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Century Communities (Century Communities) Cyclically Adjusted Book per Share : $41.40 (As of Mar. 2024)


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What is Century Communities 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.

Century Communities's adjusted book value per share for the three months ended in Mar. 2024 was $76.100. 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 $41.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Century Communities's average Cyclically Adjusted Book Growth Rate was 14.50% 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 (2024-04-30), Century Communities's current stock price is $80.54. Century Communities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $41.40. Century Communities's Cyclically Adjusted PB Ratio of today is 1.95.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Century Communities was 2.42. The lowest was 1.28. And the median was 1.85.


Century Communities Cyclically Adjusted Book per Share Historical Data

The historical data trend for Century Communities'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.

Century Communities Cyclically Adjusted Book per Share Chart

Century Communities 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 - - - 34.72 39.92

Century Communities 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 36.16 37.40 38.59 39.92 41.40

Competitive Comparison of Century Communities's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, Century Communities'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.


Century Communities's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Century Communities's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Century Communities 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, Century Communities'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)
=76.1/129.4194*129.4194
=76.100

Current CPI (Mar. 2024) = 129.4194.

Century Communities Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.930 100.560 21.789
201409 17.117 100.428 22.058
201412 17.494 99.070 22.853
201503 17.444 99.621 22.662
201506 17.957 100.684 23.082
201509 18.536 100.392 23.896
201512 19.221 99.792 24.927
201603 19.739 100.470 25.426
201606 20.455 101.688 26.033
201609 21.175 101.861 26.904
201612 21.907 101.863 27.833
201703 22.272 102.862 28.022
201706 23.040 103.349 28.852
201709 23.956 104.136 29.772
201712 24.921 104.011 31.009
201803 25.426 105.290 31.253
201806 26.684 106.317 32.482
201809 27.335 106.507 33.216
201812 28.498 105.998 34.795
201903 28.887 107.251 34.858
201906 29.477 108.070 35.300
201909 30.438 108.329 36.364
201912 32.107 108.420 38.326
202003 32.550 108.902 38.683
202006 33.867 108.767 40.297
202009 35.530 109.815 41.873
202012 38.401 109.897 45.223
202103 40.737 111.754 47.176
202106 44.094 114.631 49.782
202109 47.422 115.734 53.029
202112 52.265 117.630 57.503
202203 55.386 121.301 59.093
202206 60.458 125.017 62.587
202209 65.214 125.227 67.398
202212 67.675 125.222 69.944
202303 67.809 127.348 68.912
202306 69.391 128.729 69.763
202309 72.158 129.860 71.913
202312 75.121 129.419 75.121
202403 76.100 129.419 76.100

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


Century Communities  (NYSE:CCS) 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.

Century Communities's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=80.54/41.4
=1.95

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Century Communities was 2.42. The lowest was 1.28. And the median was 1.85.


Be Aware

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


Century Communities Cyclically Adjusted Book per Share Related Terms

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


Century Communities (Century Communities) Business Description

Traded in Other Exchanges
Address
8390 East Crescent Parkway, Suite 650, Greenwood Village, CO, USA, 80111
Century Communities Inc is a construction company that focuses on the residential market. It has five homebuilding segments: West, Mountain, Texas, Southeast, and Century Complete. Its sixth reportable segment is financial services operations, which provides mortgage, title, and insurance services to homebuyers. It has acquired land for homebuilding operations with the primary intent to develop and construct single-family detached or attached homes for sale on the acquired land. The company sells homes through its own sales representatives and independent real estate brokers. It also advertises directly to potential homebuyers through the Internet, newspapers, and trade publications. The company generates the most revenue from the Mountain segment.
Executives
Elisa Z Ramirez director 1225 17TH STREET, SUITE 2600, DENVER CO 80202
David L Messenger officer: Chief Financial Officer
John Scott Dixon officer: Chief Accounting Officer CENTURY COMMUNITIES, INC., 8390 E. CRESCENT PARKWAY, STE. 650, GREENWOOD VILLAGE CO 80111
Dale Francescon director, 10 percent owner, officer: See Remarks 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Robert J Francescon director, 10 percent owner, officer: See Remarks 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Patricia L. Arvielo director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Bennett Wesley Allen Arthur other: General Counsel C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Dustin L. Bogue other: Regional President - West UCP, INC., 99 ALMADEN BOULEVARD, SUITE 400, SAN JOSE CA 95113
Stewart Hugh Parker other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Richard A Carruthers other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Liesel W Cooper other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John P Box director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
James A Lippman director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Kenneth J Rabel officer: Division President-Colorado 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111