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Rugby Estates (LSE:RES) Cyclically Adjusted PB Ratio : (As of Jun. 24, 2024)


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What is Rugby Estates Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rugby Estates Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rugby Estates'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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Rugby Estates Cyclically Adjusted PB Ratio Chart

Rugby Estates Annual Data
Trend Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12
Cyclically Adjusted PB Ratio
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Rugby Estates Semi-Annual Data
Jul03 Jan04 Jul04 Jan05 Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12
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Competitive Comparison of Rugby Estates's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Rugby Estates'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.


Rugby Estates's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Rugby Estates 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.

Rugby Estates's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan12 is calculated as:

For example, Rugby Estates's adjusted Book Value per Share data for the fiscal year that ended in Jan12 was:

Adj_Book=Book Value per Share/CPI of Jan12 (Change)*Current CPI (Jan12)
=14.202/94.7000*94.7000
=14.202

Current CPI (Jan12) = 94.7000.

Rugby Estates Annual Data

Book Value per Share CPI Adj_Book
200301 34.278 75.900 42.768
200401 45.812 77.000 56.343
200501 53.304 78.300 64.469
200601 60.846 80.000 72.026
200701 110.735 82.100 127.730
200801 76.418 84.100 86.050
200901 57.825 86.600 63.234
201001 46.651 88.800 49.751
201101 31.820 91.800 32.825
201201 14.202 94.700 14.202

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.


Rugby Estates  (LSE:RES) 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.


Rugby Estates Cyclically Adjusted PB Ratio Related Terms

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Rugby Estates (LSE:RES) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rugby Estates PLC carries on the business of property trading, management and investment within the United Kingdom. It operates in two principal business segments. Rugby Capital deals with its property trading and development activities including the group's directly-owned portfolio and collaborative ventures substantially involving the group's equity. Rugby Asset Management deals with its co-investment and asset management activities. The Company operates within the United Kingdom.

Rugby Estates (LSE:RES) Headlines