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AEDFF (Aedifica) Cyclically Adjusted PB Ratio : 0.98 (As of Sep. 22, 2024)


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What is Aedifica Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Aedifica's current share price is $71.75. Aedifica's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $72.96. Aedifica's Cyclically Adjusted PB Ratio for today is 0.98.

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

AEDFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1   Max: 1.06
Current: 1.04

During the past years, Aedifica's highest Cyclically Adjusted PB Ratio was 1.06. The lowest was 0.96. And the median was 1.00.

AEDFF's Cyclically Adjusted PB Ratio is ranked worse than
62.77% of 505 companies
in the REITs industry
Industry Median: 0.84 vs AEDFF: 1.04

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.

Aedifica's adjusted book value per share data for the three months ended in Jun. 2024 was $80.693. 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 $72.96 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aedifica Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aedifica'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.

Aedifica Cyclically Adjusted PB Ratio Chart

Aedifica Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Aedifica Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - 0.93

Competitive Comparison of Aedifica's Cyclically Adjusted PB Ratio

For the REIT - Healthcare Facilities subindustry, Aedifica'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.


Aedifica's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Aedifica 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.

Aedifica's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=71.75/72.96
=0.98

* 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.

Aedifica's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Aedifica's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=80.693/130.6905*130.6905
=80.693

Current CPI (Jun. 2024) = 130.6905.

Aedifica Quarterly Data

Book Value per Share CPI Adj_Book
200606 76.184 84.834 117.364
200706 40.280 85.925 61.266
200806 49.140 90.910 70.643
200812 0.000 90.077 0.000
200906 38.191 89.909 55.514
200912 38.032 90.315 55.034
201006 34.889 92.119 49.498
201012 0.000 93.120 0.000
201106 42.854 95.508 58.640
201112 0.000 96.360 0.000
201206 36.006 97.659 48.185
201212 39.415 98.511 52.290
201306 41.384 99.215 54.513
201312 42.326 99.462 55.615
201406 42.789 99.482 56.212
201412 38.715 99.086 51.064
201506 42.461 100.107 55.433
201512 41.366 100.572 53.754
201606 43.652 102.267 55.784
201612 41.185 102.614 52.454
201706 50.693 103.902 63.763
201712 53.558 104.804 66.787
201806 55.198 106.063 68.015
201812 53.966 107.252 65.759
201906 62.539 107.896 75.751
201912 63.113 108.065 76.327
202103 0.000 109.522 0.000
202106 83.750 110.305 99.228
202109 0.000 111.543 0.000
202112 84.560 114.705 96.345
202203 86.113 118.620 94.876
202206 82.919 120.948 89.598
202209 80.959 124.120 85.245
202212 85.246 126.578 88.016
202303 86.659 126.528 89.510
202306 87.200 125.973 90.465
202309 81.724 127.083 84.044
202312 82.009 128.292 83.542
202403 83.620 130.552 83.709
202406 80.693 130.691 80.693

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.


Aedifica  (OTCPK:AEDFF) 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.


Aedifica Cyclically Adjusted PB Ratio Related Terms

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


Aedifica Business Description

Industry
Traded in Other Exchanges
Address
Rue Belliard 40 (box 11), Brussels, BEL, B-1040
Aedifica SA is a Belgian real estate investment trust that invests in, develops, and leases healthcare properties. The company focuses on providing housing for the aging population in Western Europe and the growing populations in Belgium's major cities. The majority of Aedifica's real estate portfolio is composed of Elderly care homes. The company derives the vast majority of its income in the form of rental revenue. Its geographical segments are Belgium, Germany, Netherlands, Ireland, United Kingdom, Finland, and Sweden.

Aedifica Headlines

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