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Airport City (Airport City) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 09, 2024)


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What is Airport City Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Airport City's current share price is $14.44. Airport City's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.05. Airport City's Cyclically Adjusted PB Ratio for today is 0.72.

The historical rank and industry rank for Airport City's Cyclically Adjusted PB Ratio or its related term are showing as below:

ARPTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 0.98   Max: 1.07
Current: 0.82

During the past years, Airport City's highest Cyclically Adjusted PB Ratio was 1.07. The lowest was 0.82. And the median was 0.98.

ARPTF's Cyclically Adjusted PB Ratio is ranked worse than
55% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs ARPTF: 0.82

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.

Airport City's adjusted book value per share data for the three months ended in Mar. 2024 was $21.759. 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 $20.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airport City Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Airport City's Cyclically Adjusted PB Ratio 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.

Airport City Cyclically Adjusted PB Ratio Chart

Airport City Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.03

Airport City Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 - 0.85 1.00 1.03 0.96

Competitive Comparison of Airport City's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Airport City'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.


Airport City's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Airport City Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Airport City's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.44/20.05
=0.72

* 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.

Airport City's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Airport City'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)
=21.759/131.7762*131.7762
=21.759

Current CPI (Mar. 2024) = 131.7762.

Airport City Quarterly Data

Book Value per Share CPI Adj_Book
200712 3.077 88.616 4.576
201112 0.000 95.213 0.000
201212 6.395 96.871 8.699
201312 7.172 98.326 9.612
201412 8.259 99.070 10.986
201503 0.000 99.621 0.000
201512 9.201 99.792 12.150
201603 10.235 100.470 13.424
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 9.958 101.863 12.882
201703 10.129 102.862 12.976
201706 10.442 103.349 13.314
201709 11.220 104.136 14.198
201712 11.680 104.011 14.798
201803 12.247 105.290 15.328
201806 12.435 106.317 15.413
201809 12.790 106.507 15.825
201812 13.270 105.998 16.497
201903 13.404 107.251 16.469
201906 13.515 108.070 16.480
201909 13.720 108.329 16.690
201912 15.352 108.420 18.659
202003 15.382 108.902 18.613
202006 15.498 108.767 18.776
202009 15.908 109.815 19.089
202012 15.963 109.897 19.141
202103 16.362 111.754 19.293
202106 16.546 114.631 19.021
202109 17.676 115.734 20.126
202112 18.836 117.630 21.101
202203 20.516 121.301 22.288
202206 20.769 125.017 21.892
202209 20.107 125.227 21.159
202212 20.233 125.222 21.292
202303 20.443 127.348 21.154
202306 20.612 128.729 21.100
202309 20.897 129.860 21.205
202312 20.889 129.419 21.269
202403 21.759 131.776 21.759

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


Airport City  (OTCPK:ARPTF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Airport City Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Airport City's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Airport City (Airport City) Business Description

Traded in Other Exchanges
Address
Israel's Business Capital, P.O.Box 66, Ben-Gurion Airport, Tel Aviv, ISR, 70151
Airport City Ltd is an Israel-based company engaged in the real estate sector. The company is engaged in initiating, planning, developing, acquiring, managing, improving and realizing investments in the area of real estate in Israel and abroad.

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