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CatchMark Timber Trust (CatchMark Timber Trust) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2022)


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What is CatchMark Timber 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.

CatchMark Timber Trust's adjusted book value per share for the three months ended in Jun. 2022 was $4.082. 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 Jun. 2022.

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.

As of today (2024-06-04), CatchMark Timber Trust's current stock price is $10.37. CatchMark Timber Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 was $0.00. CatchMark Timber Trust's Cyclically Adjusted PB Ratio of today is .


CatchMark Timber Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for CatchMark Timber 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.

CatchMark Timber Trust Cyclically Adjusted Book per Share Chart

CatchMark Timber Trust Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
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CatchMark Timber Trust Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of CatchMark Timber Trust's Cyclically Adjusted Book per Share

For the REIT - Specialty subindustry, CatchMark Timber 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.


CatchMark Timber Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where CatchMark Timber Trust's Cyclically Adjusted PB Ratio falls into.



CatchMark Timber 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, CatchMark Timber Trust's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book= Book Value per Share /CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=4.082/125.0168*125.0168
=4.082

Current CPI (Jun. 2022) = 125.0168.

CatchMark Timber Trust Quarterly Data

Book Value per Share CPI Adj_Book
201209 52.118 97.633 66.736
201212 51.039 96.871 65.868
201303 50.342 98.209 64.083
201306 6.745 98.518 8.559
201309 6.608 98.790 8.362
201312 11.966 98.326 15.214
201403 11.868 99.695 14.882
201406 11.616 100.560 14.441
201409 11.388 100.428 14.176
201412 11.299 99.070 14.258
201503 11.080 99.621 13.905
201506 10.933 100.684 13.575
201509 10.738 100.392 13.372
201512 10.546 99.792 13.212
201603 10.367 100.470 12.900
201606 10.133 101.688 12.458
201609 9.935 101.861 12.193
201612 9.822 101.863 12.055
201703 9.619 102.862 11.691
201706 9.419 103.349 11.394
201709 9.185 104.136 11.027
201712 9.266 104.011 11.137
201803 9.444 105.290 11.213
201806 9.318 106.317 10.957
201809 7.604 106.507 8.926
201812 6.547 105.998 7.722
201903 5.705 107.251 6.650
201906 4.799 108.070 5.552
201909 4.183 108.329 4.827
201912 3.931 108.420 4.533
202003 3.180 108.902 3.651
202006 2.881 108.767 3.311
202009 2.748 109.815 3.128
202012 2.641 109.897 3.004
202103 2.807 111.754 3.140
202106 2.628 114.631 2.866
202109 3.028 115.734 3.271
202112 3.718 117.630 3.951
202203 4.050 121.301 4.174
202206 4.082 125.017 4.082

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


CatchMark Timber Trust  (NYSE:CTT) 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.


CatchMark Timber Trust Cyclically Adjusted Book per Share Related Terms

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


CatchMark Timber Trust (CatchMark Timber Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5 Concourse Parkway, Suite 2650, Atlanta, GA, USA, 30328
CatchMark Timber Trust Inc is a United States-based real estate investment trust. The company acquires, owns, operates, manages, and disposes of timberland properties. The company's operating segments are Harvest, Real Estate, and Investment Management. The majority of its revenue comes from the Harvest segment, which includes wholly-owned timber assets and associated timber sales.
Executives
Brian M Davis officer: Senior VP and CFO 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Ursula Godoy-arbelaez officer: CFO, SVP and Treasurer 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
James M Decosmo director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Tim E Bentsen director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Donald S Moss director 9165 ETCHING OVERLOOK, DULUTH GA 30097
Henry G Zigtema director 2620 FLINT CREEK DRIVE CUMMING GA 30041
Jerry Barag officer: President & CEO 427 LANGLEY OAK DRIVE MARIETTA GA 30067
Todd Reitz officer: SVP, Forest Resources 4870 HANSARD DR CUMMING GA 30040
Paul S Fisher director
Lesley H Solomon officer: General Counsel 1666 DUNCAN DRIVE ATLANTA GA 30318
Mary E Mcbride director 6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Douglas Rubenstein director C/O CATCHMARK TIMBER TRUST INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
John F Rasor officer: COO and Secretary
Willis J Potts director C/O CATCHMARK TIMBER TRUST, INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Alan D Gold director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128

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