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CA Immobilien Anlagen AG (FRA:BZY) Cyclically Adjusted Book per Share : €34.74 (As of Mar. 2025)


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What is CA Immobilien Anlagen 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.

CA Immobilien Anlagen AG's adjusted book value per share for the three months ended in Mar. 2025 was €26.645. 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 €34.74 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CA Immobilien Anlagen AG's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 CA Immobilien Anlagen AG was 10.00% per year. The lowest was 4.10% per year. And the median was 7.70% per year.

As of today (2025-05-28), CA Immobilien Anlagen AG's current stock price is €23.46. CA Immobilien Anlagen AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €34.74. CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CA Immobilien Anlagen AG was 1.76. The lowest was 0.65. And the median was 1.11.


CA Immobilien Anlagen AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for CA Immobilien Anlagen 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.

CA Immobilien Anlagen AG Cyclically Adjusted Book per Share Chart

CA Immobilien Anlagen 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 25.30 27.40 30.09 33.82 34.50

CA Immobilien Anlagen AG 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 33.98 33.68 33.67 34.50 34.74

Competitive Comparison of CA Immobilien Anlagen AG's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, CA Immobilien Anlagen 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.


CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio falls into.


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CA Immobilien Anlagen 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, CA Immobilien Anlagen AG'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)
=26.645/137.6516*137.6516
=26.645

Current CPI (Mar. 2025) = 137.6516.

CA Immobilien Anlagen AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 19.928 100.492 27.297
201509 20.360 100.292 27.944
201512 21.903 100.692 29.943
201603 22.124 100.692 30.245
201606 22.584 101.092 30.752
201609 23.094 101.192 31.415
201612 23.757 102.092 32.032
201703 23.866 102.592 32.022
201706 24.231 102.991 32.386
201709 24.789 103.591 32.939
201712 25.950 104.291 34.251
201803 26.250 104.491 34.580
201806 26.020 105.091 34.082
201809 26.638 105.691 34.693
201812 28.375 106.291 36.747
201903 28.504 106.391 36.879
201906 28.703 106.791 36.998
201909 29.629 106.991 38.120
201912 31.903 108.091 40.628
202003 32.261 108.024 41.109
202006 32.380 107.915 41.302
202009 31.830 108.348 40.439
202012 33.627 109.321 42.341
202103 34.097 110.186 42.596
202106 34.590 110.943 42.917
202109 34.792 111.916 42.792
202112 32.675 113.971 39.464
202203 34.117 117.647 39.918
202206 35.037 120.567 40.002
202209 35.611 123.811 39.592
202212 33.707 125.541 36.959
202303 34.065 128.460 36.502
202306 32.953 130.191 34.841
202309 33.440 131.272 35.065
202312 27.881 132.570 28.950
202403 28.056 133.759 28.872
202406 26.584 134.083 27.291
202409 26.700 133.651 27.499
202412 26.371 135.273 26.835
202503 26.645 137.652 26.645

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


CA Immobilien Anlagen AG  (FRA:BZY) 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.

CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.46/34.74
=0.68

* 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 CA Immobilien Anlagen AG was 1.76. The lowest was 0.65. And the median was 1.11.


Be Aware

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


CA Immobilien Anlagen AG Cyclically Adjusted Book per Share Related Terms

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


CA Immobilien Anlagen AG Business Description

Industry
Traded in Other Exchanges
Address
Mechelgasse 1, Vienna, AUT, 1030
CA Immobilien Anlagen AG is a real estate company involved in owning, developing and managing, especially office properties in Austria and Germany as well as in Eastern Europe. The company generates revenues and other income from rental activities, the sale of properties held for trading, the sale of properties, as well as from development services. The company has two segments: the Eastern Europe core region segment, that consists of Poland and Czechia ; and the Eastern Europe other region segment, that consists of Hungary and Serbia.

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