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HRUFF (H&R Real Estate Investment Trust) Cyclically Adjusted PB Ratio : 0.33 (As of Jun. 01, 2025)


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What is H&R Real Estate Investment Trust Cyclically Adjusted PB Ratio?

As of today (2025-06-01), H&R Real Estate Investment Trust's current share price is $7.62. H&R Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $23.42. H&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.33.

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

HRUFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.53   Max: 1.11
Current: 0.31

During the past years, H&R Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 1.11. The lowest was 0.27. And the median was 0.53.

HRUFF's Cyclically Adjusted PB Ratio is ranked better than
85.6% of 521 companies
in the REITs industry
Industry Median: 0.79 vs HRUFF: 0.31

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.

H&R Real Estate Investment Trust's adjusted book value per share data for the three months ended in Mar. 2025 was $13.775. 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 $23.42 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


H&R Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for H&R 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.

H&R Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

H&R Real Estate Investment Trust 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 0.44 0.50 0.45 0.33 0.28

H&R Real Estate Investment Trust 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 0.31 0.30 0.38 0.28 0.30

Competitive Comparison of H&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, H&R 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.


H&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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


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H&R 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.

H&R 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
=7.62/23.42
=0.33

* 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.

H&R Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, H&R Real Estate Investment Trust'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)
=13.775/129.1809*129.1809
=13.775

Current CPI (Mar. 2025) = 129.1809.

H&R Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201506 19.546 100.500 25.124
201509 18.627 100.421 23.962
201512 17.796 99.947 23.001
201603 18.022 101.054 23.038
201606 18.457 102.002 23.375
201609 18.270 101.765 23.192
201612 18.001 101.449 22.922
201703 18.083 102.634 22.760
201706 18.212 103.029 22.835
201709 19.421 103.345 24.276
201712 19.301 103.345 24.126
201803 19.128 105.004 23.532
201806 19.004 105.557 23.257
201809 19.063 105.636 23.312
201812 18.758 105.399 22.990
201903 18.429 106.979 22.254
201906 18.461 107.690 22.145
201909 18.504 107.611 22.213
201912 18.657 107.769 22.364
202003 15.395 107.927 18.427
202006 15.506 108.401 18.478
202009 16.219 108.164 19.370
202012 16.523 108.559 19.662
202103 17.072 110.298 19.995
202106 17.510 111.720 20.247
202109 17.347 112.905 19.848
202112 12.930 113.774 14.681
202203 15.704 117.646 17.244
202206 16.353 120.806 17.487
202209 16.142 120.648 17.284
202212 15.192 120.964 16.224
202303 15.141 122.702 15.940
202306 15.119 124.203 15.725
202309 15.240 125.230 15.721
202312 120.403 125.072 124.358
202403 14.905 126.258 15.250
202406 14.028 127.522 14.211
202409 13.877 127.285 14.084
202412 118.049 127.364 119.733
202503 13.775 129.181 13.775

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.


H&R Real Estate Investment Trust  (OTCPK:HRUFF) 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.


H&R Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

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


H&R Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
3625 Dufferin Street, Suite 500, Toronto, ON, CAN, M3K 1N4
H&R Real Estate Investment Trust is a real estate investment trust principally involved in the ownership of properties in Canada and the U.S. The REIT has four reportable operating segments- Residential, Industrial, Office and Retail, in two geographical locations -Canada and the United States. The operating segments derive their revenue from rental income from leases. The majority of this income is generated by its United States properties. In terms of property type, H&R's Office contribute to its total revenue.