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As of today (2025-05-25), Veris Residential's current share price is $14.58. Veris Residential's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $18.42. Veris Residential's Cyclically Adjusted PB Ratio for today is 0.79.
The historical rank and industry rank for Veris Residential's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Veris Residential's highest Cyclically Adjusted PB Ratio was 1.30. The lowest was 0.52. And the median was 0.88.
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.
Veris Residential's adjusted book value per share data for the three months ended in Mar. 2025 was $11.579. 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 $18.42 for the trailing ten years ended in Mar. 2025.
The historical data trend for Veris Residential'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.
Veris Residential Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial |
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0.63 | 0.93 | 0.81 | 0.82 | 0.90 |
Veris Residential 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 |
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0.79 | 0.79 | 0.95 | 0.90 | 0.92 |
For the REIT - Residential subindustry, Veris Residential'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.
For the REITs industry and Real Estate sector, Veris Residential's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Veris Residential's Cyclically Adjusted PB Ratio falls into.
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.
Veris Residential's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 14.58 | / | 18.42 | |
= | 0.79 |
* 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.
Veris Residential's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:
For example, Veris Residential'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) |
= | 11.579 | / | 134.9266 | * | 134.9266 | |
= | 11.579 |
Current CPI (Mar. 2025) = 134.9266.
Veris Residential Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201506 | 18.332 | 100.684 | 24.567 |
201509 | 16.746 | 100.392 | 22.507 |
201512 | 16.249 | 99.792 | 21.970 |
201603 | 16.732 | 100.470 | 22.470 |
201606 | 17.109 | 101.688 | 22.701 |
201609 | 16.902 | 101.861 | 22.389 |
201612 | 17.026 | 101.863 | 22.553 |
201703 | 17.010 | 102.862 | 22.312 |
201706 | 16.334 | 103.349 | 21.325 |
201709 | 16.554 | 104.136 | 21.449 |
201712 | 16.419 | 104.011 | 21.299 |
201803 | 16.731 | 105.290 | 21.440 |
201806 | 16.473 | 106.317 | 20.906 |
201809 | 16.245 | 106.507 | 20.580 |
201812 | 16.460 | 105.998 | 20.952 |
201903 | 18.865 | 107.251 | 23.733 |
201906 | 18.173 | 108.070 | 22.689 |
201909 | 17.330 | 108.329 | 21.585 |
201912 | 16.488 | 108.420 | 20.519 |
202003 | 15.830 | 108.902 | 19.613 |
202006 | 15.442 | 108.767 | 19.156 |
202009 | 14.729 | 109.815 | 18.097 |
202012 | 15.420 | 109.897 | 18.932 |
202103 | 15.506 | 111.754 | 18.721 |
202106 | 14.681 | 114.631 | 17.280 |
202109 | 14.382 | 115.734 | 16.767 |
202112 | 14.096 | 117.630 | 16.169 |
202203 | 14.025 | 121.301 | 15.600 |
202206 | 14.235 | 125.017 | 15.363 |
202209 | 13.192 | 125.227 | 14.214 |
202212 | 13.558 | 125.222 | 14.609 |
202303 | 13.335 | 127.348 | 14.129 |
202306 | 13.005 | 128.729 | 13.631 |
202309 | 12.445 | 129.860 | 12.931 |
202312 | 12.333 | 129.419 | 12.858 |
202403 | 12.256 | 131.776 | 12.549 |
202406 | 12.200 | 132.554 | 12.418 |
202409 | 11.991 | 133.029 | 12.162 |
202412 | 11.833 | 133.157 | 11.990 |
202503 | 11.579 | 134.927 | 11.579 |
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.
Veris Residential (NYSE:VRE) 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.
Thank you for viewing the detailed overview of Veris Residential's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Mahbod Nia | director | C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022 |
Nori Gerardo Lietz | director | HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
A. Akiva Katz | director | C/O MACK-CALI REALTY CORP, HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
Stephanie L. Williams | director | C/O VERIS RESIDENTIAL, INC., 210 HUDSON STREET, SUITE 400, JERSEY CITY NJ 07311 |
Ronald Dickerman | director | 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022 |
Taryn D. Fielder | officer: EVP, General Counsel & Sec. | 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006 |
Jeffrey Scott Turkanis | officer: EVP & Chief Investment Officer | 12 RICHARD ROAD, MARBLEHEAD MA 01945 |
Amanda Lombard | officer: Chief Accounting Officer | 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110 |
Anna Malhari | officer: EVP & Chief Operating Officer | HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
Victor B Macfarlane | director | 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134 |
Michael B Berman | director | C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606 |
Howard Steven Stern | director | 11601 WILSHIRE BLVD 4TH FLOOR, LOS ANGELES CA 90025 |
Tammy Jones | director | MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024 |
Deidre Crockett | officer: EVP, Chief Admin. Officer | HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
Alan R Batkin | director | 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022 |
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