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Alony-Hetz Properties & Investments (Alony-Hetz Properties & Investments) Cyclically Adjusted PB Ratio : (As of May. 04, 2024)


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What is Alony-Hetz Properties & Investments 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


Alony-Hetz Properties & Investments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alony-Hetz Properties & Investments'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.

Alony-Hetz Properties & Investments Cyclically Adjusted PB Ratio Chart

Alony-Hetz Properties & Investments 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 - 1.78 1.38 1.59 0.91

Alony-Hetz Properties & Investments 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 0.91 0.70 0.71 0.64 0.74

Competitive Comparison of Alony-Hetz Properties & Investments's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Alony-Hetz Properties & Investments'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.


Alony-Hetz Properties & Investments's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alony-Hetz Properties & Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alony-Hetz Properties & Investments's Cyclically Adjusted PB Ratio falls into.



Alony-Hetz Properties & Investments 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.

Alony-Hetz Properties & Investments's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alony-Hetz Properties & Investments'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)
=7.488/129.4194*129.4194
=7.488

Current CPI (Dec. 2023) = 129.4194.

Alony-Hetz Properties & Investments Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.335 99.695 9.522
201406 7.485 100.560 9.633
201409 7.337 100.428 9.455
201412 7.858 99.070 10.265
201503 8.636 99.621 11.219
201506 8.500 100.684 10.926
201509 8.156 100.392 10.514
201512 8.165 99.792 10.589
201603 8.168 100.470 10.521
201606 8.502 101.688 10.821
201609 8.181 101.861 10.394
201612 8.504 101.863 10.805
201703 8.075 102.862 10.160
201706 8.084 103.349 10.123
201709 8.237 104.136 10.237
201712 8.450 104.011 10.514
201803 8.625 105.290 10.602
201806 8.972 106.317 10.922
201809 8.984 106.507 10.917
201812 9.154 105.998 11.177
201903 8.901 107.251 10.741
201906 9.008 108.070 10.788
201909 9.012 108.329 10.766
201912 9.868 108.420 11.779
202003 10.073 108.902 11.971
202006 10.018 108.767 11.920
202009 10.198 109.815 12.019
202012 9.964 109.897 11.734
202103 10.164 111.754 11.771
202106 10.484 114.631 11.836
202109 10.449 115.734 11.685
202112 11.807 117.630 12.990
202203 11.903 121.301 12.700
202206 12.006 125.017 12.429
202209 12.253 125.227 12.663
202212 11.541 125.222 11.928
202303 11.167 127.348 11.349
202306 10.606 128.729 10.663
202309 9.804 129.860 9.771
202312 7.488 129.419 7.488

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.


Alony-Hetz Properties & Investments  (OTCPK:ALZPF) 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.


Alony-Hetz Properties & Investments Cyclically Adjusted PB Ratio Related Terms

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Alony-Hetz Properties & Investments (Alony-Hetz Properties & Investments) Business Description

Traded in Other Exchanges
Address
2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501
Alony-Hetz Properties & Investments Ltd is a real estate company that owns and operates commercial properties in Israel and overseas. Its strategy is to manage a large and diversified property portfolio in developing areas and mature markets. The company also purchases and develops real estate to support its rental operations. The type of real estate it manages includes office buildings, commercial centers, supermarkets, central business stations, and industrial parks. The company's largest property investments are based in Israel, followed by the United States, Switzerland, the United Kingdom, and other regions. It also develops and maintains renewable energy installations in Israel and Poland.

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