GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ambase Corp (OTCPK:ABCP) » Definitions » Cyclically Adjusted Book per Share

Ambase (Ambase) Cyclically Adjusted Book per Share : $0.86 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Ambase 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.

Ambase's adjusted book value per share for the three months ended in Dec. 2023 was $-0.156. 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 $0.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ambase's average Cyclically Adjusted Book Growth Rate was -17.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ambase was 21.90% per year. The lowest was -4.60% per year. And the median was 5.05% per year.

As of today (2024-04-30), Ambase's current stock price is $0.2051. Ambase's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.86. Ambase's Cyclically Adjusted PB Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ambase was 0.28. The lowest was 0.00. And the median was 0.00.


Ambase Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ambase'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.

Ambase Cyclically Adjusted Book per Share Chart

Ambase 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 0.99 0.99 1.04 1.04 0.86

Ambase 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 1.04 1.00 0.96 0.92 0.86

Competitive Comparison of Ambase's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Ambase'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.


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

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

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



Ambase 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, Ambase'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)
=-0.156/129.4194*129.4194
=-0.156

Current CPI (Dec. 2023) = 129.4194.

Ambase Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.406 99.695 1.825
201406 1.355 100.560 1.744
201409 1.307 100.428 1.684
201412 1.808 99.070 2.362
201503 1.782 99.621 2.315
201506 1.758 100.684 2.260
201509 1.721 100.392 2.219
201512 1.696 99.792 2.200
201603 1.668 100.470 2.149
201606 1.647 101.688 2.096
201609 1.630 101.861 2.071
201612 1.617 101.863 2.054
201703 1.583 102.862 1.992
201706 1.557 103.349 1.950
201709 -0.036 104.136 -0.045
201712 0.437 104.011 0.544
201803 0.481 105.290 0.591
201806 0.452 106.317 0.550
201809 0.430 106.507 0.523
201812 0.445 105.998 0.543
201903 0.424 107.251 0.512
201906 0.371 108.070 0.444
201909 0.346 108.329 0.413
201912 0.324 108.420 0.387
202003 0.289 108.902 0.343
202006 0.266 108.767 0.317
202009 0.230 109.815 0.271
202012 0.187 109.897 0.220
202103 0.147 111.754 0.170
202106 0.116 114.631 0.131
202109 0.085 115.734 0.095
202112 0.059 117.630 0.065
202203 0.033 121.301 0.035
202206 0.009 125.017 0.009
202209 -0.009 125.227 -0.009
202212 -0.026 125.222 -0.027
202303 -0.056 127.348 -0.057
202306 -0.087 128.729 -0.087
202309 -0.122 129.860 -0.122
202312 -0.156 129.419 -0.156

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


Ambase  (OTCPK:ABCP) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.2051/0.86
=0.24

* 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 Ambase was 0.28. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Ambase Cyclically Adjusted Book per Share Related Terms

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


Ambase (Ambase) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ambase Corp (OTCPK:ABCP) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
7857 West Sample Road, Suite 134, Coral Springs, FL, USA, 33065
Website
Ambase Corp is a United States-based holding company. It holds an equity interest in a real estate development property through a joint venture agreement to purchase and develop the real property located in New York, New York.
Executives
Camac Fund, Lp 10 percent owner CAMAC CAPITAL, LLC, 350 PARK AVENUE, 13TH FLOOR, NEW YORK NY 10022
Richard A Bianco officer: President & CEO C/O AMBASE CORP, 100 PUTNAM GREER 3RD FL, GREENWICH CT 06830-6027
Scott Michael Salant director C/O AMBASE CORPORATION, 12 LINCOLN BLVD. SUITE # 202, EMERSON NJ 07630
Jerry Y Carnegie director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, THIRD FLOOR, GREENWICH CT 06830
Iszo Capital Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Iszo Capital Management Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Brian L. Sheehy 10 percent owner 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Iszo Capital Gp Llc 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Joseph R Bianco officer: Treasurer C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Bianco Richard A Jr director, 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Kenneth M Schmidt director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Horton Theodore T Jr director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Alessandra F Bianco director, 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Barc Investments Llc 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Christina A Bianco 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016