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Timbercreek Financial (FRA:58O) Cyclically Adjusted Book per Share : €6.53 (As of Mar. 2025)


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What is Timbercreek Financial 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.

Timbercreek Financial's adjusted book value per share for the three months ended in Mar. 2025 was €5.336. 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 €6.53 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Timbercreek Financial's average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.20% 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 Timbercreek Financial was 2.50% per year. The lowest was 1.20% per year. And the median was 1.85% per year.

As of today (2025-07-09), Timbercreek Financial's current stock price is €4.80. Timbercreek Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €6.53. Timbercreek Financial's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Timbercreek Financial was 1.04. The lowest was 0.60. And the median was 0.78.


Timbercreek Financial Cyclically Adjusted Book per Share Historical Data

The historical data trend for Timbercreek Financial'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.

Timbercreek Financial Cyclically Adjusted Book per Share Chart

Timbercreek Financial 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 5.76 6.51 6.69 6.63 6.58

Timbercreek Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.12 6.75 6.43 6.58 6.53

Competitive Comparison of Timbercreek Financial's Cyclically Adjusted Book per Share

For the Mortgage Finance subindustry, Timbercreek Financial'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.


Timbercreek Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Timbercreek Financial's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Timbercreek Financial's Cyclically Adjusted PB Ratio falls into.


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Timbercreek Financial 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, Timbercreek Financial's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.336/129.1809*129.1809
=5.336

Current CPI (Mar. 2025) = 129.1809.

Timbercreek Financial Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.467 100.500 8.313
201509 6.011 100.421 7.732
201512 5.986 99.947 7.737
201603 6.069 101.054 7.758
201606 6.040 102.002 7.649
201609 5.947 101.765 7.549
201612 6.223 101.449 7.924
201703 6.134 102.634 7.721
201706 5.879 103.029 7.371
201709 6.007 103.345 7.509
201712 5.819 103.345 7.274
201803 5.499 105.004 6.765
201806 5.706 105.557 6.983
201809 5.755 105.636 7.038
201812 5.738 105.399 7.033
201903 5.797 106.979 7.000
201906 5.831 107.690 6.995
201909 6.001 107.611 7.204
201912 5.979 107.769 7.167
202003 5.620 107.927 6.727
202006 5.671 108.401 6.758
202009 5.558 108.164 6.638
202012 5.435 108.559 6.467
202103 5.669 110.298 6.640
202106 5.758 111.720 6.658
202109 5.664 112.905 6.481
202112 5.757 113.774 6.537
202203 5.972 117.646 6.558
202206 6.157 120.806 6.584
202209 6.301 120.648 6.747
202212 5.786 120.964 6.179
202303 5.715 122.702 6.017
202306 5.839 124.203 6.073
202309 5.839 125.230 6.023
202312 5.773 125.072 5.963
202403 5.702 126.258 5.834
202406 5.706 127.522 5.780
202409 5.597 127.285 5.680
202412 5.544 127.364 5.623
202503 5.336 129.181 5.336

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


Timbercreek Financial  (FRA:58O) 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.

Timbercreek Financial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.80/6.53
=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 Timbercreek Financial was 1.04. The lowest was 0.60. And the median was 0.78.


Be Aware

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


Timbercreek Financial Cyclically Adjusted Book per Share Related Terms

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


Timbercreek Financial Business Description

Industry
Traded in Other Exchanges
Address
25 Price Street, Toronto, ON, CAN, M4W 1Z1
Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans predominantly secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. The company's objective is to preserve investor capital and provide risk adjusted returns by lending mainly against income producing real estate, mitigate concentration risk by diversifying geographically by asset type and borrower and ensure loan to value ratios.

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