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Brack Capital Properties NV (XTAE:BCNV-M) Cyclically Adjusted PB Ratio : 0.55 (As of Jun. 14, 2024)


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What is Brack Capital Properties NV Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Brack Capital Properties NV's current share price is ₪220.90. Brack Capital Properties NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪402.22. Brack Capital Properties NV's Cyclically Adjusted PB Ratio for today is 0.55.

The historical rank and industry rank for Brack Capital Properties NV's Cyclically Adjusted PB Ratio or its related term are showing as below:

XTAE:BCNV-M' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.89   Max: 1.12
Current: 0.55

During the past years, Brack Capital Properties NV's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.48. And the median was 0.89.

XTAE:BCNV-M's Cyclically Adjusted PB Ratio is ranked better than
57.71% of 1407 companies
in the Real Estate industry
Industry Median: 0.7 vs XTAE:BCNV-M: 0.55

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.

Brack Capital Properties NV's adjusted book value per share data for the three months ended in Mar. 2024 was ₪293.284. 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 ₪402.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brack Capital Properties NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brack Capital Properties NV'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.

Brack Capital Properties NV Cyclically Adjusted PB Ratio Chart

Brack Capital Properties NV 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 - - - 0.93 0.62

Brack Capital Properties NV 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 1.10 0.97 0.81 0.62 0.58

Competitive Comparison of Brack Capital Properties NV's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Brack Capital Properties NV'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.


Brack Capital Properties NV's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Brack Capital Properties NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brack Capital Properties NV's Cyclically Adjusted PB Ratio falls into.



Brack Capital Properties NV 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.

Brack Capital Properties NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=220.90/402.22
=0.55

* 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.

Brack Capital Properties NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Brack Capital Properties NV'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)
=293.284/128.5800*128.5800
=293.284

Current CPI (Mar. 2024) = 128.5800.

Brack Capital Properties NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 188.697 99.240 244.485
201409 204.788 99.960 263.422
201412 205.335 99.050 266.552
201503 187.941 99.750 242.260
201506 203.709 100.230 261.328
201509 210.719 100.500 269.595
201512 217.076 99.730 279.872
201603 230.149 100.310 295.011
201606 238.861 100.260 306.331
201609 248.255 100.570 317.397
201612 249.021 100.710 317.934
201703 294.244 101.440 372.968
201706 289.236 101.370 366.873
201709 328.423 102.030 413.884
201712 336.249 101.970 423.996
201803 358.794 102.470 450.217
201806 352.647 103.100 439.800
201809 358.847 103.950 443.873
201812 379.822 103.970 469.727
201903 372.711 105.370 454.809
201906 376.975 105.840 457.969
201909 368.679 106.700 444.281
201912 381.811 106.800 459.675
202003 374.046 106.850 450.115
202006 412.511 107.510 493.356
202009 448.285 107.880 534.302
202012 472.463 107.850 563.276
202103 480.034 108.870 566.940
202106 501.431 109.670 587.891
202109 495.234 110.790 574.756
202112 476.257 114.010 537.121
202203 457.543 119.460 492.473
202206 430.121 119.050 464.552
202209 370.396 126.890 375.329
202212 360.793 124.940 371.304
202303 366.307 124.720 377.644
202306 318.858 125.830 325.827
202309 311.766 127.160 315.248
202312 295.980 126.450 300.966
202403 293.284 128.580 293.284

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.


Brack Capital Properties NV  (XTAE:BCNV-M) 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.


Brack Capital Properties NV Cyclically Adjusted PB Ratio Related Terms

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


Brack Capital Properties NV (XTAE:BCNV-M) Business Description

Traded in Other Exchanges
N/A
Address
Herengracht 456, Amsterdam, NH, NLD, 1017CA
Brack Capital Properties NV is engaged in the acquisition and management of investment properties in Germany, mainly in the area of income-generating commercial and income-generating residential real estate. It is also engaged in the real estate betterment and development of residential complexes in Duesseldorf. The company has four operating segments: Income Producing Commercial Real Estate, which is into leasing property for commercial purposes; Income Producing Residential Real Estate, engaged in leasing residential real estate; Land for Betterment, engaged in land undergoing betterment, and Residential Initiation, which is engaged in inventories of apartments under construction and inventory of the real estate.

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