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W.P. Carey (MEX:WPC) Cyclically Adjusted PB Ratio : 1.45 (As of May. 22, 2025)


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What is W.P. Carey Cyclically Adjusted PB Ratio?

As of today (2025-05-22), W.P. Carey's current share price is MXN1163.75. W.P. Carey's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN802.32. W.P. Carey's Cyclically Adjusted PB Ratio for today is 1.45.

The historical rank and industry rank for W.P. Carey's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:WPC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.16   Max: 3
Current: 1.37

During the past years, W.P. Carey's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 1.18. And the median was 2.16.

MEX:WPC's Cyclically Adjusted PB Ratio is ranked worse than
77.59% of 522 companies
in the REITs industry
Industry Median: 0.8 vs MEX:WPC: 1.37

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.

W.P. Carey's adjusted book value per share data for the three months ended in Mar. 2025 was MXN781.268. 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 MXN802.32 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


W.P. Carey Cyclically Adjusted PB Ratio Historical Data

The historical data trend for W.P. Carey'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.

W.P. Carey Cyclically Adjusted PB Ratio Chart

W.P. Carey 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 2.06 2.12 1.85 1.49 1.25

W.P. Carey 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 1.28 1.25 1.42 1.25 1.43

Competitive Comparison of W.P. Carey's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, W.P. Carey'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.


W.P. Carey's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, W.P. Carey's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where W.P. Carey's Cyclically Adjusted PB Ratio falls into.


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W.P. Carey 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.

W.P. Carey's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1163.75/802.32
=1.45

* 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.

W.P. Carey's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, W.P. Carey'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)
=781.268/134.9266*134.9266
=781.268

Current CPI (Mar. 2025) = 134.9266.

W.P. Carey Quarterly Data

Book Value per Share CPI Adj_Book
201506 541.002 100.684 724.997
201509 564.170 100.392 758.247
201512 564.213 99.792 762.857
201603 557.790 100.470 749.083
201606 585.969 101.688 777.503
201609 615.652 101.861 815.502
201612 640.398 101.863 848.267
201703 575.598 102.862 755.024
201706 547.628 103.349 714.951
201709 548.113 104.136 710.180
201712 586.351 104.011 760.634
201803 533.709 105.290 683.938
201806 568.200 106.317 721.102
201809 534.161 106.507 676.695
201812 810.713 105.998 1,031.971
201903 801.742 107.251 1,008.632
201906 785.694 108.070 980.952
201909 797.365 108.329 993.135
201912 759.962 108.420 945.757
202003 920.895 108.902 1,140.969
202006 902.735 108.767 1,119.849
202009 867.502 109.815 1,065.876
202012 779.875 109.897 957.497
202103 793.225 111.754 957.700
202106 788.567 114.631 928.181
202109 815.155 115.734 950.333
202112 818.533 117.630 938.896
202203 796.151 121.301 885.582
202206 796.808 125.017 859.969
202209 850.807 125.227 916.711
202212 832.491 125.222 897.010
202303 783.862 127.348 830.512
202306 739.819 128.729 775.439
202309 743.764 129.860 772.786
202312 675.365 129.419 704.104
202403 657.790 131.776 673.516
202406 722.724 132.554 735.661
202409 771.919 133.029 782.931
202412 803.326 133.157 814.001
202503 781.268 134.927 781.268

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.


W.P. Carey  (MEX:WPC) 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.


W.P. Carey Cyclically Adjusted PB Ratio Related Terms

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


W.P. Carey Business Description

Industry
Traded in Other Exchanges
Address
One Manhattan West, 395 9th Avenue, 58th Floor, New York, NY, USA, 10001
W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey's real estate portfolio is primarily comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. majority of the company's revenue comes from properties in the USA. Its Investment Management unit generates revenue from providing real estate advisory and portfolio management services to other REITs.