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Grand City Properties (WBO:GYC) Cyclically Adjusted Book per Share : €27.26 (As of Dec. 2024)


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What is Grand City Properties 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.

Grand City Properties's adjusted book value per share for the three months ended in Dec. 2024 was €27.897. 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 €27.26 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Grand City Properties's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% 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 Grand City Properties was 12.90% per year. The lowest was 12.90% per year. And the median was 12.90% per year.

As of today (2025-05-10), Grand City Properties's current stock price is €10.96. Grand City Properties's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €27.26. Grand City Properties's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grand City Properties was 1.40. The lowest was 0.28. And the median was 0.43.


Grand City Properties Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grand City Properties'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.

Grand City Properties Cyclically Adjusted Book per Share Chart

Grand City Properties 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 - 19.12 22.65 25.20 27.26

Grand City Properties 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 25.20 26.20 26.29 27.31 27.26

Competitive Comparison of Grand City Properties's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Grand City Properties'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.


Grand City Properties's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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


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Grand City Properties 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, Grand City Properties'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)
=27.897/122.4300*122.4300
=27.897

Current CPI (Dec. 2024) = 122.4300.

Grand City Properties Quarterly Data

Book Value per Share CPI Adj_Book
201503 11.849 99.980 14.510
201506 12.491 100.640 15.195
201509 13.920 100.380 16.978
201512 14.400 99.910 17.646
201603 14.584 100.030 17.850
201606 15.948 100.660 19.397
201609 17.744 100.750 21.562
201612 18.652 101.040 22.601
201703 19.172 101.780 23.062
201706 19.075 102.170 22.858
201709 19.950 102.520 23.824
201712 21.149 102.410 25.283
201803 21.788 102.900 25.923
201806 23.951 103.650 28.291
201809 24.647 104.580 28.854
201812 25.537 104.320 29.970
201903 25.972 105.140 30.243
201906 25.824 105.550 29.954
201909 26.310 105.900 30.417
201912 26.937 106.080 31.089
202003 26.969 106.040 31.137
202006 27.045 106.340 31.137
202009 27.282 106.620 31.327
202012 29.209 106.670 33.524
202103 29.152 108.140 33.004
202106 29.216 108.680 32.912
202109 29.518 109.470 33.013
202112 31.448 111.090 34.658
202203 31.711 114.780 33.825
202206 32.259 116.750 33.828
202209 32.497 117.000 34.005
202212 30.457 117.060 31.854
202303 30.372 118.910 31.271
202306 28.596 120.460 29.064
202309 28.586 121.740 28.748
202312 27.352 121.170 27.636
202403 27.598 122.590 27.562
202406 26.725 123.120 26.575
202409 26.945 123.300 26.755
202412 27.897 122.430 27.897

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


Grand City Properties  (WBO:GYC) 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.

Grand City Properties's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.96/27.26
=0.40

* 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 Grand City Properties was 1.40. The lowest was 0.28. And the median was 0.43.


Be Aware

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


Grand City Properties Cyclically Adjusted Book per Share Related Terms

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


Grand City Properties Business Description

Industry
Traded in Other Exchanges
Address
37, Boulevard Joseph II, Luxembourg, LUX, L-1840
Grand City Properties SA is a real estate company. It is a specialist real estate company focused on buying, re-developing, optimizing, repositioning, investing, and managing value-add opportunities in the German real estate market. The company is also involved in asset and property management activities along with the real estate value chain. Its portfolio is mainly located in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, Hamburg, and others.

Grand City Properties Headlines