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Silic (XPAR:SIL) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Silic Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Silic Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Silic'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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Silic Cyclically Adjusted PB Ratio Chart

Silic Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Silic Semi-Annual Data
Dec09 Jun10 Dec10 Dec11 Jun12 Dec12 Jun13
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Competitive Comparison of Silic's Cyclically Adjusted PB Ratio

For the REIT - Office subindustry, Silic'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.


Silic's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Silic 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.

Silic's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Silic's adjusted Book Value per Share data for the fiscal year that ended in Dec12 was:

Adj_Book=Book Value per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=24.627/99.1000*99.1000
=24.627

Current CPI (Dec12) = 99.1000.

Silic Annual Data

Book Value per Share CPI Adj_Book
200312 50.729 85.230 58.984
200412 48.235 87.000 54.944
200512 46.934 88.390 52.621
200612 47.103 89.710 52.033
200712 45.892 92.030 49.418
200812 42.063 92.950 44.846
200912 39.031 93.800 41.236
201012 36.899 95.450 38.310
201112 31.744 97.800 32.166
201212 24.627 99.100 24.627

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.


Silic  (XPAR:SIL) 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.


Silic Cyclically Adjusted PB Ratio Related Terms

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Silic (XPAR:SIL) Business Description

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Silic is engaged in the development, ownership, and operation of Business Parks. The company's investment portfolio includes, Business Parks, Multi-purpose business parks, and Retail parks.