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NexLiving Communities (TSXV:NXLV) Cyclically Adjusted Book per Share : C$2.03 (As of Mar. 2024)


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What is NexLiving Communities 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.

NexLiving Communities's adjusted book value per share for the three months ended in Mar. 2024 was C$4.590. 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 C$2.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NexLiving Communities's average Cyclically Adjusted Book Growth Rate was -33.00% 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.

As of today (2024-06-02), NexLiving Communities's current stock price is C$1.76. NexLiving Communities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$2.03. NexLiving Communities's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of NexLiving Communities was 1.37. The lowest was 0.54. And the median was 0.84.


NexLiving Communities Cyclically Adjusted Book per Share Historical Data

The historical data trend for NexLiving Communities'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.

NexLiving Communities Cyclically Adjusted Book per Share Chart

NexLiving Communities Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.25 3.03

NexLiving Communities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.03 2.47 1.90 1.96 2.03

Competitive Comparison of NexLiving Communities's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, NexLiving Communities'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.


NexLiving Communities's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, NexLiving Communities's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NexLiving Communities's Cyclically Adjusted PB Ratio falls into.



NexLiving Communities 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, NexLiving Communities'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)
=4.59/126.2576*126.2576
=4.590

Current CPI (Mar. 2024) = 126.2576.

NexLiving Communities Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.659 98.604 2.124
201406 1.415 99.473 1.796
201409 1.350 99.394 1.715
201412 1.089 98.367 1.398
201503 1.028 99.789 1.301
201506 0.962 100.500 1.209
201509 1.028 100.421 1.292
201512 -0.388 99.947 -0.490
201603 -0.405 101.054 -0.506
201606 -0.492 102.002 -0.609
201609 0.118 101.765 0.146
201612 -0.173 101.449 -0.215
201703 -0.400 102.634 -0.492
201706 -0.509 103.029 -0.624
201709 -0.519 103.345 -0.634
201712 -0.690 103.345 -0.843
201803 -0.850 105.004 -1.022
201806 -0.868 105.557 -1.038
201809 1.268 105.636 1.516
201812 1.037 105.399 1.242
201903 0.876 106.979 1.034
201906 1.787 107.690 2.095
201909 1.926 107.611 2.260
201912 1.993 107.769 2.335
202003 2.402 107.927 2.810
202006 2.586 108.401 3.012
202009 2.757 108.164 3.218
202012 3.566 108.559 4.147
202103 2.900 110.298 3.320
202106 2.886 111.720 3.262
202109 2.818 112.905 3.151
202112 4.319 113.774 4.793
202203 4.374 117.646 4.694
202206 4.435 120.806 4.635
202209 4.636 120.648 4.852
202212 4.767 120.964 4.976
202303 4.831 122.702 4.971
202306 4.897 124.203 4.978
202309 4.699 125.230 4.738
202403 4.590 126.258 4.590

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


NexLiving Communities  (TSXV:NXLV) 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.

NexLiving Communities's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.76/2.03
=0.87

* 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 12 years, the highest Cyclically Adjusted PB Ratio of NexLiving Communities was 1.37. The lowest was 0.54. And the median was 0.84.


Be Aware

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


NexLiving Communities Cyclically Adjusted Book per Share Related Terms

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


NexLiving Communities (TSXV:NXLV) Business Description

Industry
Traded in Other Exchanges
Address
45 Alderney Drive, Suite 1805, Dartmouth, NS, CAN, B2Y 2N6
NexLiving Communities Inc is a real estate company engaged in the ownership and management of a multi-unit residential real estate with a focus on low and mid-rise properties in bedroom communities in Eastern Canada. It generates revenue through rental income.
Executives
Stavro Stathonikos Senior Officer

NexLiving Communities (TSXV:NXLV) Headlines

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