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Alrov Properties & Lodgings (XTAE:ALRPR) Cyclically Adjusted Book per Share : ₪207.18 (As of Mar. 2024)


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What is Alrov Properties & Lodgings 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.

Alrov Properties & Lodgings's adjusted book value per share for the three months ended in Mar. 2024 was ₪261.244. 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 ₪207.18 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 (2024-06-09), Alrov Properties & Lodgings's current stock price is ₪140.00. Alrov Properties & Lodgings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪207.18. Alrov Properties & Lodgings's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alrov Properties & Lodgings was 0.75. The lowest was 0.68. And the median was 0.72.


Alrov Properties & Lodgings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alrov Properties & Lodgings'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.

Alrov Properties & Lodgings Cyclically Adjusted Book per Share Chart

Alrov Properties & Lodgings Annual Data
Trend Dec08 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Alrov Properties & Lodgings 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 - - - - 207.18

Competitive Comparison of Alrov Properties & Lodgings's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Alrov Properties & Lodgings'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.


Alrov Properties & Lodgings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Alrov Properties & Lodgings's Cyclically Adjusted PB Ratio falls into.



Alrov Properties & Lodgings 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, Alrov Properties & Lodgings'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)
=261.244/131.7762*131.7762
=261.244

Current CPI (Mar. 2024) = 131.7762.

Alrov Properties & Lodgings Quarterly Data

Book Value per Share CPI Adj_Book
200512 6.080 83.032 9.649
200612 11.954 85.142 18.502
200712 46.913 88.616 69.762
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 134.768 99.792 177.962
201603 128.676 100.470 168.770
201606 131.520 101.688 170.435
201609 129.869 101.861 168.010
201612 142.675 101.863 184.574
201703 139.073 102.862 178.166
201706 148.278 103.349 189.063
201709 151.939 104.136 192.268
201712 167.903 104.011 212.724
201803 169.340 105.290 211.939
201806 169.961 106.317 210.661
201809 180.771 106.507 223.660
201812 185.780 105.998 230.961
201903 182.969 107.251 224.810
201906 186.178 108.070 227.019
201909 183.991 108.329 223.814
201912 200.346 108.420 243.505
202003 186.746 108.902 225.972
202006 184.690 108.767 223.760
202009 186.286 109.815 223.540
202012 193.003 109.897 231.428
202103 193.537 111.754 228.211
202106 194.608 114.631 223.714
202109 194.926 115.734 221.945
202112 220.519 117.630 247.040
202203 218.378 121.301 237.236
202206 217.122 125.017 228.861
202209 222.654 125.227 234.299
202212 255.062 125.222 268.413
202303 241.051 127.348 249.433
202306 270.334 128.729 276.734
202309 272.343 129.860 276.363
202312 266.534 129.419 271.388
202403 261.244 131.776 261.244

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


Alrov Properties & Lodgings  (XTAE:ALRPR) 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.

Alrov Properties & Lodgings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=140.00/207.18
=0.68

* 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 Alrov Properties & Lodgings was 0.75. The lowest was 0.68. And the median was 0.72.


Be Aware

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


Alrov Properties & Lodgings Cyclically Adjusted Book per Share Related Terms

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


Alrov Properties & Lodgings (XTAE:ALRPR) Business Description

Traded in Other Exchanges
N/A
Address
46 Rothschild Boulevard, The Alrov Tower, Tel Aviv, ISR, 66883
Alrov Properties & Lodgings Ltd is an Israel-based real estate company. It is involved in investing in, developing and operating luxury projects. The company operating segments include Investment Property, lodging overseas, Lodging in Israel, Securities and others. It generates maximum revenue from the Investment Property segment. The company initiates projects related to hotels, office buildings, commercial and residential properties.

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