GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Real Matters Inc (OTCPK:RLLMF) » Definitions » Cyclically Adjusted Book per Share

Real Matters (Real Matters) Cyclically Adjusted Book per Share : $1.83 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Real Matters 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.

Real Matters's adjusted book value per share data for the fiscal year that ended in Sep. 2023 was $1.530. 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 $1.83 for the trailing ten years ended in Sep. 2023.

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 (2024-05-26), Real Matters's current stock price is $ 4.07. Real Matters's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep. 2023 was $1.83. Real Matters's Cyclically Adjusted PB Ratio of today is 2.22.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Real Matters was 2.46. The lowest was 1.92. And the median was 2.21.


Real Matters Cyclically Adjusted Book per Share Historical Data

The historical data trend for Real Matters'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.

Real Matters Cyclically Adjusted Book per Share Chart

Real Matters Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.83

Real Matters 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 - - 1.83 - -

Competitive Comparison of Real Matters's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Real Matters'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.


Real Matters's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Real Matters 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, Real Matters's adjusted Book Value per Share data for the fiscal year that ended in Sep. 2023 was:

Adj_Book=Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.53/125.2304*125.2304
=1.530

Current CPI (Sep. 2023) = 125.2304.

Real Matters Annual Data

Book Value per Share CPI Adj_Book
201409 0.000 99.394 0.000
201509 0.558 100.421 0.696
201609 1.214 101.765 1.494
201709 2.120 103.345 2.569
201809 2.016 105.636 2.390
201909 2.003 107.611 2.331
202009 2.449 108.164 2.835
202109 2.017 112.905 2.237
202209 1.580 120.648 1.640
202309 1.530 125.230 1.530

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


Real Matters  (OTCPK:RLLMF) 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.

Real Matters's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.07/1.83
=2.22

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Real Matters was 2.46. The lowest was 1.92. And the median was 2.21.


Be Aware

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


Real Matters Cyclically Adjusted Book per Share Related Terms

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


Real Matters (Real Matters) Business Description

Industry
Traded in Other Exchanges
Address
50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.

Real Matters (Real Matters) Headlines

From GuruFocus

Real Matters: From Pandemic Darling to Pandemic Bust

By Praveen Chawla 11-21-2021

Real Matters Announces Renewal of Normal Course Issuer Bid

By Business Wire Business Wire 06-08-2022

Real Matters Announces Amendment to Normal Course Issuer Bid

By Business Wire Business Wire 11-22-2021

Real Matters Announces Election of Directors

By Business Wire Business Wire 02-01-2023

Real Matters Is the Real Deal

By Praveen Chawla 02-27-2022