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KMMPF (Killam Apartment Real Estate Investment Trust) Cyclically Adjusted Book per Share : $12.46 (As of Dec. 2024)


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What is Killam Apartment Real Estate Investment Trust 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.

Killam Apartment Real Estate Investment Trust's adjusted book value per share for the three months ended in Dec. 2024 was $18.131. 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 $12.46 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Killam Apartment Real Estate Investment Trust's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 Killam Apartment Real Estate Investment Trust was 20.00% per year. The lowest was 7.90% per year. And the median was 9.65% per year.

As of today (2025-04-14), Killam Apartment Real Estate Investment Trust's current stock price is $12.31. Killam Apartment Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $12.46. Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is 0.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Killam Apartment Real Estate Investment Trust was 1.95. The lowest was 0.89. And the median was 1.38.


Killam Apartment Real Estate Investment Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Killam Apartment Real Estate Investment Trust'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.

Killam Apartment Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

Killam Apartment Real Estate Investment Trust 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 10.02 11.15 12.08 13.43 12.46

Killam Apartment Real Estate Investment Trust 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 13.43 12.80 12.69 13.34 12.46

Competitive Comparison of Killam Apartment Real Estate Investment Trust's Cyclically Adjusted Book per Share

For the REIT - Residential subindustry, Killam Apartment Real Estate Investment Trust'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.


Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


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Killam Apartment Real Estate Investment Trust 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, Killam Apartment Real Estate Investment Trust'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)
=18.131/127.3637*127.3637
=18.131

Current CPI (Dec. 2024) = 127.3637.

Killam Apartment Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201503 8.459 99.789 10.796
201506 8.621 100.500 10.925
201509 8.056 100.421 10.217
201512 7.768 99.947 9.899
201603 8.451 101.054 10.651
201606 8.530 102.002 10.651
201609 8.496 101.765 10.633
201612 8.288 101.449 10.405
201703 8.394 102.634 10.417
201706 8.687 103.029 10.739
201709 9.441 103.345 11.635
201712 9.406 103.345 11.592
201803 9.825 105.004 11.917
201806 9.932 105.557 11.984
201809 10.129 105.636 12.212
201812 10.108 105.399 12.214
201903 10.384 106.979 12.363
201906 11.012 107.690 13.024
201909 11.321 107.611 13.399
201912 12.433 107.769 14.694
202003 11.893 107.927 14.035
202006 12.286 108.401 14.435
202009 12.722 108.164 14.980
202012 13.374 108.559 15.691
202103 13.703 110.298 15.823
202106 15.000 111.720 17.100
202109 14.669 112.905 16.548
202112 14.920 113.774 16.702
202203 15.385 117.646 16.656
202206 15.536 120.806 16.379
202209 14.797 120.648 15.621
202212 14.326 120.964 15.084
202303 14.609 122.702 15.164
202306 15.640 124.203 16.038
202309 15.649 125.230 15.916
202312 15.643 125.072 15.930
202403 16.157 126.258 16.299
202406 16.522 127.522 16.502
202409 16.967 127.285 16.978
202412 18.131 127.364 18.131

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


Killam Apartment Real Estate Investment Trust  (OTCPK:KMMPF) 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.

Killam Apartment Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.31/12.46
=0.99

* 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 Killam Apartment Real Estate Investment Trust was 1.95. The lowest was 0.89. And the median was 1.38.


Be Aware

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


Killam Apartment Real Estate Investment Trust Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Killam Apartment Real Estate Investment Trust's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Killam Apartment Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
3700 Kempt Road, Suite 100, Halifax, NS, CAN, B3K 4X8
Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in acquiring, managing, and developing multi-residential apartment buildings, manufactured home communities (MHCs), and commercial properties in Canada. It has three reportable segments; Apartment, MHC, and Commercial. The Apartment segment generates maximum revenue and is engaged in acquiring, operating, managing, and developing multi-family residential properties across Canada. The MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and the Commercial segment acquires and operates stand-alone commercial properties in Ontario, Nova Scotia, and Prince Edward Island.

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