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Ascencio (CHIX:ASCEB) Cyclically Adjusted Book per Share : €60.35 (As of Mar. 2024)


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What is Ascencio 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.

Ascencio's adjusted book value per share for the three months ended in Mar. 2024 was €64.150. 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 €60.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ascencio's average Cyclically Adjusted Book Growth Rate was 4.80% 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.

As of today (2024-06-16), Ascencio's current stock price is €44.10. Ascencio's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €60.35. Ascencio's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ascencio was 1.00. The lowest was 0.64. And the median was 0.87.


Ascencio Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ascencio'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.

Ascencio Cyclically Adjusted Book per Share Chart

Ascencio Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 51.38 64.05 67.20

Ascencio Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 67.03 68.12 67.20 56.66 60.35

Competitive Comparison of Ascencio's Cyclically Adjusted Book per Share

For the REIT - Retail subindustry, Ascencio'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.


Ascencio's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Ascencio 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, Ascencio's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=64.15/130.5518*130.5518
=64.150

Current CPI (Mar. 2024) = 130.5518.

Ascencio Quarterly Data

Book Value per Share CPI Adj_Book
201403 44.122 99.819 57.706
201409 45.409 99.195 59.763
201412 0.000 99.086 0.000
201503 44.493 99.423 58.424
201506 0.000 100.107 0.000
201509 46.520 100.245 60.584
201512 0.000 100.572 0.000
201603 48.185 101.653 61.884
201606 49.081 102.267 62.656
201609 49.968 102.118 63.881
201612 49.002 102.614 62.343
201703 51.051 103.972 64.102
201706 52.387 103.902 65.824
201709 53.294 104.170 66.791
201712 54.916 104.804 68.407
201803 52.727 105.419 65.298
201806 53.896 106.063 66.340
201809 55.189 106.618 67.578
201812 56.300 107.252 68.531
201903 53.567 107.876 64.827
201906 54.447 107.896 65.880
201909 55.052 107.470 66.876
201912 56.955 108.065 68.807
202003 52.350 108.550 62.961
202006 51.856 108.540 62.372
202009 52.931 108.441 63.723
202012 53.838 108.511 64.774
202103 52.178 109.522 62.197
202106 53.815 110.305 63.693
202109 56.148 111.543 65.716
202112 57.938 114.705 65.942
202203 59.175 118.620 65.128
202206 63.381 120.948 68.414
202209 66.254 124.120 69.687
202212 68.360 126.578 70.506
202303 65.676 126.528 67.765
202306 67.343 125.973 69.791
202309 67.429 127.083 69.269
202312 66.517 128.292 67.689
202403 64.150 130.552 64.150

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


Ascencio  (CHIX:ASCEb) 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.

Ascencio's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.10/60.35
=0.73

* 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 Ascencio was 1.00. The lowest was 0.64. And the median was 0.87.


Be Aware

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


Ascencio Cyclically Adjusted Book per Share Related Terms

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


Ascencio (CHIX:ASCEB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ascencio (CHIX:ASCEb) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Avenue Jean Mermoz 1, Building H - Box 4, Charleroi, Gosselies, BEL, B-6041
Ascencio operates as a real estate investment trust in Belgium, Spain, and France. The company has a portfolio of primarily retail properties. Its operating segments include Belgium, Spain, and France.

Ascencio (CHIX:ASCEB) Headlines

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