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GRNNF (Grand City Properties) Cyclically Adjusted Book per Share : $29.87 (As of Mar. 2025)


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What is Grand City Properties 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.

Grand City Properties's adjusted book value per share for the three months ended in Mar. 2025 was $30.550. 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 $29.87 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Grand City Properties's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% 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 Grand City Properties was 12.90% per year. The lowest was 12.90% per year. And the median was 12.90% per year.

As of today (2025-05-20), Grand City Properties's current stock price is $10.50. Grand City Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $29.87. Grand City Properties's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grand City Properties was 1.40. The lowest was 0.28. And the median was 0.44.


Grand City Properties Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grand City Properties'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.

Grand City Properties Cyclically Adjusted Book per Share Chart

Grand City Properties 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 - 21.39 26.22 27.96 28.17

Grand City Properties 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 28.18 30.34 30.04 28.17 29.87

Competitive Comparison of Grand City Properties's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Grand City Properties'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.


Grand City Properties's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grand City Properties's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grand City Properties's Cyclically Adjusted PB Ratio falls into.


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Grand City Properties 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, Grand City Properties'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)
=30.55/124.2100*124.2100
=30.550

Current CPI (Mar. 2025) = 124.2100.

Grand City Properties Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.019 100.640 17.302
201509 15.623 100.380 19.332
201512 15.687 99.910 19.502
201603 16.241 100.030 20.167
201606 17.919 100.660 22.111
201609 19.915 100.750 24.552
201612 19.675 101.040 24.187
201703 20.505 101.780 25.024
201706 21.433 102.170 26.057
201709 23.778 102.520 28.809
201712 25.029 102.410 30.357
201803 26.865 102.900 32.429
201806 27.980 103.650 33.530
201809 28.759 104.580 34.157
201812 29.053 104.320 34.592
201903 29.347 105.140 34.670
201906 29.180 105.550 34.339
201909 28.976 105.900 33.986
201912 29.930 106.080 35.045
202003 29.800 106.040 34.906
202006 30.457 106.340 35.575
202009 32.135 106.620 37.437
202012 35.534 106.670 41.377
202103 34.705 108.140 39.862
202106 35.200 108.680 40.230
202109 34.728 109.470 39.404
202112 35.535 111.090 39.732
202203 34.924 114.780 37.793
202206 34.100 116.750 36.279
202209 32.175 117.000 34.158
202212 32.264 117.060 34.235
202303 32.518 118.910 33.967
202306 30.982 120.460 31.946
202309 30.508 121.740 31.127
202312 29.828 121.170 30.576
202403 29.998 122.590 30.394
202406 28.767 123.120 29.022
202409 29.905 123.300 30.126
202412 29.212 122.430 29.637
202503 30.550 124.210 30.550

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


Grand City Properties  (OTCPK:GRNNF) 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.

Grand City Properties's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.50/29.87
=0.35

* 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 Grand City Properties was 1.40. The lowest was 0.28. And the median was 0.44.


Be Aware

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


Grand City Properties Cyclically Adjusted Book per Share Related Terms

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


Grand City Properties Business Description

Traded in Other Exchanges
Address
37, Boulevard Joseph II, Luxembourg, LUX, L-1840
Grand City Properties SA is a real estate company. It is a specialist real estate company focused on buying, re-developing, optimizing, repositioning, investing, and managing value-add opportunities in the German real estate market. The company is also involved in asset and property management activities along with the real estate value chain. Its portfolio is mainly located in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, Hamburg, and others.