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West Real Estate (WAR:WRE) Cyclically Adjusted PB Ratio : 0.33 (As of Jun. 15, 2024)


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What is West Real Estate Cyclically Adjusted PB Ratio?

As of today (2024-06-15), West Real Estate's current share price is zł0.61. West Real Estate's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł1.83. West Real Estate's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for West Real Estate's Cyclically Adjusted PB Ratio or its related term are showing as below:

WAR:WRE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.28   Max: 0.76
Current: 0.33

During the past years, West Real Estate's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.18. And the median was 0.28.

WAR:WRE's Cyclically Adjusted PB Ratio is ranked better than
72.62% of 1410 companies
in the Real Estate industry
Industry Median: 0.69 vs WAR:WRE: 0.33

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.

West Real Estate's adjusted book value per share data for the three months ended in Mar. 2024 was zł0.084. 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 zł1.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Real Estate Cyclically Adjusted PB Ratio Historical Data

The historical data trend for West Real Estate'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.

West Real Estate Cyclically Adjusted PB Ratio Chart

West Real Estate Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.45 0.25

West Real Estate Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.25 0.28 0.23 0.27 0.18

Competitive Comparison of West Real Estate's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, West Real Estate'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.


West Real Estate's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where West Real Estate's Cyclically Adjusted PB Ratio falls into.



West Real Estate 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.

West Real Estate's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.61/1.83
=0.33

* 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.

West Real Estate's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, West Real Estate's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.084/149.0435*149.0435
=0.084

Current CPI (Mar. 2024) = 149.0435.

West Real Estate Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.661 101.262 3.917
201406 0.000 101.180 0.000
201409 2.609 100.611 3.865
201412 2.168 100.122 3.227
201503 2.182 100.041 3.251
201506 1.403 100.448 2.082
201509 1.418 99.634 2.121
201512 1.457 99.471 2.183
201603 1.417 98.983 2.134
201606 1.421 99.552 2.127
201609 1.414 99.064 2.127
201612 1.384 100.366 2.055
201703 2.536 101.018 3.742
201706 1.391 101.180 2.049
201709 1.383 101.343 2.034
201712 1.387 102.564 2.016
201803 1.392 102.564 2.023
201806 1.385 103.378 1.997
201809 1.497 103.378 2.158
201812 1.435 103.785 2.061
201903 1.449 104.274 2.071
201906 1.453 105.983 2.043
201909 1.452 105.983 2.042
201912 1.442 107.123 2.006
202003 1.445 109.076 1.974
202006 1.453 109.402 1.979
202009 1.453 109.320 1.981
202012 1.454 109.565 1.978
202103 1.452 112.658 1.921
202106 1.453 113.960 1.900
202109 1.449 115.588 1.868
202112 0.047 119.088 0.059
202203 1.444 125.031 1.721
202206 0.047 131.705 0.053
202209 0.074 135.531 0.081
202212 0.137 139.113 0.147
202303 -0.130 145.950 -0.133
202306 0.117 147.009 0.119
202309 0.112 146.113 0.114
202403 0.084 149.044 0.084

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.


West Real Estate  (WAR:WRE) 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.


West Real Estate Cyclically Adjusted PB Ratio Related Terms

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


West Real Estate (WAR:WRE) Business Description

Traded in Other Exchanges
N/A
Address
ul. Skarbowcow 23A, Wroclaw, POL, 53-025
West Real Estate SA is engaged in the acquisition and management of real estate and entities for its assets for investment purposes, in order to derive economic benefits from their management. The company diversifies its business in the sectors of waste management, personnel brokerage industry, and construction industry.

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