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PRKS (United Parks & Resorts) Cyclically Adjusted Book per Share : $1.89 (As of Dec. 2024)


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What is United Parks & Resorts 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.

United Parks & Resorts's adjusted book value per share for the three months ended in Dec. 2024 was $-8.388. 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 $1.89 for the trailing ten years ended in Dec. 2024.

During the past 12 months, United Parks & Resorts's average Cyclically Adjusted Book Growth Rate was -43.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -24.40% 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 United Parks & Resorts was -24.40% per year. The lowest was -24.40% per year. And the median was -24.40% per year.

As of today (2025-04-15), United Parks & Resorts's current stock price is $42.73. United Parks & Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $1.89. United Parks & Resorts's Cyclically Adjusted PB Ratio of today is 22.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of United Parks & Resorts was 30.37. The lowest was 9.18. And the median was 15.00.


United Parks & Resorts Cyclically Adjusted Book per Share Historical Data

The historical data trend for United Parks & Resorts'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.

United Parks & Resorts Cyclically Adjusted Book per Share Chart

United Parks & Resorts 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 - 4.37 3.58 3.36 1.89

United Parks & Resorts Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.36 3.10 2.76 2.33 1.89

Competitive Comparison of United Parks & Resorts's Cyclically Adjusted Book per Share

For the Leisure subindustry, United Parks & Resorts'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.


United Parks & Resorts's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where United Parks & Resorts's Cyclically Adjusted PB Ratio falls into.


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United Parks & Resorts 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, United Parks & Resorts's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-8.388/133.1571*133.1571
=-8.388

Current CPI (Dec. 2024) = 133.1571.

United Parks & Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201503 5.814 99.621 7.771
201506 5.627 100.684 7.442
201509 6.334 100.392 8.401
201512 6.016 99.792 8.027
201603 4.783 100.470 6.339
201606 4.664 101.688 6.107
201609 5.374 101.861 7.025
201612 5.404 101.863 7.064
201703 4.751 102.862 6.150
201706 2.782 103.349 3.584
201709 3.481 104.136 4.451
201712 3.338 104.011 4.273
201803 2.756 105.290 3.485
201806 3.116 106.317 3.903
201809 4.305 106.507 5.382
201812 3.186 105.998 4.002
201903 2.709 107.251 3.363
201906 1.684 108.070 2.075
201909 2.962 108.329 3.641
201912 2.695 108.420 3.310
202003 1.743 108.902 2.131
202006 0.117 108.767 0.143
202009 -0.851 109.815 -1.032
202012 -1.350 109.897 -1.636
202103 -1.855 111.754 -2.210
202106 -0.269 114.631 -0.312
202109 0.148 115.734 0.170
202112 -0.449 117.630 -0.508
202203 -2.050 121.301 -2.250
202206 -5.871 125.017 -6.253
202209 -6.440 125.227 -6.848
202212 -6.848 125.222 -7.282
202303 -7.091 127.348 -7.414
202306 35.935 128.729 37.171
202309 -3.947 129.860 -4.047
202312 -3.255 129.419 -3.349
202403 -3.804 131.776 -3.844
202406 -6.096 132.554 -6.124
202409 -8.175 133.029 -8.183
202412 -8.388 133.157 -8.388

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


United Parks & Resorts  (NYSE:PRKS) 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.

United Parks & Resorts's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.73/1.89
=22.61

* 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 United Parks & Resorts was 30.37. The lowest was 9.18. And the median was 15.00.


Be Aware

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


United Parks & Resorts Cyclically Adjusted Book per Share Related Terms

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


United Parks & Resorts Business Description

Traded in Other Exchanges
N/A
Address
6240 Sea Harbor Drive, Orlando, FL, USA, 32821
United Parks & Resorts Inc is an American theme park and entertainment company. Its core business is the operation of theme parks and entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Busch Gardens, Aquatica, Discovery Cove, and Sesame Place. The company generates the majority of its revenue from selling admission tickets for its theme parks.
Executives
Byron Surrett officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher L. Finazzo officer: Chief Commercial Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
George Anthony Taylor officer: See Remarks C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Yoshikazu Maruyama director C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Christopher Dold officer: Chief Zoological Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Kyle Robert Miller officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Shekufeh Boyle officer: Chief Accounting Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Swanson Marc officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
William Gray director 355 MAPLE AVENUE, HARLEYSVILLE PA 19438
Forrester James W Jr officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Michelle F Adams officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
James Clark Hughes officer: Chief Human Resources Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Daniel C Mayer officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Timothy Hartnett director 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Elizabeth Gulacsy officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819