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G City (G City) Cyclically Adjusted PB Ratio : 0.23 (As of Apr. 30, 2024)


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What is G City Cyclically Adjusted PB Ratio?

As of today (2024-04-30), G City's current share price is $2.90. G City's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.42. G City's Cyclically Adjusted PB Ratio for today is 0.23.

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

GZTGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.45   Max: 0.93
Current: 0.23

During the past years, G City's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.19. And the median was 0.45.

GZTGF's Cyclically Adjusted PB Ratio is ranked better than
78.91% of 1299 companies
in the Real Estate industry
Industry Median: 0.66 vs GZTGF: 0.23

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.

G City's adjusted book value per share data for the three months ended in Dec. 2023 was $6.906. 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 $12.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


G City Cyclically Adjusted PB Ratio Historical Data

The historical data trend for G City'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.

G City Cyclically Adjusted PB Ratio Chart

G City 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 0.80 0.44 0.50 0.22 0.25

G City 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 0.22 0.24 0.25 0.24 0.25

Competitive Comparison of G City's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, G City'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.


G City's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



G City 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.

G City's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.90/12.42
=0.23

* 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.

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

For example, G City'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)
=6.906/129.4194*129.4194
=6.906

Current CPI (Dec. 2023) = 129.4194.

G City Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.195 99.695 15.831
201406 11.615 100.560 14.948
201409 11.699 100.428 15.076
201412 11.953 99.070 15.615
201503 11.681 99.621 15.175
201506 11.103 100.684 14.272
201509 9.684 100.392 12.484
201512 10.213 99.792 13.245
201603 10.031 100.470 12.921
201606 10.696 101.688 13.613
201609 10.651 101.861 13.533
201612 11.088 101.863 14.088
201703 12.346 102.862 15.534
201706 12.284 103.349 15.383
201709 12.870 104.136 15.995
201712 13.648 104.011 16.982
201803 13.345 105.290 16.403
201806 12.800 106.317 15.581
201809 12.517 106.507 15.210
201812 12.885 105.998 15.732
201903 12.134 107.251 14.642
201906 12.033 108.070 14.410
201909 11.328 108.329 13.533
201912 11.802 108.420 14.088
202003 9.286 108.902 11.036
202006 9.594 108.767 11.416
202009 10.020 109.815 11.809
202012 9.767 109.897 11.502
202103 10.053 111.754 11.642
202106 10.243 114.631 11.564
202109 9.586 115.734 10.720
202112 9.294 117.630 10.226
202203 9.422 121.301 10.053
202206 9.607 125.017 9.945
202209 9.064 125.227 9.367
202212 8.001 125.222 8.269
202303 7.545 127.348 7.668
202306 8.032 128.729 8.075
202309 7.437 129.860 7.412
202312 6.906 129.419 6.906

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.


G City  (OTCPK:GZTGF) 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.


G City Cyclically Adjusted PB Ratio Related Terms

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


G City (G City) Business Description

Industry
Traded in Other Exchanges
Address
Nisim Aloni 10, Tel-Aviv, ISR, 62919
G City Ltd is a developer and operator of various types of properties in major urban markets around the globe. The company is involved in the purchase, improvement, development, and management of income-producing real estate, including retail, office, and residential properties. It operates through five reportable business units based on geographical region: Northern Europe, Central-Eastern Europe, Israel, Brazil, United States, and Other segments. Over half the company's sales are generated in Northern Europe.