Reinhold Europe AB (WAR:RHD) Cyclically Adjusted PB Ratio: (As of Sep. 12, 2026)

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What is Reinhold Europe AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Reinhold Europe AB  (WAR:RHD) 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.


Reinhold Europe AB Cyclically Adjusted PB Ratio Related Terms


Reinhold Europe AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Reinhold Europe AB'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.

Reinhold Europe AB Cyclically Adjusted PB Ratio Chart

Reinhold Europe AB Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Reinhold Europe AB Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 0.00 0.00

WAR:RHD vs CSGP, CBRE: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Reinhold Europe AB'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.


Reinhold Europe AB Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Reinhold Europe AB's Cyclically Adjusted PB Ratio falls into.



Reinhold Europe AB 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.

Reinhold Europe AB's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Reinhold Europe AB's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.035/107.2138*107.2138
=-0.035

Current CPI (Sep. 2019) = 107.2138.

Reinhold Europe AB Quarterly Data

Book Value per Share CPI Adj_Book
200906 0.000 95.489 0.000
200909 0.000 95.540 0.000
200912 16.449 95.967 18.377
201003 16.861 96.165 18.798
201006 16.110 96.373 17.922
201009 15.160 96.893 16.775
201012 1.317 98.211 1.438
201103 1.268 98.967 1.374
201106 0.862 99.341 0.930
201109 0.480 100.021 0.515
201112 -3.286 100.458 -3.507
201203 -3.909 100.464 -4.172
201206 -4.224 100.352 -4.513
201209 -6.021 100.467 -6.425
201212 -10.550 100.403 -11.266
201303 0.000 100.416 0.000
201306 0.000 100.206 0.000
201312 -9.529 100.541 -10.161
201403 -9.688 99.788 -10.409
201406 -9.743 100.432 -10.401
201409 1.242 100.161 1.329
201412 0.970 100.225 1.038
201503 0.320 99.950 0.343
201506 0.330 99.995 0.354
201509 0.148 100.228 0.158
201512 -0.069 100.276 -0.074
201603 0.000 100.751 0.000
201606 0.000 101.019 0.000
201612 -0.046 102.022 -0.048
201703 -0.048 102.022 -0.050
201706 -0.069 102.752 -0.072
201709 -0.037 103.279 -0.038
201712 -0.078 103.793 -0.081
201803 -0.106 103.962 -0.109
201806 -0.098 104.875 -0.100
201809 -0.119 105.679 -0.121
201812 -0.032 105.912 -0.032
201903 -0.032 105.886 -0.032
201906 -0.033 106.742 -0.033
201909 -0.035 107.214 -0.035

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.


Reinhold Europe AB Business Description

Address Kommendorsgatan 37, Stockholm, SWE, 114 58
Reinhold Europe AB engages in the real estate business in Poland. The firm constructs housing projects and sells or rents prefabricated apartment modules for temporary habitation and permanent housing.