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CNL Healthcare Properties (CNL Healthcare Properties) Cyclically Adjusted Book per Share : $6.60 (As of Mar. 2024)


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What is CNL Healthcare Properties 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.

CNL Healthcare Properties's adjusted book value per share for the three months ended in Mar. 2024 was $4.208. 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 $6.60 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 (2024-06-02), CNL Healthcare Properties's current stock price is $3.30. CNL Healthcare Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.60. CNL Healthcare Properties's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of CNL Healthcare Properties was 0.56. The lowest was 0.47. And the median was 0.54.


CNL Healthcare Properties Cyclically Adjusted Book per Share Historical Data

The historical data trend for CNL Healthcare Properties'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.

CNL Healthcare Properties Cyclically Adjusted Book per Share Chart

CNL Healthcare Properties 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 - - - - 6.55

CNL Healthcare Properties 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 - - - 6.55 6.60

Competitive Comparison of CNL Healthcare Properties's Cyclically Adjusted Book per Share

For the REIT - Healthcare Facilities subindustry, CNL Healthcare Properties'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.


CNL Healthcare Properties's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CNL Healthcare Properties's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CNL Healthcare Properties's Cyclically Adjusted PB Ratio falls into.



CNL Healthcare Properties 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, CNL Healthcare Properties'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)
=4.208/131.7762*131.7762
=4.208

Current CPI (Mar. 2024) = 131.7762.

CNL Healthcare Properties Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 5.496 99.070 7.310
201503 0.000 99.621 0.000
201506 7.171 100.684 9.385
201509 7.347 100.392 9.644
201512 7.207 99.792 9.517
201603 6.964 100.470 9.134
201606 6.771 101.688 8.774
201609 6.607 101.861 8.547
201612 6.586 101.863 8.520
201703 6.450 102.862 8.263
201706 6.300 103.349 8.033
201709 6.121 104.136 7.746
201712 6.019 104.011 7.626
201803 5.861 105.290 7.335
201806 5.706 106.317 7.072
201809 5.555 106.507 6.873
201812 5.405 105.998 6.719
201903 5.361 107.251 6.587
201906 5.195 108.070 6.335
201909 5.175 108.329 6.295
201912 5.169 108.420 6.283
202003 5.145 108.902 6.226
202006 5.095 108.767 6.173
202009 5.034 109.815 6.041
202012 4.987 109.897 5.980
202103 4.923 111.754 5.805
202106 4.876 114.631 5.605
202109 4.821 115.734 5.489
202112 4.651 117.630 5.210
202203 4.655 121.301 5.057
202206 4.635 125.017 4.886
202209 4.610 125.227 4.851
202212 4.540 125.222 4.778
202303 4.479 127.348 4.635
202306 4.424 128.729 4.529
202309 4.368 129.860 4.432
202312 4.242 129.419 4.319
202403 4.208 131.776 4.208

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


CNL Healthcare Properties  (OTCPK:CHTH) 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.

CNL Healthcare Properties's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.30/6.6
=0.50

* 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 11 years, the highest Cyclically Adjusted PB Ratio of CNL Healthcare Properties was 0.56. The lowest was 0.47. And the median was 0.54.


Be Aware

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


CNL Healthcare Properties Cyclically Adjusted Book per Share Related Terms

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


CNL Healthcare Properties (CNL Healthcare Properties) Business Description

Industry
Traded in Other Exchanges
N/A
Address
450 South Orange Avenue, CNL Center at City Commons, Orlando, FL, USA, 32801
CNL Healthcare Properties Inc operates as a real estate investment trust. The company's real estate ownership consists of owning, managing, leasing, acquiring, developing, investing in, and as conditions warrant, disposing of real estate assets in the healthcare, office, retail, lifestyle, restaurant, hotel, and multifamily development sectors. Additionally, it focuses on acquiring properties in the senior housing, medical office, acute care, and post-acute care classes, including stabilized, value-add, and development properties, income-producing real estate, and real estate-related securities and loans.
Executives
John R. Mcrae officer: Senior Vice President 823 BRIGHTWATER CIRCLE, MAITLAND FL 32751
Tracey B. Bracco officer: See Remarks 450 S. ORANGE AVENUE, ORLANDO FL 32801
John F. Starr officer: See Remarks 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
L Burke Rainey officer: See Explanation of Responses 450 S. ORANGE AVENUE, ORLANDO FL 32801
Seneff James M Jr director CNL FINANCIAL GROUP, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Kevin R Maddron officer: See Remarks P.O. BOX 4920, ORLANDO FL 32802
J Chandler Martin director 2226 THETFORD COURT, CHARLOTTE NC 28211
Joseph T Johnson officer: SVP, CFO and Treasurer 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
J Douglas Holladay director 7902 WESTPARK DR, C/O SUNRISE ASSISTED LIVING, MCLEAN VA 22102
Bruce Douglas director 450 SOUTH ORANGE AVENUE, 5TH FLOOR, ORLANDO FL 32801
Dennis N Folken director 450 SOUTH ORANGE AVENUE, 5TH FLOOR, ORLANDO FL 32801
Holly Greer officer: SVP, General Counsel and Secy 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Thomas Kent Sittema director P.O. BOX 4920, ORLANDO FL 32802
Stephen H Mauldin officer: President and CEO 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Ixchell Duarte officer: SVP, Chief Accounting Officer 450 S ORANGE AVE, ORLANDO FL 32801

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