GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vital Healthcare Property Trust (OTCPK:VTHPF) » Definitions » Cyclically Adjusted PB Ratio

VTHPF (Vital Healthcare Property Trust) Cyclically Adjusted PB Ratio : (As of Sep. 24, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Vital Healthcare Property Trust Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vital Healthcare Property Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vital Healthcare Property Trust'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.

Vital Healthcare Property Trust Cyclically Adjusted PB Ratio Chart

Vital Healthcare Property Trust Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.64 1.21 0.93 0.66

Vital Healthcare Property Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.21 - 0.93 - 0.66

Competitive Comparison of Vital Healthcare Property Trust's Cyclically Adjusted PB Ratio

For the REIT - Healthcare Facilities subindustry, Vital Healthcare Property Trust'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.


Vital Healthcare Property Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vital Healthcare Property Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vital Healthcare Property Trust's Cyclically Adjusted PB Ratio falls into.



Vital Healthcare Property Trust 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.

Vital Healthcare Property Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Vital Healthcare Property Trust's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=1.657/130.0373*130.0373
=1.657

Current CPI (Jun24) = 130.0373.

Vital Healthcare Property Trust Annual Data

Book Value per Share CPI Adj_Book
201506 0.880 100.063 1.144
201606 1.064 100.480 1.377
201706 1.502 102.231 1.911
201806 1.570 103.764 1.968
201906 1.524 105.502 1.878
202006 1.532 107.035 1.861
202106 2.134 110.614 2.509
202206 2.418 118.690 2.649
202306 1.830 125.846 1.891
202406 1.657 130.037 1.657

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.


Vital Healthcare Property Trust  (OTCPK:VTHPF) 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.


Vital Healthcare Property Trust Cyclically Adjusted PB Ratio Related Terms

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


Vital Healthcare Property Trust Business Description

Traded in Other Exchanges
Address
Level 17, HSBC Tower, 188 Quay Street, Auckland, NTL, NZL, 1010
Vital Healthcare Property Trust is a healthcare REIT. The vast majority of revenue is generated in Australia, followed by New Zealand. Most of the company's tenants are for-profit hospitals, followed by medical consultants and nonprofit hospitals. The company is focused on protecting the interests of investors and other stakeholders. The company considers merger and acquisition investment as a component of its operational growth strategy.

Vital Healthcare Property Trust Headlines

From GuruFocus