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Winthrop Realty Trust (Winthrop Realty Trust) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Winthrop Realty Trust Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Winthrop Realty Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Winthrop Realty 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.

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Winthrop Realty Trust Cyclically Adjusted PB Ratio Chart

Winthrop Realty Trust Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Winthrop Realty Trust Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of Winthrop Realty Trust's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Winthrop Realty 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.


Winthrop Realty Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Winthrop Realty Trust's Cyclically Adjusted PB Ratio falls into.



Winthrop Realty 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.

Winthrop Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2014 is calculated as:

For example, Winthrop Realty Trust's adjusted Book Value per Share data for the three months ended in Jun. 2014 was:

Adj_Book=Book Value per Share/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=9.705/100.5595*100.5595
=9.705

Current CPI (Jun. 2014) = 100.5595.

Winthrop Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
200409 15.231 80.121 19.116
200412 19.341 80.290 24.224
200503 15.973 81.555 19.695
200506 19.819 82.062 24.286
200509 17.792 83.876 21.331
200512 22.428 83.032 27.162
200603 20.686 84.298 24.676
200606 21.623 85.606 25.400
200609 21.335 85.606 25.062
200612 24.751 85.142 29.233
200703 25.047 86.640 29.071
200706 25.288 87.906 28.928
200709 24.608 87.964 28.132
200712 22.008 88.616 24.974
200803 21.382 90.090 23.867
200806 20.393 92.320 22.213
200809 20.140 92.307 21.941
200812 15.764 88.697 17.872
200903 14.065 89.744 15.760
200906 10.989 91.003 12.143
200909 11.698 91.120 12.910
200912 10.654 91.111 11.759
201003 10.754 91.821 11.777
201006 9.652 91.962 10.554
201009 10.963 92.162 11.962
201012 10.942 92.474 11.899
201103 10.928 94.283 11.655
201106 10.932 95.235 11.543
201109 10.970 95.727 11.524
201112 10.526 95.213 11.117
201203 10.496 96.783 10.906
201206 10.182 96.819 10.575
201209 10.388 97.633 10.699
201212 10.116 96.871 10.501
201303 10.257 98.209 10.502
201306 10.119 98.518 10.329
201309 10.267 98.790 10.451
201312 9.900 98.326 10.125
201403 9.686 99.695 9.770
201406 9.705 100.560 9.705

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.


Winthrop Realty Trust  (NYSE:FUR) 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.


Winthrop Realty Trust Cyclically Adjusted PB Ratio Related Terms

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


Winthrop Realty Trust (Winthrop Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Winthrop Realty Trust Inc is a real estate investment trust (REIT), is an unincorporated association in the form of a business trust organized in Ohio under a Declaration of Trust dated August 1, 1961. The Company conducts its business through its wholly owned operating partnership, WRT Realty L.P., a Delaware limited partnership. The Company is engaged in the business of owning real property and real estate related assets which it categorize into three reportable segments: (i) the ownership of investment properties including wholly owned properties and investments in joint ventures which own investment properties, which it refer to as operating properties; (ii) the origination and acquisition of senior loans, mezzanine loans and debt securities collateralized directly or indirectly by commercial and multi-family real property, which it refer to as loan assets; and (iii) the ownership of equity and debt interests in other real estate investment trusts (REITs), which it refer to as REIT securities. Its primary sources of income are rental income and tenant recoveries from leases of its operating properties, interest income and discount accretion from its loan assets, and interest and dividend income and appreciation from its investments in REIT securities. The Company competes with many other companies, including other REITs, insurance companies, commercial banks, private investment funds, hedge funds, specialty finance companies and other investors. Its operations and properties are subject to various federal, state and local laws.
Executives
Michael L Ashner director, officer: Chairman & CEO C/O WINTHROP FINANCIAL ASSOCIATES, TWO JERICHO PLAZA WING A, JERICHO NY 11753
Carolyn Tiffany director, officer: President C/O WINTHROP FINANICAL ASSOCIATES, 7 BULFINCH PLACE, SUITE 500, BOSTON MA 02114
Howard Goldberg director
King Street Capital Mgmt Llc 10 percent owner 299 PARK AVENUE, 40TH FLOOR, NEW YORK NY 10171
Brian J Higgins 10 percent owner 65 EAST 55TH STREET, 30TH FLOOR, NEW YORK NY 10022
Biondi O Francis Jr 10 percent owner 65 EAST 55TH STREET, 30TH FLOOR, NEW YORK NY 10022
Talton R Embry director C/O MAGTEN ASSET MANAGEMENT CORP, 410 PARK AVENUE, NEW YORK NY 10022
Bruce R Berkowitz director C/O FAIRHOLME CAPITAL MANAGEMENT, L.L.C., 4400 BISCAYNE BOULEVARD, 9TH FLOOR, MIAMI FL 33137
William A Ackman other: Former 10% Owner 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Gotham Partners Lp /ny/ other: Former 10% owner 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Section H Partners L P other: Fomer 10% Owner 110 EAST 42ND STREET 18TH FL, NEW YORK NY 10017
David P Berkowitz other: Former 10% Owner 110 EAST 42ND STREET 18TH FL, NEW YORK NY 10017
Gotham Parners Iii L P other: Former 10% Owner 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Gotham International Advisors Llc other: Former 10% Owner 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Karenina Corp other: Former 10% Owner 110 EAST 42ND STREET 18TH FLOOR, NEW YORK NY 10017

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