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Rentaoracion Real Estate (XMAD:REN) Cyclically Adjusted PB Ratio : 0.48 (As of Jun. 09, 2024)


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What is Rentaoracion Real Estate Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Rentaoracion Real Estate's current share price is €0.914. Rentaoracion Real Estate's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €1.91. Rentaoracion Real Estate's Cyclically Adjusted PB Ratio for today is 0.48.

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

XMAD:REN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 1.64   Max: 23.5
Current: 0.48

During the past 13 years, Rentaoracion Real Estate's highest Cyclically Adjusted PB Ratio was 23.50. The lowest was 0.09. And the median was 1.64.

XMAD:REN's Cyclically Adjusted PB Ratio is ranked better than
63.86% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs XMAD:REN: 0.48

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.

Rentaoracion Real Estate's adjusted book value per share data of for the fiscal year that ended in Dec23 was €1.817. 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 €1.91 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rentaoracion Real Estate Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rentaoracion 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.

Rentaoracion Real Estate Cyclically Adjusted PB Ratio Chart

Rentaoracion Real Estate 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 13.18 3.37 1.66 0.89 0.42

Rentaoracion Real Estate Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.66 - 0.89 - 0.42

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

For the Real Estate Services subindustry, Rentaoracion 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.


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

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

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



Rentaoracion 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.914/1.91
=0.48

* 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.

Rentaoracion Real Estate's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Rentaoracion Real Estate's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.817/121.2997*121.2997
=1.817

Current CPI (Dec23) = 121.2997.

Rentaoracion Real Estate Annual Data

Book Value per Share CPI Adj_Book
201412 0.678 100.251 0.820
201512 0.922 100.268 1.115
201612 1.043 101.842 1.242
201712 1.422 102.975 1.675
201812 1.914 104.193 2.228
201912 2.357 105.015 2.723
202012 2.069 104.456 2.403
202112 2.361 111.298 2.573
202212 2.402 117.650 2.477
202312 1.817 121.300 1.817

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.


Rentaoracion Real Estate  (XMAD:REN) 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.


Rentaoracion Real Estate Cyclically Adjusted PB Ratio Related Terms

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


Rentaoracion Real Estate (XMAD:REN) Business Description

Traded in Other Exchanges
Address
Via Augusta 252-260, 5th Floor, Barcelona, ESP, 08017
Renta Corporacion Real Estate SA is engaged in the acquisition, added-value transformation, and sale of real estate properties. The Group's segment comprises Residential, Offices, Retail, Logistics, and Hotels. The majority of the firm's revenue gets derived from Real estate sales.

Rentaoracion Real Estate (XMAD:REN) Headlines

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