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CorEnergy Infrastructure Trust (CorEnergy Infrastructure Trust) Cyclically Adjusted PB Ratio : 0.00 (As of May. 05, 2024)


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What is CorEnergy Infrastructure Trust Cyclically Adjusted PB Ratio?

As of today (2024-05-05), CorEnergy Infrastructure Trust's current share price is $0.013. CorEnergy Infrastructure Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $24.28. CorEnergy Infrastructure Trust's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past years, CorEnergy Infrastructure Trust's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.01. And the median was 0.33.

CORRQ's Cyclically Adjusted PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.77
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

CorEnergy Infrastructure Trust's adjusted book value per share data for the three months ended in Sep. 2023 was $-1.231. 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 $24.28 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CorEnergy Infrastructure Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CorEnergy Infrastructure Trust'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.

CorEnergy Infrastructure Trust Cyclically Adjusted PB Ratio Chart

CorEnergy Infrastructure Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.11 0.19 0.10 0.08

CorEnergy Infrastructure Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.06 0.08 0.05 0.04 0.03

Competitive Comparison of CorEnergy Infrastructure Trust's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, CorEnergy Infrastructure 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.


CorEnergy Infrastructure Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CorEnergy Infrastructure Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CorEnergy Infrastructure Trust's Cyclically Adjusted PB Ratio falls into.



CorEnergy Infrastructure Trust 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.

CorEnergy Infrastructure Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.013/24.28
=0.00

* 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.

CorEnergy Infrastructure Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, CorEnergy Infrastructure Trust's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-1.231/129.8595*129.8595
=-1.231

Current CPI (Sep. 2023) = 129.8595.

CorEnergy Infrastructure Trust Quarterly Data

Book Value per Share CPI Adj_Book
201312 36.677 98.326 48.439
201403 35.065 99.695 45.675
201406 34.853 100.560 45.008
201409 34.536 100.428 44.657
201412 33.306 99.070 43.657
201503 32.847 99.621 42.817
201506 31.568 100.684 40.716
201509 30.822 100.392 39.869
201512 30.301 99.792 39.431
201603 29.714 100.470 38.406
201606 29.677 101.688 37.899
201609 29.618 101.861 37.759
201612 29.464 101.863 37.562
201703 29.276 102.862 36.960
201706 28.869 103.349 36.274
201709 28.691 104.136 35.778
201712 27.844 104.011 34.764
201803 27.340 105.290 33.720
201806 27.052 106.317 33.042
201809 26.759 106.507 32.626
201812 27.546 105.998 33.747
201903 27.380 107.251 33.152
201906 27.224 108.070 32.713
201909 25.894 108.329 31.040
201912 25.753 108.420 30.845
202003 12.975 108.902 15.472
202006 2.689 108.767 3.210
202009 2.182 109.815 2.580
202012 1.768 109.897 2.089
202103 0.647 111.754 0.752
202106 0.467 114.631 0.529
202109 1.116 115.734 1.252
202112 1.110 117.630 1.225
202203 0.674 121.301 0.722
202206 0.569 125.017 0.591
202209 -0.627 125.227 -0.650
202212 -0.424 125.222 -0.440
202303 -0.679 127.348 -0.692
202306 -0.919 128.729 -0.927
202309 -1.231 129.860 -1.231

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.


CorEnergy Infrastructure Trust  (OTCPK:CORRQ) 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.


CorEnergy Infrastructure Trust Cyclically Adjusted PB Ratio Related Terms

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


CorEnergy Infrastructure Trust (CorEnergy Infrastructure Trust) Business Description

Traded in Other Exchanges
Address
1100 Walnut, Suite 3350, Kansas, MO, USA, 64106
CorEnergy Infrastructure Trust Inc is primarily focused on acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector. The company also provides other types of capital, including loans secured by energy infrastructure assets. It owns assets, such as pipelines, storage terminals, and transmission and distribution assets. Its assets include Crimson Midstream Holding, MoGas Pipeline System, and Omega Pipeline. The majority of the revenue is generated from the lease received.
Executives
Christopher M. Huffman officer: Chief Accounting Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64119
Robert L Waldron officer: President and CFO 1100 WALNUT, SUITE 3350, KANSAS MO 64106
John D Grier director, officer: Chief Operating Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Richard C. Kreul officer: President - Mowood and MoGas 1100 WALNUT STREET, KANSAS CITY MO 64106
Arkan Haile director 1100 WALNUT STREET, KANSAS CITY MO 64106
Catherine A. Lewis director 325 NE NORTHGATE CROSSING, LEE'S SUMMIT MO 64064
Todd E. Banks director 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
David J Schulte officer: President and CEO 233 WEST 47TH ST., KANSAS CITY MO 64112
Larry W Alexander officer: President of Crimson Midstream 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Jeffrey E. Fulmer officer: Executive Vice President 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Rebecca M Sandring officer: Treasurer 4200 W. 115TH STREET, LEAWOOD KS 66211
Kristin M Leitze officer: Chief Accounting Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Nate Poundstone officer: Chief Accounting Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Richard C Green director 4200 W 115TH STREET, SUITE 210, LEAWOOD KS 66211

CorEnergy Infrastructure Trust (CorEnergy Infrastructure Trust) Headlines