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Genesis Land Development (Genesis Land Development) Cyclically Adjusted Book per Share : $3.44 (As of Dec. 2023)


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What is Genesis Land Development 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.

Genesis Land Development's adjusted book value per share for the three months ended in Dec. 2023 was $3.033. 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 $3.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Genesis Land Development's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Genesis Land Development was 11.20% per year. The lowest was 3.60% per year. And the median was 7.80% per year.

As of today (2024-04-28), Genesis Land Development's current stock price is $2.00. Genesis Land Development's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.44. Genesis Land Development's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Genesis Land Development was 1.44. The lowest was 0.21. And the median was 0.68.


Genesis Land Development Cyclically Adjusted Book per Share Historical Data

The historical data trend for Genesis Land Development'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.

Genesis Land Development Cyclically Adjusted Book per Share Chart

Genesis Land Development 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 3.31 3.41 3.53 3.35 3.44

Genesis Land Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.35 3.60 3.93 3.48 3.44

Competitive Comparison of Genesis Land Development's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Genesis Land Development'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.


Genesis Land Development's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Genesis Land Development 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, Genesis Land Development's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.033/125.4675*125.4675
=3.033

Current CPI (Dec. 2023) = 125.4675.

Genesis Land Development Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.407 98.604 4.335
201406 3.526 99.473 4.447
201409 3.545 99.394 4.475
201412 3.434 98.367 4.380
201503 3.141 99.789 3.949
201506 3.226 100.500 4.027
201509 3.075 100.421 3.842
201512 2.986 99.947 3.748
201603 3.137 101.054 3.895
201606 3.264 102.002 4.015
201609 3.248 101.765 4.005
201612 3.015 101.449 3.729
201703 3.025 102.634 3.698
201706 3.109 103.029 3.786
201709 3.275 103.345 3.976
201712 3.118 103.345 3.785
201803 3.089 105.004 3.691
201806 3.057 105.557 3.634
201809 2.929 105.636 3.479
201812 2.896 105.399 3.447
201903 2.917 106.979 3.421
201906 2.926 107.690 3.409
201909 2.943 107.611 3.431
201912 2.987 107.769 3.478
202003 2.714 107.927 3.155
202006 2.853 108.401 3.302
202009 2.987 108.164 3.465
202012 2.993 108.559 3.459
202103 3.074 110.298 3.497
202106 3.207 111.720 3.602
202109 3.135 112.905 3.484
202112 3.141 113.774 3.464
202203 3.169 117.646 3.380
202206 3.135 120.806 3.256
202209 2.977 120.648 3.096
202212 2.908 120.964 3.016
202303 2.912 122.702 2.978
202306 2.990 124.203 3.020
202309 2.964 125.230 2.970
202312 3.033 125.468 3.033

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


Genesis Land Development  (OTCPK:GNLAF) 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.

Genesis Land Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.00/3.44
=0.58

* 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 Genesis Land Development was 1.44. The lowest was 0.21. And the median was 0.68.


Be Aware

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


Genesis Land Development Cyclically Adjusted Book per Share Related Terms

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


Genesis Land Development (Genesis Land Development) Business Description

Traded in Other Exchanges
Address
6240, 333 - 96 Avenue NE, Calgary, AB, CAN, T3K 0S3
Genesis Land Development Corp is a Canada-based land developer and home builder. The company is engaged in the acquisition, development, and sale of land, residential lots, and homes mainly in the greater Calgary area. The company has two business segments: Land development and Homebuilding. It earns the majority of its revenue from the home building segment.

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