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Skyline Investments (XTAE:SKLN) Cyclically Adjusted Book per Share : ₪42.56 (As of Dec. 2024)


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What is Skyline Investments 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.

Skyline Investments's adjusted book value per share for the three months ended in Dec. 2024 was ₪26.506. 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 ₪42.56 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Skyline Investments's average Cyclically Adjusted Book Growth Rate was -0.20% 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 (2025-05-29), Skyline Investments's current stock price is ₪14.09. Skyline Investments's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₪42.56. Skyline Investments's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Skyline Investments was 0.58. The lowest was 0.32. And the median was 0.44.


Skyline Investments Cyclically Adjusted Book per Share Historical Data

The historical data trend for Skyline Investments'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.

Skyline Investments Cyclically Adjusted Book per Share Chart

Skyline Investments 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 - - - 42.64 42.56

Skyline Investments Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 42.72 42.64 42.82 42.79 42.56

Competitive Comparison of Skyline Investments's Cyclically Adjusted Book per Share

For the Lodging subindustry, Skyline Investments'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.


Skyline Investments's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Skyline Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Skyline Investments 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, Skyline Investments'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)
=26.506/127.3637*127.3637
=26.506

Current CPI (Dec. 2024) = 127.3637.

Skyline Investments Quarterly Data

Book Value per Share CPI Adj_Book
201412 27.648 98.367 35.798
201503 25.384 99.789 32.398
201506 25.721 100.500 32.596
201509 24.696 100.421 31.322
201512 24.503 99.947 31.224
201603 25.456 101.054 32.084
201606 25.615 102.002 31.984
201609 26.385 101.765 33.022
201612 39.078 101.449 49.061
201703 39.197 102.634 48.642
201706 39.011 103.029 48.225
201709 42.067 103.345 51.844
201712 42.310 103.345 52.144
201803 42.226 105.004 51.218
201806 41.622 105.557 50.221
201809 41.250 105.636 49.734
201812 40.622 105.399 49.087
201903 40.327 106.979 48.011
201906 39.770 107.690 47.035
201909 40.531 107.611 47.971
201912 40.095 107.769 47.385
202003 38.884 107.927 45.887
202006 34.930 108.401 41.040
202009 35.080 108.164 41.307
202012 36.921 108.559 43.316
202103 37.413 110.298 43.202
202106 39.513 111.720 45.046
202109 43.097 112.905 48.616
202112 43.518 113.774 48.716
202203 43.869 117.646 47.493
202206 45.700 120.806 48.181
202209 44.766 120.648 47.258
202212 43.308 120.964 45.599
202303 42.242 122.702 43.847
202306 40.832 124.203 41.871
202309 38.815 125.230 39.476
202312 36.739 125.072 37.412
202403 34.372 126.258 34.673
202409 27.899 127.285 27.916
202412 26.506 127.364 26.506

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


Skyline Investments  (XTAE:SKLN) 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.

Skyline Investments's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.09/42.56
=0.33

* 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 Skyline Investments was 0.58. The lowest was 0.32. And the median was 0.44.


Be Aware

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


Skyline Investments Cyclically Adjusted Book per Share Related Terms

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


Skyline Investments Business Description

Traded in Other Exchanges
N/A
Address
41-43 Colborne Street, Suite 300, Toronto, ON, CAN, M5E 1E3
Skyline Investments Inc is a Canada-based company that operates in hospitality real estate investments in the United States and Canada. The company and its subsidiaries are involved in the acquisition, ownership, and development of hospitality and destination communities in Ontario and the United States. Its business segment comprises US hotels and resorts, Canadian hotels and resorts, and Development. It generates maximum revenue from the US hotels and resorts segment.

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