GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dominion Resources Black Warrior Trust (OTCPK:DOMR) » Definitions » Cyclically Adjusted Book per Share

Dominion Resources Black Warrior Trust (Dominion Resources Black Warrior Trust) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2015)


View and export this data going back to 1994. Start your Free Trial

What is Dominion Resources Black Warrior 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.

Dominion Resources Black Warrior Trust's adjusted book value per share for the three months ended in Sep. 2015 was $0.411. 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 $0.00 for the trailing ten years ended in Sep. 2015.

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 (2024-05-16), Dominion Resources Black Warrior Trust's current stock price is $0.0001. Dominion Resources Black Warrior Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2015 was $0.00. Dominion Resources Black Warrior Trust's Cyclically Adjusted PB Ratio of today is .


Dominion Resources Black Warrior Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dominion Resources Black Warrior 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.

Dominion Resources Black Warrior Trust Cyclically Adjusted Book per Share Chart

Dominion Resources Black Warrior Trust Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Dominion Resources Black Warrior Trust Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 - - - - -

Competitive Comparison of Dominion Resources Black Warrior Trust's Cyclically Adjusted Book per Share

For the Mortgage Finance subindustry, Dominion Resources Black Warrior 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.


Dominion Resources Black Warrior Trust's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dominion Resources Black Warrior Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dominion Resources Black Warrior Trust's Cyclically Adjusted PB Ratio falls into.



Dominion Resources Black Warrior 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, Dominion Resources Black Warrior Trust's adjusted Book Value per Share data for the three months ended in Sep. 2015 was:

Adj_Book= Book Value per Share /CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.411/100.3915*100.3915
=0.411

Current CPI (Sep. 2015) = 100.3915.

Dominion Resources Black Warrior Trust Quarterly Data

Book Value per Share CPI Adj_Book
200512 4.405 83.032 5.326
200603 4.273 84.298 5.089
200606 4.150 85.606 4.867
200609 4.032 85.606 4.728
200612 3.878 85.142 4.573
200703 3.746 86.640 4.341
200706 3.630 87.906 4.146
200709 3.514 87.964 4.010
200712 3.357 88.616 3.803
200803 3.243 90.090 3.614
200806 3.136 92.320 3.410
200809 3.033 92.307 3.299
200812 2.922 88.697 3.307
200903 2.794 89.744 3.125
200906 2.698 91.003 2.976
200909 2.600 91.120 2.865
200912 2.464 91.111 2.715
201003 2.376 91.821 2.598
201006 2.288 91.962 2.498
201009 2.196 92.162 2.392
201012 2.122 92.474 2.304
201103 2.038 94.283 2.170
201106 1.961 95.235 2.067
201109 1.878 95.727 1.970
201112 1.774 95.213 1.870
201203 1.696 96.783 1.759
201206 1.608 96.819 1.667
201209 1.529 97.633 1.572
201212 1.402 96.871 1.453
201303 1.314 98.209 1.343
201306 1.222 98.518 1.245
201309 1.139 98.790 1.157
201312 1.136 98.326 1.160
201403 1.055 99.695 1.062
201406 1.010 100.560 1.008
201409 0.958 100.428 0.958
201412 0.989 99.070 1.002
201503 0.951 99.621 0.958
201506 0.909 100.684 0.906
201509 0.411 100.392 0.411

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


Dominion Resources Black Warrior Trust  (OTCPK:DOMR) 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.


Be Aware

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


Dominion Resources Black Warrior Trust Cyclically Adjusted Book per Share Related Terms

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


Dominion Resources Black Warrior Trust (Dominion Resources Black Warrior Trust) Business Description

Traded in Other Exchanges
N/A
Address
2911 Turtle Creek Boulevard, P.O. Box 962020, Dallas, TX, USA, 75219
Dominion Resources Black Warrior Trust is a grantor trust, which acquires and holds certain overriding royalty interests burdening proved natural gas properties located in the Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama.

Dominion Resources Black Warrior Trust (Dominion Resources Black Warrior Trust) Headlines

From GuruFocus

Dominion Resources: Cash Distribution Report

By Black Iguana Nitish 09-28-2014