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Parkit Enterprise (TSXV:PKT) Cyclically Adjusted PB Ratio : 0.62 (As of Jun. 02, 2025)


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What is Parkit Enterprise Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Parkit Enterprise's current share price is C$0.43. Parkit Enterprise's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$0.69. Parkit Enterprise's Cyclically Adjusted PB Ratio for today is 0.62.

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

TSXV:PKT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.42   Max: 9.32
Current: 0.63

During the past years, Parkit Enterprise's highest Cyclically Adjusted PB Ratio was 9.32. The lowest was 0.45. And the median was 1.42.

TSXV:PKT's Cyclically Adjusted PB Ratio is ranked better than
53.46% of 1343 companies
in the Real Estate industry
Industry Median: 0.69 vs TSXV:PKT: 0.63

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.

Parkit Enterprise's adjusted book value per share data for the three months ended in Mar. 2025 was C$0.640. 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 C$0.69 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Parkit Enterprise Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Parkit Enterprise'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.

Parkit Enterprise Cyclically Adjusted PB Ratio Chart

Parkit Enterprise Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 5.26 2.75 1.12 0.77

Parkit Enterprise Quarterly Data
Apr20 Jul20 Oct20 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 1.03 0.81 1.05 0.77 0.60

Competitive Comparison of Parkit Enterprise's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Parkit Enterprise'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.


Parkit Enterprise's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Parkit Enterprise's Cyclically Adjusted PB Ratio falls into.


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Parkit Enterprise 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.

Parkit Enterprise's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.43/0.69
=0.62

* 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.

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

For example, Parkit Enterprise'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)
=0.64/129.1809*129.1809
=0.640

Current CPI (Mar. 2025) = 129.1809.

Parkit Enterprise Quarterly Data

Book Value per Share CPI Adj_Book
201504 0.461 99.710 0.597
201507 0.511 100.579 0.656
201510 0.502 100.500 0.645
201601 0.510 100.184 0.658
201604 0.512 101.370 0.652
201607 0.531 101.844 0.674
201610 0.514 102.002 0.651
201701 0.515 102.318 0.650
201704 0.531 103.029 0.666
201707 0.531 103.029 0.666
201710 0.532 103.424 0.664
201801 0.524 104.056 0.651
201804 0.529 105.320 0.649
201807 0.541 106.110 0.659
201810 0.637 105.952 0.777
201901 0.609 105.557 0.745
201904 0.596 107.453 0.717
201907 0.596 108.243 0.711
201910 0.592 107.927 0.709
202001 0.589 108.085 0.704
202004 0.578 107.216 0.696
202007 0.564 108.401 0.672
202010 0.439 108.638 0.522
202103 0.666 110.298 0.780
202106 0.666 111.720 0.770
202109 0.663 112.905 0.759
202112 0.675 113.774 0.766
202203 0.678 117.646 0.744
202206 0.691 120.806 0.739
202209 0.684 120.648 0.732
202212 0.676 120.964 0.722
202303 0.671 122.702 0.706
202306 0.675 124.203 0.702
202309 0.671 125.230 0.692
202312 0.655 125.072 0.677
202403 0.655 126.258 0.670
202406 0.655 127.522 0.664
202409 0.645 127.285 0.655
202412 0.645 127.364 0.654
202503 0.640 129.181 0.640

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.


Parkit Enterprise  (TSXV:PKT) 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.


Parkit Enterprise Cyclically Adjusted PB Ratio Related Terms

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


Parkit Enterprise Business Description

Traded in Other Exchanges
Address
100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an investment real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States. Majority of revenue is from Investment Properties.
Executives
Bradley Roy Dunkley Director
Robert Blair Tamblyn Director
Parkit Enterprise Inc. 10% Security Holder
Steven Robert Scott Director
Iqbal Khan Director, Senior Officer
Access Self Storage Inc. 10% Security Holder
Avi Geller Director, Senior Officer
David Delaney Director
Elie Norowitz Director

Parkit Enterprise Headlines

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