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GRBK (Green Brick Partners) Cyclically Adjusted Book per Share : $17.35 (As of Mar. 2025)


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What is Green Brick 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.

Green Brick Partners's adjusted book value per share for the three months ended in Mar. 2025 was $37.086. 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 $17.35 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Green Brick Partners's average Cyclically Adjusted Book Growth Rate was 23.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Green Brick Partners was 20.30% per year. The lowest was -20.80% per year. And the median was -6.50% per year.

As of today (2025-07-08), Green Brick Partners's current stock price is $63.62. Green Brick Partners's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $17.35. Green Brick Partners's Cyclically Adjusted PB Ratio of today is 3.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Green Brick Partners was 5.59. The lowest was 0.35. And the median was 2.18.


Green Brick Partners Cyclically Adjusted Book per Share Historical Data

The historical data trend for Green Brick 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.

Green Brick Partners Cyclically Adjusted Book per Share Chart

Green Brick Partners Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.80 9.43 10.89 13.15 16.40

Green Brick Partners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 14.06 14.86 15.68 16.40 17.35

Competitive Comparison of Green Brick Partners's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, Green Brick 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.


Green Brick Partners's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Green Brick Partners's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Green Brick 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, Green Brick Partners's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=37.086/134.9266*134.9266
=37.086

Current CPI (Mar. 2025) = 134.9266.

Green Brick Partners Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.734 100.684 7.684
201509 7.227 100.392 9.713
201512 7.362 99.792 9.954
201603 7.431 100.470 9.979
201606 7.565 101.688 10.038
201609 7.695 101.861 10.193
201612 7.855 101.863 10.405
201703 7.991 102.862 10.482
201706 8.144 103.349 10.632
201709 8.386 104.136 10.866
201712 8.228 104.011 10.674
201803 8.452 105.290 10.831
201806 8.741 106.317 11.093
201809 8.984 106.507 11.381
201812 9.259 105.998 11.786
201903 9.489 107.251 11.938
201906 9.734 108.070 12.153
201909 10.076 108.329 12.550
201912 10.362 108.420 12.895
202003 10.727 108.902 13.291
202006 11.365 108.767 14.098
202009 12.042 109.815 14.796
202012 12.638 109.897 15.516
202103 13.130 111.754 15.852
202106 14.133 114.631 16.635
202109 15.106 115.734 17.611
202112 16.289 117.630 18.684
202203 17.408 121.301 19.363
202206 19.360 125.017 20.895
202209 20.886 125.227 22.504
202212 22.032 125.222 23.739
202303 23.314 127.348 24.701
202306 24.822 128.729 26.017
202309 26.392 129.860 27.422
202312 27.844 129.419 29.029
202403 29.666 131.776 30.375
202406 31.207 132.554 31.766
202409 33.106 133.029 33.578
202412 35.458 133.157 35.929
202503 37.086 134.927 37.086

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


Green Brick Partners  (NYSE:GRBK) 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.

Green Brick Partners's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=63.62/17.35
=3.67

* 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 Green Brick Partners was 5.59. The lowest was 0.35. And the median was 2.18.


Be Aware

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


Green Brick Partners Cyclically Adjusted Book per Share Related Terms

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


Green Brick Partners Business Description

Traded in Other Exchanges
Address
5501 Headquarters Drive, Suite 300 W, Plano, TX, USA, 75024
Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of the company's revenue is generated from the builder operations central segment which is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title.
Executives
Richard S Press director 101 BOGLE STREET, WESTON MA 02493
David Einhorn director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
James R. Brickman director, officer: Chief Executive Officer 3131 HARVARD AVENUE, SUTE 103, DALLAS TX 75205
Kathleen Olsen director 4 BROOKSIDE DRIVE, PORT WASHINGTON NY 11050
Richard Arthur Costello officer: Chief Financial Officer 2805 DALLAS PARKWAY, SUITE 400, PLANO TX 75093
Jed Dolson officer: See Remarks 3131 HARVARD AVENUE, SUTE 103, DALLAS TX 75205
Dme Capital Management, Lp director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c. director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Greenlight Capital Inc director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Elizabeth Blake director BIOFUEL ENERGY CORP., 1600 BROADWAY SUITE 2200, DENVER CO 80202
Harry Brandler director 2 GRAND CENTRAL TOWER, 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Neal J Suit officer: General Counsel & EVP C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Lila A Murphy director 2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
John R Farris director P.O. BOX 309, FRANKFORT KY 40602-0309