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TCI (Transcontinental Realty Investors) Cyclically Adjusted PB Ratio : 0.65 (As of May. 27, 2025)


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What is Transcontinental Realty Investors Cyclically Adjusted PB Ratio?

As of today (2025-05-27), Transcontinental Realty Investors's current share price is $36.13. Transcontinental Realty Investors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $55.98. Transcontinental Realty Investors's Cyclically Adjusted PB Ratio for today is 0.65.

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

TCI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.96   Max: 2.06
Current: 0.6

During the past years, Transcontinental Realty Investors's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.30. And the median was 0.96.

TCI's Cyclically Adjusted PB Ratio is ranked better than
54.59% of 1317 companies
in the Real Estate industry
Industry Median: 0.68 vs TCI: 0.60

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.

Transcontinental Realty Investors's adjusted book value per share data for the three months ended in Mar. 2025 was $96.916. 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 $55.98 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transcontinental Realty Investors Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Transcontinental Realty Investors'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.

Transcontinental Realty Investors Cyclically Adjusted PB Ratio Chart

Transcontinental Realty Investors 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 0.93 1.30 1.20 0.76 0.56

Transcontinental Realty Investors 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 0.78 0.55 0.55 0.56 0.50

Competitive Comparison of Transcontinental Realty Investors's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Transcontinental Realty Investors'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.


Transcontinental Realty Investors's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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


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Transcontinental Realty Investors 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.

Transcontinental Realty Investors's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.13/55.98
=0.65

* 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.

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

For example, Transcontinental Realty Investors'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)
=96.916/134.9266*134.9266
=96.916

Current CPI (Mar. 2025) = 134.9266.

Transcontinental Realty Investors Quarterly Data

Book Value per Share CPI Adj_Book
201506 24.671 100.684 33.062
201509 23.888 100.392 32.106
201512 23.715 99.792 32.064
201603 23.283 100.470 31.268
201606 23.792 101.688 31.569
201609 23.245 101.861 30.791
201612 23.616 101.863 31.282
201703 23.002 102.862 30.172
201706 21.782 103.349 28.437
201709 22.568 104.136 29.241
201712 21.699 104.011 28.149
201803 21.646 105.290 27.739
201806 22.452 106.317 28.494
201809 24.973 106.507 31.637
201812 41.262 105.998 52.523
201903 40.611 107.251 51.091
201906 39.878 108.070 49.788
201909 38.975 108.329 48.544
201912 38.151 108.420 47.478
202003 38.680 108.902 47.924
202006 38.203 108.767 47.391
202009 39.086 109.815 48.024
202012 39.566 109.897 48.577
202103 42.185 111.754 50.932
202106 38.628 114.631 45.467
202109 41.666 115.734 48.576
202112 40.653 117.630 46.631
202203 42.332 121.301 47.087
202206 44.238 125.017 47.745
202209 88.033 125.227 94.852
202212 94.857 125.222 102.209
202303 95.264 127.348 100.933
202306 95.325 128.729 99.915
202309 95.840 129.860 99.580
202312 95.614 129.419 99.683
202403 95.943 131.776 98.237
202406 96.117 132.554 97.838
202409 96.327 133.029 97.701
202412 96.340 133.157 97.620
202503 96.916 134.927 96.916

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.


Transcontinental Realty Investors  (NYSE:TCI) 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.


Transcontinental Realty Investors Cyclically Adjusted PB Ratio Related Terms

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


Transcontinental Realty Investors Business Description

Traded in Other Exchanges
N/A
Address
1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, USA, 75234
Transcontinental Realty Investors Inc is a fully integrated externally managed real estate company. It operates multifamily and commercial properties throughout the southern United States and also invests in mortgage notes receivable and in the land that is either held for appreciation or development. The company has two business segments: the acquisition, development, ownership, and management of multifamily properties which include the rental of apartments (Residential Segment) and other tenant services, including parking and storage space rental, and the acquisition, development, ownership, and management of commercial properties which are office properties(Commercial Segment). It includes the rental of office space and other tenant services, including parking and storage space rental.
Executives
Louis J Corna officer: EVP, GC/Tax Counsel& Secretary 1800 VALLEY VIEW LANE, DALLAS TX 75234
Erik L Johnson officer: Ex. Vice President and CFO
Daniel J Moos officer: President and CEO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
American Realty Investors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Transcontinental Realty Acquisition Corp 10 percent owner 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Eqk Holdings Inc 10 percent owner 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Rl S Lemke director, officer: Vice President 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Basic Capital Management Inc 10 percent owner
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Transcontinental Realty Investors Inc officer: Exec.V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234