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VRE (Veris Residential) Cyclically Adjusted PB Ratio : 0.79 (As of May. 25, 2025)


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What is Veris Residential Cyclically Adjusted PB Ratio?

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:

VRE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.88   Max: 1.3
Current: 0.79

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.

VRE's Cyclically Adjusted PB Ratio is ranked worse than
50.1% of 521 companies
in the REITs industry
Industry Median: 0.79 vs VRE: 0.79

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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veris Residential Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Veris Residential Cyclically Adjusted PB Ratio Chart

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 Premium Member Only Premium Member Only 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 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 0.79 0.79 0.95 0.90 0.92

Competitive Comparison of Veris Residential's Cyclically Adjusted PB Ratio

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.


Veris Residential's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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.


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Veris Residential 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.

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.


Veris Residential Cyclically Adjusted PB Ratio Related Terms

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.


Veris Residential Business Description

Industry
Traded in Other Exchanges
Address
Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
Executives
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