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Cousins Properties (FRA:CPZ1) Cyclically Adjusted PB Ratio : 0.78 (As of Jul. 04, 2025)


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What is Cousins Properties Cyclically Adjusted PB Ratio?

As of today (2025-07-04), Cousins Properties's current share price is €25.20. Cousins Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €32.17. Cousins Properties's Cyclically Adjusted PB Ratio for today is 0.78.

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

FRA:CPZ1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.1   Max: 1.53
Current: 0.85

During the past years, Cousins Properties's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.51. And the median was 1.10.

FRA:CPZ1's Cyclically Adjusted PB Ratio is ranked worse than
52.95% of 525 companies
in the REITs industry
Industry Median: 0.81 vs FRA:CPZ1: 0.85

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.

Cousins Properties's adjusted book value per share data for the three months ended in Mar. 2025 was €26.519. 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 €32.17 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cousins Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cousins 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.

Cousins Properties Cyclically Adjusted PB Ratio Chart

Cousins Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.30 0.75 0.70 0.88

Cousins Properties Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.68 0.66 0.84 0.88 0.85

Competitive Comparison of Cousins Properties's Cyclically Adjusted PB Ratio

For the REIT - Office subindustry, Cousins 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.


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

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

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


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Cousins 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.20/32.17
=0.78

* 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.

Cousins Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Cousins Properties's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=26.519/134.9266*134.9266
=26.519

Current CPI (Mar. 2025) = 134.9266.

Cousins Properties Quarterly Data

Book Value per Share CPI Adj_Book
201506 27.216 100.684 36.472
201509 27.768 100.392 37.320
201512 29.225 99.792 39.514
201603 28.645 100.470 38.469
201606 28.248 101.688 37.481
201609 28.199 101.861 37.353
201612 23.602 101.863 31.263
201703 23.381 102.862 30.669
201706 23.492 103.349 30.670
201709 22.040 104.136 28.557
201712 22.251 104.011 28.865
201803 21.428 105.290 27.460
201806 22.566 106.317 28.638
201809 22.534 106.507 28.547
201812 23.119 105.998 29.429
201903 23.260 107.251 29.262
201906 25.953 108.070 32.403
201909 26.495 108.329 33.000
201912 26.722 108.420 33.255
202003 27.628 108.902 34.230
202006 26.988 108.767 33.479
202009 25.715 109.815 31.595
202012 24.717 109.897 30.346
202103 25.151 111.754 30.366
202106 24.762 114.631 29.146
202109 25.411 115.734 29.625
202112 27.182 117.630 31.179
202203 27.757 121.301 30.875
202206 28.810 125.017 31.094
202209 30.983 125.227 33.383
202212 28.831 125.222 31.065
202303 28.317 127.348 30.002
202306 27.861 128.729 29.202
202309 28.119 129.860 29.216
202312 27.330 129.419 28.493
202403 27.169 131.776 27.819
202406 27.195 132.554 27.682
202409 26.152 133.029 26.525
202412 27.607 133.157 27.974
202503 26.519 134.927 26.519

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.


Cousins Properties  (FRA:CPZ1) 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.


Cousins Properties Cyclically Adjusted PB Ratio Related Terms

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


Cousins Properties Business Description

Industry
Traded in Other Exchanges
Address
3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio mainly comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. The segments operates in following geographical areas: Atlanta, Austin, Charlotte, Dallas, Phoenix, Tampa, and other markets. The company derives nearly all of its revenue in the form of rental income from its properties, the majority of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's key markets.

Cousins Properties Headlines

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