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PAZRF (Plaza Retail REIT) Cyclically Adjusted Book per Share : $3.69 (As of Dec. 2024)


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What is Plaza Retail REIT Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Plaza Retail REIT's adjusted book value per share for the three months ended in Dec. 2024 was $3.438. 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 $3.69 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Plaza Retail REIT's average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Plaza Retail REIT was 30.10% per year. The lowest was 4.10% per year. And the median was 15.80% per year.

As of today (2025-05-04), Plaza Retail REIT's current stock price is $2.4442. Plaza Retail REIT's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $3.69. Plaza Retail REIT's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Plaza Retail REIT was 2.22. The lowest was 0.65. And the median was 1.02.


Plaza Retail REIT Cyclically Adjusted Book per Share Historical Data

The historical data trend for Plaza Retail REIT's Cyclically Adjusted Book per Share 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.

Plaza Retail REIT Cyclically Adjusted Book per Share Chart

Plaza Retail REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 3.74 3.64 3.96 3.69

Plaza Retail REIT Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Book per Share 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 3.96 3.90 4.11 4.00 3.69

Competitive Comparison of Plaza Retail REIT's Cyclically Adjusted Book per Share

For the REIT - Retail subindustry, Plaza Retail REIT'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.


Plaza Retail REIT's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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


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Plaza Retail REIT Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Plaza Retail REIT's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3.438/127.3637*127.3637
=3.438

Current CPI (Dec. 2024) = 127.3637.

Plaza Retail REIT Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.509 99.789 4.479
201506 3.601 100.500 4.564
201509 3.383 100.421 4.291
201512 3.264 99.947 4.159
201603 3.365 101.054 4.241
201606 3.491 102.002 4.359
201609 3.442 101.765 4.308
201612 3.409 101.449 4.280
201703 3.356 102.634 4.165
201706 3.373 103.029 4.170
201709 3.658 103.345 4.508
201712 3.537 103.345 4.359
201803 3.413 105.004 4.140
201806 3.362 105.557 4.057
201809 3.383 105.636 4.079
201812 3.237 105.399 3.912
201903 3.319 106.979 3.951
201906 3.411 107.690 4.034
201909 3.445 107.611 4.077
201912 3.472 107.769 4.103
202003 3.212 107.927 3.790
202006 3.031 108.401 3.561
202009 3.120 108.164 3.674
202012 3.239 108.559 3.800
202103 3.340 110.298 3.857
202106 3.531 111.720 4.025
202109 3.565 112.905 4.022
202112 3.788 113.774 4.240
202203 3.972 117.646 4.300
202206 3.927 120.806 4.140
202209 3.770 120.648 3.980
202212 3.752 120.964 3.951
202303 3.690 122.702 3.830
202306 3.836 124.203 3.934
202309 3.737 125.230 3.801
202312 3.691 125.072 3.759
202403 3.669 126.258 3.701
202406 3.588 127.522 3.584
202409 3.613 127.285 3.615
202412 3.438 127.364 3.438

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Plaza Retail REIT  (OTCPK:PAZRF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Plaza Retail REIT's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.4442/3.69
=0.66

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Plaza Retail REIT was 2.22. The lowest was 0.65. And the median was 1.02.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Plaza Retail REIT Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Plaza Retail REIT's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Plaza Retail REIT Business Description

Industry
Traded in Other Exchanges
Address
98 Main Street, Fredericton, NB, CAN, E3A 9N6
Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Its portfolio largely consists of open-air centres, Freestanding Quick Service Restaurants, Freestanding or Anchored Grocery or Pharmacy and is predominantly occupied by national tenants.

Plaza Retail REIT Headlines

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