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EPR Properties (EPR Properties) Cyclically Adjusted PB Ratio : 0.97 (As of Apr. 29, 2024)


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What is EPR Properties Cyclically Adjusted PB Ratio?

As of today (2024-04-29), EPR Properties's current share price is $41.04. EPR Properties's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $42.32. EPR Properties's Cyclically Adjusted PB Ratio for today is 0.97.

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

EPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.53   Max: 2.31
Current: 0.97

During the past years, EPR Properties's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.48. And the median was 1.53.

EPR's Cyclically Adjusted PB Ratio is ranked worse than
61.09% of 496 companies
in the REITs industry
Industry Median: 0.765 vs EPR: 0.97

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.

EPR Properties's adjusted book value per share data for the three months ended in Dec. 2023 was $32.576. 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 $42.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


EPR Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EPR Properties'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.

EPR Properties Cyclically Adjusted PB Ratio Chart

EPR Properties 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 1.88 0.86 1.19 0.90 1.14

EPR Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.90 0.90 1.10 0.97 1.14

Competitive Comparison of EPR Properties's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, EPR Properties'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.


EPR Properties's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where EPR Properties's Cyclically Adjusted PB Ratio falls into.



EPR Properties 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.

EPR Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.04/42.32
=0.97

* 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.

EPR Properties's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, EPR Properties's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=32.576/129.4194*129.4194
=32.576

Current CPI (Dec. 2023) = 129.4194.

EPR Properties Quarterly Data

Book Value per Share CPI Adj_Book
201403 32.929 99.695 42.747
201406 32.755 100.560 42.155
201409 33.722 100.428 43.457
201412 33.715 99.070 44.043
201503 33.387 99.621 43.374
201506 33.235 100.684 42.720
201509 33.614 100.392 43.333
201512 34.094 99.792 44.216
201603 34.526 100.470 44.474
201606 34.492 101.688 43.898
201609 34.408 101.861 43.717
201612 34.342 101.863 43.632
201703 34.572 102.862 43.498
201706 39.386 103.349 49.321
201709 39.207 104.136 48.726
201712 39.490 104.011 49.137
201803 38.691 105.290 47.558
201806 38.815 106.317 47.249
201809 38.972 106.507 47.356
201812 38.533 105.998 47.047
201903 38.586 107.251 46.562
201906 39.259 108.070 47.015
201909 38.863 108.329 46.429
201912 38.307 108.420 45.726
202003 37.364 108.902 44.404
202006 36.671 108.767 43.634
202009 35.515 109.815 41.855
202012 35.259 109.897 41.523
202103 35.237 111.754 40.807
202106 35.468 114.631 40.044
202109 35.176 115.734 39.335
202112 34.995 117.630 38.503
202203 34.694 121.301 37.016
202206 34.373 125.017 35.583
202209 34.071 125.227 35.212
202212 33.796 125.222 34.929
202303 33.623 127.348 34.170
202306 32.961 128.729 33.138
202309 32.838 129.860 32.727
202312 32.576 129.419 32.576

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.


EPR Properties  (NYSE:EPR) 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.


EPR Properties Cyclically Adjusted PB Ratio Related Terms

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


EPR Properties (EPR Properties) Business Description

Industry
Address
909 Walnut Street, Suite 200, Kansas, MO, USA, 64106
EPR Properties is a real estate investment trust that leases experiential properties in the United States and Canada. The company invests in two property segments: experiential, including theaters, family entertainment centers, ski resorts, and other attractions; and education, including early childhood education centers and private school properties. New investments are determined based on value and opportunity of the respective industry, location quality, and credit quality of tenants. The majority of revenue comes from the experiential sector. Texas, Florida, New York, and California are key revenue-driving states.
Executives
Tonya L. Mater officer: VP & Chief Accounting Officer 909 WALNUT STREET, SUITE 200, KANSAS CITY MO 64106
Peter C Brown director 909 WALNUT STE 200, KANSAS CITY MO 64106
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Paul Robert Turvey officer: SVP& Associate General Counsel 22211 W 59TH STREET, SHAWNEE KS 66226
Gwendolyn Mary Johnson officer: SVP - Asset Management 7418 COTTONWOOD DRIVE, SHAWNEE KS 66216
John Case director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Caixia Ziegler director 421 W. ROSLYN PLACE, CHICAGO IL 60614
Mark Alan Peterson officer: VP of Accounting & Administrat 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Craig L. Evans officer: SVP & General Counsel 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Elizabeth Grace officer: SVP & Human Resources & Admin 909 WALNUT STREET SUITE 200, KANSAS CITY MO 64106
Robin Peppe Sterneck director 11205 BROOKWOOD AVENUE, LEAWOOD KS 66211
Newman Jack A Jr director 2300 WEST 96TH ST., LEAWOOD KS 64106
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Robert J Druten director 6503 SENECA ROAD, MISSION HILLS KS 66208
Gregory E Zimmerman officer: EVP & Chief Investment Officer 909 WALNUT, SUITE 200, KANSAS CITY MO 64106