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Montea NV (LTS:0LBY) Cyclically Adjusted PB Ratio : 1.71 (As of May. 22, 2024)


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What is Montea NV Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Montea NV's current share price is €84.50. Montea NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €49.54. Montea NV's Cyclically Adjusted PB Ratio for today is 1.71.

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

LTS:0LBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.23   Max: 2.71
Current: 1.74

During the past years, Montea NV's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 0.11. And the median was 0.23.

LTS:0LBY's Cyclically Adjusted PB Ratio is ranked worse than
80.93% of 493 companies
in the REITs industry
Industry Median: 0.77 vs LTS:0LBY: 1.74

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.

Montea NV's adjusted book value per share data for the three months ended in Mar. 2024 was €77.500. 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 €49.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Montea NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Montea NV'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.

Montea NV Cyclically Adjusted PB Ratio Chart

Montea NV 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 0.18 0.21 0.28 1.62 1.84

Montea NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.76 1.63 1.49 1.84 1.71

Competitive Comparison of Montea NV's Cyclically Adjusted PB Ratio

For the REIT - Industrial subindustry, Montea NV'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.


Montea NV's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Montea NV 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.

Montea NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=84.50/49.54
=1.71

* 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.

Montea NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Montea NV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=77.5/130.5518*130.5518
=77.500

Current CPI (Mar. 2024) = 130.5518.

Montea NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.577 99.482 25.691
201409 19.612 99.195 25.812
201412 19.939 99.086 26.271
201503 20.248 99.423 26.588
201506 20.071 100.107 26.175
201509 20.831 100.245 27.129
201512 21.451 100.572 27.845
201603 22.499 101.653 28.895
201606 21.544 102.267 27.503
201609 22.117 102.118 28.275
201612 24.047 102.614 30.594
201703 24.773 103.972 31.106
201706 23.597 103.902 29.649
201709 27.109 104.170 33.975
201712 27.694 104.804 34.498
201803 28.641 105.419 35.469
201806 28.917 106.063 35.594
201809 33.469 106.618 40.982
201812 32.677 107.252 39.776
201903 39.437 107.876 47.727
201906 39.309 107.896 47.563
201909 40.570 107.470 49.283
201912 43.129 108.065 52.104
202003 43.506 108.550 52.324
202006 44.197 108.540 53.160
202009 47.077 108.441 56.676
202012 50.882 108.511 61.217
202103 55.800 109.522 66.515
202106 56.517 110.305 66.891
202109 59.339 111.543 69.451
202112 62.649 114.705 71.304
202203 66.977 118.620 73.714
202206 71.516 120.948 77.194
202209 73.833 124.120 77.659
202212 72.322 126.578 74.593
202303 71.118 126.528 73.380
202306 71.849 125.973 74.460
202309 74.286 127.083 76.314
202312 75.744 128.292 77.078
202403 77.500 130.552 77.500

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.


Montea NV  (LTS:0LBY) 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.


Montea NV Cyclically Adjusted PB Ratio Related Terms

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


Montea NV (LTS:0LBY) Business Description

Industry
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Address
Industriezone III Zuid, Industrielaan 27 - Box 6, Erembodegem, BEL, 9320
Montea Comm.VA is a real estate investment trust under Belgian law. It is engaged in the development and management of logistics and semi-industrial real estate properties. Geographically its portfolio is located in Belgium, the Netherlands, Germany, and France. The revenue is generated from gross rental income and proceeds resulting from the services and the management of the buildings.

Montea NV (LTS:0LBY) Headlines

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