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Gateway Real Estate AG (XTER:GTY) Cyclically Adjusted PB Ratio : 0.24 (As of Jun. 10, 2024)


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What is Gateway Real Estate AG Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Gateway Real Estate AG's current share price is €0.482. Gateway Real Estate AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was €2.03. Gateway Real Estate AG's Cyclically Adjusted PB Ratio for today is 0.24.

The historical rank and industry rank for Gateway Real Estate AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

XTER:GTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 2.43   Max: 3.79
Current: 0.22

During the past 13 years, Gateway Real Estate AG's highest Cyclically Adjusted PB Ratio was 3.79. The lowest was 0.22. And the median was 2.43.

XTER:GTY's Cyclically Adjusted PB Ratio is ranked better than
81.53% of 1397 companies
in the Real Estate industry
Industry Median: 0.7 vs XTER:GTY: 0.22

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.

Gateway Real Estate AG's adjusted book value per share data of for the fiscal year that ended in Dec22 was €1.986. 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 €2.03 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gateway Real Estate AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gateway Real Estate AG'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.

Gateway Real Estate AG Cyclically Adjusted PB Ratio Chart

Gateway Real Estate AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 2.95 2.03 2.30 2.00

Gateway Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 2.00 - - -

Competitive Comparison of Gateway Real Estate AG's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Gateway Real Estate AG'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.


Gateway Real Estate AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Gateway Real Estate AG's Cyclically Adjusted PB Ratio falls into.



Gateway Real Estate AG 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.

Gateway Real Estate AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.482/2.03
=0.24

* 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.

Gateway Real Estate AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Gateway Real Estate AG's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=1.986/119.3449*119.3449
=1.986

Current CPI (Dec22) = 119.3449.

Gateway Real Estate AG Annual Data

Book Value per Share CPI Adj_Book
201312 1.013 99.356 1.217
201412 0.543 99.543 0.651
201512 0.475 99.717 0.568
201612 0.494 101.217 0.582
201712 0.774 102.617 0.900
201812 6.742 104.217 7.721
201912 1.717 105.818 1.936
202012 1.901 105.518 2.150
202112 2.161 110.384 2.336
202212 1.986 119.345 1.986

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.


Gateway Real Estate AG  (XTER:GTY) 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.


Gateway Real Estate AG Cyclically Adjusted PB Ratio Related Terms

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


Gateway Real Estate AG (XTER:GTY) Business Description

Traded in Other Exchanges
Address
Hardenbergstr. 28a, Berlin, BB, DEU, 10623
Gateway Real Estate AG is a developer of commercial and residential real estate properties in Germany. The company's operating segment includes Standing Assets; Commercial Properties Development; and Residential Properties Development. Its property portfolio consists of Commercial and Residential Properties, Offices, Hotels, Shopping Centers, Office Refurbishments, and Parking Spaces. Geographically, the company conducts all its business activities in Germany.

Gateway Real Estate AG (XTER:GTY) Headlines

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