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SYN Prop E Tech (SYN Prop E Tech) Cyclically Adjusted Book per Share : $10.43 (As of Dec. 2023)


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What is SYN Prop E Tech 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.

SYN Prop E Tech's adjusted book value per share for the three months ended in Dec. 2023 was $8.109. 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 $10.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SYN Prop E Tech's average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of SYN Prop E Tech was 7.00% per year. The lowest was 4.70% per year. And the median was 6.90% per year.

As of today (2024-05-17), SYN Prop E Tech's current stock price is $7.01. SYN Prop E Tech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.43. SYN Prop E Tech's Cyclically Adjusted PB Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SYN Prop E Tech was 2.44. The lowest was 0.21. And the median was 0.93.


SYN Prop E Tech Cyclically Adjusted Book per Share Historical Data

The historical data trend for SYN Prop E Tech'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.

SYN Prop E Tech Cyclically Adjusted Book per Share Chart

SYN Prop E Tech 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 9.53 2.16 25.66 9.58 10.43

SYN Prop E Tech 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 9.58 13.03 10.47 10.86 10.43

Competitive Comparison of SYN Prop E Tech's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, SYN Prop E Tech'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.


SYN Prop E Tech's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SYN Prop E Tech's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SYN Prop E Tech's Cyclically Adjusted PB Ratio falls into.



SYN Prop E Tech 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, SYN Prop E Tech'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)
=8.109/157.1481*157.1481
=8.109

Current CPI (Dec. 2023) = 157.1481.

SYN Prop E Tech Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.338 90.447 26.649
201406 16.380 91.838 28.029
201409 16.278 92.602 27.624
201412 14.158 94.194 23.621
201503 11.855 97.799 19.049
201506 12.253 100.006 19.254
201509 10.360 101.392 16.057
201512 10.363 104.247 15.622
201603 10.898 106.979 16.009
201606 11.645 108.851 16.812
201609 12.080 109.986 17.260
201612 11.742 110.802 16.653
201703 12.375 111.869 17.384
201706 11.580 112.115 16.231
201709 12.490 112.777 17.404
201712 11.803 114.068 16.261
201803 11.937 114.868 16.331
201806 10.611 117.038 14.248
201809 9.594 117.881 12.790
201812 8.999 118.340 11.950
201903 9.127 120.124 11.940
201906 8.941 120.977 11.614
201909 8.445 121.292 10.941
201912 11.238 123.436 14.307
202003 9.520 124.092 12.056
202006 8.902 123.557 11.322
202009 8.612 125.095 10.819
202012 8.290 129.012 10.098
202103 7.608 131.660 9.081
202106 8.553 133.871 10.040
202109 8.199 137.913 9.343
202112 7.717 141.992 8.541
202203 8.700 146.537 9.330
202206 8.428 149.784 8.842
202209 7.748 147.800 8.238
202212 7.626 150.207 7.978
202303 7.604 153.352 7.792
202306 8.137 154.519 8.275
202309 8.016 155.464 8.103
202312 8.109 157.148 8.109

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


SYN Prop E Tech  (OTCPK:SYYNY) 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.

SYN Prop E Tech's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.01/10.43
=0.67

* 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 SYN Prop E Tech was 2.44. The lowest was 0.21. And the median was 0.93.


Be Aware

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


SYN Prop E Tech Cyclically Adjusted Book per Share Related Terms

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


SYN Prop E Tech (SYN Prop E Tech) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima, 3600, 14th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
SYN Prop E Tech SA is involved in the real estate sector. It focuses on the development, trade, and management of commercial properties in Brazil. Its portfolio includes shopping centres and corporate buildings. Business is organized into three operating segments being Buildings, Shopping malls, Services and Others. Key revenue is earned from the Building division which is engaged in the sale and lease of commercial buildings. Shopping malls consists of the lease of stores in shopping malls. Services consists of services involving the management of shopping malls, development of properties and operation of parking lots. Other consists of the lease of other types of properties.