GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Palm Hills Developments SAE (CAI:PHDC) » Definitions » Cyclically Adjusted PB Ratio

Palm Hills DevelopmentsE (CAI:PHDC) Cyclically Adjusted PB Ratio : 1.96 (As of May. 01, 2025)


View and export this data going back to 2006. Start your Free Trial

What is Palm Hills DevelopmentsE Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Palm Hills DevelopmentsE's current share price is E£6.72. Palm Hills DevelopmentsE's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was E£3.42. Palm Hills DevelopmentsE's Cyclically Adjusted PB Ratio for today is 1.96.

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

CAI:PHDC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.66   Max: 2.13
Current: 1.93

During the past years, Palm Hills DevelopmentsE's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.38. And the median was 0.66.

CAI:PHDC's Cyclically Adjusted PB Ratio is ranked worse than
85.2% of 1284 companies
in the Real Estate industry
Industry Median: 0.65 vs CAI:PHDC: 1.93

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.

Palm Hills DevelopmentsE's adjusted book value per share data for the three months ended in Sep. 2024 was E£4.535. 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 E£3.42 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Palm Hills DevelopmentsE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Palm Hills DevelopmentsE'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.

Palm Hills DevelopmentsE Cyclically Adjusted PB Ratio Chart

Palm Hills DevelopmentsE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.68 0.62 0.82

Palm Hills DevelopmentsE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.65 0.82 0.99 1.25 1.94

Competitive Comparison of Palm Hills DevelopmentsE's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Palm Hills DevelopmentsE'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.


Palm Hills DevelopmentsE's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Palm Hills DevelopmentsE's Cyclically Adjusted PB Ratio falls into.


;
;

Palm Hills DevelopmentsE 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.

Palm Hills DevelopmentsE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.72/3.42
=1.96

* 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.

Palm Hills DevelopmentsE's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Palm Hills DevelopmentsE's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.535/133.0289*133.0289
=4.535

Current CPI (Sep. 2024) = 133.0289.

Palm Hills DevelopmentsE Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.267 100.560 2.999
201409 2.308 100.428 3.057
201412 2.268 99.070 3.045
201503 2.362 99.621 3.154
201506 2.610 100.684 3.448
201509 2.699 100.392 3.576
201512 2.668 99.792 3.557
201603 2.570 100.470 3.403
201606 2.672 101.688 3.496
201609 2.724 101.861 3.558
201612 2.830 101.863 3.696
201706 0.000 103.349 0.000
201709 2.760 104.136 3.526
201712 2.868 104.011 3.668
201806 2.910 106.317 3.641
201809 2.978 106.507 3.720
201812 2.829 105.998 3.550
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 2.802 108.329 3.441
201912 2.881 108.420 3.535
202003 2.817 108.902 3.441
202006 2.839 108.767 3.472
202009 2.836 109.815 3.436
202012 2.878 109.897 3.484
202103 2.853 111.754 3.396
202106 2.812 114.631 3.263
202109 2.845 115.734 3.270
202112 3.005 117.630 3.398
202203 2.982 121.301 3.270
202206 3.003 125.017 3.195
202209 3.112 125.227 3.306
202212 3.228 125.222 3.429
202303 3.305 127.348 3.452
202306 3.447 128.729 3.562
202309 0.359 129.860 0.368
202312 3.794 129.419 3.900
202403 4.085 131.776 4.124
202406 4.310 132.554 4.325
202409 4.535 133.029 4.535

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.


Palm Hills DevelopmentsE  (CAI:PHDC) 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.


Palm Hills DevelopmentsE Cyclically Adjusted PB Ratio Related Terms

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


Palm Hills DevelopmentsE Business Description

Traded in Other Exchanges
N/A
Address
Cairo- Alexandria Desert Road Abou Rawash, Km 28 Smart Village, A4, B83 Raya Building, Cairo, EGY
Palm Hills Developments SAE real estate company develops integrated residential, commercial real estate, and resort projects. The company focuses on development in Egypt's new cities and new urban communities. Its activities include building, constructing, owning, and managing residential properties and tourist villages. Palm Hills also provides associated services and facilities, leases and constructs integrated projects, and manages related entertainment activities. The company's property portfolio contains projects spanning different development stages, such as Palm Hills October, which is a residential community, and the Palm Club, which is a sports and recreational facility located in Palm Hills October.

Palm Hills DevelopmentsE Headlines

No Headlines