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Medical Properties Trust (XBUL:M3P) Cyclically Adjusted Book per Share : лв13.00 (As of Sep. 2024)


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What is Medical Properties 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.

Medical Properties Trust's adjusted book value per share for the three months ended in Sep. 2024 was лв17.235. 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 лв13.00 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Medical Properties Trust's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 Medical Properties Trust was 9.20% per year. The lowest was 0.80% per year. And the median was 4.00% per year.

As of today (2025-01-18), Medical Properties Trust's current stock price is лв5.411. Medical Properties Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was лв13.00. Medical Properties Trust's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Medical Properties Trust was 2.41. The lowest was 0.22. And the median was 1.46.


Medical Properties Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Medical Properties 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.

Medical Properties Trust Cyclically Adjusted Book per Share Chart

Medical Properties Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Medical Properties 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 - - - 14.14 13.00

Competitive Comparison of Medical Properties Trust's Cyclically Adjusted Book per Share

For the REIT - Healthcare Facilities subindustry, Medical Properties 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.


Medical Properties Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Medical Properties 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, Medical Properties 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)
=17.235/133.0289*133.0289
=17.235

Current CPI (Sep. 2024) = 133.0289.

Medical Properties Trust Quarterly Data

Book Value per Share CPI Adj_Book
201412 15.218 99.070 20.434
201503 16.443 99.621 21.957
201506 16.439 100.684 21.720
201509 16.940 100.392 22.447
201512 16.891 99.792 22.517
201603 17.087 100.470 22.624
201606 17.113 101.688 22.387
201609 19.409 101.861 25.348
201612 19.278 101.863 25.176
201703 19.252 102.862 24.898
201706 19.947 103.349 25.675
201709 19.991 104.136 25.538
201712 19.942 104.011 25.506
201803 20.022 105.290 25.297
201806 19.981 106.317 25.001
201809 23.317 106.507 29.123
201812 23.336 105.998 29.287
201903 23.674 107.251 29.364
201906 23.680 108.070 29.149
201909 24.713 108.329 30.348
201912 25.832 108.420 31.695
202003 25.423 108.902 31.056
202006 25.429 108.767 31.101
202009 25.599 109.815 31.010
202012 25.782 109.897 31.209
202103 26.472 111.754 31.511
202106 26.521 114.631 30.777
202109 26.654 115.734 30.637
202112 26.901 117.630 30.423
202203 28.321 121.301 31.059
202206 28.143 125.017 29.947
202209 28.047 125.227 29.795
202212 27.357 125.222 29.063
202303 26.838 127.348 28.035
202306 26.430 128.729 27.313
202309 26.333 129.860 26.976
202312 24.235 129.419 24.911
202403 21.237 131.776 21.439
202406 19.623 132.554 19.693
202409 17.235 133.029 17.235

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


Medical Properties Trust  (XBUL:M3P) 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.

Medical Properties Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.411/13
=0.42

* 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 Medical Properties Trust was 2.41. The lowest was 0.22. And the median was 1.46.


Be Aware

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


Medical Properties Trust Cyclically Adjusted Book per Share Related Terms

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


Medical Properties Trust Business Description

Industry
Address
1000 Urban Center Drive, Suite 501, Birmingham, AL, USA, 35242
Medical Properties Trust Inc is a healthcare facility REIT. The company operates one segment, which owns and leases healthcare facilities. The vast majority of Medical's revenue is generated in the United States, followed by Germany and the United Kingdom. It provides financing for a variety of facilities that require funds for acquisitions, sale-leasebacks, new developments, and expansion projects.

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