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Alaris Equity Partnersome Trust (FRA:5UK) Cyclically Adjusted Book per Share : €13.53 (As of Mar. 2024)


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What is Alaris Equity Partnersome 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.

Alaris Equity Partnersome Trust's adjusted book value per share for the three months ended in Mar. 2024 was €14.721. 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 €13.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alaris Equity Partnersome Trust's average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Alaris Equity Partnersome Trust was 8.20% per year. The lowest was 5.00% per year. And the median was 6.30% per year.

As of today (2024-06-08), Alaris Equity Partnersome Trust's current stock price is €10.464. Alaris Equity Partnersome Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.53. Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alaris Equity Partnersome Trust was 2.48. The lowest was 0.46. And the median was 1.05.


Alaris Equity Partnersome Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alaris Equity Partnersome 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.

Alaris Equity Partnersome Trust Cyclically Adjusted Book per Share Chart

Alaris Equity Partnersome Trust 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 11.32 9.06 12.52 13.21 13.63

Alaris Equity Partnersome Trust 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 12.94 13.61 14.24 13.63 13.53

Competitive Comparison of Alaris Equity Partnersome Trust's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Alaris Equity Partnersome 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.


Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio falls into.



Alaris Equity Partnersome 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, Alaris Equity Partnersome Trust'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)
=14.721/126.2576*126.2576
=14.721

Current CPI (Mar. 2024) = 126.2576.

Alaris Equity Partnersome Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.936 99.473 13.881
201409 11.473 99.394 14.574
201412 11.614 98.367 14.907
201503 12.426 99.789 15.722
201506 12.181 100.500 15.303
201509 12.348 100.421 15.525
201512 12.485 99.947 15.772
201603 12.280 101.054 15.343
201606 12.341 102.002 15.276
201609 12.064 101.765 14.968
201612 12.805 101.449 15.936
201703 12.461 102.634 15.329
201706 11.847 103.029 14.518
201709 11.254 103.345 13.749
201712 10.966 103.345 13.397
201803 10.222 105.004 12.291
201806 10.981 105.557 13.134
201809 11.042 105.636 13.198
201812 11.398 105.399 13.654
201903 11.330 106.979 13.372
201906 11.475 107.690 13.453
201909 12.024 107.611 14.107
201912 11.253 107.769 13.184
202003 10.229 107.927 11.966
202006 10.114 108.401 11.780
202009 10.027 108.164 11.704
202012 9.956 108.559 11.579
202103 10.402 110.298 11.907
202106 10.687 111.720 12.078
202109 11.208 112.905 12.534
202112 12.080 113.774 13.405
202203 12.524 117.646 13.441
202206 13.577 120.806 14.190
202209 14.817 120.648 15.506
202212 13.785 120.964 14.388
202303 13.391 122.702 13.779
202306 13.593 124.203 13.818
202309 14.474 125.230 14.593
202312 14.434 125.072 14.571
202403 14.721 126.258 14.721

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


Alaris Equity Partnersome Trust  (FRA:5UK) 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.

Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.464/13.53
=0.77

* 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 Alaris Equity Partnersome Trust was 2.48. The lowest was 0.46. And the median was 1.05.


Be Aware

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


Alaris Equity Partnersome Trust Cyclically Adjusted Book per Share Related Terms

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


Alaris Equity Partnersome Trust (FRA:5UK) Business Description

Traded in Other Exchanges
Address
250, 333 - 24th Avenue South West, Calgary, AB, CAN, T2S 3E6
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner's common equity position.

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