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VTMX (Corporacion Inmobiliaria VestaB de CV) Cyclically Adjusted Book per Share : $25.13 (As of Jun. 2024)


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What is Corporacion Inmobiliaria VestaB de CV 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.

Corporacion Inmobiliaria VestaB de CV's adjusted book value per share for the three months ended in Jun. 2024 was $30.436. 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 $25.13 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.70% 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 Corporacion Inmobiliaria VestaB de CV was 11.70% per year. The lowest was 11.70% per year. And the median was 11.70% per year.

As of today (2024-10-09), Corporacion Inmobiliaria VestaB de CV's current stock price is $27.20. Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $25.13. Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Corporacion Inmobiliaria VestaB de CV was 1.58. The lowest was 0.95. And the median was 1.19.


Corporacion Inmobiliaria VestaB de CV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Corporacion Inmobiliaria VestaB de CV'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.

Corporacion Inmobiliaria VestaB de CV Cyclically Adjusted Book per Share Chart

Corporacion Inmobiliaria VestaB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 26.00

Corporacion Inmobiliaria VestaB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 24.65 26.00 27.38 25.13

Competitive Comparison of Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Corporacion Inmobiliaria VestaB de CV'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.


Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio falls into.



Corporacion Inmobiliaria VestaB de CV 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, Corporacion Inmobiliaria VestaB de CV's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=30.436/153.5505*153.5505
=30.436

Current CPI (Jun. 2024) = 153.5505.

Corporacion Inmobiliaria VestaB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201409 15.791 97.652 24.830
201412 15.720 99.469 24.267
201503 15.648 99.973 24.034
201506 15.887 99.382 24.546
201509 15.438 100.112 23.679
201512 15.445 101.588 23.345
201603 15.582 102.573 23.326
201606 14.974 101.905 22.563
201609 15.237 103.084 22.697
201612 15.447 105.002 22.589
201703 16.151 108.063 22.949
201706 16.402 108.339 23.247
201709 16.692 109.628 23.380
201712 17.031 112.114 23.326
201803 16.856 113.505 22.803
201806 16.988 113.373 23.008
201809 17.863 115.130 23.824
201812 17.817 117.530 23.278
201903 17.292 118.050 22.492
201906 18.699 117.848 24.364
201909 18.493 118.581 23.946
201912 19.376 120.854 24.618
202003 19.464 121.885 24.521
202006 19.687 121.777 24.824
202009 20.384 123.341 25.377
202012 21.240 124.661 26.162
202103 18.816 127.574 22.647
202106 20.514 128.936 24.430
202109 20.593 130.742 24.186
202112 21.244 133.830 24.374
202203 21.125 137.082 23.663
202206 21.916 139.233 24.170
202209 22.856 142.116 24.695
202212 24.125 144.291 25.673
202303 24.002 146.472 25.162
202306 0.000 146.272 0.000
202309 26.832 148.446 27.755
202312 28.582 151.017 29.062
202403 29.152 152.947 29.267
202406 30.436 153.551 30.436

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


Corporacion Inmobiliaria VestaB de CV  (NYSE:VTMX) 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.

Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.20/25.13
=1.08

* 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 Corporacion Inmobiliaria VestaB de CV was 1.58. The lowest was 0.95. And the median was 1.19.


Be Aware

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


Corporacion Inmobiliaria VestaB de CV Cyclically Adjusted Book per Share Related Terms

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


Corporacion Inmobiliaria VestaB de CV Business Description

Traded in Other Exchanges
Address
Paseo de los Tamarindos, 90 Torre 2, 28th Floor, Col. Bosques de las Lomas, Cuajimalpa, Mexico, MEX, 05120
Corporacion Inmobiliaria Vesta SAB de CV is a real estate company dedicated to the development and leasing of industrial buildings and distribution centers in Mexico. The Company's primary business is the acquisition, development, and management of industrial and distribution center real estate. The company designs and constructs park-to-suit projects across various industries; undertakes build-to-suit projects; and provides site selection, design and engineering, and sale and leaseback services. The primary source of revenues is the rental income received from customers under operating leases. It serves aerospace, automotive, food and beverage, logistics, medical devices, plastics, and other industries.