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Vitania (XTAE:VTNA) Cyclically Adjusted Book per Share : ₪129.58 (As of Dec. 2024)


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What is Vitania 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.

Vitania's adjusted book value per share for the three months ended in Dec. 2024 was ₪24.399. 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 ₪129.58 for the trailing ten years ended in Dec. 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 (2025-05-31), Vitania's current stock price is ₪23.78. Vitania's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₪129.58. Vitania's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vitania was 0.20. The lowest was 0.07. And the median was 0.13.


Vitania Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vitania'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.

Vitania Cyclically Adjusted Book per Share Chart

Vitania 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 - - - - 129.58

Vitania 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 - 260.05 197.60 164.81 129.58

Competitive Comparison of Vitania's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Vitania'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.


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

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

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


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Vitania 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, Vitania'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)
=24.399/133.1571*133.1571
=24.399

Current CPI (Dec. 2024) = 133.1571.

Vitania Quarterly Data

Book Value per Share CPI Adj_Book
201012 869.229 92.474 1,251.638
201312 1,046.548 98.326 1,417.280
201412 1,064.987 99.070 1,431.422
201512 11.029 99.792 14.716
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 12.453 101.863 16.279
201703 12.112 102.862 15.679
201706 12.276 103.349 15.817
201709 12.526 104.136 16.017
201712 13.569 104.011 17.371
201803 13.280 105.290 16.795
201806 13.538 106.317 16.956
201809 13.803 106.507 17.257
201812 15.034 105.998 18.886
201903 14.685 107.251 18.232
201906 14.865 108.070 18.316
201909 14.891 108.329 18.304
201912 17.313 108.420 21.263
202003 16.687 108.902 20.404
202006 16.730 108.767 20.482
202009 16.734 109.815 20.291
202012 18.869 109.897 22.863
202103 18.366 111.754 21.883
202106 18.538 114.631 21.534
202109 18.752 115.734 21.575
202112 20.990 117.630 23.761
202203 20.359 121.301 22.349
202206 20.939 125.017 22.302
202209 21.159 125.227 22.499
202212 22.482 125.222 23.907
202303 22.297 127.348 23.314
202306 22.716 128.729 23.497
202309 22.810 129.860 23.389
202312 23.227 129.419 23.898
202403 22.878 131.776 23.118
202406 23.392 132.554 23.498
202409 23.317 133.029 23.339
202412 24.399 133.157 24.399

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


Vitania  (XTAE:VTNA) 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.

Vitania's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.78/129.58
=0.18

* 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 Vitania was 0.20. The lowest was 0.07. And the median was 0.13.


Be Aware

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


Vitania Cyclically Adjusted Book per Share Related Terms

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


Vitania Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vitania Ltd (XTAE:VTNA) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
4 Raul Walenberg Street, Ramat Hachayal, Tel Aviv, ISR
Vitania Ltd is a real estate developer in Israel. The Company initiates, develops, constructs, rents and operates yielding properties, which include offices, commercial areas, and shops. It has projects and properties located in areas such as Tel Aviv, Herzliya Pituach and Or Yehuda.

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