Champion Real Estate Investment Trust (Champion Real Estate Investment Trust) Cyclically Adjusted PB Ratio : 0.15 (As of May. 01, 2024)

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What is Champion Real Estate Investment Trust Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Champion Real Estate Investment Trust's current share price is $0.197. Champion Real Estate Investment Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $1.29. Champion Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.15.

The historical rank and industry rank for Champion Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

CMPNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.47 Max: 0.74
Current: 0.18

During the past 13 years, Champion Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 0.74. The lowest was 0.15. And the median was 0.47.

CMPNF's Cyclically Adjusted PB Ratio is ranked better than
93.74% of 495 companies
in the REITs industry
Industry Median: 0.76 vs CMPNF: 0.18

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.

Champion Real Estate Investment Trust's adjusted book value per share data of for the fiscal year that ended in Dec23 was $0.988. 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 $1.29 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Champion Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Champion Real Estate Investment 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.

Champion Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Champion Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

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0.52

0.46

0.41

0.31

0.25

Champion Real Estate Investment Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.41	-	0.31	-	0.25

Competitive Comparison of Champion Real Estate Investment Trust's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Champion Real Estate Investment 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.

Champion Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Champion Real Estate Investment Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Champion Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.

Champion Real Estate Investment 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.

Champion Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.197	/	1.29
	=	0.15

Champion Real Estate Investment Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Champion Real Estate Investment Trust's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book	=	Book Value per Share	/	CPI of Dec23 (Change)	*	Current CPI (Dec23)
	=	0.988	/	117.2957	*	117.2957
	=	0.988

Current CPI (Dec23) = 117.2957.

Champion Real Estate Investment Trust Annual Data

	Book Value per Share	CPI	Adj_Book
201412	1.039	99.707	1.222
201512	1.083	102.015	1.245
201612	1.123	103.225	1.276
201712	1.327	104.984	1.483
201812	1.460	107.622	1.591
201912	1.415	110.700	1.499
202012	1.111	109.711	1.188
202112	1.057	112.349	1.104
202212	1.015	114.548	1.039
202312	0.988	117.296	0.988

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.

Champion Real Estate Investment Trust (OTCPK:CMPNF) 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.

Champion Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

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Champion Real Estate Investment Trust (Champion Real Estate Investment Trust) Business Description

Industry

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02778:Hong Kong

Address

Great Eagle Centre, 23 Harbour Road, Suite 3008, 30th Floor, Wanchai, Hong Kong, HKG

Website

https://www.championreit.com

Champion Real Estate Investment Trust, or Champion REIT, owns and invests in income-producing office and retail properties, with a focus on Grade A commercial properties in prime locations. In Hong Kong, the trust holds two assets in Three Garden Road in the central business district and the retail and office components of Langham Place in Mong Kok. Great Eagle Holdings listed Champion REIT with a 91.5% stake in Three Garden Road in 2006 and injected the Langham Place office and retail portions into the trust in 2008. The trust acquired the remaining stake in Three Garden Road and unified ownership of the property in 2013. Great Eagle Holdings retains a 68.3% stake in Champion REIT. In 2021, the trust entered into a joint venture to acquire a 27% stake in 66 Shoe Lane in London.