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Green Brick Partners (STU:2G1) Cyclically Adjusted PB Ratio : 3.90 (As of May. 24, 2024)


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What is Green Brick Partners Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Green Brick Partners's current share price is €49.87. Green Brick Partners's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.80. Green Brick Partners's Cyclically Adjusted PB Ratio for today is 3.90.

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

STU:2G1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.41   Max: 4.86
Current: 3.88

During the past years, Green Brick Partners's highest Cyclically Adjusted PB Ratio was 4.86. The lowest was 0.35. And the median was 1.41.

STU:2G1's Cyclically Adjusted PB Ratio is ranked worse than
84.62% of 78 companies
in the Homebuilding & Construction industry
Industry Median: 1.42 vs STU:2G1: 3.88

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.

Green Brick Partners's adjusted book value per share data for the three months ended in Mar. 2024 was €27.293. 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 €12.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Brick Partners Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Green Brick Partners'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.

Green Brick Partners Cyclically Adjusted PB Ratio Chart

Green Brick Partners 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 1.03 2.60 3.21 2.22 3.94

Green Brick Partners 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 3.06 4.73 3.29 3.94 4.28

Competitive Comparison of Green Brick Partners's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, Green Brick Partners'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.


Green Brick Partners's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Green Brick Partners's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Green Brick Partners's Cyclically Adjusted PB Ratio falls into.



Green Brick Partners 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.

Green Brick Partners's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.87/12.8
=3.90

* 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.

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

For example, Green Brick Partners'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)
=27.293/131.7762*131.7762
=27.293

Current CPI (Mar. 2024) = 131.7762.

Green Brick Partners Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.386 100.560 1.816
201409 2.034 100.428 2.669
201412 4.446 99.070 5.914
201503 5.187 99.621 6.861
201506 5.109 100.684 6.687
201509 6.439 100.392 8.452
201512 6.759 99.792 8.925
201603 6.673 100.470 8.752
201606 6.733 101.688 8.725
201609 6.857 101.861 8.871
201612 7.447 101.863 9.634
201703 7.471 102.862 9.571
201706 7.248 103.349 9.242
201709 7.036 104.136 8.904
201712 6.953 104.011 8.809
201803 6.854 105.290 8.578
201806 7.482 106.317 9.274
201809 7.700 106.507 9.527
201812 8.139 105.998 10.118
201903 8.398 107.251 10.318
201906 8.615 108.070 10.505
201909 9.149 108.329 11.129
201912 9.326 108.420 11.335
202003 9.708 108.902 11.747
202006 10.092 108.767 12.227
202009 10.224 109.815 12.269
202012 10.388 109.897 12.456
202103 11.029 111.754 13.005
202106 11.730 114.631 13.484
202109 12.840 115.734 14.620
202112 14.416 117.630 16.150
202203 15.807 121.301 17.172
202206 18.315 125.017 19.305
202209 21.095 125.227 22.198
202212 20.798 125.222 21.887
202303 21.775 127.348 22.532
202306 22.911 128.729 23.453
202309 24.729 129.860 25.094
202312 25.532 129.419 25.997
202403 27.293 131.776 27.293

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.


Green Brick Partners  (STU:2G1) 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.


Green Brick Partners Cyclically Adjusted PB Ratio Related Terms

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


Green Brick Partners (STU:2G1) Business Description

Traded in Other Exchanges
Address
2805 Dallas Parkway, Suite 400, Plano, TX, USA, 75093
Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of company's revenue is generated from the builder operations central segment that is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.

Green Brick Partners (STU:2G1) Headlines

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