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Dream Impact Trust (Dream Impact Trust) Cyclically Adjusted Book per Share : $26.52 (As of Mar. 2024)


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What is Dream Impact 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.

Dream Impact Trust's adjusted book value per share for the three months ended in Mar. 2024 was $17.726. 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 $26.52 for the trailing ten years ended in Mar. 2024.

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 (2024-05-20), Dream Impact Trust's current stock price is $2.85. Dream Impact Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $26.52. Dream Impact Trust's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Dream Impact Trust was 0.26. The lowest was 0.10. And the median was 0.16.


Dream Impact Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dream Impact 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.

Dream Impact Trust Cyclically Adjusted Book per Share Chart

Dream Impact 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 - - - - 28.07

Dream Impact 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 - 37.71 30.05 28.07 26.52

Competitive Comparison of Dream Impact Trust's Cyclically Adjusted Book per Share

For the REIT - Diversified subindustry, Dream Impact 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.


Dream Impact Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Dream Impact 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, Dream Impact 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)
=17.726/126.2576*126.2576
=17.726

Current CPI (Mar. 2024) = 126.2576.

Dream Impact Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.473 0.000
201409 35.617 99.394 45.243
201412 33.534 98.367 43.042
201503 30.502 99.789 38.592
201506 31.160 100.500 39.146
201509 28.913 100.421 36.352
201512 27.865 99.947 35.200
201603 28.398 101.054 35.481
201606 28.849 102.002 35.709
201609 28.177 101.765 34.959
201612 26.764 101.449 33.309
201703 25.605 102.634 31.499
201706 25.164 103.029 30.837
201709 26.920 103.345 32.889
201712 26.158 103.345 31.958
201803 25.928 105.004 31.176
201806 25.099 105.557 30.021
201809 24.973 105.636 29.848
201812 24.207 105.399 28.998
201903 24.061 106.979 28.397
201906 24.244 107.690 28.424
201909 24.140 107.611 28.323
201912 25.070 107.769 29.371
202003 23.578 107.927 27.582
202006 23.882 108.401 27.816
202009 24.816 108.164 28.967
202012 26.013 108.559 30.254
202103 25.877 110.298 29.621
202106 26.211 111.720 29.622
202109 25.066 112.905 28.030
202112 25.786 113.774 28.615
202203 25.586 117.646 27.459
202206 25.221 120.806 26.359
202209 23.881 120.648 24.991
202212 21.025 120.964 21.945
202303 20.329 122.702 20.918
202306 20.595 124.203 20.936
202309 19.613 125.230 19.774
202312 18.183 125.072 18.355
202403 17.726 126.258 17.726

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


Dream Impact Trust  (OTCPK:DDHRF) 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.

Dream Impact Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.85/26.52
=0.11

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Dream Impact Trust was 0.26. The lowest was 0.10. And the median was 0.16.


Be Aware

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


Dream Impact Trust Cyclically Adjusted Book per Share Related Terms

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


Dream Impact Trust (Dream Impact Trust) Business Description

Industry
Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Impact Trust is a Canada-based open-ended trust. It is focused on asset alternative investments consisting of real estate, real estate lending, real estate development, and renewable power. The objective is to generate financial returns along with positive social and environmental impacts. It has two operating segments: The development and investment holdings segment is comprised of direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables and the Recurring income segment is comprised of a portfolio of stabilized office and commercial real estate income properties and multi-family rental assets over which the trust has significant influence, joint control, or control, and interest-paying corporate loans.

Dream Impact Trust (Dream Impact Trust) Headlines