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Bridgemarq Real Estate Services (TSX:BRE) Cyclically Adjusted Book per Share : C$-4.80 (As of Sep. 2024)


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What is Bridgemarq Real Estate Services 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.

Bridgemarq Real Estate Services's adjusted book value per share for the three months ended in Sep. 2024 was C$-7.265. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$-4.80 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -27.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -59.00% 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 Bridgemarq Real Estate Services was -27.80% per year. The lowest was -105.00% per year. And the median was -41.50% per year.

As of today (2024-12-14), Bridgemarq Real Estate Services's current stock price is C$14.91. Bridgemarq Real Estate Services's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$-4.80. Bridgemarq Real Estate Services's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bridgemarq Real Estate Services was 124.50. The lowest was 3.03. And the median was 7.55.


Bridgemarq Real Estate Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bridgemarq Real Estate Services'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.

Bridgemarq Real Estate Services Cyclically Adjusted Book per Share Chart

Bridgemarq Real Estate Services 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 -1.31 -2.10 -2.93 -3.71 -4.38

Bridgemarq Real Estate Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -4.26 -4.38 -4.54 -4.68 -4.80

Competitive Comparison of Bridgemarq Real Estate Services's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Bridgemarq Real Estate Services'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.


Bridgemarq Real Estate Services's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Bridgemarq Real Estate Services's Cyclically Adjusted PB Ratio falls into.



Bridgemarq Real Estate Services 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, Bridgemarq Real Estate Services's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-7.265/127.2847*127.2847
=-7.265

Current CPI (Sep. 2024) = 127.2847.

Bridgemarq Real Estate Services Quarterly Data

Book Value per Share CPI Adj_Book
201412 -1.581 98.367 -2.046
201503 -2.253 99.789 -2.874
201506 -2.553 100.500 -3.233
201509 -2.042 100.421 -2.588
201512 -2.675 99.947 -3.407
201603 -2.901 101.054 -3.654
201606 -3.103 102.002 -3.872
201609 -3.537 101.765 -4.424
201612 -3.300 101.449 -4.140
201703 -3.490 102.634 -4.328
201706 -3.464 103.029 -4.280
201709 -3.275 103.345 -4.034
201712 -3.309 103.345 -4.076
201803 -3.673 105.004 -4.452
201806 -4.397 105.557 -5.302
201809 -3.411 105.636 -4.110
201812 -2.813 105.399 -3.397
201903 -4.035 106.979 -4.801
201906 -3.555 107.690 -4.202
201909 -3.637 107.611 -4.302
201912 -3.838 107.769 -4.533
202003 -2.054 107.927 -2.422
202006 -3.359 108.401 -3.944
202009 -3.929 108.164 -4.624
202012 -5.108 108.559 -5.989
202103 -5.712 110.298 -6.592
202106 -5.954 111.720 -6.784
202109 -5.883 112.905 -6.632
202112 -5.955 113.774 -6.662
202203 -5.795 117.646 -6.270
202206 -4.937 120.806 -5.202
202209 -5.390 120.648 -5.687
202212 -5.094 120.964 -5.360
202303 -5.928 122.702 -6.149
202306 -6.145 124.203 -6.297
202309 -5.576 125.230 -5.667
202312 -6.023 125.072 -6.130
202403 -6.568 126.258 -6.621
202406 -5.790 127.522 -5.779
202409 -7.265 127.285 -7.265

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


Bridgemarq Real Estate Services  (TSX:BRE) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bridgemarq Real Estate Services was 124.50. The lowest was 3.03. And the median was 7.55.


Be Aware

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


Bridgemarq Real Estate Services Cyclically Adjusted Book per Share Related Terms

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


Bridgemarq Real Estate Services Business Description

Traded in Other Exchanges
Address
39 Wynford Drive, Toronto, ON, CAN, M3C 3K5
Bridgemarq Real Estate Services Inc is a Canada-based real estate services company. The Company has only one business segment which is providing information and services to realtors and real estate brokerages in Canada through a portfolio of real estate services brands. It supplies realtors with information, tools, and services to assist them in providing and delivery of real estate sales services. The company's brands include Royal LePage and Via Capitale and Johnston and Daniel.

Bridgemarq Real Estate Services Headlines

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