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Leo Palace21 (STU:MQI) Cyclically Adjusted Book per Share : €2.02 (As of Dec. 2023)


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What is Leo Palace21 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.

Leo Palace21's adjusted book value per share for the three months ended in Dec. 2023 was €0.771. 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 €2.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Leo Palace21's average Cyclically Adjusted Book Growth Rate was -4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Leo Palace21 was -5.90% per year. The lowest was -9.40% per year. And the median was -8.40% per year.

As of today (2024-04-29), Leo Palace21's current stock price is €3.04. Leo Palace21's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €2.02. Leo Palace21's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leo Palace21 was 1.99. The lowest was 0.32. And the median was 0.82.


Leo Palace21 Cyclically Adjusted Book per Share Historical Data

The historical data trend for Leo Palace21'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.

Leo Palace21 Cyclically Adjusted Book per Share Chart

Leo Palace21 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 3.28 2.72 2.37 2.27

Leo Palace21 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 2.35 2.27 2.06 2.04 2.02

Competitive Comparison of Leo Palace21's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Leo Palace21'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.


Leo Palace21's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leo Palace21's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Leo Palace21's Cyclically Adjusted PB Ratio falls into.



Leo Palace21 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, Leo Palace21's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.771/106.8000*106.8000
=0.771

Current CPI (Dec. 2023) = 106.8000.

Leo Palace21 Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.818 95.700 3.145
201406 2.954 98.000 3.219
201409 3.028 98.500 3.283
201412 3.000 97.900 3.273
201503 3.692 97.900 4.028
201506 3.553 98.400 3.856
201509 3.820 98.500 4.142
201512 3.989 98.100 4.343
201603 4.381 97.900 4.779
201606 4.618 98.100 5.028
201609 4.836 98.000 5.270
201612 4.515 98.400 4.900
201703 5.004 98.100 5.448
201706 4.875 98.500 5.286
201709 4.690 98.800 5.070
201712 4.673 99.400 5.021
201803 4.833 99.200 5.203
201806 4.713 99.200 5.074
201809 4.525 99.900 4.838
201812 3.450 99.700 3.696
201903 2.656 99.700 2.845
201906 2.549 99.800 2.728
201909 1.946 100.100 2.076
201912 1.930 100.500 2.051
202003 0.054 100.300 0.057
202006 -0.400 99.900 -0.428
202009 -0.567 99.900 -0.606
202012 -0.215 99.300 -0.231
202103 -0.190 99.900 -0.203
202106 -0.283 99.500 -0.304
202109 -0.251 100.100 -0.268
202112 -0.125 100.100 -0.133
202203 0.033 101.100 0.035
202206 0.095 101.800 0.100
202209 0.199 103.100 0.206
202212 0.267 104.100 0.274
202303 0.518 104.400 0.530
202306 0.616 105.200 0.625
202309 0.695 106.200 0.699
202312 0.771 106.800 0.771

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


Leo Palace21  (STU:MQI) 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.

Leo Palace21's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.04/2.02
=1.50

* 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 Leo Palace21 was 1.99. The lowest was 0.32. And the median was 0.82.


Be Aware

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


Leo Palace21 Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Leo Palace21's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Leo Palace21 (STU:MQI) Business Description

Industry
Traded in Other Exchanges
Address
2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

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