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Browns Beach Hotels (COL:BBH.N0000) Cyclically Adjusted Book per Share : රු18.66 (As of Dec. 2023)


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What is Browns Beach Hotels 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.

Browns Beach Hotels's adjusted book value per share for the three months ended in Dec. 2023 was රු-4.797. 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 රු18.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Browns Beach Hotels's average Cyclically Adjusted Book Growth Rate was -11.10% 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), Browns Beach Hotels's current stock price is රු14.50. Browns Beach Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු18.66. Browns Beach Hotels's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Browns Beach Hotels was 0.86. The lowest was 0.34. And the median was 0.64.


Browns Beach Hotels Cyclically Adjusted Book per Share Historical Data

The historical data trend for Browns Beach Hotels'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.

Browns Beach Hotels Cyclically Adjusted Book per Share Chart

Browns Beach Hotels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 20.50

Browns Beach Hotels 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 20.98 20.50 19.80 19.34 18.66

Competitive Comparison of Browns Beach Hotels's Cyclically Adjusted Book per Share

For the Lodging subindustry, Browns Beach Hotels'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.


Browns Beach Hotels's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Browns Beach Hotels's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Browns Beach Hotels 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, Browns Beach Hotels'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)
=-4.797/129.4194*129.4194
=-4.797

Current CPI (Dec. 2023) = 129.4194.

Browns Beach Hotels Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.217 99.695 31.438
201406 0.000 100.560 0.000
201409 24.235 100.428 31.231
201412 24.179 99.070 31.586
201503 24.066 99.621 31.265
201506 23.976 100.684 30.819
201509 23.878 100.392 30.782
201512 23.677 99.792 30.706
201603 23.338 100.470 30.062
201606 22.410 101.688 28.521
201609 21.587 101.861 27.427
201612 20.823 101.863 26.456
201703 20.996 102.862 26.417
201706 22.812 103.349 28.566
201709 22.170 104.136 27.553
201712 21.428 104.011 26.663
201803 21.484 105.290 26.408
201806 20.386 106.317 24.816
201809 19.860 106.507 24.132
201812 19.487 105.998 23.793
201903 19.544 107.251 23.584
201906 18.126 108.070 21.707
201909 16.974 108.329 20.279
201912 16.149 108.420 19.277
202003 14.372 108.902 17.080
202006 12.685 108.767 15.094
202009 11.623 109.815 13.698
202012 10.406 109.897 12.255
202103 9.982 111.754 11.560
202106 8.961 114.631 10.117
202109 7.841 115.734 8.768
202112 7.028 117.630 7.732
202203 6.564 121.301 7.003
202206 6.354 125.017 6.578
202209 4.685 125.227 4.842
202212 2.950 125.222 3.049
202303 -1.456 127.348 -1.480
202306 -3.363 128.729 -3.381
202309 -4.064 129.860 -4.050
202312 -4.797 129.419 -4.797

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


Browns Beach Hotels  (COL:BBH.N0000) 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.

Browns Beach Hotels's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.50/18.66
=0.78

* 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 Browns Beach Hotels was 0.86. The lowest was 0.34. And the median was 0.64.


Be Aware

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


Browns Beach Hotels Cyclically Adjusted Book per Share Related Terms

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


Browns Beach Hotels (COL:BBH.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 315, Vauxhall Street, Level 5, Aitken Spence Tower II, Colombo, LKA, 02
Browns Beach Hotels PLC is engaged in hoteliers and operates the Heritance Negombo hotel, a five-star property. Its services include accommodation, food and beverages, laundry, telephone, spa services, and others.

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