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ASGTF (Altus Group) Cyclically Adjusted PB Ratio : 4.60 (As of Jun. 01, 2025)


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What is Altus Group Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Altus Group's current share price is $39.714. Altus Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $8.63. Altus Group's Cyclically Adjusted PB Ratio for today is 4.60.

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

ASGTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.77   Med: 4.1   Max: 7.66
Current: 4.34

During the past years, Altus Group's highest Cyclically Adjusted PB Ratio was 7.66. The lowest was 1.77. And the median was 4.10.

ASGTF's Cyclically Adjusted PB Ratio is ranked worse than
94.57% of 1325 companies
in the Real Estate industry
Industry Median: 0.68 vs ASGTF: 4.34

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.

Altus Group's adjusted book value per share data for the three months ended in Mar. 2025 was $13.599. 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 $8.63 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altus Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Altus Group'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.

Altus Group Cyclically Adjusted PB Ratio Chart

Altus Group 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 5.50 7.39 5.04 3.62 4.60

Altus Group 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 4.38 4.19 4.53 4.60 4.10

Competitive Comparison of Altus Group's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Altus Group'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.


Altus Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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


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Altus Group 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.

Altus Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.714/8.63
=4.60

* 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.

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

For example, Altus Group'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)
=13.599/129.1809*129.1809
=13.599

Current CPI (Mar. 2025) = 129.1809.

Altus Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.208 100.500 9.265
201509 7.008 100.421 9.015
201512 7.011 99.947 9.062
201603 6.812 101.054 8.708
201606 7.049 102.002 8.927
201609 6.820 101.765 8.657
201612 6.868 101.449 8.745
201703 6.695 102.634 8.427
201706 8.231 103.029 10.320
201709 8.813 103.345 11.016
201712 8.393 103.345 10.491
201803 7.738 105.004 9.520
201806 7.312 105.557 8.948
201809 7.108 105.636 8.692
201812 6.824 105.399 8.364
201903 6.625 106.979 8.000
201906 6.740 107.690 8.085
201909 6.872 107.611 8.249
201912 6.857 107.769 8.219
202003 6.698 107.927 8.017
202006 6.856 108.401 8.170
202009 7.246 108.164 8.654
202012 7.405 108.559 8.812
202103 7.414 110.298 8.683
202106 8.097 111.720 9.363
202109 7.960 112.905 9.107
202112 10.271 113.774 11.662
202203 9.905 117.646 10.876
202206 9.672 120.806 10.343
202209 9.706 120.648 10.392
202212 9.841 120.964 10.509
202303 9.754 122.702 10.269
202306 10.083 124.203 10.487
202309 9.741 125.230 10.048
202312 9.881 125.072 10.206
202403 9.852 126.258 10.080
202406 9.795 127.522 9.922
202409 9.924 127.285 10.072
202412 9.417 127.364 9.551
202503 13.599 129.181 13.599

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.


Altus Group  (OTCPK:ASGTF) 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.


Altus Group Cyclically Adjusted PB Ratio Related Terms

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


Altus Group Business Description

Traded in Other Exchanges
Address
33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd is a provider of asset and fund intelligence for commercial real estate. The company delivers intelligence as a service to its clients through a connected platform of technology, analytics, and advisory services. The various services provided by the company include valuation advisory, property appraisals, development advisory, quantity surveying, and others, and the different software products offered include Forbury, ARGUS Intelligence, Reonomy, and Altus Data Studio, among others. The company's reportable segments are Analytics and Appraisals, and Development Advisory. Maximum revenue is generated from its Analytics segment, whose portfolio includes software, data analytics, market data, Valuation Management Solutions (VMS), and technology consulting services.

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