GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Allied Properties Real Estate Investment Trust (FRA:5G8) » Definitions » Cyclically Adjusted PB Ratio

Allied Properties Real Estate Investment Trust (FRA:5G8) Cyclically Adjusted PB Ratio : 0.39 (As of Sep. 22, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Allied Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Allied Properties Real Estate Investment Trust's current share price is €12.718. Allied Properties Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €32.69. Allied Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.39.

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

FRA:5G8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.52   Max: 2.21
Current: 0.4

During the past years, Allied Properties Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 2.21. The lowest was 0.32. And the median was 1.52.

FRA:5G8's Cyclically Adjusted PB Ratio is ranked better than
80% of 505 companies
in the REITs industry
Industry Median: 0.84 vs FRA:5G8: 0.40

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.

Allied Properties Real Estate Investment Trust's adjusted book value per share data for the three months ended in Jun. 2024 was €29.241. 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 €32.69 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allied Properties 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.

Allied Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Allied Properties Real Estate Investment Trust 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 1.58 1.04 1.08 0.57 0.43

Allied Properties Real Estate Investment Trust Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.47 0.38 0.43 0.37 0.32

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

For the REIT - Office subindustry, Allied Properties 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.


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

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

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



Allied Properties 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.

Allied Properties 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
=12.718/32.69
=0.39

* 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.

Allied Properties Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Allied Properties Real Estate Investment Trust's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=29.241/127.5217*127.5217
=29.241

Current CPI (Jun. 2024) = 127.5217.

Allied Properties Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201409 21.349 99.394 27.391
201412 21.828 98.367 28.298
201503 22.550 99.789 28.817
201506 23.119 100.500 29.335
201509 22.053 100.421 28.004
201512 22.122 99.947 28.225
201603 22.490 101.054 28.381
201606 23.213 102.002 29.021
201609 23.176 101.765 29.042
201612 25.342 101.449 31.855
201703 25.275 102.634 31.404
201706 24.861 103.029 30.771
201709 25.893 103.345 31.951
201712 25.271 103.345 31.183
201803 24.261 105.004 29.464
201806 25.764 105.557 31.125
201809 27.078 105.636 32.688
201812 27.555 105.399 33.339
201903 28.542 106.979 34.023
201906 29.165 107.690 34.536
201909 30.478 107.611 36.117
201912 31.814 107.769 37.645
202003 31.229 107.927 36.899
202006 31.795 108.401 37.403
202009 30.986 108.164 36.531
202012 31.149 108.559 36.590
202103 32.559 110.298 37.643
202106 33.332 111.720 38.047
202109 33.204 112.905 37.503
202112 34.781 113.774 38.984
202203 33.693 117.646 36.521
202206 34.932 120.806 36.874
202209 35.741 120.648 37.777
202212 32.720 120.964 34.494
202303 31.777 122.702 33.025
202306 34.020 124.203 34.929
202309 33.459 125.230 34.071
202312 30.003 125.072 30.591
202403 29.461 126.258 29.756
202406 29.241 127.522 29.241

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.


Allied Properties Real Estate Investment Trust  (FRA:5G8) 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.


Allied Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

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


Allied Properties Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.

Allied Properties Real Estate Investment Trust Headlines

No Headlines