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Rexford Industrial Realty (MEX:REXR) Cyclically Adjusted PB Ratio : 1.46 (As of Jun. 03, 2025)


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What is Rexford Industrial Realty Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Rexford Industrial Realty's current share price is MXN1010.00. Rexford Industrial Realty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN690.88. Rexford Industrial Realty's Cyclically Adjusted PB Ratio for today is 1.46.

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

MEX:REXR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.44   Max: 4.78
Current: 1.32

During the past years, Rexford Industrial Realty's highest Cyclically Adjusted PB Ratio was 4.78. The lowest was 1.21. And the median was 2.44.

MEX:REXR's Cyclically Adjusted PB Ratio is ranked worse than
75.96% of 520 companies
in the REITs industry
Industry Median: 0.815 vs MEX:REXR: 1.32

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.

Rexford Industrial Realty's adjusted book value per share data for the three months ended in Mar. 2025 was MXN749.082. 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 MXN690.88 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rexford Industrial Realty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rexford Industrial Realty'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.

Rexford Industrial Realty Cyclically Adjusted PB Ratio Chart

Rexford Industrial Realty 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 - 4.69 2.76 2.41 1.49

Rexford Industrial Realty 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 2.08 1.80 1.98 1.49 1.46

Competitive Comparison of Rexford Industrial Realty's Cyclically Adjusted PB Ratio

For the REIT - Industrial subindustry, Rexford Industrial Realty'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.


Rexford Industrial Realty's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Rexford Industrial Realty's Cyclically Adjusted PB Ratio falls into.


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Rexford Industrial Realty 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.

Rexford Industrial Realty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1010.00/690.88
=1.46

* 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.

Rexford Industrial Realty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Rexford Industrial Realty'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)
=749.082/134.9266*134.9266
=749.082

Current CPI (Mar. 2025) = 134.9266.

Rexford Industrial Realty Quarterly Data

Book Value per Share CPI Adj_Book
201506 194.826 100.684 261.087
201509 207.095 100.392 278.337
201512 209.127 99.792 282.755
201603 206.999 100.470 277.989
201606 236.687 101.688 314.052
201609 244.913 101.861 324.415
201612 265.682 101.863 351.920
201703 241.747 102.862 317.105
201706 247.598 103.349 323.250
201709 269.905 104.136 349.711
201712 296.037 104.011 384.029
201803 279.623 105.290 358.332
201806 335.549 106.317 425.845
201809 321.908 106.507 407.805
201812 348.238 105.998 443.278
201903 362.645 107.251 456.226
201906 375.074 108.070 468.286
201909 388.050 108.329 483.325
201912 383.496 108.420 477.253
202003 477.833 108.902 592.025
202006 494.376 108.767 613.277
202009 473.560 109.815 581.850
202012 454.491 109.897 558.005
202103 475.877 111.754 574.550
202106 477.796 114.631 562.389
202109 554.543 115.734 646.503
202112 591.594 117.630 678.586
202203 595.196 121.301 662.054
202206 627.890 125.017 677.661
202209 664.206 125.227 715.656
202212 659.914 125.222 711.058
202303 631.205 127.348 668.770
202306 599.623 128.729 628.493
202309 617.207 129.860 641.290
202312 608.418 129.419 634.308
202403 600.278 131.776 614.629
202406 661.857 132.554 673.705
202409 709.990 133.029 720.118
202412 756.187 133.157 766.236
202503 749.082 134.927 749.082

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.


Rexford Industrial Realty  (MEX:REXR) 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.


Rexford Industrial Realty Cyclically Adjusted PB Ratio Related Terms

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


Rexford Industrial Realty Business Description

Address
11620 Wilshire Boulevard, Suite 1000, Los Angeles, CA, USA, 90025
Rexford Industrial Realty Inc is a real estate investment trust engaged in owning, operating, and acquiring industrial properties in Southern California infill markets. The goal is to generate attractive risk-adjusted returns for stockholders by providing superior access to industrial property investments in Southern California infill markets. It has one operating segment business of investing in, operating, and repositioning/redeveloping industrial real estate properties located in Southern California infill markets.