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Land And Houses Residential Freehold And Leasehold REIT (BKK:LHRREIT-F) Cyclically Adjusted PB Ratio : 0.37 (As of Jul. 15, 2025)


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What is Land And Houses Residential Freehold And Leasehold REIT Cyclically Adjusted PB Ratio?

As of today (2025-07-15), Land And Houses Residential Freehold And Leasehold REIT's current share price is ฿4.80. Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿12.91. Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio for today is 0.37.

The historical rank and industry rank for Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:LHRREIT-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.38   Max: 0.7
Current: 0.37

During the past years, Land And Houses Residential Freehold And Leasehold REIT's highest Cyclically Adjusted PB Ratio was 0.70. The lowest was 0.37. And the median was 0.38.

BKK:LHRREIT-F's Cyclically Adjusted PB Ratio is ranked better than
80.94% of 530 companies
in the REITs industry
Industry Median: 0.81 vs BKK:LHRREIT-F: 0.37

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.

Land And Houses Residential Freehold And Leasehold REIT's adjusted book value per share data for the three months ended in Mar. 2025 was ฿10.853. 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 ฿12.91 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Land And Houses Residential Freehold And Leasehold REIT Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Land And Houses Residential Freehold And Leasehold REIT'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.

Land And Houses Residential Freehold And Leasehold REIT Cyclically Adjusted PB Ratio Chart

Land And Houses Residential Freehold And Leasehold REIT 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 - - 0.68 0.38 0.37

Land And Houses Residential Freehold And Leasehold REIT 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 0.37 0.37 0.37 0.37 0.37

Competitive Comparison of Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio

For the REIT - Residential subindustry, Land And Houses Residential Freehold And Leasehold REIT'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.


Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio falls into.


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Land And Houses Residential Freehold And Leasehold REIT 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.

Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.80/12.91
=0.37

* 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.

Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Land And Houses Residential Freehold And Leasehold REIT'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)
=10.853/134.9266*134.9266
=10.853

Current CPI (Mar. 2025) = 134.9266.

Land And Houses Residential Freehold And Leasehold REIT Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.656 100.684 14.280
201509 10.493 100.392 14.103
201512 10.677 99.792 14.436
201603 10.475 100.470 14.067
201606 10.561 101.688 14.013
201609 10.568 101.861 13.999
201612 10.575 101.863 14.008
201703 10.587 102.862 13.887
201706 10.745 103.349 14.028
201709 10.740 104.136 13.916
201712 10.730 104.011 13.919
201803 10.742 105.290 13.766
201806 10.750 106.317 13.643
201809 10.754 106.507 13.624
201812 10.755 105.998 13.690
201903 10.771 107.251 13.550
201906 10.737 108.070 13.405
201909 10.730 108.329 13.364
201912 10.729 108.420 13.352
202003 10.740 108.902 13.307
202006 10.571 108.767 13.113
202009 10.548 109.815 12.960
202012 10.542 109.897 12.943
202103 10.548 111.754 12.735
202106 10.552 114.631 12.420
202109 10.550 115.734 12.300
202112 10.823 117.630 12.414
202203 10.851 121.301 12.070
202206 11.146 125.017 12.030
202209 11.174 125.227 12.040
202212 11.305 125.222 12.181
202303 11.281 127.348 11.952
202306 11.357 128.729 11.904
202309 11.334 129.860 11.776
202312 11.367 129.419 11.851
202403 11.371 131.776 11.643
202406 10.846 132.554 11.040
202409 10.858 133.029 11.013
202412 10.786 133.157 10.929
202503 10.853 134.927 10.853

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.


Land And Houses Residential Freehold And Leasehold REIT  (BKK:LHRREIT-F) 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.


Land And Houses Residential Freehold And Leasehold REIT Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Land And Houses Residential Freehold And Leasehold REIT's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Land And Houses Residential Freehold And Leasehold REIT Business Description

Traded in Other Exchanges
Address
South Sathon Road, 11 Q.House Sathon Building, 10Floor & Floor 14, Tungmahamek Sathon, Bangkok, THA, 10120
Land And Houses Residential Freehold And Leasehold REIT is a closed-end specific property fund engaged in the rental of immovable properties. Its operations is carried on only in Thailand.

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