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NorthStar Healthcareome (NorthStar Healthcareome) Cyclically Adjusted Book per Share : $4.91 (As of Dec. 2023)


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What is NorthStar Healthcareome 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.

NorthStar Healthcareome's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was $0.716. 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 $4.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NorthStar Healthcareome's average Cyclically Adjusted Book Growth Rate was -5.60% 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.

As of today (2024-04-30), NorthStar Healthcareome's current stock price is $ 0.6958. NorthStar Healthcareome's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was $4.91. NorthStar Healthcareome's Cyclically Adjusted PB Ratio of today is 0.14.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of NorthStar Healthcareome was 0.19. The lowest was 0.07. And the median was 0.17.


NorthStar Healthcareome Cyclically Adjusted Book per Share Historical Data

The historical data trend for NorthStar Healthcareome'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.

NorthStar Healthcareome Cyclically Adjusted Book per Share Chart

NorthStar Healthcareome 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 - - - 5.20 4.91

NorthStar Healthcareome Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.20 - - - 4.91

Competitive Comparison of NorthStar Healthcareome's Cyclically Adjusted Book per Share

For the REIT - Healthcare Facilities subindustry, NorthStar Healthcareome'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.


NorthStar Healthcareome's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



NorthStar Healthcareome 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, NorthStar Healthcareome's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.716/129.4194*129.4194
=0.716

Current CPI (Dec. 2023) = 129.4194.

NorthStar Healthcareome Annual Data

Book Value per Share CPI Adj_Book
201412 6.336 99.070 8.277
201512 7.750 99.792 10.051
201612 6.413 101.863 8.148
201712 5.027 104.011 6.255
201812 3.919 105.998 4.785
201912 3.503 108.420 4.181
202012 2.151 109.897 2.533
202112 2.302 117.630 2.533
202212 1.530 125.222 1.581
202312 0.716 129.419 0.716

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


NorthStar Healthcareome  (OTCPK:NHHS) 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.

NorthStar Healthcareome's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.6958/4.91
=0.14

* 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 NorthStar Healthcareome was 0.19. The lowest was 0.07. And the median was 0.17.


Be Aware

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


NorthStar Healthcareome Cyclically Adjusted Book per Share Related Terms

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


NorthStar Healthcareome (NorthStar Healthcareome) Business Description

Traded in Other Exchanges
N/A
Address
16 East 34th Street, 18th Floor, New York, NY, USA, 10016
NorthStar Healthcare Income Inc is a real estate investment trust. The trust is formed to acquire, originate and asset manage a diversified portfolio of equity, debt and securities investments in healthcare real estate, directly or through joint ventures, with a focus on the mid-acuity seniors housing sector, such as assisted living, memory care, skilled nursing and independent living facilities and continuing care retirement communities. It also invests in other healthcare property types, including medical office buildings, hospitals, rehabilitation facilities and ancillary healthcare services businesses. The trust operates in five segments namely Direct Investments - Net Lease; Direct Investments - Operating; Unconsolidated Investments; Debt and Securities Investments; and Corporate.
Executives
Ann Harrington officer: General Counsel and Secretary C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Kendall K Young officer: CEO and President 3760 KILROY AIRPORT WAY, SUITE 300, LONG BEACH CA 90806
Nicholas Balzo officer: Chief Financial Officer 201 COMMONS PARK S, UNIT 502, STAMFORD CT 06902
Paul Varisano officer: Chief Financial Officer 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Neale Redington officer: Chief Financial Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Jonathan A. Carnella director C/O NORTHSTAR HEALTHCARE INCOME, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Richard S. Welch director, officer: Chairman C/O COLONY NORTHSTAR, INC., 515 S. FLOWER STREET, LOS ANGELES CA 90071
Smith Jack Fleming Jr. director C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Gregory A Samay director C/O NORTHSTAR HEALTHCARE INCOME INC, 399 PARK AVE 18TH FLOOR, NEW YORK NY 10022
Thomas Andrew Smith director 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Justin T Chang director, officer: Chairman 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Daniel Joseph Altobello director 6550 ROCK SPRING DR, SUITE 550, BETHESDA MD 20817
Robert C Gatenio director, officer: Vice Chairman C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Frank V Saracino officer: CFO and Treasurer 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Ronald J Jeanneault officer: CEO and President C/O NORTHSTAR HEALTHCARE INCOME, INC., 399 PARK AVENUE, 18TH FL, NEW YORK NY 10022

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