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Brandywine Realty Trust (Brandywine Realty Trust) Cyclically Adjusted Book per Share : $12.08 (As of Mar. 2024)


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What is Brandywine Realty Trust 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.

Brandywine Realty Trust's adjusted book value per share for the three months ended in Mar. 2024 was $7.462. 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 $12.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Brandywine Realty Trust's average Cyclically Adjusted Book Growth Rate was -4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.20% 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 -4.40% 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 Brandywine Realty Trust was 8.40% per year. The lowest was -7.00% per year. And the median was -1.30% per year.

As of today (2024-05-01), Brandywine Realty Trust's current stock price is $4.54. Brandywine Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.08. Brandywine Realty Trust's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brandywine Realty Trust was 1.27. The lowest was 0.29. And the median was 0.91.


Brandywine Realty Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brandywine Realty Trust'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.

Brandywine Realty Trust Cyclically Adjusted Book per Share Chart

Brandywine Realty Trust 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 12.73 12.21 12.46 12.58 12.28

Brandywine Realty Trust 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 12.64 12.60 12.53 12.28 12.08

Competitive Comparison of Brandywine Realty Trust's Cyclically Adjusted Book per Share

For the REIT - Office subindustry, Brandywine Realty Trust'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.


Brandywine Realty Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Brandywine Realty Trust 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, Brandywine Realty Trust'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)
=7.462/129.4194*129.4194
=7.462

Current CPI (Mar. 2024) = 129.4194.

Brandywine Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.775 100.560 15.154
201409 12.118 100.428 15.616
201412 11.940 99.070 15.598
201503 11.842 99.621 15.384
201506 11.655 100.684 14.981
201509 11.565 100.392 14.909
201512 11.070 99.792 14.357
201603 11.127 100.470 14.333
201606 10.921 101.688 13.899
201609 10.816 101.861 13.742
201612 10.656 101.863 13.539
201703 10.630 102.862 13.374
201706 9.925 103.349 12.429
201709 9.880 104.136 12.279
201712 10.260 104.011 12.766
201803 10.366 105.290 12.742
201806 10.265 106.317 12.496
201809 9.854 106.507 11.974
201812 10.170 105.998 12.417
201903 10.053 107.251 12.131
201906 9.749 108.070 11.675
201909 9.596 108.329 11.464
201912 9.507 108.420 11.348
202003 9.321 108.902 11.077
202006 9.149 108.767 10.886
202009 10.583 109.815 12.472
202012 10.518 109.897 12.386
202103 10.382 111.754 12.023
202106 10.183 114.631 11.497
202109 10.018 115.734 11.203
202112 9.877 117.630 10.867
202203 9.733 121.301 10.384
202206 9.581 125.017 9.918
202209 9.485 125.227 9.803
202212 9.475 125.222 9.793
202303 9.233 127.348 9.383
202306 9.002 128.729 9.050
202309 8.757 129.860 8.727
202312 7.655 129.419 7.655
202403 7.462 129.419 7.462

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


Brandywine Realty Trust  (NYSE:BDN) 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.

Brandywine Realty Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.54/12.08
=0.38

* 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 Brandywine Realty Trust was 1.27. The lowest was 0.29. And the median was 0.91.


Be Aware

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


Brandywine Realty Trust Cyclically Adjusted Book per Share Related Terms

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


Brandywine Realty Trust (Brandywine Realty Trust) Business Description

Industry
Traded in Other Exchanges
Address
2929 Arch Street, Suite 1800, Philadelphia, PA, USA, 19104
Brandywine Realty Trust engaged in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science/lab, residential, and mixed-use properties. The company owned and managed properties within five segments. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Austin, Texas segment includes properties in the City of Austin, Texas. The Metropolitan Washington, D.C. segment includes properties in Northern Virginia, Washington, D.C. and Southern Maryland. The Other segment includes properties in Camden County, New Jersey and New Castle County, Delaware.
Executives
Joan Lau director C/O RENOVACOR, INC., 5 MEAD POINT DRIVE, GREENWICH CT 06830
Michael Joyce director 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462
Tom Wirth officer: Executive Vice President C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
William D Redd officer: Executive Vice President 555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087
H Jeffrey Devuono officer: Executive Vice President 401 PLYMOUTH RD, STE 500, PLYMOUTH MEETING PA 19462
Reginald Desroches director C/O BRANDYWINE REALTY TRUST, 2929 WALNUT STREET, SUITE 1700, PHILADELPHIA PA 19104
Wyche Fowler director 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462
Shawn Neuman officer: General Counsel & Secretary C/O LIBERTY PROPERTY TRUST, SUITE 400, WAYNE PA 19087
Gerard H Sweeney director, officer: President and CEO 200 BERWYN PARK, STE 100, BERWYN PA 19312
Daniel A Palazzo officer: VP & Chief Accounting Officer 555 EAST LANCASTER AVE., SUITE 100, RADNOR PA 19087
Nichols Anthony A Sr director
James C Diggs director 1000 SIX PPG PL, PITTSBURGH PA 15222
Terri A Herubin director 2929 WALNUT STREET, SUITE 1700, PHILADELPHIA PA 19104
Haverstick H Richard Jr director 26 WRENTHAM DRIVE, MEDFORD NJ 08055
Rice Jennifer Matthews officer: VP of Legal Affairs 555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087

Brandywine Realty Trust (Brandywine Realty Trust) Headlines

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