GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Federal Agricultural Mortgage Corp (FRA:A35) » Definitions » Cyclically Adjusted Book per Share

Federal Agricultural Mortgage (FRA:A35) Cyclically Adjusted Book per Share : €84.77 (As of Dec. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Federal Agricultural Mortgage 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.

Federal Agricultural Mortgage's adjusted book value per share for the three months ended in Dec. 2024 was €94.516. 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 €84.77 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Federal Agricultural Mortgage's average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.50% 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 Federal Agricultural Mortgage was 14.10% per year. The lowest was -1.40% per year. And the median was 9.00% per year.

As of today (2025-04-14), Federal Agricultural Mortgage's current stock price is €149.20. Federal Agricultural Mortgage's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €84.77. Federal Agricultural Mortgage's Cyclically Adjusted PB Ratio of today is 1.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Federal Agricultural Mortgage was 3.00. The lowest was 1.10. And the median was 2.11.


Federal Agricultural Mortgage Cyclically Adjusted Book per Share Historical Data

The historical data trend for Federal Agricultural Mortgage'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.

Federal Agricultural Mortgage Cyclically Adjusted Book per Share Chart

Federal Agricultural Mortgage 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 36.72 42.44 60.95 65.10 84.77

Federal Agricultural Mortgage 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 65.10 70.60 83.73 75.53 84.77

Competitive Comparison of Federal Agricultural Mortgage's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Federal Agricultural Mortgage'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.


Federal Agricultural Mortgage's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Federal Agricultural Mortgage's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Federal Agricultural Mortgage's Cyclically Adjusted PB Ratio falls into.


;
;

Federal Agricultural Mortgage 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, Federal Agricultural Mortgage'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)
=94.516/133.1571*133.1571
=94.516

Current CPI (Dec. 2024) = 133.1571.

Federal Agricultural Mortgage Quarterly Data

Book Value per Share CPI Adj_Book
201503 31.898 99.621 42.636
201506 29.973 100.684 39.640
201509 27.325 100.392 36.243
201512 29.958 99.792 39.974
201603 29.131 100.470 38.608
201606 32.376 101.688 42.395
201609 33.659 101.861 44.000
201612 39.459 101.863 51.582
201703 40.684 102.862 52.666
201706 39.965 103.349 51.492
201709 38.690 104.136 49.472
201712 40.057 104.011 51.282
201803 41.160 105.290 52.054
201806 45.055 106.317 56.429
201809 46.013 106.507 57.526
201812 45.132 105.998 56.696
201903 46.244 107.251 57.414
201906 45.108 108.070 55.580
201909 44.246 108.329 54.387
201912 47.966 108.420 58.910
202003 39.266 108.902 48.012
202006 42.918 108.767 52.542
202009 44.849 109.815 54.382
202012 48.176 109.897 58.373
202103 55.773 111.754 66.454
202106 53.638 114.631 62.306
202109 56.275 115.734 64.747
202112 59.940 117.630 67.852
202203 59.617 121.301 65.444
202206 63.769 125.017 67.921
202209 69.904 125.227 74.331
202212 68.821 125.222 73.182
202303 69.735 127.348 72.916
202306 73.420 128.729 75.946
202309 77.859 129.860 79.836
202312 78.432 129.419 80.697
202403 84.290 131.776 85.173
202406 86.782 132.554 87.177
202409 87.012 133.029 87.096
202412 94.516 133.157 94.516

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


Federal Agricultural Mortgage  (FRA:A35) 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.

Federal Agricultural Mortgage's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=149.20/84.77
=1.76

* 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 Federal Agricultural Mortgage was 3.00. The lowest was 1.10. And the median was 2.11.


Be Aware

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


Federal Agricultural Mortgage Cyclically Adjusted Book per Share Related Terms

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


Federal Agricultural Mortgage Business Description

Address
2100 Pennsylvania Avenue North West, Suite 450 N, Washington, DC, USA, 20037
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.

Federal Agricultural Mortgage Headlines

No Headlines