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Elah Holdings (Elah Holdings) Cyclically Adjusted Book per Share : $35.24 (As of Mar. 2024)


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What is Elah Holdings 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.

Elah Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $11.990. 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 $35.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elah Holdings's average Cyclically Adjusted Book Growth Rate was -73.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -28.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -16.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -26.90% 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 Elah Holdings was 17.90% per year. The lowest was -44.40% per year. And the median was -4.90% per year.

As of today (2024-05-26), Elah Holdings's current stock price is $32.05. Elah Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $35.24. Elah Holdings's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Elah Holdings was 0.91. The lowest was 0.23. And the median was 0.43.


Elah Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Elah Holdings'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.

Elah Holdings Cyclically Adjusted Book per Share Chart

Elah Holdings 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 179.43 163.31 162.45 161.59 59.12

Elah Holdings 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 134.16 105.91 79.87 59.12 35.24

Competitive Comparison of Elah Holdings's Cyclically Adjusted Book per Share

For the Shell Companies subindustry, Elah Holdings'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.


Elah Holdings's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Elah Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Elah Holdings 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, Elah Holdings'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)
=11.99/131.7762*131.7762
=11.990

Current CPI (Mar. 2024) = 131.7762.

Elah Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 761.015 100.560 997.257
201409 3.011 100.428 3.951
201412 5.012 99.070 6.667
201503 4.590 99.621 6.072
201506 4.195 100.684 5.490
201509 4.977 100.392 6.533
201512 4.901 99.792 6.472
201603 3.806 100.470 4.992
201606 4.478 101.688 5.803
201609 4.152 101.861 5.371
201612 1.137 101.863 1.471
201703 0.742 102.862 0.951
201706 0.688 103.349 0.877
201709 -0.570 104.136 -0.721
201712 -2.729 104.011 -3.457
201803 -143.311 105.290 -179.362
201806 26.172 106.317 32.439
201809 25.392 106.507 31.416
201812 23.677 105.998 29.435
201903 22.678 107.251 27.864
201906 21.898 108.070 26.702
201909 21.177 108.329 25.761
201912 23.619 108.420 28.707
202003 22.772 108.902 27.555
202006 22.074 108.767 26.744
202009 21.898 109.815 26.277
202012 21.445 109.897 25.714
202103 20.693 111.754 24.400
202106 20.153 114.631 23.167
202109 19.608 115.734 22.326
202112 19.039 117.630 21.329
202203 18.337 121.301 19.921
202206 17.621 125.017 18.574
202209 16.488 125.227 17.350
202212 15.858 125.222 16.688
202303 14.991 127.348 15.512
202306 14.266 128.729 14.604
202309 13.568 129.860 13.768
202312 12.582 129.419 12.811
202403 11.990 131.776 11.990

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


Elah Holdings  (OTCPK:ELLH) 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.

Elah Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.05/35.24
=0.91

* 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 Elah Holdings was 0.91. The lowest was 0.23. And the median was 0.43.


Be Aware

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


Elah Holdings Cyclically Adjusted Book per Share Related Terms

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


Elah Holdings (Elah Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205
Elah Holdings Inc is a holding company. The Company has operated as one single segment and continues to execute its longstanding business strategy of seeking to acquire profitable businesses in the commercial and industrial markets and supporting the performance of such acquisitions post-closing.
Executives
Randolph E. Brown director 8214 WESTCHESTER DR., STE 950, DALLAS TX 75225
C Clark Webb director, 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Goldman Sachs Asset Management, L.p. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
210/rely Partners, Lp 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210/rely Investment, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75219
Brian K Laibow director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Goldman Sachs Bdc, Inc. 10 percent owner 200 WEST STREET, ATT: PRIVATE CREDIT GROUP, NEW YORK NY 10282
Goldman Sachs Private Middle Market Credit Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10298-2198
Goldman Sachs Middle Market Lending Corp. 10 percent owner 200 WEST STREET, NEW YORK NY 10282-2198
Douglas Tabor director 401 N. CARROLL #194, SOUTHLAKE TX 76092
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Ccw/law Holdings, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Covenant Rha Partners, L.p. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 650, DALLAS TX 75225

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