GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » American Realty Investors Inc (NYSE:ARL) » Definitions » Cyclically Adjusted PB Ratio

ARL (American Realty Investors) Cyclically Adjusted PB Ratio : 0.69 (As of Jul. 09, 2025)


View and export this data going back to 2000. Start your Free Trial

What is American Realty Investors Cyclically Adjusted PB Ratio?

As of today (2025-07-09), American Realty Investors's current share price is $14.52. American Realty Investors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $21.08. American Realty Investors's Cyclically Adjusted PB Ratio for today is 0.69.

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

ARL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.12   Max: 2.25
Current: 0.69

During the past years, American Realty Investors's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.36. And the median was 1.12.

ARL's Cyclically Adjusted PB Ratio is ranked better than
56.29% of 1416 companies
in the Real Estate industry
Industry Median: 0.73 vs ARL: 0.69

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.

American Realty Investors's adjusted book value per share data for the three months ended in Mar. 2025 was $37.339. 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 $21.08 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Realty Investors Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Realty Investors'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.

American Realty Investors Cyclically Adjusted PB Ratio Chart

American Realty Investors Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.20 1.93 1.03 0.73

American Realty Investors Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.00 0.76 0.90 0.73 0.52

Competitive Comparison of American Realty Investors's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, American Realty Investors'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.


American Realty Investors's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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


;
;

American Realty Investors 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.52/21.08
=0.69

* 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.

American Realty Investors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, American Realty Investors's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=37.339/134.9266*134.9266
=37.339

Current CPI (Mar. 2025) = 134.9266.

American Realty Investors Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.244 100.684 11.048
201509 7.885 100.392 10.597
201512 7.783 99.792 10.523
201603 7.545 100.470 10.133
201606 7.702 101.688 10.220
201609 7.442 101.861 9.858
201612 7.714 101.863 10.218
201703 7.323 102.862 9.606
201706 6.595 103.349 8.610
201709 7.181 104.136 9.304
201712 7.082 104.011 9.187
201803 6.952 105.290 8.909
201806 7.304 106.317 9.270
201809 8.423 106.507 10.671
201812 16.148 105.998 20.555
201903 15.760 107.251 19.827
201906 15.583 108.070 19.456
201909 14.938 108.329 18.606
201912 14.746 108.420 18.351
202003 15.155 108.902 18.777
202006 15.011 108.767 18.621
202009 15.510 109.815 19.057
202012 14.549 109.897 17.863
202103 15.667 111.754 18.916
202106 13.975 114.631 16.449
202109 15.177 115.734 17.694
202112 14.756 117.630 16.926
202203 15.456 121.301 17.192
202206 16.466 125.017 17.771
202209 35.182 125.227 37.907
202212 37.871 125.222 40.806
202303 38.055 127.348 40.320
202306 38.063 128.729 39.896
202309 38.248 129.860 39.740
202312 38.088 129.419 39.709
202403 38.198 131.776 39.111
202406 38.271 132.554 38.956
202409 37.170 133.029 37.700
202412 37.148 133.157 37.642
202503 37.339 134.927 37.339

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.


American Realty Investors  (NYSE:ARL) 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.


American Realty Investors Cyclically Adjusted PB Ratio Related Terms

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


American Realty Investors Business Description

Traded in Other Exchanges
N/A
Address
1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, USA, 75234
American Realty Investors Inc is a fully integrated externally managed real estate company. The company operates high-quality multifamily and commercial properties throughout the Southern United States and also invests in mortgage notes receivable and in land that is either held for appreciation or development. It operates in two reportable segments; the acquisition, development, ownership and management of multifamily properties (Residential); and the acquisition, development, ownership, and management of commercial properties (Commercial), which predominantly comprise office properties. Maximum revenue is generated from its Residential segment, which includes the rental of apartments and other tenants.
Executives
Bradford A. Phillips director 1605 LBJ FREEWAY, SUITE 700, FARMERS BRANCH TX 75234
Erik L Johnson officer: Ex. Vice President and CFO
Realty Advisors, Llc 10 percent owner 1603 LBJ FREEWAY, SUITE 300, DALLAS TX 75234
Realty Advisors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 300, DALLAS TX 75234
Daniel J Moos officer: President & COO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
International Health Products, Inc. 10 percent owner 2010 VALLEY VIEW LANE, SUITE 250, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
American Realty Investors Inc officer: Exec. V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Prime Income Asset Management Inc 10 percent owner
Robert A Jakuszewski director 1800 VALLEY VIEW LANE, DALLAS TX 75234