GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Education Realty Trust Inc (NYSE:EDR) » Definitions » Cyclically Adjusted Book per Share

Education Realty Trust (Education Realty Trust) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2018)


View and export this data going back to 2005. Start your Free Trial

What is Education Realty Trust 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.

Education Realty Trust's adjusted book value per share for the three months ended in Jun. 2018 was $25.757. 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 Jun. 2018.

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 (2024-04-28), Education Realty Trust's current stock price is $41.49. Education Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2018 was $0.00. Education Realty Trust's Cyclically Adjusted PB Ratio of today is .


Education Realty Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Education Realty Trust'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.

Education Realty Trust Cyclically Adjusted Book per Share Chart

Education Realty Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Education Realty Trust Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 Education Realty Trust's Cyclically Adjusted Book per Share

For the REIT - Residential subindustry, Education Realty Trust'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.


Education Realty Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Education Realty Trust's Cyclically Adjusted PB Ratio falls into.



Education Realty Trust 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, Education Realty Trust's adjusted Book Value per Share data for the three months ended in Jun. 2018 was:

Adj_Book= Book Value per Share /CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=25.757/106.3168*106.3168
=25.757

Current CPI (Jun. 2018) = 106.3168.

Education Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
200809 29.277 92.307 33.721
200812 28.118 88.697 33.704
200903 27.869 89.744 33.015
200906 27.624 91.003 32.272
200909 19.345 91.120 22.571
200912 19.172 91.111 22.372
201003 19.071 91.821 22.082
201006 18.970 91.962 21.931
201009 0.000 92.162 0.000
201012 16.609 92.474 19.095
201103 17.265 94.283 19.469
201106 17.150 95.235 19.146
201109 17.215 95.727 19.119
201112 18.362 95.213 20.503
201203 18.488 96.783 20.309
201206 18.541 96.819 20.360
201209 20.319 97.633 22.126
201212 20.105 96.871 22.065
201303 19.969 98.209 21.617
201306 19.874 98.518 21.447
201309 19.258 98.790 20.725
201312 18.975 98.326 20.517
201403 18.895 99.695 20.150
201406 20.219 100.560 21.377
201409 20.405 100.428 21.602
201412 20.600 99.070 22.107
201503 20.440 99.621 21.814
201506 20.217 100.684 21.348
201509 19.682 100.392 20.844
201512 21.743 99.792 23.165
201603 23.250 100.470 24.603
201606 24.830 101.688 25.960
201609 24.729 101.861 25.811
201612 24.632 101.863 25.709
201703 24.433 102.862 25.254
201706 24.125 103.349 24.818
201709 24.388 104.136 24.899
201712 24.343 104.011 24.883
201803 24.488 105.290 24.727
201806 25.757 106.317 25.757

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


Education Realty Trust  (NYSE:EDR) 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.


Education Realty Trust Cyclically Adjusted Book per Share Related Terms

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


Education Realty Trust (Education Realty Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Education Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of collegiate housing communities located near university campuses throughout the United States. In terms of the total number of residential communities and the total number of beds, the majority of the company's real estate portfolio is located in the Mid-Atlantic and South Central regions of the United States. Nearly all of Education Realty's revenue is derived from short-term collegiate housing leases. Most of this revenue is generated by the company's holdings in the Mid-Atlantic and South Central regions. Real estate markets surrounding universities in Kentucky and Texas represent some of Education Realty's largest individual markets.
Executives
John T Thomas director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Brewer Edwin B Jr officer: Executive VP and CFO C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Randy L Churchey director, officer: Chairman and CEO 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
John V Arabia director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Kimberly Schaefer director C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Randall H Brown officer: Exec. VP, CFO and Treasurer 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211

Education Realty Trust (Education Realty Trust) Headlines