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SOHO Development (WAR:SHD) Cyclically Adjusted PB Ratio : 0.14 (As of Jun. 06, 2024)


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What is SOHO Development Cyclically Adjusted PB Ratio?

As of today (2024-06-06), SOHO Development's current share price is zł0.40. SOHO Development's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł2.86. SOHO Development's Cyclically Adjusted PB Ratio for today is 0.14.

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

WAR:SHD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.21   Max: 0.4
Current: 0.14

During the past years, SOHO Development's highest Cyclically Adjusted PB Ratio was 0.40. The lowest was 0.13. And the median was 0.21.

WAR:SHD's Cyclically Adjusted PB Ratio is ranked better than
94.69% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs WAR:SHD: 0.14

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.

SOHO Development's adjusted book value per share data for the three months ended in Dec. 2023 was zł0.600. 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 zł2.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SOHO Development Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SOHO Development'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.

SOHO Development Cyclically Adjusted PB Ratio Chart

SOHO Development Annual Data
Trend Dec10 Dec11 Dec12 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.17

SOHO Development Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
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 0.21 0.20 0.27 0.27 0.16

Competitive Comparison of SOHO Development's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, SOHO Development'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.


SOHO Development's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SOHO Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SOHO Development 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.

SOHO Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.40/2.86
=0.14

* 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.

SOHO Development's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SOHO Development's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.6/147.7411*147.7411
=0.600

Current CPI (Dec. 2023) = 147.7411.

SOHO Development Quarterly Data

Book Value per Share CPI Adj_Book
201212 3.502 100.285 5.159
201303 3.567 100.529 5.242
201306 3.421 100.855 5.011
201309 3.387 100.936 4.958
201403 3.374 101.262 4.923
201406 3.267 101.180 4.770
201503 2.757 100.041 4.072
201506 2.864 100.448 4.212
201509 2.877 99.634 4.266
201512 0.000 99.471 0.000
201603 3.030 98.983 4.523
201606 3.073 99.552 4.561
201609 3.006 99.064 4.483
201612 2.970 100.366 4.372
201703 3.066 101.018 4.484
201706 3.288 101.180 4.801
201709 3.167 101.343 4.617
201712 3.025 102.564 4.357
201803 2.498 102.564 3.598
201806 2.465 103.378 3.523
201809 1.374 103.378 1.964
201812 1.504 103.785 2.141
201903 1.530 104.274 2.168
201906 1.260 105.983 1.756
201909 1.208 105.983 1.684
201912 1.154 107.123 1.592
202003 1.122 109.076 1.520
202006 1.083 109.402 1.463
202009 1.008 109.320 1.362
202012 0.953 109.565 1.285
202103 0.912 112.658 1.196
202106 0.895 113.960 1.160
202109 0.858 115.588 1.097
202112 0.804 119.088 0.997
202203 0.771 125.031 0.911
202206 0.743 131.705 0.833
202212 0.640 139.113 0.680
202303 0.608 145.950 0.615
202306 0.610 147.009 0.613
202312 0.600 147.741 0.600

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.


SOHO Development  (WAR:SHD) 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.


SOHO Development Cyclically Adjusted PB Ratio Related Terms

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


SOHO Development (WAR:SHD) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Minska 25, Budynek 1923, Warszawa, POL, 03808
SOHO Development SA is a Poland based company which operates as an investment company. The company's long-term strategy is to focus on property development based on its land bank and the sale of non-strategic assets.

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