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Diversified Healthcare Trust (STU:SNF) Cyclically Adjusted PB Ratio : 0.19 (As of Jun. 10, 2024)


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What is Diversified Healthcare Trust Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Diversified Healthcare Trust's current share price is €2.608. Diversified Healthcare Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.72. Diversified Healthcare Trust's Cyclically Adjusted PB Ratio for today is 0.19.

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

STU:SNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.85   Max: 1.69
Current: 0.19

During the past years, Diversified Healthcare Trust's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 0.04. And the median was 0.85.

STU:SNF's Cyclically Adjusted PB Ratio is ranked better than
93.13% of 495 companies
in the REITs industry
Industry Median: 0.75 vs STU:SNF: 0.19

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.

Diversified Healthcare Trust's adjusted book value per share data for the three months ended in Mar. 2024 was €8.606. 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 €13.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diversified Healthcare Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Diversified Healthcare 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.

Diversified Healthcare Trust Cyclically Adjusted PB Ratio Chart

Diversified Healthcare Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.28 0.20 0.04 0.25

Diversified Healthcare Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.09 0.15 0.13 0.25 0.16

Competitive Comparison of Diversified Healthcare Trust's Cyclically Adjusted PB Ratio

For the REIT - Healthcare Facilities subindustry, Diversified Healthcare 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.


Diversified Healthcare Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Diversified Healthcare 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.

Diversified Healthcare Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.608/13.72
=0.19

* 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.

Diversified Healthcare Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Diversified Healthcare Trust's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=8.606/131.7762*131.7762
=8.606

Current CPI (Mar. 2024) = 131.7762.

Diversified Healthcare Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.943 100.560 14.340
201409 11.359 100.428 14.905
201412 11.742 99.070 15.618
201503 14.056 99.621 18.593
201506 13.385 100.684 17.518
201509 13.153 100.392 17.265
201512 12.988 99.792 17.151
201603 12.565 100.470 16.480
201606 12.313 101.688 15.956
201609 12.149 101.861 15.717
201612 12.768 101.863 16.518
201703 12.741 102.862 16.322
201706 11.842 103.349 15.099
201709 10.985 104.136 13.901
201712 11.041 104.011 13.988
201803 11.086 105.290 13.875
201806 11.812 106.317 14.641
201809 11.658 106.507 14.424
201812 11.178 105.998 13.896
201903 11.022 107.251 13.542
201906 10.752 108.070 13.111
201909 10.776 108.329 13.108
201912 10.353 108.420 12.583
202003 10.085 108.902 12.203
202006 9.788 108.767 11.859
202009 8.958 109.815 10.749
202012 8.610 109.897 10.324
202103 8.553 111.754 10.085
202106 8.322 114.631 9.567
202109 8.176 115.734 9.309
202112 9.859 117.630 11.045
202203 11.021 121.301 11.973
202206 11.036 125.017 11.633
202209 11.402 125.227 11.998
202212 10.392 125.222 10.936
202303 10.069 127.348 10.419
202306 9.659 128.729 9.888
202309 9.514 129.860 9.654
202312 8.913 129.419 9.075
202403 8.606 131.776 8.606

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.


Diversified Healthcare Trust  (STU:SNF) 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.


Diversified Healthcare Trust Cyclically Adjusted PB Ratio Related Terms

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


Diversified Healthcare Trust (STU:SNF) Business Description

Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
Diversified Healthcare Trust is a real estate investment trust that focuses on healthcare-related properties, including life science estates, medical offices, and senior living communities. It acquires and owns properties and is engaged in the development and implementation of medical services and technologies. It operates through two segments: its office portfolio and its senior housing operating portfolio. The office portfolio includes medical office properties leased to medical-related businesses and life sciences properties. The SHOP segment runs communities that offer multiple types of residential care, ranging from independent living to nursing services. DHT operates across the United States and the majority of its revenue derives from rents and medical programs.

Diversified Healthcare Trust (STU:SNF) Headlines

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