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Fibra Danhos (MEX:DANHOS13) Cyclically Adjusted Book per Share : MXN46.48 (As of Mar. 2024)


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What is Fibra Danhos 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.

Fibra Danhos's adjusted book value per share for the three months ended in Mar. 2024 was MXN37.885. 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 MXN46.48 for the trailing ten years ended in Mar. 2024.

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 (2024-06-23), Fibra Danhos's current stock price is MXN20.07. Fibra Danhos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN46.48. Fibra Danhos's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Fibra Danhos was 0.47. The lowest was 0.42. And the median was 0.44.


Fibra Danhos Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fibra Danhos'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.

Fibra Danhos Cyclically Adjusted Book per Share Chart

Fibra Danhos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 46.14

Fibra Danhos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 45.59 46.14 46.48

Competitive Comparison of Fibra Danhos's Cyclically Adjusted Book per Share

For the REIT - Diversified subindustry, Fibra Danhos'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.


Fibra Danhos's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Fibra Danhos 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, Fibra Danhos's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=37.885/152.9470*152.9470
=37.885

Current CPI (Mar. 2024) = 152.9470.

Fibra Danhos Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.642 96.609 48.511
201409 30.899 97.652 48.395
201412 30.159 99.469 46.374
201503 30.288 99.973 46.337
201506 28.807 99.382 44.333
201509 29.551 100.112 45.147
201512 31.146 101.588 46.892
201603 32.297 102.573 48.158
201606 33.382 101.905 50.103
201609 32.702 103.084 48.520
201612 34.064 105.002 49.618
201703 34.019 108.063 48.149
201706 34.062 108.339 48.087
201709 34.932 109.628 48.735
201712 35.877 112.114 48.944
201803 38.219 113.505 51.500
201806 38.765 113.373 52.296
201809 38.615 115.130 51.299
201812 38.574 117.530 50.198
201903 38.542 118.050 49.936
201906 38.478 117.848 49.938
201909 38.412 118.581 49.544
201912 38.745 120.854 49.034
202003 38.751 121.885 48.626
202006 38.977 121.777 48.954
202009 38.946 123.341 48.294
202012 39.066 124.661 47.930
202103 39.078 127.574 46.850
202106 39.124 128.936 46.410
202109 38.974 130.742 45.593
202112 39.162 133.830 44.756
202203 38.860 137.082 43.357
202206 38.473 139.233 42.262
202209 38.343 142.116 41.265
202212 38.257 144.291 40.552
202303 38.079 146.472 39.762
202306 37.896 146.272 39.625
202309 37.846 148.446 38.993
202312 37.641 151.017 38.122
202403 37.885 152.947 37.885

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


Fibra Danhos  (MEX:DANHOS13) 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.

Fibra Danhos's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.07/46.48
=0.43

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Fibra Danhos was 0.47. The lowest was 0.42. And the median was 0.44.


Be Aware

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


Fibra Danhos Cyclically Adjusted Book per Share Related Terms

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


Fibra Danhos (MEX:DANHOS13) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fibra Danhos (MEX:DANHOS13) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Monte Pelvoux 220, 7 Lomas de Chapultepec, Miguel Hidalgo Delegation, Mexico City, MEX, MEX, 11000
Fibra Danhos is a real estate trust that develops, owns, leases, and operates commercial real estate assets in the metropolitan areas of Mexico. The trust's portfolio consists of commercial properties, offices, mixed-use properties, and development projects. The commercial properties, which account for the largest areas of the company's portfolio, consist of shopping centres located close to public and private transportation. The office buildings are primarily located in Mexico City with large corporate tenants. The mixed-used properties include buildings with integrated commercial, office, and hotel functions.

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