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Corestate Capital Holding (CHIX:CCAPD) Cyclically Adjusted PB Ratio : 0.03 (As of Jun. 25, 2024)


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What is Corestate Capital Holding Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Corestate Capital Holding's current share price is €0.4238. Corestate Capital Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 was €15.98. Corestate Capital Holding's Cyclically Adjusted PB Ratio for today is 0.03.

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

CHIX:CCAPd's Cyclically Adjusted PB Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Corestate Capital Holding's adjusted book value per share data of for the fiscal year that ended in Dec21 was €18.226. 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 €15.98 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corestate Capital Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Corestate Capital Holding'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.

Corestate Capital Holding Cyclically Adjusted PB Ratio Chart

Corestate Capital Holding Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.71

Corestate Capital Holding Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - 0.71 - - -

Competitive Comparison of Corestate Capital Holding's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Corestate Capital Holding'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.


Corestate Capital Holding's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Corestate Capital Holding's Cyclically Adjusted PB Ratio falls into.



Corestate Capital Holding 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.

Corestate Capital Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4238/15.98
=0.03

* 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.

Corestate Capital Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Corestate Capital Holding's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=18.226/111.0900*111.0900
=18.226

Current CPI (Dec21) = 111.0900.

Corestate Capital Holding Annual Data

Book Value per Share CPI Adj_Book
201212 0.641 97.930 0.727
201312 2.624 99.440 2.931
201412 3.041 98.830 3.418
201512 3.868 99.910 4.301
201612 6.823 101.040 7.502
201712 26.244 102.410 28.468
201812 29.172 104.320 31.065
201912 31.795 106.080 33.297
202012 26.720 106.670 27.827
202112 18.226 111.090 18.226

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.


Corestate Capital Holding  (CHIX:CCAPd) 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.


Corestate Capital Holding Cyclically Adjusted PB Ratio Related Terms

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


Corestate Capital Holding (CHIX:CCAPD) Business Description

Traded in Other Exchanges
N/A
Address
4, Rue Jean Monnet, Luxembourg, LUX, L-2180
Corestate Capital Holding SA is a real estate investment manager. It covers the entire lifecycle of investment in real estate in Germany. The company has three segments: Real Estate Equity; Real Estate Debt; and Other. The majority of the revenue is generated from the Real Estate Debt segment. Corestate's product portfolio includes a broad range of asset classes: residential, micro Living, logistics, retail, and office real estate. The group generates a major part of its revenue from Germany.

Corestate Capital Holding (CHIX:CCAPD) Headlines

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