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Alexander & Baldwin (Alexander & Baldwin) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Alexander & Baldwin Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alexander & Baldwin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alexander & Baldwin'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.

Alexander & Baldwin Cyclically Adjusted PB Ratio Chart

Alexander & Baldwin 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 - 0.75 1.08 0.79 0.83

Alexander & Baldwin 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 0.80 0.79 0.71 0.83 -

Competitive Comparison of Alexander & Baldwin's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Alexander & Baldwin'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.


Alexander & Baldwin's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Alexander & Baldwin 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.

Alexander & Baldwin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alexander & Baldwin'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)
=13.849/129.4194*129.4194
=13.849

Current CPI (Mar. 2024) = 129.4194.

Alexander & Baldwin Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.796 100.560 31.912
201409 24.996 100.428 32.212
201412 24.670 99.070 32.228
201503 25.126 99.621 32.642
201506 25.315 100.684 32.540
201509 25.416 100.392 32.765
201512 25.022 99.792 32.451
201603 24.831 100.470 31.986
201606 24.764 101.688 31.517
201609 24.706 101.861 31.390
201612 24.680 101.863 31.357
201703 24.632 102.862 30.992
201706 24.682 103.349 30.908
201709 24.786 104.136 30.804
201712 13.112 104.011 16.315
201803 18.354 105.290 22.560
201806 18.403 106.317 22.402
201809 18.650 106.507 22.662
201812 16.703 105.998 20.394
201903 16.637 107.251 20.076
201906 16.443 108.070 19.691
201909 15.566 108.329 18.596
201912 15.562 108.420 18.576
202003 15.321 108.902 18.208
202006 15.268 108.767 18.167
202009 15.344 109.815 18.083
202012 15.140 109.897 17.830
202103 15.176 111.754 17.575
202106 15.199 114.631 17.160
202109 15.074 115.734 16.856
202112 14.712 117.630 16.187
202203 14.727 121.301 15.713
202206 15.622 125.017 16.172
202209 15.538 125.227 16.058
202212 14.286 125.222 14.765
202303 14.051 127.348 14.280
202306 14.096 128.729 14.172
202309 14.183 129.860 14.135
202312 13.845 129.419 13.845
202403 13.849 129.419 13.849

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.


Alexander & Baldwin  (NYSE:ALEX) 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.


Alexander & Baldwin Cyclically Adjusted PB Ratio Related Terms

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Alexander & Baldwin (Alexander & Baldwin) Business Description

Traded in Other Exchanges
Address
822 Bishop Street, Post Office Box 3440, Honolulu, HI, USA, 96801
Alexander & Baldwin Inc operates in the real estate sector. It functions through two segments namely Commercial Real Estate and Land Operations The Commercial Real Estate segment owns and manages retail, industrial and office properties in Hawaii, thereby accounting for majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.
Executives
Kimura Shelee M.t. director C/O P.O. BOX 730, HONOLULU HI 96808
Jeffrey W Pauker officer: EVP, Chief Investment Officer 822 BISHOP STREET, HONOLULU HI 96813
Anthony J Tommasino officer: Principal accounting officer 822 BISHOP STREET, HONOLULU HI 96813
Derek T Kanehira officer: Senior Vice President 822 BISHOP STREET, HONOLULU HI 96813
Scott G Morita officer: Vice President & Corp Counsel 822 BISHOP STREET, HONOLULU HI 96813
Jerrod M Schreck officer: Exec VP; President of subsid. 822 BISHOP STREET, HONOLULU HI 96813
Chun Nelson N S director, officer: Sr. Vice Pres. & CLO 822 BISHOP STREET, HONOLULU HI 96813
John T Leong director 822 BISHOP STREET, HONOLULU HI 96813
Douglas M Pasquale director 245 FICHER AVE STE D-1, COSTA MESA CA 92626
Christopher J Benjamin officer: President of affiliate 822 BISHOP STREET, HONOLULU HI 96813
Robert S Harrison director 999 BISHOP STREET, HONOLULU HI 96813
Brett A Brown officer: CFO and Exec. Vice President C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Stanley M Kuriyama director, officer: Pres. & CEO 822 BISHOP ST., HONOLULU HI 96813
Doane W Allen Jr director 822 BISHOP ST., HONOLULU HI 96813
Diana Laing officer: Executive Vice President THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401