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Levinstein Properties (XTAE:LVPR) Cyclically Adjusted Book per Share : ₪71.37 (As of Mar. 2024)


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What is Levinstein 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.

Levinstein Properties's adjusted book value per share for the three months ended in Mar. 2024 was ₪90.565. 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 ₪71.37 for the trailing ten years ended in Mar. 2024.

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 (2024-06-19), Levinstein Properties's current stock price is ₪53.05. Levinstein Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪71.37. Levinstein Properties's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Levinstein Properties was 1.08. The lowest was 0.76. And the median was 0.91.


Levinstein Properties Cyclically Adjusted Book per Share Historical Data

The historical data trend for Levinstein 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.

Levinstein Properties Cyclically Adjusted Book per Share Chart

Levinstein Properties 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 - - - - 69.57

Levinstein Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 69.57 71.37

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

For the Real Estate - Development subindustry, Levinstein 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.


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

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

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



Levinstein 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, Levinstein Properties's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=90.565/131.7762*131.7762
=90.565

Current CPI (Mar. 2024) = 131.7762.

Levinstein Properties Quarterly Data

Book Value per Share CPI Adj_Book
200912 38.174 91.111 55.212
201012 29.875 92.474 42.572
201112 30.475 95.213 42.178
201212 33.316 96.871 45.321
201312 35.641 98.326 47.766
201412 37.393 99.070 49.738
201512 44.073 99.792 58.199
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 48.694 101.863 62.994
201703 48.487 102.862 62.116
201706 47.161 103.349 60.133
201709 47.231 104.136 59.767
201712 56.131 104.011 71.115
201803 55.806 105.290 69.845
201806 56.462 106.317 69.983
201809 56.451 106.507 69.844
201812 58.427 105.998 72.636
201903 57.899 107.251 71.139
201906 58.514 108.070 71.350
201909 58.159 108.329 70.747
201912 63.002 108.420 76.574
202003 62.457 108.902 75.576
202006 62.289 108.767 75.466
202009 62.907 109.815 75.487
202012 63.158 109.897 75.732
202103 62.793 111.754 74.043
202106 63.595 114.631 73.107
202109 64.272 115.734 73.181
202112 76.927 117.630 86.179
202203 77.173 121.301 83.837
202206 78.428 125.017 82.668
202209 78.580 125.227 82.690
202212 89.421 125.222 94.102
202303 89.261 127.348 92.365
202306 90.065 128.729 92.197
202309 90.513 129.860 91.849
202312 90.883 129.419 92.538
202403 90.565 131.776 90.565

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


Levinstein Properties  (XTAE:LVPR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.05/71.37
=0.74

* 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 Levinstein Properties was 1.08. The lowest was 0.76. And the median was 0.91.


Be Aware

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


Levinstein Properties Cyclically Adjusted Book per Share Related Terms

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


Levinstein Properties (XTAE:LVPR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Menachem Begin Road, Tel Aviv, ISR, 23
Levinstein Properties Ltd is engaged in the engineering, construction and real estate. It constructs office buildings, public buildings and designated buildings for the industries. It also provides Infrastructure works, bridge building construction. Its projects are occupied by government ministries, banks, insurance companies, & law offices, among others.

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