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AGNC Investment (AGNC Investment) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is AGNC Investment Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

AGNC Investment's adjusted book value per share for the three months ended in Mar. 2024 was $20.040. 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 Mar. 2024.

During the past 12 months, AGNC Investment's average Cyclically Adjusted Book Growth Rate was -6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.60% 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 AGNC Investment was -0.90% per year. The lowest was -3.40% per year. And the median was -2.20% per year.

As of today (2024-06-09), AGNC Investment's current stock price is $25.21. AGNC Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. AGNC Investment's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AGNC Investment was 0.75. The lowest was 0.30. And the median was 0.59.


AGNC Investment Cyclically Adjusted Book per Share Historical Data

The historical data trend for AGNC Investment'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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AGNC Investment Cyclically Adjusted Book per Share Chart

AGNC Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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AGNC Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of AGNC Investment's Cyclically Adjusted Book per Share

For the REIT - Mortgage subindustry, AGNC Investment'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.


AGNC Investment's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



AGNC Investment 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, AGNC Investment'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)
=20.04/131.7762*131.7762
=20.040

Current CPI (Mar. 2024) = 131.7762.

AGNC Investment Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.290 100.560 34.451
201409 25.570 100.428 33.552
201412 25.771 99.070 34.279
201503 25.567 99.621 33.819
201506 24.031 100.684 31.452
201509 23.030 100.392 30.230
201512 22.035 99.792 29.097
201603 21.137 100.470 27.723
201606 21.258 101.688 27.548
201609 21.919 101.861 28.356
201612 20.260 101.863 26.210
201703 20.075 102.862 25.718
201706 21.382 103.349 27.263
201709 23.974 104.136 30.337
201712 23.867 104.011 30.238
201803 22.667 105.290 28.369
201806 24.698 106.317 30.612
201809 26.387 106.507 32.648
201812 27.192 105.998 33.805
201903 28.254 107.251 34.715
201906 27.807 108.070 33.907
201909 27.423 108.329 33.358
201912 29.175 108.420 35.460
202003 23.980 108.902 29.017
202006 25.573 108.767 30.983
202009 26.641 109.815 31.969
202012 27.677 109.897 33.187
202103 28.499 111.754 33.605
202106 26.491 114.631 30.453
202109 26.522 115.734 30.198
202112 25.403 117.630 28.458
202203 21.475 121.301 23.330
202206 18.906 125.017 19.928
202209 16.127 125.227 16.970
202212 17.997 125.222 18.939
202303 17.772 127.348 18.390
202306 18.020 128.729 18.447
202309 16.785 129.860 17.033
202312 19.114 129.419 19.462
202403 20.040 131.776 20.040

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


AGNC Investment  (NAS:AGNCB.PFD) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AGNC Investment was 0.75. The lowest was 0.30. And the median was 0.59.


Be Aware

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


AGNC Investment Cyclically Adjusted Book per Share Related Terms

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


AGNC Investment (AGNC Investment) Business Description

Industry
Address
2 Bethesda Metro Center, 12th Floor, Bethesda, MD, USA, 20814
AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage or real estate markets.