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Montea NV (XBRU:MONT) Cyclically Adjusted PB Ratio : 1.26 (As of Dec. 13, 2024)


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What is Montea NV Cyclically Adjusted PB Ratio?

As of today (2024-12-13), Montea NV's current share price is €64.30. Montea NV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €51.16. Montea NV's Cyclically Adjusted PB Ratio for today is 1.26.

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

XBRU:MONT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.25   Max: 2.71
Current: 1.27

During the past years, Montea NV's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 0.11. And the median was 0.25.

XBRU:MONT's Cyclically Adjusted PB Ratio is ranked worse than
71.79% of 514 companies
in the REITs industry
Industry Median: 0.825 vs XBRU:MONT: 1.27

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.

Montea NV's adjusted book value per share data for the three months ended in Sep. 2024 was €77.319. 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 €51.16 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Montea NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Montea NV'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.

Montea NV Cyclically Adjusted PB Ratio Chart

Montea NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.21 0.28 1.62 1.84

Montea NV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.49 1.84 1.71 1.57 1.46

Competitive Comparison of Montea NV's Cyclically Adjusted PB Ratio

For the REIT - Industrial subindustry, Montea NV'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.


Montea NV's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Montea NV 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.

Montea NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=64.30/51.16
=1.26

* 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.

Montea NV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Montea NV's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=77.319/130.9680*130.9680
=77.319

Current CPI (Sep. 2024) = 130.9680.

Montea NV Quarterly Data

Book Value per Share CPI Adj_Book
201412 19.734 99.086 26.084
201503 20.040 99.423 26.398
201506 19.864 100.107 25.988
201509 20.617 100.245 26.936
201512 21.229 100.572 27.645
201603 22.267 101.653 28.689
201606 21.322 102.267 27.306
201609 21.889 102.118 28.073
201612 23.799 102.614 30.375
201703 24.518 103.972 30.884
201706 23.354 103.902 29.438
201709 26.830 104.170 33.732
201712 27.408 104.804 34.250
201803 28.346 105.419 35.216
201806 28.618 106.063 35.338
201809 33.125 106.618 40.690
201812 32.340 107.252 39.491
201903 39.030 107.876 47.385
201906 38.904 107.896 47.223
201909 40.151 107.470 48.930
201912 42.685 108.065 51.732
202003 43.057 108.550 51.949
202006 43.741 108.540 52.779
202009 46.592 108.441 56.271
202012 50.357 108.511 60.779
202103 55.225 109.522 66.039
202106 55.935 110.305 66.413
202109 58.728 111.543 68.955
202112 62.003 114.705 70.794
202203 66.287 118.620 73.188
202206 70.779 120.948 76.642
202209 73.072 124.120 77.104
202212 71.577 126.578 74.060
202303 70.385 126.528 72.855
202306 71.109 125.973 73.929
202309 73.521 127.083 75.769
202312 74.963 128.292 76.527
202403 76.701 130.552 76.946
202406 76.076 130.691 76.238
202409 77.319 130.968 77.319

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.


Montea NV  (XBRU:MONT) 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.


Montea NV Cyclically Adjusted PB Ratio Related Terms

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


Montea NV Business Description

Industry
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Address
Industriezone III Zuid, Industrielaan 27 - Box 6, Erembodegem, BEL, 9320
Montea NV is a real estate investment trust under Belgian law. It is engaged in the development and management of logistics and semi-industrial real estate properties. Geographically its portfolio is located in Belgium, the Netherlands, Germany, and France. The revenue is generated from gross rental income and proceeds resulting from the services and the management of the buildings.

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