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Kimco Realty (Kimco Realty) Cyclically Adjusted PB Ratio : 1.19 (As of Apr. 28, 2024)


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What is Kimco Realty Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Kimco Realty's current share price is $18.38. Kimco Realty's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.48. Kimco Realty's Cyclically Adjusted PB Ratio for today is 1.19.

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

KIM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.51   Max: 2.38
Current: 1.19

During the past years, Kimco Realty's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 0.59. And the median was 1.51.

KIM's Cyclically Adjusted PB Ratio is ranked worse than
68.62% of 494 companies
in the REITs industry
Industry Median: 0.775 vs KIM: 1.19

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.

Kimco Realty's adjusted book value per share data for the three months ended in Dec. 2023 was $15.367. 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 $15.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimco Realty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kimco Realty'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.

Kimco Realty Cyclically Adjusted PB Ratio Chart

Kimco Realty 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 1.58 1.15 1.76 1.42 1.38

Kimco Realty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.42 1.29 1.28 1.13 1.38

Competitive Comparison of Kimco Realty's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Kimco Realty'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.


Kimco Realty's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Kimco Realty 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.

Kimco Realty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.38/15.48
=1.19

* 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.

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

For example, Kimco Realty'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)
=15.367/129.4194*129.4194
=15.367

Current CPI (Dec. 2023) = 129.4194.

Kimco Realty Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.247 99.695 14.600
201406 11.256 100.560 14.486
201409 11.456 100.428 14.763
201412 11.594 99.070 15.146
201503 12.147 99.621 15.780
201506 12.039 100.684 15.475
201509 11.925 100.392 15.373
201512 12.206 99.792 15.830
201603 12.390 100.470 15.960
201606 12.653 101.688 16.104
201609 12.474 101.861 15.849
201612 12.366 101.863 15.711
201703 12.243 102.862 15.404
201706 12.290 103.349 15.390
201709 12.248 104.136 15.222
201712 12.673 104.011 15.769
201803 12.767 105.290 15.693
201806 12.841 106.317 15.631
201809 12.763 106.507 15.509
201812 12.658 105.998 15.455
201903 12.605 107.251 15.210
201906 12.542 108.070 15.020
201909 11.609 108.329 13.869
201912 11.266 108.420 13.448
202003 11.120 108.902 13.215
202006 12.847 108.767 15.286
202009 12.659 109.815 14.919
202012 12.966 109.897 15.269
202103 13.066 111.754 15.131
202106 13.165 114.631 14.863
202109 16.084 115.734 17.986
202112 16.053 117.630 17.662
202203 16.199 121.301 17.283
202206 15.815 125.017 16.372
202209 15.689 125.227 16.214
202212 15.385 125.222 15.901
202303 15.572 127.348 15.825
202306 15.524 128.729 15.607
202309 15.471 129.860 15.419
202312 15.367 129.419 15.367

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.


Kimco Realty  (NYSE:KIM) 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.


Kimco Realty Cyclically Adjusted PB Ratio Related Terms

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


Kimco Realty (Kimco Realty) Business Description

Industry
Address
500 North Broadway, Suite 201, Jericho, NY, USA, 11753
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.
Executives
Frank Lourenso director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Glenn Gary Cohen officer: V.P. - Treasurer 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Paul Westbrook officer: VP - Chief Accounting Officer C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Richard B Saltzman director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
David Jamieson officer: Chief Operating Officer C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Henry Moniz director C/O KIMCO REALTY CORPORATION, 500 NORTH BROADWAY, SUITE 201, JERICHO NY 11753
Coviello Philip E Jr director GETTY REALTY CORP, 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Joe Grills director MERRILL LYNCH ASSET MANAGEMENT, 800 SCUDDER MILL ROAD, PLAINSBORO NJ 08536
Valerie Richardson director C/O KIMCO REALTY CORP., 333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Milton Cooper director, officer: Chairman & CEO C/O KIMCO REALTY CORP, 3333 NEW HYDE PARK RD STE 100, HYDE PARK NY 11042
Ross Cooper officer: President C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Mary Hogan Preusse director C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Flynn Conor C officer: President, COO and CIO C/O KIMCO REATLY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
David Henry officer: Cheif Executive Officer 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Michael V Pappagallo officer: V.P. - CFO BRIXMOR PROPERTY GROUP, 450 LEXINGTON AVENUE, NEW YORK NY 10017