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Reef Casino Trust (ASX:RCT) Cyclically Adjusted PB Ratio : 11.07 (As of Jun. 28, 2025)


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What is Reef Casino Trust Cyclically Adjusted PB Ratio?

As of today (2025-06-28), Reef Casino Trust's current share price is A$3.10. Reef Casino Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was A$0.28. Reef Casino Trust's Cyclically Adjusted PB Ratio for today is 11.07.

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

ASX:RCT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.26   Med: 9.04   Max: 13.04
Current: 11.13

During the past 13 years, Reef Casino Trust's highest Cyclically Adjusted PB Ratio was 13.04. The lowest was 4.26. And the median was 9.04.

ASX:RCT's Cyclically Adjusted PB Ratio is ranked worse than
95.91% of 636 companies
in the Travel & Leisure industry
Industry Median: 1.34 vs ASX:RCT: 11.13

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.

Reef Casino Trust's adjusted book value per share data of for the fiscal year that ended in Dec24 was A$0.228. 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 A$0.28 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reef Casino Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Reef Casino Trust'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.

Reef Casino Trust Cyclically Adjusted PB Ratio Chart

Reef Casino Trust 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 10.21 11.30 10.37 11.10 10.24

Reef Casino Trust Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 10.37 - 11.10 - 10.24

Competitive Comparison of Reef Casino Trust's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Reef Casino Trust'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.


Reef Casino Trust's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Reef Casino Trust 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.

Reef Casino Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.10/0.28
=11.07

* 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.

Reef Casino Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Reef Casino Trust's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.228/129.4637*129.4637
=0.228

Current CPI (Dec24) = 129.4637.

Reef Casino Trust Annual Data

Book Value per Share CPI Adj_Book
201512 0.270 100.673 0.347
201612 0.246 102.159 0.312
201712 0.262 104.110 0.326
201812 0.236 105.967 0.288
201912 0.235 107.917 0.282
202012 0.177 108.846 0.211
202112 0.258 112.654 0.296
202212 0.286 121.477 0.305
202312 0.231 126.399 0.237
202412 0.228 129.464 0.228

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.


Reef Casino Trust  (ASX:RCT) 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.


Reef Casino Trust Cyclically Adjusted PB Ratio Related Terms

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


Reef Casino Trust Business Description

Traded in Other Exchanges
N/A
Address
35 - 41 Wharf Street, PO Box 7320, Cairns, QLD, AUS, 4870
Reef Casino Trust is engaged in the operation of the Reef Hotel-Casino Complex located in Cairns, Queensland, Australia. The company derives revenue from the casino, which includes electronic gaming and table games, and the hotel, which includes room accommodation and food and beverage. The majority of the revenue is generated from the rental income received from the casino operations. The company operates in two segments, which includes Casino operations and Hotel and other non-casino operations.