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Lamar Advertising Co (MEX:LAMR) Cyclically Adjusted Book per Share : MXN291.64 (As of Mar. 2025)


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What is Lamar Advertising Co 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.

Lamar Advertising Co's adjusted book value per share for the three months ended in Mar. 2025 was MXN206.115. 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 MXN291.64 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Lamar Advertising Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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 Lamar Advertising Co was 10.80% per year. The lowest was -7.50% per year. And the median was 0.30% per year.

As of today (2025-05-12), Lamar Advertising Co's current stock price is MXN2458.00. Lamar Advertising Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN291.64. Lamar Advertising Co's Cyclically Adjusted PB Ratio of today is 8.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lamar Advertising Co was 10.30. The lowest was 3.49. And the median was 7.28.


Lamar Advertising Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lamar Advertising Co'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.

Lamar Advertising Co Cyclically Adjusted Book per Share Chart

Lamar Advertising Co 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 - - - - 270.76

Lamar Advertising Co 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 - - 248.19 270.76 291.64

Competitive Comparison of Lamar Advertising Co's Cyclically Adjusted Book per Share

For the REIT - Specialty subindustry, Lamar Advertising Co'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.


Lamar Advertising Co's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Lamar Advertising Co's Cyclically Adjusted PB Ratio falls into.


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Lamar Advertising Co 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, Lamar Advertising Co'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)
=206.115/134.9266*134.9266
=206.115

Current CPI (Mar. 2025) = 134.9266.

Lamar Advertising Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 159.856 100.684 214.223
201509 175.962 100.392 236.494
201512 181.574 99.792 245.501
201603 181.107 100.470 243.217
201606 197.742 101.688 262.377
201609 209.862 101.861 277.986
201612 226.314 101.863 299.774
201703 202.640 102.862 265.807
201706 197.496 103.349 257.839
201709 201.750 104.136 261.404
201712 220.563 104.011 286.122
201803 191.964 105.290 245.998
201806 213.449 106.317 270.888
201809 206.960 106.507 262.185
201812 223.156 105.998 284.059
201903 215.262 107.251 270.811
201906 218.606 108.070 272.933
201909 229.562 108.329 285.924
201912 221.470 108.420 275.615
202003 264.788 108.902 328.067
202006 257.214 108.767 319.076
202009 247.292 109.815 303.841
202012 237.092 109.897 291.091
202103 238.863 111.754 288.391
202106 242.297 114.631 285.195
202109 252.213 115.734 294.038
202112 246.535 117.630 282.787
202203 240.124 121.301 267.097
202206 245.705 125.017 265.181
202209 252.080 125.227 271.606
202212 229.049 125.222 246.800
202303 205.239 127.348 217.453
202306 196.734 128.729 206.206
202309 202.674 129.860 210.582
202312 202.291 129.419 210.899
202403 191.934 131.776 196.523
202406 214.402 132.554 218.240
202409 233.207 133.029 236.534
202412 213.282 133.157 216.116
202503 206.115 134.927 206.115

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


Lamar Advertising Co  (MEX:LAMR) 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.

Lamar Advertising Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2458.00/291.64
=8.43

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Lamar Advertising Co was 10.30. The lowest was 3.49. And the median was 7.28.


Be Aware

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


Lamar Advertising Co Cyclically Adjusted Book per Share Related Terms

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


Lamar Advertising Co Business Description

Industry
Traded in Other Exchanges
Address
5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808
Lamar Advertising Co is an outdoor advertising companies in the United States and operates as a Real Estate Investment Trust. It rent space for advertising on billboards, buses, shelters, benches, logo plates and in airport terminals and also offer customers a fully integrated service with all aspects of their display requirements from ad copy production to placement and maintenance. It has two operating segments: billboard and Others. Key revenue is generated from Billboard segment.