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CatchMark Timber Trust (CatchMark Timber Trust) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is CatchMark Timber Trust Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CatchMark Timber Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CatchMark Timber 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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CatchMark Timber Trust Cyclically Adjusted PB Ratio Chart

CatchMark Timber Trust Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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CatchMark Timber Trust Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of CatchMark Timber Trust's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, CatchMark Timber 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.


CatchMark Timber Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



CatchMark Timber 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.

CatchMark Timber Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, CatchMark Timber Trust's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book=Book Value per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=4.082/125.0168*125.0168
=4.082

Current CPI (Jun. 2022) = 125.0168.

CatchMark Timber Trust Quarterly Data

Book Value per Share CPI Adj_Book
201209 52.118 97.633 66.736
201212 51.039 96.871 65.868
201303 50.342 98.209 64.083
201306 6.745 98.518 8.559
201309 6.608 98.790 8.362
201312 11.966 98.326 15.214
201403 11.868 99.695 14.882
201406 11.616 100.560 14.441
201409 11.388 100.428 14.176
201412 11.299 99.070 14.258
201503 11.080 99.621 13.905
201506 10.933 100.684 13.575
201509 10.738 100.392 13.372
201512 10.546 99.792 13.212
201603 10.367 100.470 12.900
201606 10.133 101.688 12.458
201609 9.935 101.861 12.193
201612 9.822 101.863 12.055
201703 9.619 102.862 11.691
201706 9.419 103.349 11.394
201709 9.185 104.136 11.027
201712 9.266 104.011 11.137
201803 9.444 105.290 11.213
201806 9.318 106.317 10.957
201809 7.604 106.507 8.926
201812 6.547 105.998 7.722
201903 5.705 107.251 6.650
201906 4.799 108.070 5.552
201909 4.183 108.329 4.827
201912 3.931 108.420 4.533
202003 3.180 108.902 3.651
202006 2.881 108.767 3.311
202009 2.748 109.815 3.128
202012 2.641 109.897 3.004
202103 2.807 111.754 3.140
202106 2.628 114.631 2.866
202109 3.028 115.734 3.271
202112 3.718 117.630 3.951
202203 4.050 121.301 4.174
202206 4.082 125.017 4.082

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.


CatchMark Timber Trust  (NYSE:CTT) 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.


CatchMark Timber Trust Cyclically Adjusted PB Ratio Related Terms

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CatchMark Timber Trust (CatchMark Timber Trust) Business Description

Traded in Other Exchanges
N/A
Address
5 Concourse Parkway, Suite 2650, Atlanta, GA, USA, 30328
CatchMark Timber Trust Inc is a United States-based real estate investment trust. The company acquires, owns, operates, manages, and disposes of timberland properties. The company's operating segments are Harvest, Real Estate, and Investment Management. The majority of its revenue comes from the Harvest segment, which includes wholly-owned timber assets and associated timber sales.
Executives
Brian M Davis officer: Senior VP and CFO 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Ursula Godoy-arbelaez officer: CFO, SVP and Treasurer 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
James M Decosmo director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Tim E Bentsen director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Donald S Moss director 9165 ETCHING OVERLOOK, DULUTH GA 30097
Henry G Zigtema director 2620 FLINT CREEK DRIVE CUMMING GA 30041
Jerry Barag officer: President & CEO 427 LANGLEY OAK DRIVE MARIETTA GA 30067
Todd Reitz officer: SVP, Forest Resources 4870 HANSARD DR CUMMING GA 30040
Paul S Fisher director
Lesley H Solomon officer: General Counsel 1666 DUNCAN DRIVE ATLANTA GA 30318
Mary E Mcbride director 6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Douglas Rubenstein director C/O CATCHMARK TIMBER TRUST INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
John F Rasor officer: COO and Secretary
Willis J Potts director C/O CATCHMARK TIMBER TRUST, INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Alan D Gold director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128