GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AFI Properties Ltd (XTAE:AFPR) » Definitions » Cyclically Adjusted Book per Share

AFI Properties (XTAE:AFPR) Cyclically Adjusted Book per Share : ₪144.99 (As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is AFI 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.

AFI Properties's adjusted book value per share for the three months ended in Dec. 2024 was ₪180.092. 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 ₪144.99 for the trailing ten years ended in Dec. 2024.

During the past 12 months, AFI Properties's average Cyclically Adjusted Book Growth Rate was 7.50% 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.

As of today (2025-04-27), AFI Properties's current stock price is ₪186.70. AFI Properties's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₪144.99. AFI Properties's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AFI Properties was 1.29. The lowest was 0.71. And the median was 1.16.


AFI Properties Cyclically Adjusted Book per Share Historical Data

The historical data trend for AFI 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.

AFI Properties Cyclically Adjusted Book per Share Chart

AFI 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 - - - 134.91 144.99

AFI 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 134.91 138.97 141.46 143.34 144.99

Competitive Comparison of AFI Properties's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, AFI 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.


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

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

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


;
;

AFI 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, AFI 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)
=180.092/133.1571*133.1571
=180.092

Current CPI (Dec. 2024) = 133.1571.

AFI Properties Quarterly Data

Book Value per Share CPI Adj_Book
201503 86.965 99.621 116.241
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 84.701 99.792 113.020
201603 0.000 100.470 0.000
201606 90.756 101.688 118.842
201609 92.147 101.861 120.459
201612 90.914 101.863 118.845
201703 87.496 102.862 113.265
201706 92.183 103.349 118.770
201709 103.196 104.136 131.956
201712 103.213 104.011 132.135
201803 109.394 105.290 138.348
201806 116.955 106.317 146.481
201809 117.931 106.507 147.440
201812 119.494 105.998 150.111
201903 113.124 107.251 140.449
201906 96.769 108.070 119.233
201909 0.000 108.329 0.000
201912 119.908 108.420 147.266
202003 112.384 108.902 137.415
202006 113.805 108.767 139.324
202009 119.418 109.815 144.801
202012 118.406 109.897 143.467
202103 118.803 111.754 141.556
202106 120.939 114.631 140.484
202109 123.610 115.734 142.218
202112 123.693 117.630 140.021
202203 129.809 121.301 142.497
202206 144.071 125.017 153.452
202209 141.144 125.227 150.083
202212 155.583 125.222 165.442
202303 161.309 127.348 168.668
202306 168.332 128.729 174.123
202309 155.448 129.860 159.395
202312 173.221 129.419 178.224
202403 173.559 131.776 175.378
202406 177.312 132.554 178.119
202409 191.666 133.029 191.851
202412 180.092 133.157 180.092

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


AFI Properties  (XTAE:AFPR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=186.70/144.99
=1.29

* 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 AFI Properties was 1.29. The lowest was 0.71. And the median was 1.16.


Be Aware

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


AFI Properties Cyclically Adjusted Book per Share Related Terms

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


AFI Properties Business Description

Industry
Traded in Other Exchanges
N/A
Address
4 Derech Hahoresh Street, Yehud, ISR
AFI Properties Ltd is a real estate developer which initiates, constructs, rents and operates industrial buildings, offices, and commercial properties in Israel and Europe. The company also develops residential projects in Europe. The company's commercial buildings include Beit Harofim, Vertex House, The Main Commercial Center and Stage Center. Its shopping malls consist of Lev Hamoshava at City Center, Lev Talpiot, The Panorama Center and Big Fashion. Its offices portfolio includes Psagot Tower, Concorde Tower and AFI Square-Tel Aviv. Its logistic parks include Rehovot Science Park, Global Park Lod, Weitzmann Science Park and Migdal HaEmek Science Park.

AFI Properties Headlines

No Headlines