GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chimera Investment Corp (LTS:0A7B) » Definitions » Cyclically Adjusted Book per Share

Chimera Investment (LTS:0A7B) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is Chimera Investment Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Chimera Investment's adjusted book value per share for the three months ended in Mar. 2025 was $32.086. 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 $0.00 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Chimera Investment's average Cyclically Adjusted Book Growth Rate was -3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.60% 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 Chimera Investment was 2.80% per year. The lowest was -2.20% per year. And the median was 1.60% per year.

As of today (2025-05-13), Chimera Investment's current stock price is $12.955. Chimera Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $0.00. Chimera Investment's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chimera Investment was 1.18. The lowest was 0.19. And the median was 0.54.


Chimera Investment Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chimera Investment'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.

Chimera Investment Cyclically Adjusted Book per Share Chart

Chimera Investment 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 - 19.90 32.72 35.23 57.07

Chimera Investment 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 114.93 58.62 58.53 57.07 -

Competitive Comparison of Chimera Investment's Cyclically Adjusted Book per Share

For the REIT - Mortgage subindustry, Chimera Investment'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.


Chimera Investment's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Chimera Investment's Cyclically Adjusted PB Ratio falls into.


;
;

Chimera Investment 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, Chimera Investment'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)
=32.086/134.9266*134.9266
=32.086

Current CPI (Mar. 2025) = 134.9266.

Chimera Investment Quarterly Data

Book Value per Share CPI Adj_Book
201506 50.201 100.684 67.274
201509 49.141 100.392 66.046
201512 47.086 99.792 63.664
201603 46.561 100.470 62.529
201606 47.351 101.688 62.828
201609 48.529 101.861 64.282
201612 49.912 101.863 66.113
201703 56.107 102.862 73.597
201706 57.139 103.349 74.597
201709 58.252 104.136 75.476
201712 58.061 104.011 75.319
201803 58.896 105.290 75.474
201806 58.554 106.317 74.311
201809 62.771 106.507 79.521
201812 59.398 105.998 75.609
201903 63.366 107.251 79.718
201906 63.613 108.070 79.422
201909 64.032 108.329 79.753
201912 63.339 108.420 78.824
202003 52.354 108.902 64.865
202006 43.906 108.767 54.466
202009 47.756 109.815 58.677
202012 49.173 109.897 60.373
202103 46.403 111.754 56.025
202106 46.193 114.631 54.371
202109 48.735 115.734 56.817
202112 47.298 117.630 54.253
202203 42.224 121.301 46.967
202206 38.481 125.017 41.531
202209 34.347 125.227 37.008
202212 34.506 125.222 37.180
202303 34.241 127.348 36.279
202306 34.183 128.729 35.829
202309 32.996 129.860 34.283
202312 31.801 129.419 33.154
202403 32.871 131.776 33.657
202406 32.817 132.554 33.404
202409 33.842 133.029 34.325
202412 31.213 133.157 31.628
202503 32.086 134.927 32.086

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


Chimera Investment  (LTS:0A7B) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chimera Investment was 1.18. The lowest was 0.19. And the median was 0.54.


Be Aware

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


Chimera Investment Cyclically Adjusted Book per Share Related Terms

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


Chimera Investment Business Description

Industry
Address
630 Fifth Avenue, Suite 2400, New York, NY, USA, 10111
Chimera Investment Corporation is a real estate investment trust engaged in investing in a portfolio of mortgage assets on a leveraged basis. These investments include a variety of government-sponsored agency residential mortgage-backed securities, or RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities. Agency mortgage-backed securities represent the share of this portfolio, while subprime residential mortgage loans and non-agency RMBS also make up substantial shares.

Chimera Investment Headlines

No Headlines