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R&R Real Estate Investment Trust (TSXV:RRR.UN) Cyclically Adjusted Book per Share : C$0.56 (As of Sep. 2024)


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What is R&R Real Estate Investment Trust 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.

R&R Real Estate Investment Trust's adjusted book value per share for the three months ended in Sep. 2024 was C$0.360. 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$0.56 for the trailing ten years ended in Sep. 2024.

During the past 12 months, R&R Real Estate Investment Trust's average Cyclically Adjusted Book Growth Rate was 9.80% 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.

As of today (2024-12-13), R&R Real Estate Investment Trust's current stock price is C$0.17. R&R Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$0.56. R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is 0.30.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of R&R Real Estate Investment Trust was 0.34. The lowest was 0.18. And the median was 0.26.


R&R Real Estate Investment Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for R&R Real Estate Investment Trust'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.

R&R Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

R&R Real Estate Investment Trust 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 - - - - 0.52

R&R Real Estate Investment Trust 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 0.51 0.52 0.54 0.55 0.56

Competitive Comparison of R&R Real Estate Investment Trust's Cyclically Adjusted Book per Share

For the REIT - Hotel & Motel subindustry, R&R Real Estate Investment Trust'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.


R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.



R&R Real Estate Investment Trust 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, R&R Real Estate Investment Trust'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)
=0.36/127.2847*127.2847
=0.360

Current CPI (Sep. 2024) = 127.2847.

R&R Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.009 98.367 -0.012
201503 0.057 99.789 0.073
201506 0.065 100.500 0.082
201509 -0.371 100.421 -0.470
201512 0.192 99.947 0.245
201603 0.231 101.054 0.291
201606 0.194 102.002 0.242
201609 0.171 101.765 0.214
201612 0.126 101.449 0.158
201703 0.098 102.634 0.122
201706 0.151 103.029 0.187
201709 0.158 103.345 0.195
201712 0.273 103.345 0.336
201803 0.318 105.004 0.385
201806 0.426 105.557 0.514
201809 0.720 105.636 0.868
201812 0.731 105.399 0.883
201903 0.664 106.979 0.790
201906 0.674 107.690 0.797
201909 0.658 107.611 0.778
201912 0.723 107.769 0.854
202003 1.139 107.927 1.343
202006 1.321 108.401 1.551
202009 1.189 108.164 1.399
202012 0.693 108.559 0.813
202103 0.408 110.298 0.471
202106 0.595 111.720 0.678
202109 0.719 112.905 0.811
202112 0.749 113.774 0.838
202203 0.579 117.646 0.626
202206 0.623 120.806 0.656
202209 0.780 120.648 0.823
202212 0.745 120.964 0.784
202303 0.629 122.702 0.652
202306 0.434 124.203 0.445
202309 0.818 125.230 0.831
202312 0.723 125.072 0.736
202403 0.662 126.258 0.667
202406 0.502 127.522 0.501
202409 0.360 127.285 0.360

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


R&R Real Estate Investment Trust  (TSXV:RRR.UN) 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.

R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.17/0.56
=0.30

* 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 11 years, the highest Cyclically Adjusted PB Ratio of R&R Real Estate Investment Trust was 0.34. The lowest was 0.18. And the median was 0.26.


Be Aware

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


R&R Real Estate Investment Trust Cyclically Adjusted Book per Share Related Terms

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


R&R Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
5090 Explorer Drive, Suite 500, Mississauga, ON, CAN, L4W 4T9
Website
R&R Real Estate Investment Trust, an open-ended real estate investment trust, acquires and owns hotel properties. The company's revenue primarily consists of room revenue and other revenue, which includes parking income, in-room movie commissions, in-room safe commissions, and vending income.

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