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Gadsden Properties (FRA:LA9N) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Gadsden Properties Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gadsden Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gadsden Properties'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.

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Gadsden Properties Cyclically Adjusted PB Ratio Chart

Gadsden Properties Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Gadsden Properties Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Gadsden Properties's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Gadsden 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.


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

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

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



Gadsden Properties 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.

Gadsden Properties's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, Gadsden Properties's adjusted Book Value per Share data for the three months ended in Jun. 2019 was:

Adj_Book=Book Value per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=6.055/108.0695*108.0695
=6.055

Current CPI (Jun. 2019) = 108.0695.

Gadsden Properties Quarterly Data

Book Value per Share CPI Adj_Book
200909 8.617 91.120 10.220
200912 35.127 91.111 41.665
201003 32.857 91.821 38.671
201006 31.728 91.962 37.285
201009 27.180 92.162 31.871
201012 24.828 92.474 29.015
201103 18.915 94.283 21.681
201106 13.728 95.235 15.578
201109 11.408 95.727 12.879
201112 22.355 95.213 25.373
201203 23.849 96.783 26.630
201206 29.502 96.819 32.930
201209 29.892 97.633 33.087
201212 30.294 96.871 33.796
201303 31.916 98.209 35.120
201306 32.384 98.518 35.524
201309 31.508 98.790 34.468
201312 30.964 98.326 34.032
201403 30.907 99.695 33.503
201406 29.970 100.560 32.208
201409 28.496 100.428 30.664
201412 8.411 99.070 9.175
201503 7.177 99.621 7.786
201506 8.839 100.684 9.487
201509 7.760 100.392 8.353
201512 2.650 99.792 2.870
201603 1.674 100.470 1.801
201606 1.135 101.688 1.206
201609 -0.284 101.861 -0.301
201612 -0.306 101.863 -0.325
201703 0.143 102.862 0.150
201706 1.337 103.349 1.398
201709 0.806 104.136 0.836
201712 -0.258 104.011 -0.268
201803 -0.497 105.290 -0.510
201806 -0.176 106.317 -0.179
201809 0.056 106.507 0.057
201812 -0.019 105.998 -0.019
201903 -0.101 107.251 -0.102
201906 6.055 108.070 6.055

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.


Gadsden Properties  (FRA:LA9N) 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.


Gadsden Properties Cyclically Adjusted PB Ratio Related Terms

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Gadsden Properties (FRA:LA9N) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15150 North Hayden Road, Suite 235, Scottsdale, AZ, USA, 85260
Gadsden Properties Inc is the United States-based real estate investment trust company. It is focused on real estate development and asset management, concentrating on investments in, and the management and development of, income-producing real estate assets. It intends to target assets in secondary and tertiary markets with assets that require minimal capital expenditures. The company is focused on retail and mixed-use properties in secondary and tertiary markets across the United States.

Gadsden Properties (FRA:LA9N) Headlines

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