GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gulf & Pacific Equities Corp (TSXV:GUF) » Definitions » Cyclically Adjusted Book per Share

Gulf & Pacific Equities (TSXV:GUF) Cyclically Adjusted Book per Share : C$0.91 (As of Sep. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Gulf & Pacific Equities 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.

Gulf & Pacific Equities's adjusted book value per share for the three months ended in Sep. 2024 was C$1.035. 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$0.91 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Gulf & Pacific Equities's average Cyclically Adjusted Book Growth Rate was -7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Gulf & Pacific Equities was 27.70% per year. The lowest was 1.10% per year. And the median was 10.60% per year.

As of today (2024-12-15), Gulf & Pacific Equities's current stock price is C$0.49. Gulf & Pacific Equities's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$0.91. Gulf & Pacific Equities's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gulf & Pacific Equities was 0.63. The lowest was 0.16. And the median was 0.33.


Gulf & Pacific Equities Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gulf & Pacific Equities'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.

Gulf & Pacific Equities Cyclically Adjusted Book per Share Chart

Gulf & Pacific Equities 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 0.94 0.97 0.95 0.97 0.97

Gulf & Pacific Equities 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 0.98 0.97 0.95 0.93 0.91

Competitive Comparison of Gulf & Pacific Equities's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Gulf & Pacific Equities'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.


Gulf & Pacific Equities's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gulf & Pacific Equities's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gulf & Pacific Equities's Cyclically Adjusted PB Ratio falls into.



Gulf & Pacific Equities 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, Gulf & Pacific Equities'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)
=1.035/127.2847*127.2847
=1.035

Current CPI (Sep. 2024) = 127.2847.

Gulf & Pacific Equities Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.891 98.367 1.153
201503 0.831 99.789 1.060
201506 0.824 100.500 1.044
201509 0.660 100.421 0.837
201512 0.752 99.947 0.958
201603 0.757 101.054 0.954
201606 0.761 102.002 0.950
201609 0.765 101.765 0.957
201612 0.670 101.449 0.841
201703 0.673 102.634 0.835
201706 0.678 103.029 0.838
201709 0.682 103.345 0.840
201712 0.663 103.345 0.817
201803 0.666 105.004 0.807
201806 0.670 105.557 0.808
201809 0.667 105.636 0.804
201812 0.681 105.399 0.822
201903 0.684 106.979 0.814
201906 0.688 107.690 0.813
201909 0.691 107.611 0.817
201912 0.671 107.769 0.793
202003 0.680 107.927 0.802
202006 0.677 108.401 0.795
202009 0.682 108.164 0.803
202012 0.692 108.559 0.811
202103 0.697 110.298 0.804
202106 0.705 111.720 0.803
202109 0.712 112.905 0.803
202112 0.904 113.774 1.011
202203 0.904 117.646 0.978
202206 0.905 120.806 0.954
202209 0.908 120.648 0.958
202212 0.978 120.964 1.029
202303 0.983 122.702 1.020
202306 1.007 124.203 1.032
202309 1.008 125.230 1.025
202312 1.033 125.072 1.051
202403 1.031 126.258 1.039
202406 1.029 127.522 1.027
202409 1.035 127.285 1.035

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


Gulf & Pacific Equities  (TSXV:GUF) 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.

Gulf & Pacific Equities's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.49/0.91
=0.54

* 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 Gulf & Pacific Equities was 0.63. The lowest was 0.16. 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.


Gulf & Pacific Equities Cyclically Adjusted Book per Share Related Terms

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


Gulf & Pacific Equities Business Description

Traded in Other Exchanges
N/A
Address
1240 Bay Street, Suite 800, Toronto, ON, CAN, M5R 2A7
Gulf & Pacific Equities Corp is a Canada-based company, which owns and operates commercial rental properties in Western Canada. It acquires, manages, and develops anchored shopping malls in rural centres in Alberta and British Columbia. The company's portfolio consists of over three properties located in Northern Alberta, which are St. Paul Shopping Centre, Three Hills property, and Tri-City Mall.
Executives
Anthony Cohen 10% Security Holder, Director, Senior Officer
Gregory Steers 10% Security Holder
Greg Ka Wai Wong Director, Senior Officer

Gulf & Pacific Equities Headlines

No Headlines