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Galadari Hotels (Lanka) (COL:GHLL.N0000) Cyclically Adjusted Book per Share : රු22.90 (As of Sep. 2023)


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What is Galadari Hotels (Lanka) 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.

Galadari Hotels (Lanka)'s adjusted book value per share for the three months ended in Sep. 2023 was රු16.311. 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 රු22.90 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Galadari Hotels (Lanka)'s average Cyclically Adjusted Book Growth Rate was 5.40% 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 (2024-05-20), Galadari Hotels (Lanka)'s current stock price is රු16.90. Galadari Hotels (Lanka)'s Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was රු22.90. Galadari Hotels (Lanka)'s Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Galadari Hotels (Lanka) was 0.84. The lowest was 0.36. And the median was 0.68.


Galadari Hotels (Lanka) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Galadari Hotels (Lanka)'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.

Galadari Hotels (Lanka) Cyclically Adjusted Book per Share Chart

Galadari Hotels (Lanka) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 21.88

Galadari Hotels (Lanka) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 21.72 21.88 22.43 22.87 22.90

Competitive Comparison of Galadari Hotels (Lanka)'s Cyclically Adjusted Book per Share

For the Lodging subindustry, Galadari Hotels (Lanka)'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.


Galadari Hotels (Lanka)'s Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Galadari Hotels (Lanka)'s Cyclically Adjusted PB Ratio falls into.



Galadari Hotels (Lanka) 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, Galadari Hotels (Lanka)'s adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=16.311/129.8595*129.8595
=16.311

Current CPI (Sep. 2023) = 129.8595.

Galadari Hotels (Lanka) Quarterly Data

Book Value per Share CPI Adj_Book
201312 25.492 98.326 33.667
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 17.282 100.428 22.347
201412 18.292 99.070 23.977
201503 17.975 99.621 23.431
201506 17.968 100.684 23.175
201509 18.076 100.392 23.382
201512 18.294 99.792 23.806
201603 18.509 100.470 23.923
201606 18.546 101.688 23.684
201609 18.746 101.861 23.899
201612 19.688 101.863 25.099
201703 19.847 102.862 25.056
201706 19.795 103.349 24.873
201709 19.976 104.136 24.911
201712 20.572 104.011 25.684
201803 20.805 105.290 25.660
201806 20.787 106.317 25.390
201809 21.089 106.507 25.713
201812 21.124 105.998 25.879
201903 21.260 107.251 25.742
201906 21.169 108.070 25.437
201909 21.295 108.329 25.527
201912 21.277 108.420 25.484
202003 21.303 108.902 25.403
202006 21.065 108.767 25.150
202009 20.950 109.815 24.774
202012 18.145 109.897 21.441
202103 17.977 111.754 20.889
202106 17.726 114.631 20.081
202109 17.557 115.734 19.700
202112 16.739 117.630 18.479
202203 16.759 121.301 17.941
202206 16.690 125.017 17.337
202209 16.624 125.227 17.239
202212 16.180 125.222 16.779
202303 16.099 127.348 16.417
202306 16.189 128.729 16.331
202309 16.311 129.860 16.311

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


Galadari Hotels (Lanka)  (COL:GHLL.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.

Galadari Hotels (Lanka)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.90/22.9
=0.74

* 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 Galadari Hotels (Lanka) was 0.84. The lowest was 0.36. And the median was 0.68.


Be Aware

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


Galadari Hotels (Lanka) Cyclically Adjusted Book per Share Related Terms

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


Galadari Hotels (Lanka) (COL:GHLL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 64, Lotus Road, Colombo, LKA, 01
Galadari Hotels (Lanka) PLC is involved in the lodging business sector. The principal activity of the company is hoteliering. In terms of revenue, the organization generates income from the sale of rooms and sale of food and beverages. The Food and Beverage sales generate maximum revenue for the company. The hotel provides its services for dining, wedding, accommodation, and meetings. Its service only caters to the Sri Lankan market.

Galadari Hotels (Lanka) (COL:GHLL.N0000) Headlines

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