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Urbana (TSX:URB) Cyclically Adjusted Book per Share : C$6.89 (As of Mar. 2025)


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What is Urbana 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.

Urbana's adjusted book value per share for the three months ended in Mar. 2025 was C$11.099. 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$6.89 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Urbana's average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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 Urbana was 22.90% per year. The lowest was -7.60% per year. And the median was 6.90% per year.

As of today (2025-05-23), Urbana's current stock price is C$6.18. Urbana's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$6.89. Urbana's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Urbana was 0.94. The lowest was 0.28. And the median was 0.66.


Urbana Cyclically Adjusted Book per Share Historical Data

The historical data trend for Urbana'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.

Urbana Cyclically Adjusted Book per Share Chart

Urbana 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 5.07 4.50 5.63 6.40 6.64

Urbana Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.14 7.57 6.55 6.64 6.89

Competitive Comparison of Urbana's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Urbana'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.


Urbana's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Urbana's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Urbana 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, Urbana's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=11.099/129.1809*129.1809
=11.099

Current CPI (Mar. 2025) = 129.1809.

Urbana Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.407 100.500 4.379
201509 3.349 100.421 4.308
201512 3.485 99.947 4.504
201603 3.288 101.054 4.203
201606 3.618 102.002 4.582
201609 3.816 101.765 4.844
201612 4.477 101.449 5.701
201703 4.648 102.634 5.850
201706 4.704 103.029 5.898
201709 4.785 103.345 5.981
201712 5.026 103.345 6.283
201803 4.636 105.004 5.703
201806 4.567 105.557 5.589
201809 4.459 105.636 5.453
201812 4.149 105.399 5.085
201903 4.325 106.979 5.223
201906 4.514 107.690 5.415
201909 4.829 107.611 5.797
201912 5.115 107.769 6.131
202003 4.130 107.927 4.943
202006 4.803 108.401 5.724
202009 4.935 108.164 5.894
202012 5.636 108.559 6.707
202103 5.982 110.298 7.006
202106 6.560 111.720 7.585
202109 6.845 112.905 7.832
202112 7.003 113.774 7.951
202203 7.676 117.646 8.429
202206 7.021 120.806 7.508
202209 7.069 120.648 7.569
202212 7.479 120.964 7.987
202303 7.496 122.702 7.892
202306 7.454 124.203 7.753
202309 8.796 125.230 9.073
202312 9.049 125.072 9.346
202403 9.916 126.258 10.146
202406 9.743 127.522 9.870
202409 10.319 127.285 10.473
202412 11.388 127.364 11.550
202503 11.099 129.181 11.099

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


Urbana  (TSX:URB) 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.

Urbana's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.18/6.89
=0.90

* 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 Urbana was 0.94. The lowest was 0.28. And the median was 0.66.


Be Aware

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


Urbana Cyclically Adjusted Book per Share Related Terms

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


Urbana Business Description

Industry
Traded in Other Exchanges
Address
150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9
Urbana Corp is an investment company. It invests in the financial service sector, from exchanges to banks to broker-dealers and investment managers. The business objectives and strategies of the company are to seek out, and invest in, private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. The Company has a single operating segment which is managing company investments.
Executives
Brendan T.n. Caldwell Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Gundy Director
George Dickson Elliott Director
Sylvia V. Stinson Senior Officer
Thomas Scott Caldwell Director
Charles Pennock Director

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