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Vestin Realty Mortgage I (Vestin Realty Mortgage I) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2016)


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What is Vestin Realty Mortgage I 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.

Vestin Realty Mortgage I's adjusted book value per share for the three months ended in Dec. 2016 was $5.832. 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 $0.00 for the trailing ten years ended in Dec. 2016.

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 (2024-04-27), Vestin Realty Mortgage I's current stock price is $2.52. Vestin Realty Mortgage I's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 was $0.00. Vestin Realty Mortgage I's Cyclically Adjusted PB Ratio of today is .


Vestin Realty Mortgage I Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vestin Realty Mortgage I'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.

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Vestin Realty Mortgage I Cyclically Adjusted Book per Share Chart

Vestin Realty Mortgage I Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Book per Share
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Vestin Realty Mortgage I Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16 Dec16
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Competitive Comparison of Vestin Realty Mortgage I's Cyclically Adjusted Book per Share

For the Mortgage Finance subindustry, Vestin Realty Mortgage I'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.


Vestin Realty Mortgage I's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vestin Realty Mortgage I's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vestin Realty Mortgage I's Cyclically Adjusted PB Ratio falls into.



Vestin Realty Mortgage I 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, Vestin Realty Mortgage I's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book= Book Value per Share /CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=5.832/101.8627*101.8627
=5.832

Current CPI (Dec. 2016) = 101.8627.

Vestin Realty Mortgage I Quarterly Data

Book Value per Share CPI Adj_Book
200609 36.873 85.606 43.875
200612 36.297 85.142 43.425
200703 36.323 86.640 42.705
200706 36.314 87.906 42.080
200709 35.519 87.964 41.131
200712 35.044 88.616 40.282
200803 34.172 90.090 38.638
200806 30.403 92.320 33.545
200809 28.050 92.307 30.954
200812 21.889 88.697 25.138
200903 21.757 89.744 24.695
200906 19.847 91.003 22.215
200909 17.219 91.120 19.249
200912 15.220 91.111 17.016
201003 14.159 91.821 15.707
201006 14.544 91.962 16.110
201009 14.043 92.162 15.521
201012 13.416 92.474 14.778
201103 13.203 94.283 14.264
201106 13.300 95.235 14.226
201109 12.849 95.727 13.673
201112 12.845 95.213 13.742
201203 12.812 96.783 13.484
201206 12.923 96.819 13.596
201209 13.288 97.633 13.864
201212 13.041 96.871 13.713
201303 13.059 98.209 13.545
201306 13.689 98.518 14.154
201309 13.901 98.790 14.333
201312 14.152 98.326 14.661
201403 13.756 99.695 14.055
201406 13.499 100.560 13.674
201409 13.385 100.428 13.576
201412 13.324 99.070 13.700
201503 12.760 99.621 13.047
201506 12.138 100.684 12.280
201509 11.209 100.392 11.373
201512 8.300 99.792 8.472
201606 7.122 101.688 7.134
201612 5.832 101.863 5.832

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


Vestin Realty Mortgage I  (OTCPK:VRTA) 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.


Be Aware

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


Vestin Realty Mortgage I Cyclically Adjusted Book per Share Related Terms

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


Vestin Realty Mortgage I (Vestin Realty Mortgage I) Business Description

Traded in Other Exchanges
N/A
Address
9130 West Post Road, Suite 130, Las Vegas, NV, USA, 89148
Vestin Realty Mortgage I Inc invests in loans secured by commercial real estate and also invests in, acquires, manages or sells commercial real property, investments in dividend paying securities and also invests in entities involved in the ownership or management of commercial real property. The company operates in two reportable segments namely investments in real estate loans and investments in real property.