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UBM Development AG (FRA:2U2) Cyclically Adjusted Book per Share : €65.71 (As of Dec. 2024)


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What is UBM Development AG 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.

UBM Development AG's adjusted book value per share for the three months ended in Dec. 2024 was €45.238. 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 €65.71 for the trailing ten years ended in Dec. 2024.

During the past 12 months, UBM Development AG's average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of UBM Development AG was 13.80% per year. The lowest was 10.60% per year. And the median was 12.20% per year.

As of today (2025-05-09), UBM Development AG's current stock price is €19.50. UBM Development AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €65.71. UBM Development AG's Cyclically Adjusted PB Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of UBM Development AG was 1.01. The lowest was 0.24. And the median was 0.48.


UBM Development AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for UBM Development AG'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.

UBM Development AG Cyclically Adjusted Book per Share Chart

UBM Development AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.22 48.89 58.74 64.05 65.71

UBM Development AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 64.05 63.43 66.38 64.26 65.71

Competitive Comparison of UBM Development AG's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, UBM Development AG'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.


UBM Development AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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


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UBM Development AG 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, UBM Development AG's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=45.238/135.2728*135.2728
=45.238

Current CPI (Dec. 2024) = 135.2728.

UBM Development AG Quarterly Data

Book Value per Share CPI Adj_Book
201412 29.729 99.676 40.346
201506 42.423 100.492 57.106
201509 0.000 100.292 0.000
201512 43.254 100.692 58.109
201603 0.000 100.692 0.000
201606 42.400 101.092 56.736
201609 43.165 101.192 57.703
201612 44.686 102.092 59.210
201703 45.336 102.592 59.778
201706 44.277 102.991 58.155
201709 44.998 103.591 58.760
201712 47.129 104.291 61.129
201803 62.088 104.491 80.378
201806 54.558 105.091 70.227
201809 55.840 105.691 71.469
201812 57.401 106.291 73.052
201903 57.626 106.391 73.270
201906 57.414 106.791 72.727
201909 59.834 106.991 75.650
201912 61.139 108.091 76.514
202003 64.046 108.024 80.202
202006 62.054 107.915 77.785
202009 63.082 108.348 78.758
202012 60.471 109.321 74.826
202103 64.972 110.186 79.764
202106 71.256 110.943 86.882
202109 72.507 111.916 87.639
202112 69.433 113.971 82.411
202203 73.409 117.647 84.407
202206 68.603 120.567 76.971
202209 65.234 123.811 71.273
202212 66.365 125.541 71.510
202303 59.008 128.460 62.137
202306 52.868 130.191 54.932
202309 55.256 131.272 56.940
202312 50.107 132.570 51.129
202403 48.961 133.759 49.515
202406 47.574 134.083 47.996
202409 47.129 133.651 47.701
202412 45.238 135.273 45.238

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


UBM Development AG  (FRA:2U2) 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.

UBM Development AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.50/65.71
=0.30

* 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 UBM Development AG was 1.01. The lowest was 0.24. And the median was 0.48.


Be Aware

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


UBM Development AG Cyclically Adjusted Book per Share Related Terms

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


UBM Development AG Business Description

Industry
Traded in Other Exchanges
Address
Laaer-Berg-Strasse 43, Vienna, AUT, 1100
UBM Development AG is a real estate development company. It develops, utilizes, and manages real estate property. Its geographical location includes Germany, Austria, and Poland. Its operating segments are Office, Hotel, Residential, Other, and Service. The majority of the company's revenue is earned from the Residential segment.

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