GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Plum Creek Timber Co Inc (NYSE:PCL) » Definitions » Cyclically Adjusted Book per Share

Plum Creek Timber Co (Plum Creek Timber Co) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2015)


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

What is Plum Creek Timber Co 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.

Plum Creek Timber Co's adjusted book value per share for the three months ended in Dec. 2015 was $8.485. 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 Dec. 2015.

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 (2024-05-06), Plum Creek Timber Co's current stock price is $36.54. Plum Creek Timber Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2015 was $0.00. Plum Creek Timber Co's Cyclically Adjusted PB Ratio of today is .


Plum Creek Timber Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Plum Creek Timber Co'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.

Plum Creek Timber Co Cyclically Adjusted Book per Share Chart

Plum Creek Timber Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Plum Creek Timber Co Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 - - - - -

Competitive Comparison of Plum Creek Timber Co's Cyclically Adjusted Book per Share

For the Lumber & Wood Production subindustry, Plum Creek Timber Co'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.


Plum Creek Timber Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Plum Creek Timber Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Plum Creek Timber Co's Cyclically Adjusted PB Ratio falls into.



Plum Creek Timber Co 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, Plum Creek Timber Co's adjusted Book Value per Share data for the three months ended in Dec. 2015 was:

Adj_Book= Book Value per Share /CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=8.485/99.7924*99.7924
=8.485

Current CPI (Dec. 2015) = 99.7924.

Plum Creek Timber Co Quarterly Data

Book Value per Share CPI Adj_Book
200603 12.733 84.298 15.073
200606 12.031 85.606 14.025
200609 11.876 85.606 13.844
200612 11.796 85.142 13.826
200703 11.564 86.640 13.319
200706 11.130 87.906 12.635
200709 10.681 87.964 12.117
200712 11.107 88.616 12.508
200803 10.614 90.090 11.757
200806 10.392 92.320 11.233
200809 10.420 92.307 11.265
200812 9.537 88.697 10.730
200903 9.668 89.744 10.750
200906 9.472 91.003 10.387
200909 9.189 91.120 10.064
200912 9.005 91.111 9.863
201003 9.122 91.821 9.914
201006 8.700 91.962 9.441
201009 8.484 92.162 9.186
201012 8.502 92.474 9.175
201103 8.357 94.283 8.845
201106 8.235 95.235 8.629
201109 8.051 95.727 8.393
201112 7.830 95.213 8.207
201203 7.622 96.783 7.859
201206 7.443 96.819 7.672
201209 7.420 97.633 7.584
201212 7.549 96.871 7.777
201303 7.621 98.209 7.744
201306 7.534 98.518 7.631
201309 7.546 98.790 7.623
201312 10.350 98.326 10.504
201403 10.096 99.695 10.106
201406 9.977 100.560 9.901
201409 9.687 100.428 9.626
201412 9.500 99.070 9.569
201503 9.214 99.621 9.230
201506 8.765 100.684 8.687
201509 8.675 100.392 8.623
201512 8.485 99.792 8.485

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


Plum Creek Timber Co  (NYSE:PCL) 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.


Be Aware

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


Plum Creek Timber Co Cyclically Adjusted Book per Share Related Terms

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


Plum Creek Timber Co (Plum Creek Timber Co) Business Description

Traded in Other Exchanges
N/A
Address
Plum Creek Timber Co Inc was incorporated in Delaware. It is a real estate investment trust. The Company owned approximately 6.6 million acres of timberlands located in 19 states. It manages its timberlands in two business segments: the Northern Resources Segment, consisting of timberlands in Maine, Michigan, Montana, New Hampshire, Oregon, Vermont, Washington, West Virginia and Wisconsin; and the Southern Resources Segment, consisting of timberlands in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Texas, and Virginia. In addition, its Energy and Natural Resources Segment includes its natural resource businesses that focus on opportunities for oil and natural gas production, construction aggregates and mineral extraction, wind power and communication and transportation rights of way. The Company's real estate segment includes development of certain properties, internally and through joint venture arrangements. The Company's manufacturing segment, also conducted through its wholly-owned taxable REIT subsidiaries, includes two lumber mills, two plywood mills and two medium density fiberboard ("MDF") production lines in Montana and one lumber remanufacturing facility in Idaho. Some of its real estate activities, including its real estate development business, are conducted through its wholly-owned taxable REIT subsidiaries. As of December 31, 2014, the Northern Resources Segment encompassed approximately 3.1 million acres of timberlands and the Southern Resources Segment consisted of approximately 3.6 million acres of timberlands. In its Real Estate Segment, the Company competes with numerous sellers of entitled and unentitled land in hundreds of local markets. The Company's operations are subject to federal, state and local environmental laws and regulations, including laws relating to water, air, solid waste and hazardous substances and the requirements of the Federal Occupational Safety and Health Act and comparable state statutes relating to the health and safety of its employees.
Executives
Sara Grootwassink Lewis director C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
Michelle J Goldberg director 601 UNION STREET, SUITE 3100, SEATTLE WA 98101
John G Mcdonald director 601 UNION STREET, SUITE 3100, SEATTLE WA 98101-1374
Robin Josephs director
Martin A White director C/O MDU RESOURCES GROUP, INC., PO BOX 5650, BISMARK ND 58506-5650
Thomas M Lindquist officer: PRESIDENT & COO 601 UNION STREET, SUITE 3100, SEATTLE WA 98101-1374
Timothy E Punke officer: SVP Corp Affairs&Public Policy C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Morgan John F., Sr. director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Russell S Hagen officer: SR. VP, BUSINESS DEVELOPMENT C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Lawrence A Selzer director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Rick R Holley director, officer: CEO C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Marc F Racicot director 1411 E. MISSION AVENUE, SPOKANE WA 99202
James A Kilberg officer: SVP, REAL ESTATE & ENR C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Stephen C Tobias director NORFOLK SOUTHERN CORP, THREE COMMERCIAL PLACE, NORFOLK VA 23510-9219
John H Scully director 591 REDWOOD HIGHWAY, SUITE 3215, MILL VALLEY CA 94941

Plum Creek Timber Co (Plum Creek Timber Co) Headlines

From GuruFocus

Always Question the Assumptions

By Dr. Paul Price Dr. Paul Price 01-11-2015

Stocks at 52-Week Lows

By Joy Hu Joy Hu 07-20-2016