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Reit 1 (XTAE:RIT1) Cyclically Adjusted Book per Share : ₪17.00 (As of Sep. 2024)


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What is Reit 1 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.

Reit 1's adjusted book value per share for the three months ended in Sep. 2024 was ₪20.462. 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 ₪17.00 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Reit 1's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% 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 Reit 1 was 10.40% per year. The lowest was 10.40% per year. And the median was 10.40% per year.

As of today (2025-01-19), Reit 1's current stock price is ₪20.15. Reit 1's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₪17.00. Reit 1's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Reit 1 was 1.76. The lowest was 0.83. And the median was 1.16.


Reit 1 Cyclically Adjusted Book per Share Historical Data

The historical data trend for Reit 1'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.

Reit 1 Cyclically Adjusted Book per Share Chart

Reit 1 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 - 11.86 13.33 14.70 15.96

Reit 1 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 15.80 15.96 16.47 16.73 17.00

Competitive Comparison of Reit 1's Cyclically Adjusted Book per Share

For the REIT - Diversified subindustry, Reit 1'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.


Reit 1's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Reit 1's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Reit 1's Cyclically Adjusted PB Ratio falls into.



Reit 1 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, Reit 1'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)
=20.462/133.0289*133.0289
=20.462

Current CPI (Sep. 2024) = 133.0289.

Reit 1 Quarterly Data

Book Value per Share CPI Adj_Book
201412 9.477 99.070 12.726
201503 10.227 99.621 13.657
201506 10.314 100.684 13.627
201509 9.653 100.392 12.791
201512 10.085 99.792 13.444
201603 10.223 100.470 13.536
201606 10.309 101.688 13.486
201609 10.362 101.861 13.533
201612 10.857 101.863 14.179
201703 10.958 102.862 14.172
201706 10.765 103.349 13.856
201709 11.627 104.136 14.853
201712 12.192 104.011 15.593
201803 12.342 105.290 15.594
201806 12.451 106.317 15.579
201809 12.690 106.507 15.850
201812 13.156 105.998 16.511
201903 13.279 107.251 16.471
201906 13.425 108.070 16.526
201909 13.709 108.329 16.835
201912 14.836 108.420 18.203
202003 14.939 108.902 18.249
202006 14.785 108.767 18.083
202009 14.923 109.815 18.078
202012 14.966 109.897 18.116
202103 15.017 111.754 17.876
202106 15.346 114.631 17.809
202109 15.584 115.734 17.913
202112 17.176 117.630 19.425
202203 17.139 121.301 18.796
202206 18.395 125.017 19.574
202209 18.477 125.227 19.628
202212 19.498 125.222 20.714
202303 19.458 127.348 20.326
202306 19.667 128.729 20.324
202309 20.601 129.860 21.104
202312 20.524 129.419 21.096
202403 20.604 131.776 20.800
202406 20.596 132.554 20.670
202409 20.462 133.029 20.462

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


Reit 1  (XTAE:RIT1) 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.

Reit 1's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.15/17
=1.19

* 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 Reit 1 was 1.76. The lowest was 0.83. 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.


Reit 1 Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Reit 1's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Reit 1 Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Reit 1 Ltd (XTAE:RIT1) » Definitions » Cyclically Adjusted Book per Share
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Address
Nachoset Street 6, Tel Aviv, ISR, 69710
Reit 1 Ltd is a player in the real estate sector based in Israel. It conducts businesses of a real estate investment fund and focusses on properties such as office buildings, commercial centers, industrial buildings and apartments for rent. The company's business activities include holding income-generating properties, most of which are located in the center of the country, and are mainly used for offices, commerce, industry, logistics, nursing hospitals, parking lots and hotels.

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