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Crown Capital Partners (TSX:CRWN) Cyclically Adjusted Book per Share : C$10.81 (As of Mar. 2024)


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What is Crown Capital Partners 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.

Crown Capital Partners's adjusted book value per share for the three months ended in Mar. 2024 was C$6.718. 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 C$10.81 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 (2024-06-01), Crown Capital Partners's current stock price is C$4.10. Crown Capital Partners's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$10.81. Crown Capital Partners's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Crown Capital Partners was 0.46. The lowest was 0.38. And the median was 0.45.


Crown Capital Partners Cyclically Adjusted Book per Share Historical Data

The historical data trend for Crown Capital Partners'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.

Crown Capital Partners Cyclically Adjusted Book per Share Chart

Crown Capital Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Crown Capital Partners 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 - - - - 10.81

Competitive Comparison of Crown Capital Partners's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Crown Capital Partners'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.


Crown Capital Partners's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Crown Capital Partners's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Crown Capital Partners's Cyclically Adjusted PB Ratio falls into.



Crown Capital Partners 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, Crown Capital Partners'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)
=6.718/126.2576*126.2576
=6.718

Current CPI (Mar. 2024) = 126.2576.

Crown Capital Partners Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.011 98.367 0.014
201503 0.000 99.789 0.000
201506 0.077 100.500 0.097
201509 10.251 100.421 12.888
201512 10.462 99.947 13.216
201603 10.557 101.054 13.190
201606 10.676 102.002 13.215
201609 10.647 101.765 13.210
201612 10.670 101.449 13.279
201703 10.754 102.634 13.229
201706 10.862 103.029 13.311
201709 10.848 103.345 13.253
201712 10.983 103.345 13.418
201803 10.878 105.004 13.080
201806 11.025 105.557 13.187
201809 10.795 105.636 12.902
201812 10.907 105.399 13.066
201903 10.332 106.979 12.194
201906 10.426 107.690 12.224
201909 10.381 107.611 12.180
201912 10.377 107.769 12.157
202003 10.052 107.927 11.759
202006 9.905 108.401 11.537
202009 9.141 108.164 10.670
202012 8.963 108.559 10.424
202103 9.100 110.298 10.417
202106 9.054 111.720 10.232
202109 9.374 112.905 10.483
202112 9.738 113.774 10.806
202203 9.846 117.646 10.567
202206 9.928 120.806 10.376
202209 9.558 120.648 10.002
202212 8.980 120.964 9.373
202303 8.854 122.702 9.111
202306 8.661 124.203 8.804
202309 8.330 125.230 8.398
202312 6.840 125.072 6.905
202403 6.718 126.258 6.718

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


Crown Capital Partners  (TSX:CRWN) 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.

Crown Capital Partners's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.10/10.81
=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 10 years, the highest Cyclically Adjusted PB Ratio of Crown Capital Partners was 0.46. The lowest was 0.38. And the median was 0.45.


Be Aware

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


Crown Capital Partners Cyclically Adjusted Book per Share Related Terms

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


Crown Capital Partners (TSX:CRWN) Business Description

Traded in Other Exchanges
N/A
Address
700 - 2nd Street Southwest, Suite 19-131, Calgary, AB, CAN, T2P 3H9
Crown Capital Partners Inc provides investment management services. It is a speciality finance company that provides capital to middle-market companies. The firm offers long-term financing and special situation financing. It provides tailored financing solutions with minimal or no ownership dilution. Its financing solutions include subordinated term and bridge loans, perpetual debt, income streaming, and royalties. The company operates through the Six below segments namely Specialty finance, Network services, Distributed Power, Real estate, Distribution services, Corporate and other.
Executives
John Albert Brussa Director
Michael Lee-chin 10% Security Holder

Crown Capital Partners (TSX:CRWN) Headlines

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