GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Office Properties Income Trust (MEX:OPIUSA) » Definitions » Cyclically Adjusted Book per Share

Office Propertiesome Trust (MEX:OPIUSA) Cyclically Adjusted Book per Share : MXN2,802.30 (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Office Propertiesome 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.

Office Propertiesome Trust's adjusted book value per share for the three months ended in Jun. 2024 was MXN484.698. 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 MXN2,802.30 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Office Propertiesome Trust's average Cyclically Adjusted Book Growth Rate was -9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.00% 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 Office Propertiesome Trust was -4.40% per year. The lowest was -5.10% per year. And the median was -4.40% per year.

As of today (2024-09-21), Office Propertiesome Trust's current stock price is MXN110.00. Office Propertiesome Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN2,802.30. Office Propertiesome Trust's Cyclically Adjusted PB Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Office Propertiesome Trust was 1.02. The lowest was 0.03. And the median was 0.39.


Office Propertiesome Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Office Propertiesome 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.

Office Propertiesome Trust Cyclically Adjusted Book per Share Chart

Office Propertiesome Trust 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 - - - 1,855.30 812.68

Office Propertiesome Trust Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 817.71 1,502.71 812.68 2,876.18 2,802.30

Competitive Comparison of Office Propertiesome Trust's Cyclically Adjusted Book per Share

For the REIT - Office subindustry, Office Propertiesome 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.


Office Propertiesome Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Office Propertiesome 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, Office Propertiesome Trust's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=484.698/132.5538*132.5538
=484.698

Current CPI (Jun. 2024) = 132.5538.

Office Propertiesome Trust Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,002.827 100.428 1,323.623
201412 1,088.136 99.070 1,455.910
201503 1,069.665 99.621 1,423.274
201506 906.958 100.684 1,194.041
201509 963.084 100.392 1,271.626
201512 925.092 99.792 1,228.796
201603 930.225 100.470 1,227.275
201606 995.361 101.688 1,297.486
201609 1,033.056 101.861 1,344.337
201612 1,083.311 101.863 1,409.711
201703 982.553 102.862 1,266.171
201706 922.831 103.349 1,183.607
201709 1,008.588 104.136 1,283.828
201712 1,053.855 104.011 1,343.054
201803 948.725 105.290 1,194.394
201806 1,015.823 106.317 1,266.509
201809 934.719 106.507 1,163.312
201812 726.454 105.998 908.454
201903 720.793 107.251 890.848
201906 677.309 108.070 830.761
201909 682.573 108.329 835.209
201912 667.412 108.420 815.974
202003 822.306 108.902 1,000.903
202006 797.563 108.767 971.983
202009 748.281 109.815 903.224
202012 662.564 109.897 799.162
202103 685.760 111.754 813.392
202106 629.517 114.631 727.941
202109 639.450 115.734 732.380
202112 634.033 117.630 714.476
202203 599.107 121.301 654.685
202206 587.679 125.017 623.109
202209 582.401 125.227 616.479
202212 556.525 125.222 589.111
202303 504.647 127.348 525.277
202306 471.384 128.729 485.391
202309 466.090 129.860 475.760
202312 437.166 129.419 447.754
202403 425.629 131.776 428.141
202406 484.698 132.554 484.698

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


Office Propertiesome Trust  (MEX:OPIUSA) 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.

Office Propertiesome Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=110.00/2802.3
=0.04

* 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 Office Propertiesome Trust was 1.02. The lowest was 0.03. And the median was 0.39.


Be Aware

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


Office Propertiesome Trust Cyclically Adjusted Book per Share Related Terms

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


Office Propertiesome Trust Business Description

Industry
Traded in Other Exchanges
Address
255 Washington Street, Two Newton Place, Suite 300, Newton, MA, USA, 02458-1634
Office Properties Income Trust is a United States-based real estate investment trust. Its property portfolio is mainly composed of single-tenant office buildings, as well as multitenant properties, which are leased to parties of high credit quality characteristics. Its largest tenant is the U.S. government, followed by other smaller government entities and corporations. The company's properties are spread across the United States.

Office Propertiesome Trust Headlines

No Headlines