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CT Real Estate Investment Trust (CT Real Estate Investment Trust) Cyclically Adjusted Book per Share : $5.01 (As of Mar. 2024)


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What is CT Real Estate Investment Trust 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.

CT Real Estate Investment Trust's adjusted book value per share for the three months ended in Mar. 2024 was $5.445. 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 $5.01 for the trailing ten years ended in Mar. 2024.

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 (2024-05-14), CT Real Estate Investment Trust's current stock price is $9.426. CT Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.01. CT Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is 1.88.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of CT Real Estate Investment Trust was 2.11. The lowest was 1.82. And the median was 1.99.


CT Real Estate Investment Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for CT Real Estate Investment Trust'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.

CT Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

CT Real Estate Investment Trust 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 - - - - 5.03

CT Real Estate Investment Trust 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 - - 5.37 5.03 5.01

Competitive Comparison of CT Real Estate Investment Trust's Cyclically Adjusted Book per Share

For the REIT - Retail subindustry, CT Real Estate Investment Trust'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.


CT Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where CT Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.



CT Real Estate Investment Trust 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, CT Real Estate Investment Trust'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)
=5.445/125.4675*125.4675
=5.445

Current CPI (Mar. 2024) = 125.4675.

CT Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.886 99.473 6.163
201409 4.856 99.394 6.130
201412 4.695 98.367 5.988
201503 4.233 99.789 5.322
201506 4.303 100.500 5.372
201509 4.064 100.421 5.078
201512 3.989 99.947 5.008
201603 4.148 101.054 5.150
201606 3.988 102.002 4.905
201609 3.984 101.765 4.912
201612 3.966 101.449 4.905
201703 3.978 102.634 4.863
201706 3.978 103.029 4.844
201709 4.356 103.345 5.288
201712 4.282 103.345 5.199
201803 4.282 105.004 5.116
201806 4.275 105.557 5.081
201809 4.346 105.636 5.162
201812 4.414 105.399 5.254
201903 4.486 106.979 5.261
201906 4.570 107.690 5.324
201909 4.805 107.611 5.602
201912 4.874 107.769 5.674
202003 4.603 107.927 5.351
202006 4.773 108.401 5.524
202009 4.916 108.164 5.702
202012 5.009 108.559 5.789
202103 5.148 110.298 5.856
202106 5.517 111.720 6.196
202109 5.365 112.905 5.962
202112 5.435 113.774 5.994
202203 5.566 117.646 5.936
202206 5.558 120.806 5.772
202209 5.382 120.648 5.597
202212 5.326 120.964 5.524
202303 5.323 122.702 5.443
202306 5.572 124.203 5.629
202309 5.406 125.230 5.416
202312 5.404 125.468 5.404
202403 5.445 125.468 5.445

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


CT Real Estate Investment Trust  (OTCPK:CTRRF) 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.

CT Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.426/5.01
=1.88

* 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 11 years, the highest Cyclically Adjusted PB Ratio of CT Real Estate Investment Trust was 2.11. The lowest was 1.82. And the median was 1.99.


Be Aware

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


CT Real Estate Investment Trust Cyclically Adjusted Book per Share Related Terms

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


CT Real Estate Investment Trust (CT Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio primarily consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.

CT Real Estate Investment Trust (CT Real Estate Investment Trust) Headlines

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