GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » One Liberty Properties Inc (STU:O1A) » Definitions » Cyclically Adjusted PB Ratio

One Liberty Properties (STU:O1A) Cyclically Adjusted PB Ratio : 1.26 (As of Jun. 19, 2024)


View and export this data going back to 2024. Start your Free Trial

What is One Liberty Properties Cyclically Adjusted PB Ratio?

As of today (2024-06-19), One Liberty Properties's current share price is €21.80. One Liberty Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €17.26. One Liberty Properties's Cyclically Adjusted PB Ratio for today is 1.26.

The historical rank and industry rank for One Liberty Properties's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:O1A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.33   Max: 1.98
Current: 1.29

During the past years, One Liberty Properties's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.74. And the median was 1.33.

STU:O1A's Cyclically Adjusted PB Ratio is ranked worse than
72.87% of 494 companies
in the REITs industry
Industry Median: 0.735 vs STU:O1A: 1.29

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.

One Liberty Properties's adjusted book value per share data for the three months ended in Mar. 2024 was €13.663. 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 €17.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


One Liberty Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for One Liberty Properties'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.

One Liberty Properties Cyclically Adjusted PB Ratio Chart

One Liberty Properties 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 1.57 1.17 1.97 1.20 1.18

One Liberty Properties 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 1.22 1.08 1.00 1.18 1.21

Competitive Comparison of One Liberty Properties's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, One Liberty Properties'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.


One Liberty Properties's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, One Liberty Properties's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where One Liberty Properties's Cyclically Adjusted PB Ratio falls into.



One Liberty Properties 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.

One Liberty Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.80/17.26
=1.26

* 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.

One Liberty Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, One Liberty Properties'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)
=13.663/131.7762*131.7762
=13.663

Current CPI (Mar. 2024) = 131.7762.

One Liberty Properties Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.793 100.560 15.454
201409 12.313 100.428 16.156
201412 13.112 99.070 17.441
201503 14.957 99.621 19.785
201506 14.406 100.684 18.855
201509 14.159 100.392 18.585
201512 14.678 99.792 19.382
201603 13.938 100.470 18.281
201606 14.098 101.688 18.269
201609 14.224 101.861 18.401
201612 15.628 101.863 20.217
201703 15.153 102.862 19.412
201706 14.548 103.349 18.550
201709 13.670 104.136 17.298
201712 13.732 104.011 17.398
201803 13.157 105.290 16.467
201806 13.838 106.317 17.152
201809 14.050 106.507 17.383
201812 13.941 105.998 17.331
201903 13.735 107.251 16.876
201906 13.566 108.070 16.542
201909 13.754 108.329 16.731
201912 13.593 108.420 16.521
202003 13.350 108.902 16.154
202006 12.862 108.767 15.583
202009 12.573 109.815 15.087
202012 12.023 109.897 14.417
202103 12.059 111.754 14.219
202106 12.591 114.631 14.474
202109 12.813 115.734 14.589
202112 13.351 117.630 14.957
202203 13.755 121.301 14.943
202206 14.701 125.017 15.496
202209 15.629 125.227 16.446
202212 14.649 125.222 15.416
202303 14.261 127.348 14.757
202306 14.018 128.729 14.350
202309 13.870 129.860 14.075
202312 13.839 129.419 14.091
202403 13.663 131.776 13.663

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.


One Liberty Properties  (STU:O1A) 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.


One Liberty Properties Cyclically Adjusted PB Ratio Related Terms

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


One Liberty Properties (STU:O1A) Business Description

Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
One Liberty Properties Inc is a self-administered and self-managed real estate investment trust. It acquires, owns, and manages a geographically diversified portfolio of industrial, retail, restaurant, health and fitness, and theater properties. The group generates the majority of its revenue in the form of rental income.

One Liberty Properties (STU:O1A) Headlines

No Headlines