GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Trinity Place Holdings Inc (OTCPK:TPHS) » Definitions » Cyclically Adjusted Book per Share

TPHS (Trinity Place Holdings) Cyclically Adjusted Book per Share : $1.46 (As of Dec. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Trinity Place Holdings 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.

Trinity Place Holdings's adjusted book value per share for the three months ended in Dec. 2024 was $0.034. 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 $1.46 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Trinity Place Holdings's average Cyclically Adjusted Book Growth Rate was -51.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -37.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -28.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -18.90% 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 Trinity Place Holdings was 7.10% per year. The lowest was -37.30% per year. And the median was -0.20% per year.

As of today (2025-05-17), Trinity Place Holdings's current stock price is $0.04545. Trinity Place Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $1.46. Trinity Place Holdings's Cyclically Adjusted PB Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Trinity Place Holdings was 0.78. The lowest was 0.01. And the median was 0.33.


Trinity Place Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Trinity Place Holdings'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.

Trinity Place Holdings Cyclically Adjusted Book per Share Chart

Trinity Place Holdings Annual Data
Trend Feb15 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 6.96 5.93 4.68 2.97 1.46

Trinity Place Holdings 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 2.97 2.59 2.21 1.82 1.46

Competitive Comparison of Trinity Place Holdings's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Trinity Place Holdings'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.


Trinity Place Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Trinity Place Holdings's Cyclically Adjusted PB Ratio falls into.


;
;

Trinity Place Holdings 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, Trinity Place Holdings'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)
=0.034/133.1571*133.1571
=0.034

Current CPI (Dec. 2024) = 133.1571.

Trinity Place Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201502 0.256 99.032 0.344
201505 -0.017 100.333 -0.023
201508 -0.067 100.548 -0.089
201511 -0.163 100.135 -0.217
201603 1.192 100.470 1.580
201606 1.118 101.688 1.464
201609 1.113 101.861 1.455
201612 1.077 101.863 1.408
201703 1.848 102.862 2.392
201706 2.074 103.349 2.672
201709 2.046 104.136 2.616
201712 2.139 104.011 2.738
201803 2.083 105.290 2.634
201806 2.018 106.317 2.527
201809 1.959 106.507 2.449
201812 1.879 105.998 2.360
201903 1.794 107.251 2.227
201906 1.724 108.070 2.124
201909 1.655 108.329 2.034
201912 1.872 108.420 2.299
202003 1.757 108.902 2.148
202006 2.406 108.767 2.946
202009 2.250 109.815 2.728
202012 1.928 109.897 2.336
202103 1.888 111.754 2.250
202106 1.751 114.631 2.034
202109 1.725 115.734 1.985
202112 1.365 117.630 1.545
202203 1.435 121.301 1.575
202206 1.218 125.017 1.297
202209 1.052 125.227 1.119
202212 0.741 125.222 0.788
202303 0.570 127.348 0.596
202306 0.276 128.729 0.285
202309 -0.030 129.860 -0.031
202312 -0.263 129.419 -0.271
202403 0.042 131.776 0.042
202406 0.028 132.554 0.028
202409 0.023 133.029 0.023
202412 0.034 133.157 0.034

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


Trinity Place Holdings  (OTCPK:TPHS) 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.

Trinity Place Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.04545/1.46
=0.03

* 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 Trinity Place Holdings was 0.78. The lowest was 0.01. And the median was 0.33.


Be Aware

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


Trinity Place Holdings Cyclically Adjusted Book per Share Related Terms

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


Trinity Place Holdings Business Description

Traded in Other Exchanges
N/A
Address
340 Madison Avenue, New York, NY, USA, 10173
Trinity Place Holdings Inc is a real estate holding, investment, and asset management company. It is engaged in owning, investing in, managing, developing or redeveloping real estate assets and real estate-related securities. It also controls a range of intellectual property assets focused on the consumer sector, including its online marketplace at FilenesBasement.com, its rights to the Stanley Blacker brand, and the intellectual property associated with the Running of the Brides event. The company generates revenue from Rental revenue, Other Income, and Sales of residential condominium units.
Executives
Mfp Partners Lp 10 percent owner, other: See remarks below 909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Bartels Patrick J Jr director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Matthew Messinger, director, officer: President and CEO ONE SYMS WAY, SECAUCUS NJ 07094
Alan Cohen director 10 REUTEN DRIVE, CLOSTER NJ 07624
Joanne Minieri director 100 VENTERANS MEMORIAL HIGHWAY, 11TH FL, HAUPPAUGE NY 11788
Jennifer C. Price 10 percent owner, other: See remarks C/O MFP INVESTORS LLC, 909 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Jeffrey B Citrin director 950 THIRD AVENUE, 17TH FLOOR, NEW YORK NY 10022
Steven Kahn officer: Chief Financial Officer 717 FIFTH AVENUE, SUITE 1303, NEW YORK NY 10022
Keith M Pattiz director C/O MCDERMOTT WILL & EMERY, 340 MADISON AVE, NEW YORK NY 10173-1922
Alexander C Matina director C/O MFP INVESTORS, LLC, 667 MADISON AVE, 25TH FL, NEW YORK NY 10065
Richard Guy Pyontek officer: Chief Accounting Officer 1 SYMS WAY, SECAUCUS NJ 07094
Marcato International Master Fund, Ltd. 10 percent owner C/O OGIER FIDUCIARY SERVICES (CAYMAN)LTD, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9007
Marcato Capital Management Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Marcato Holdings Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Ds Fund I Llc 10 percent owner 7274 FISHER ISLAND DRIVE, MIAMI BEACH FL 33109-0760