202312 3.853 129.419 3.853

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


Comstock Holding Co  (NAS:CHCI) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Comstock Holding Co was 21.55. The lowest was 0.09. And the median was 0.44.


Be Aware

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


Comstock Holding Co Cyclically Adjusted Book per Share Related Terms

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


Comstock Holding Co (Comstock Holding Co) Business Description

Industry
Traded in Other Exchanges
Address
1900 Reston Metro Plaza, 10th Floor, Reston, VA, USA, 20190
Comstock Holding Co Inc is a developer and manager of mixed-use and transit-oriented properties with operations that are majorly focused on the Washington, D.C. metropolitan area. It provides a broad range of asset management services to customers and partners, composed primarily of private and institutional owners, investors in commercial, residential, and mixed-use real estate, and various governmental bodies seeking to leverage the potential of public-private partnerships.
Executives
David Peter Paul director C/O JBG/OPERATING PARTNERS, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Thomas Joseph Holly director 1900 RESTON METRO PLAZA, 10TH FLOOR, RESTON VA 20190
Dwight C Schar 10 percent owner C/O NVR INC, 7601 LEWINSVILLE ROAD SUITE 300, MCLEEAN VA 22102
Ivy Zelman director 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
James A Maccutcheon director 10770 COLUMBIA PIKE, SILVER SPRING MD 20901
Joseph M Squeri director 11465 SUNSET HILLS ROAD, 4TH FLOOR, RESTON VA 20190
David M Guernsey director 12414 CLIFTON HUNT DRIVE, CLIFTON VA 20124
Timothy Steffan officer: EVP, Asset Management 1886 METRO CENTER DR, 4TH FLOOR, RESTON VA 20190
54, L.c. Fr 10 percent owner 1886 METRO CENTER DRIVE, FOURTH FLOOR, RESTON VA 20190
Comstock Development Services, L.c. 10 percent owner 1886 METRO CENTER DRIVE, FOURTH FLOOR, RESTON VA 20190
Stonehenge Funding, L.c. 10 percent owner 1886 METRO CENTER DRIVE, FOURTH FLOOR, RESTON VA 20190
Christopher Michael Guthrie officer: Chief Financial Officer 1886 METRO CENTER DRIVE, 4TH FLOOR, RESTON VA 20190
Christopher Clemente director, 10 percent owner, officer: Chairman and CEO 11465 SUNSET HILLS ROAD, SUITE 510, RESTON VA 20910
Robert P Pincus director
Jubal R Thompson other: Secretary 11465 SUNSET HILLS ROAD, SUITE 400, RESTON VA 20190

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