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LEGIF (LEG Immobilien SE) Cyclically Adjusted Book per Share : $98.85 (As of Dec. 2024)


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What is LEG Immobilien SE 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.

LEG Immobilien SE's adjusted book value per share for the three months ended in Dec. 2024 was $103.650. 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 $98.85 for the trailing ten years ended in Dec. 2024.

During the past 12 months, LEG Immobilien SE's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 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 LEG Immobilien SE was 13.50% per year. The lowest was 12.50% per year. And the median was 13.00% per year.

As of today (2025-05-05), LEG Immobilien SE's current stock price is $83.09. LEG Immobilien SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $98.85. LEG Immobilien SE's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LEG Immobilien SE was 2.09. The lowest was 0.59. And the median was 0.90.


LEG Immobilien SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for LEG Immobilien SE'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.

LEG Immobilien SE Cyclically Adjusted Book per Share Chart

LEG Immobilien SE 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 71.01 76.37 85.68 97.58 98.85

LEG Immobilien SE 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 97.58 98.35 108.63 104.85 98.85

Competitive Comparison of LEG Immobilien SE's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, LEG Immobilien SE'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.


LEG Immobilien SE's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where LEG Immobilien SE's Cyclically Adjusted PB Ratio falls into.


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LEG Immobilien SE 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, LEG Immobilien SE'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)
=103.65/127.0412*127.0412
=103.650

Current CPI (Dec. 2024) = 127.0412.

LEG Immobilien SE Quarterly Data

Book Value per Share CPI Adj_Book
201503 46.189 99.717 58.846
201506 46.624 100.417 58.986
201509 46.202 100.417 58.452
201512 51.242 99.717 65.283
201603 51.984 100.017 66.030
201606 50.701 100.717 63.953
201609 51.319 101.017 64.540
201612 56.710 101.217 71.179
201703 58.243 101.417 72.959
201706 64.847 102.117 80.675
201709 69.402 102.717 85.837
201712 76.161 102.617 94.288
201803 80.876 102.917 99.833
201806 79.573 104.017 97.186
201809 79.291 104.718 96.194
201812 85.220 104.217 103.883
201903 83.214 104.217 101.438
201906 88.373 105.718 106.198
201909 88.321 106.018 105.835
201912 94.669 105.818 113.657
202003 95.359 105.718 114.593
202006 106.549 106.618 126.959
202009 108.140 105.818 129.829
202012 123.654 105.518 148.877
202103 121.989 107.518 144.140
202106 129.767 108.486 151.962
202109 127.936 109.435 148.519
202112 137.792 110.384 158.586
202203 137.103 113.968 152.830
202206 140.726 115.760 154.440
202209 133.782 118.818 143.041
202212 129.485 119.345 137.835
202303 132.193 122.402 137.203
202306 117.360 123.140 121.078
202309 116.493 124.195 119.163
202312 109.821 123.773 112.721
202403 109.840 125.038 111.600
202406 104.581 125.882 105.544
202409 109.004 126.198 109.732
202412 103.650 127.041 103.650

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


LEG Immobilien SE  (OTCPK:LEGIF) 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.

LEG Immobilien SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=83.09/98.85
=0.84

* 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 LEG Immobilien SE was 2.09. The lowest was 0.59. And the median was 0.90.


Be Aware

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


LEG Immobilien SE Cyclically Adjusted Book per Share Related Terms

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


LEG Immobilien SE Business Description

Industry
Traded in Other Exchanges
Address
Flughafenstrasse 99, Dusseldorf, NW, DEU, D-40474
LEG Immobilien SE is a general real estate company. The company's portfolio consists mainly of residential units, followed by garages, parking spaces, and commercial units. The business model is supplemented by the targeted development of value-added services. LEG is mainly focused on the German market of the North Rhine-Westphalia region. The company divides its portfolio into three groups: high-growth markets, stable markets, and higher-yielding markets.