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Federal Home Loan Mortgage (LTS:0IKZ) Cyclically Adjusted Book per Share : $-123.41 (As of Mar. 2025)


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What is Federal Home Loan Mortgage 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.

Federal Home Loan Mortgage's adjusted book value per share for the three months ended in Mar. 2025 was $-37.464. 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 $-123.41 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -8.10% 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 Federal Home Loan Mortgage was 17.10% per year. The lowest was -56.40% per year. And the median was -2.45% per year.

As of today (2025-05-29), Federal Home Loan Mortgage's current stock price is $8.12. Federal Home Loan Mortgage's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $-123.41. Federal Home Loan Mortgage's Cyclically Adjusted PB Ratio of today is .


Federal Home Loan Mortgage Cyclically Adjusted Book per Share Historical Data

The historical data trend for Federal Home Loan Mortgage'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.

Federal Home Loan Mortgage Cyclically Adjusted Book per Share Chart

Federal Home Loan Mortgage 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 -131.61 -142.52 -138.85 -143.16 -123.93

Federal Home Loan Mortgage 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 -138.00 -131.94 -133.82 -123.93 -123.41

Competitive Comparison of Federal Home Loan Mortgage's Cyclically Adjusted Book per Share

For the Mortgage Finance subindustry, Federal Home Loan Mortgage'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.


Federal Home Loan Mortgage's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Federal Home Loan Mortgage's Cyclically Adjusted PB Ratio falls into.


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Federal Home Loan Mortgage 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, Federal Home Loan Mortgage'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)
=-37.464/134.9266*134.9266
=-37.464

Current CPI (Mar. 2025) = 134.9266.

Federal Home Loan Mortgage Quarterly Data

Book Value per Share CPI Adj_Book
201506 -124.194 100.684 -166.433
201509 -130.985 100.392 -176.044
201512 -128.460 99.792 -173.687
201603 -131.444 100.470 -176.523
201606 -129.701 101.688 -172.096
201609 -127.583 101.861 -168.998
201612 -125.176 101.863 -165.807
201703 -128.621 102.862 -168.715
201706 -129.003 103.349 -168.419
201709 -124.905 104.136 -161.837
201712 -133.461 104.011 -173.130
201803 -130.154 105.290 -166.790
201806 -126.407 106.317 -160.423
201809 -124.909 106.507 -158.239
201812 -126.573 105.998 -161.117
201903 -126.284 107.251 -158.872
201906 -126.036 108.070 -157.358
201909 -123.193 108.329 -153.440
201912 -119.428 108.420 -148.626
202003 -118.840 108.902 -147.240
202006 -115.859 108.767 -143.724
202009 -112.091 109.815 -137.723
202012 -108.212 109.897 -132.858
202103 -104.553 111.754 -126.232
202106 -98.999 114.631 -116.527
202109 -94.524 115.734 -110.199
202112 -90.336 117.630 -103.620
202203 -84.678 121.301 -94.190
202206 -81.006 125.017 -87.427
202209 -79.265 125.227 -85.405
202212 -76.514 125.222 -82.444
202303 -73.362 127.348 -77.728
202306 -68.917 128.729 -72.235
202309 -64.757 129.860 -67.284
202312 -60.048 129.419 -62.603
202403 -55.832 131.776 -57.167
202406 -51.586 132.554 -52.509
202409 -46.714 133.029 -47.380
202412 -41.815 133.157 -42.371
202503 -37.464 134.927 -37.464

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


Federal Home Loan Mortgage  (LTS:0IKZ) 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.


Be Aware

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


Federal Home Loan Mortgage Cyclically Adjusted Book per Share Related Terms

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


Federal Home Loan Mortgage Business Description

Address
8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
Federal Home Loan Mortgage Corp is a U.S. based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. Its Single-family segment provides liquidity and support to the single-family mortgage market through a variety of activities that include the purchase, securitization, and guarantee of single-family loans originated by lenders. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family segment.

Federal Home Loan Mortgage Headlines

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