GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » RIPAG Aktiengesellschaft (HAM:QOU) » Definitions » Cyclically Adjusted PB Ratio

RIPAG Aktiengesellschaft (HAM:QOU) Cyclically Adjusted PB Ratio : (As of May. 29, 2024)


View and export this data going back to 2012. Start your Free Trial

What is RIPAG Aktiengesellschaft Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RIPAG Aktiengesellschaft Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RIPAG Aktiengesellschaft'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.

RIPAG Aktiengesellschaft Cyclically Adjusted PB Ratio Chart

RIPAG Aktiengesellschaft Annual Data
Trend Dec07 Dec08 Dec09 Dec11 Dec12 Dec13 Dec14 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

RIPAG Aktiengesellschaft Semi-Annual Data
Dec07 Dec08 Dec09 Dec11 Dec12 Dec13 Dec14 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of RIPAG Aktiengesellschaft's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, RIPAG Aktiengesellschaft'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.


RIPAG Aktiengesellschaft's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



RIPAG Aktiengesellschaft 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.

RIPAG Aktiengesellschaft's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec18 is calculated as:

For example, RIPAG Aktiengesellschaft's adjusted Book Value per Share data for the fiscal year that ended in Dec18 was:

Adj_Book=Book Value per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=0.781/104.2174*104.2174
=0.781

Current CPI (Dec18) = 104.2174.

RIPAG Aktiengesellschaft Annual Data

Book Value per Share CPI Adj_Book
200712 0.769 91.146 0.879
200812 1.268 92.173 1.434
200912 1.242 92.919 1.393
201112 1.122 95.998 1.218
201212 1.051 97.957 1.118
201312 1.037 99.356 1.088
201412 1.034 99.543 1.083
201612 0.946 101.217 0.974
201712 0.860 102.617 0.873
201812 0.781 104.217 0.781

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.


RIPAG Aktiengesellschaft  (HAM:QOU) 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.


RIPAG Aktiengesellschaft Cyclically Adjusted PB Ratio Related Terms

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


RIPAG Aktiengesellschaft (HAM:QOU) Business Description

Traded in Other Exchanges
N/A
Address
Martin Luther Strasse 33, Remscheid, DEU, 42853
RIPAG Aktiengesellschaft, formerly Ruecker Immobilien Portfolio AG is a small-cap housing real estate portfolio manager based in North Rhine Westphalia.

RIPAG Aktiengesellschaft (HAM:QOU) Headlines

No Headlines