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WKPPF (Workspace Group) Cyclically Adjusted PB Ratio : 0.42 (As of May. 31, 2025)


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What is Workspace Group Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Workspace Group's current share price is $5.74. Workspace Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was $13.79. Workspace Group's Cyclically Adjusted PB Ratio for today is 0.42.

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

WKPPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.9   Max: 1.96
Current: 0.35

During the past 13 years, Workspace Group's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.35. And the median was 0.90.

WKPPF's Cyclically Adjusted PB Ratio is ranked better than
81% of 521 companies
in the REITs industry
Industry Median: 0.79 vs WKPPF: 0.35

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.

Workspace Group's adjusted book value per share data of for the fiscal year that ended in Mar24 was $10.263. 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 $13.79 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Workspace Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Workspace Group'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.

Workspace Group Cyclically Adjusted PB Ratio Chart

Workspace Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.95 0.72 0.40 0.45

Workspace Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 0.40 - 0.45 -

Competitive Comparison of Workspace Group's Cyclically Adjusted PB Ratio

For the REIT - Office subindustry, Workspace Group'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.


Workspace Group's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Workspace Group's Cyclically Adjusted PB Ratio falls into.


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Workspace Group 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.

Workspace Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.74/13.79
=0.42

* 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.

Workspace Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Workspace Group's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=10.263/131.6000*131.6000
=10.263

Current CPI (Mar24) = 131.6000.

Workspace Group Annual Data

Book Value per Share CPI Adj_Book
201503 10.635 99.600 14.052
201603 13.311 100.400 17.447
201703 11.941 102.700 15.301
201803 14.604 105.100 18.286
201903 14.476 107.000 17.804
202003 13.681 108.600 16.578
202103 13.168 109.700 15.797
202203 13.090 116.500 14.787
202303 11.321 126.800 11.750
202403 10.263 131.600 10.263

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.


Workspace Group  (OTCPK:WKPPF) 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.


Workspace Group Cyclically Adjusted PB Ratio Related Terms

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


Workspace Group Business Description

Industry
Traded in Other Exchanges
Address
1-3 Brixton Road, Canterbury Court, Kennington Park, London, GBR, SW9 6DE
Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.