GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Reinhold Europe AB (WAR:RHD) » Definitions » Cyclically Adjusted PB Ratio

Reinhold Europe AB (WAR:RHD) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Reinhold Europe AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Reinhold Europe AB Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

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 - - - - -

Competitive Comparison of Reinhold Europe AB's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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)
=-0.038/107.2138*107.2138
=-0.038

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 17.804 95.967 19.890
201003 18.250 96.165 20.347
201006 17.437 96.373 19.398
201009 16.409 96.893 18.157
201012 1.426 98.211 1.557
201103 1.372 98.967 1.486
201106 0.933 99.341 1.007
201109 0.519 100.021 0.556
201112 -3.557 100.458 -3.796
201203 -4.231 100.464 -4.515
201206 -4.571 100.352 -4.884
201209 -6.517 100.467 -6.955
201212 -11.419 100.403 -12.194
201303 0.000 100.416 0.000
201306 0.000 100.206 0.000
201312 -10.314 100.541 -10.999
201403 -10.486 99.788 -11.266
201406 -10.546 100.432 -11.258
201409 1.345 100.161 1.440
201412 1.049 100.225 1.122
201503 0.346 99.950 0.371
201506 0.358 99.995 0.384
201509 0.161 100.228 0.172
201512 -0.074 100.276 -0.079
201603 0.000 100.751 0.000
201606 0.000 101.019 0.000
201612 -0.050 102.022 -0.053
201703 -0.052 102.022 -0.055
201706 -0.075 102.752 -0.078
201709 -0.040 103.279 -0.042
201712 -0.084 103.793 -0.087
201803 -0.115 103.962 -0.119
201806 -0.106 104.875 -0.108
201809 -0.129 105.679 -0.131
201812 -0.035 105.912 -0.035
201903 -0.035 105.886 -0.035
201906 -0.036 106.742 -0.036
201909 -0.038 107.214 -0.038

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  (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

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


Reinhold Europe AB (WAR:RHD) Business Description

Industry
Traded in Other Exchanges
N/A
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.

Reinhold Europe AB (WAR:RHD) Headlines

No Headlines