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Pope Resources LP (Pope Resources LP) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Pope Resources LP Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pope Resources LP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pope Resources LP'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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Pope Resources LP Cyclically Adjusted PB Ratio Chart

Pope Resources LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Pope Resources LP Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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Competitive Comparison of Pope Resources LP's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Pope Resources LP'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.


Pope Resources LP's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Pope Resources LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pope Resources LP's Cyclically Adjusted PB Ratio falls into.



Pope Resources LP 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.

Pope Resources LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2020 is calculated as:

For example, Pope Resources LP's adjusted Book Value per Share data for the three months ended in Mar. 2020 was:

Adj_Book=Book Value per Share/CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=8.126/108.9015*108.9015
=8.126

Current CPI (Mar. 2020) = 108.9015.

Pope Resources LP Quarterly Data

Book Value per Share CPI Adj_Book
201006 18.298 91.962 21.669
201009 18.259 92.162 21.575
201012 16.890 92.474 19.890
201103 17.362 94.283 20.054
201106 17.959 95.235 20.536
201109 17.497 95.727 19.905
201112 17.746 95.213 20.297
201203 17.606 96.783 19.811
201206 14.995 96.819 16.866
201209 15.410 97.633 17.189
201212 14.939 96.871 16.794
201303 15.321 98.209 16.989
201306 15.837 98.518 17.506
201309 15.321 98.790 16.889
201312 16.105 98.326 17.837
201403 17.853 99.695 19.502
201406 17.706 100.560 19.175
201409 16.555 100.428 17.952
201412 15.203 99.070 16.712
201503 16.471 99.621 18.005
201506 15.923 100.684 17.223
201509 15.386 100.392 16.690
201512 15.224 99.792 16.614
201603 14.164 100.470 15.353
201606 13.709 101.688 14.681
201609 13.491 101.861 14.423
201612 13.897 101.863 14.857
201703 14.051 102.862 14.876
201706 13.400 103.349 14.120
201709 12.996 104.136 13.591
201712 15.184 104.011 15.898
201803 15.814 105.290 16.357
201806 15.136 106.317 15.504
201809 14.934 106.507 15.270
201812 13.514 105.998 13.884
201903 13.313 107.251 13.518
201906 12.757 108.070 12.855
201909 11.606 108.329 11.667
201912 10.043 108.420 10.088
202003 8.126 108.902 8.126

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.


Pope Resources LP  (NAS:POPE) 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.


Pope Resources LP Cyclically Adjusted PB Ratio Related Terms

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


Pope Resources LP (Pope Resources LP) Business Description

Traded in Other Exchanges
N/A
Address
19950 Seventh Avenue NE, Suite 200, Poulsbo, WA, USA, 98370
Pope Resources LP is a United States based company engaged in four business segments: Partnership Timber, Funds Timber, Timberland Investment Management, and Real Estate. Its Partnership Timber and Funds Timber operations, which are the maximum revenue generating segments include growing, managing, harvesting, and marketing timber from land that it owns or co-owns with its timber fund investors. Timberland Investment Management segment engages in organizing and managing private equity timber funds. Its Real Estate division focuses on a portfolio of land in the west Puget Sound region of Washington, and it also owns and manages the historic town of Port Gamble, Washington.
Executives
Sandy D Mcdade director WEYERHAEUSER CO, PO BOX 9777, FEDERAL WAY WA 98063-9777
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
James H Dahl 10 percent owner 1200 RIVERPLACE BLVD SUITE 902, 1200 RIVERPLACE BLVD SUITE 902, JACKSONVILLE FL 32207
David L Nunes director, officer: President & CEO 1 RAYONIER WAY, WILDLIGHT FL 32097

Pope Resources LP (Pope Resources LP) Headlines

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By PRNewswire PRNewswire 04-02-2018