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CT UK Highome Trust (LSE:CHIU) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is CT UK Highome Trust 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


CT UK Highome Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CT UK Highome 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.

CT UK Highome Trust Cyclically Adjusted PB Ratio Chart

CT UK Highome Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.84 0.79 0.70 0.72

CT UK Highome Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.79 - 0.70 - 0.72

Competitive Comparison of CT UK Highome Trust's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, CT UK Highome 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.


CT UK Highome Trust's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CT UK Highome Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CT UK Highome Trust's Cyclically Adjusted PB Ratio falls into.



CT UK Highome 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.

CT UK Highome Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, CT UK Highome Trust's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.931/131.6000*131.6000
=0.931

Current CPI (Mar24) = 131.6000.

CT UK Highome Trust Annual Data

Book Value per Share CPI Adj_Book
201503 1.037 99.600 1.370
201603 0.964 100.400 1.264
201703 1.112 102.700 1.425
201803 1.037 105.100 1.298
201903 1.024 107.000 1.259
202003 0.767 108.600 0.929
202103 0.992 109.700 1.190
202203 0.960 116.500 1.084
202303 0.900 126.800 0.934
202403 0.931 131.600 0.931

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.


CT UK Highome Trust  (LSE:CHIU) 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.


CT UK Highome Trust Cyclically Adjusted PB Ratio Related Terms

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CT UK Highome Trust (LSE:CHIU) Business Description

Traded in Other Exchanges
Address
Quartermile 4, 6th Floor, 7a Nightingale Way, Edinburgh, GBR, EH3 9EG
CT UK High Income Trust PLC is a closed-end listed investment company, which carries on business as an investment trust. Its investment objective is to provide an attractive return to shareholders each year in the form of dividends and/or capital repayments, together with prospects for capital growth. The company invests predominantly in UK equities and equity-related securities of companies across the market capitalization spectrum. The company's portfolio includes the following sectors: Consumer Discretionary, Financials, Consumer Staples, Basic Materials, Health Care, and Others.

CT UK Highome Trust (LSE:CHIU) Headlines