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PRKA (Parks! America) Cyclically Adjusted Book per Share : $15.50 (As of Mar. 2025)


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What is Parks! America 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.

Parks! America's adjusted book value per share for the three months ended in Mar. 2025 was $18.354. 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 $15.50 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Parks! America's average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.90% 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 Parks! America was 23.20% per year. The lowest was 2.20% per year. And the median was 18.50% per year.

As of today (2025-07-05), Parks! America's current stock price is $35.00. Parks! America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $15.50. Parks! America's Cyclically Adjusted PB Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Parks! America was 10.67. The lowest was 0.81. And the median was 3.06.


Parks! America Cyclically Adjusted Book per Share Historical Data

The historical data trend for Parks! America'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.

Parks! America Cyclically Adjusted Book per Share Chart

Parks! America Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.91 8.71 10.98 12.92 14.61

Parks! America 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 13.82 14.23 14.61 14.96 15.50

Competitive Comparison of Parks! America's Cyclically Adjusted Book per Share

For the Leisure subindustry, Parks! America'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.


Parks! America's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Parks! America's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Parks! America's Cyclically Adjusted PB Ratio falls into.


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Parks! America 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, Parks! America'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)
=18.354/134.9266*134.9266
=18.354

Current CPI (Mar. 2025) = 134.9266.

Parks! America Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.269 100.684 5.721
201509 4.839 100.392 6.504
201512 4.659 99.792 6.299
201603 4.740 100.470 6.366
201606 5.721 101.688 7.591
201609 7.396 101.861 9.797
201612 7.404 101.863 9.807
201703 7.627 102.862 10.005
201706 8.502 103.349 11.100
201709 9.086 104.136 11.773
201712 8.905 104.011 11.552
201803 8.874 105.290 11.372
201806 9.716 106.317 12.331
201809 10.455 106.507 13.245
201812 10.434 105.998 13.282
201903 10.398 107.251 13.081
201906 11.226 108.070 14.016
201909 11.932 108.329 14.862
201912 11.811 108.420 14.699
202003 11.572 108.902 14.337
202006 13.260 108.767 16.449
202009 15.635 109.815 19.210
202012 15.939 109.897 19.569
202103 16.694 111.754 20.155
202106 18.381 114.631 21.635
202109 19.401 115.734 22.618
202112 18.839 117.630 21.609
202203 18.820 121.301 20.934
202206 19.777 125.017 21.345
202209 20.418 125.227 22.000
202212 20.214 125.222 21.781
202303 19.125 127.348 20.263
202306 19.844 128.729 20.799
202309 19.848 129.860 20.622
202312 19.396 129.419 20.221
202403 18.086 131.776 18.518
202406 18.152 132.554 18.477
202409 18.425 133.029 18.688
202412 18.680 133.157 18.928
202503 18.354 134.927 18.354

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


Parks! America  (OTCPK:PRKA) 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.

Parks! America's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.00/15.50
=2.26

* 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 Parks! America was 10.67. The lowest was 0.81. And the median was 3.06.


Be Aware

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


Parks! America Cyclically Adjusted Book per Share Related Terms

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


Parks! America Business Description

Traded in Other Exchanges
N/A
Address
1300 Oak Grove Road, Pine Mountain, GA, USA, 31822
Parks! America Inc through its subsidiaries involved in the business of acquiring, developing and operating local and regional theme parks and attractions in the United States. The company owns and operates Wild animal safari theme parks located in Pine mountain in the state of Georgia and Strafford in the state of Missouri in the United States. Its operating segment includes Georgia Park; Missouri Park and Texas Park. The company generates maximum revenue from the Georgia Park segment.
Executives
Focused Compounding Fund, Lp 10 percent owner 3838 OAK LAWN AVENUE, SUITE 1000, C/O FOCUSED COMPOUNDING CAPITAL MGMT, DALLAS TX 75219
Todd R White officer: Chief Financial Officer 16600 N THOMPSON PEAK PKWY, #1069, SCOTTSDALE AZ 85260
Charles Kohnen director 5424 SPICE BUSH COURT, DAYTON OH 45429
Lisa Michelle Brady director 1007 DOCKWAY DRIVE, HURON OH 44839
Richard Ruffolo director C/O THE YANKEE CANDLE COMPANY, INC., 16 YANKEE CANDLE WAY, SOUTH DEERFIELD MA 01373
Focused Compounding Capital Management, Llc other: Investment Mgr of 10% Owner 1700 ALMA DRIVE, SUITE 460, PLANO TX 75075
Andrew Mitchel Kuhn other: Managing Member of IA 1700 ALMA DRIVE, SUITE 460, PLANO TX 75075
Geoffrey Harvey Gannon other: Managing Member of IA 1700 ALMA DRIVE, SUITE 460, PLANO TX 75075
Mark Alan Whitfield officer: Executive Vice President 1501 COPPERFIELD PARKWAY, APT 312, COLLEGE STATION TX 77845
Voorhis Dale Van director, officer: Chief Operating Officer 5684 PIONEER TRAIL, HIRAM OH 44234
Jeff Lococo director, officer: Secretary 4304 WALNUT CREEK LANE, SANDUSKY OH 44870
William S Jump director 485 OAK CREEK CLIFFS DRIVE, SEDONA AZ 86336
John Paul Gannon director 6040 KENTIGERN CT. SOUTH, DUBLIN OH 43017
Nicholas Aaron Parks 10 percent owner 5010 THORNBROOK RIDGE, COLUMBIA MO 65203
Jim Meikle director 208 S ACADEMY AVE, STE 130, EAGLE ID 83616