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Equity Lifestyle Properties (FRA:MHV) Cyclically Adjusted PB Ratio : 7.71 (As of Jun. 01, 2025)


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What is Equity Lifestyle Properties Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Equity Lifestyle Properties's current share price is €55.50. Equity Lifestyle Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €7.20. Equity Lifestyle Properties's Cyclically Adjusted PB Ratio for today is 7.71.

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

FRA:MHV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.07   Med: 11.58   Max: 15.59
Current: 8.14

During the past years, Equity Lifestyle Properties's highest Cyclically Adjusted PB Ratio was 15.59. The lowest was 8.07. And the median was 11.58.

FRA:MHV's Cyclically Adjusted PB Ratio is ranked worse than
98.27% of 521 companies
in the REITs industry
Industry Median: 0.81 vs FRA:MHV: 8.14

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.

Equity Lifestyle Properties's adjusted book value per share data for the three months ended in Mar. 2025 was €8.468. 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 €7.20 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equity Lifestyle Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Equity Lifestyle 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.

Equity Lifestyle Properties Cyclically Adjusted PB Ratio Chart

Equity Lifestyle 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 11.58 14.16 9.47 9.76 8.72

Equity Lifestyle 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 8.70 8.70 9.44 8.72 8.54

Competitive Comparison of Equity Lifestyle Properties's Cyclically Adjusted PB Ratio

For the REIT - Residential subindustry, Equity Lifestyle 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.


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

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

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


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Equity Lifestyle 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.50/7.20
=7.71

* 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.

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

For example, Equity Lifestyle 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)
=8.468/134.9266*134.9266
=8.468

Current CPI (Mar. 2025) = 134.9266.

Equity Lifestyle Properties Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.116 100.684 5.516
201509 4.152 100.392 5.580
201512 4.298 99.792 5.811
201603 4.298 100.470 5.772
201606 4.472 101.688 5.934
201609 4.519 101.861 5.986
201612 4.835 101.863 6.404
201703 4.855 102.862 6.368
201706 4.616 103.349 6.026
201709 4.563 104.136 5.912
201712 4.922 104.011 6.385
201803 4.721 105.290 6.050
201806 4.984 106.317 6.325
201809 5.342 106.507 6.767
201812 5.482 105.998 6.978
201903 5.811 107.251 7.311
201906 6.008 108.070 7.501
201909 6.222 108.329 7.750
201912 6.177 108.420 7.687
202003 6.205 108.902 7.688
202006 6.028 108.767 7.478
202009 5.723 109.815 7.032
202012 5.565 109.897 6.832
202103 5.683 111.754 6.861
202106 5.603 114.631 6.595
202109 5.770 115.734 6.727
202112 6.746 117.630 7.738
202203 7.114 121.301 7.913
202206 7.368 125.017 7.952
202209 7.854 125.227 8.462
202212 7.331 125.222 7.899
202303 7.232 127.348 7.662
202306 7.095 128.729 7.437
202309 7.173 129.860 7.453
202312 7.028 129.419 7.327
202403 7.148 131.776 7.319
202406 7.172 132.554 7.300
202409 6.888 133.029 6.986
202412 8.701 133.157 8.817
202503 8.468 134.927 8.468

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.


Equity Lifestyle Properties  (FRA:MHV) 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.


Equity Lifestyle Properties Cyclically Adjusted PB Ratio Related Terms

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


Equity Lifestyle Properties Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 452 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company's properties located in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.

Equity Lifestyle Properties Headlines

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