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PAZRF (Plaza Retail REIT) Cyclically Adjusted PB Ratio : 0.72 (As of May. 29, 2025)


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What is Plaza Retail REIT Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Plaza Retail REIT's current share price is $2.68. Plaza Retail REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $3.72. Plaza Retail REIT's Cyclically Adjusted PB Ratio for today is 0.72.

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

PAZRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.01   Max: 2.19
Current: 0.71

During the past years, Plaza Retail REIT's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 0.65. And the median was 1.01.

PAZRF's Cyclically Adjusted PB Ratio is ranked better than
56.45% of 519 companies
in the REITs industry
Industry Median: 0.8 vs PAZRF: 0.71

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.

Plaza Retail REIT's adjusted book value per share data for the three months ended in Mar. 2025 was $3.422. 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 $3.72 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plaza Retail REIT Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Plaza Retail REIT'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.

Plaza Retail REIT Cyclically Adjusted PB Ratio Chart

Plaza Retail REIT 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 0.82 1.00 0.89 0.70 0.67

Plaza Retail REIT 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 0.68 0.64 0.73 0.67 0.70

Competitive Comparison of Plaza Retail REIT's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Plaza Retail REIT'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.


Plaza Retail REIT's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Plaza Retail REIT's Cyclically Adjusted PB Ratio falls into.


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Plaza Retail REIT 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.

Plaza Retail REIT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.68/3.72
=0.72

* 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.

Plaza Retail REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Plaza Retail REIT'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)
=3.422/129.1809*129.1809
=3.422

Current CPI (Mar. 2025) = 129.1809.

Plaza Retail REIT Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.601 100.500 4.629
201509 3.383 100.421 4.352
201512 3.264 99.947 4.219
201603 3.365 101.054 4.302
201606 3.491 102.002 4.421
201609 3.442 101.765 4.369
201612 3.409 101.449 4.341
201703 3.356 102.634 4.224
201706 3.373 103.029 4.229
201709 3.658 103.345 4.573
201712 3.537 103.345 4.421
201803 3.413 105.004 4.199
201806 3.362 105.557 4.114
201809 3.383 105.636 4.137
201812 3.237 105.399 3.967
201903 3.319 106.979 4.008
201906 3.411 107.690 4.092
201909 3.445 107.611 4.136
201912 3.472 107.769 4.162
202003 3.212 107.927 3.845
202006 3.031 108.401 3.612
202009 3.120 108.164 3.726
202012 3.239 108.559 3.854
202103 3.340 110.298 3.912
202106 3.531 111.720 4.083
202109 3.565 112.905 4.079
202112 3.788 113.774 4.301
202203 3.972 117.646 4.361
202206 3.927 120.806 4.199
202209 3.770 120.648 4.037
202212 3.752 120.964 4.007
202303 3.690 122.702 3.885
202306 3.836 124.203 3.990
202309 3.737 125.230 3.855
202312 3.691 125.072 3.812
202403 3.669 126.258 3.754
202406 3.588 127.522 3.635
202409 3.613 127.285 3.667
202412 3.438 127.364 3.487
202503 3.422 129.181 3.422

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.


Plaza Retail REIT  (OTCPK:PAZRF) 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.


Plaza Retail REIT Cyclically Adjusted PB Ratio Related Terms

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


Plaza Retail REIT Business Description

Industry
Traded in Other Exchanges
Address
98 Main Street, Fredericton, NB, CAN, E3A 9N6
Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Its portfolio largely consists of open-air centres, Freestanding Quick Service Restaurants, Freestanding or Anchored Grocery or Pharmacy and is predominantly occupied by national tenants.

Plaza Retail REIT Headlines

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