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Realites SCA (XPAR:ALREA) Cyclically Adjusted PB Ratio : 0.52 (As of Jun. 15, 2024)


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What is Realites SCA Cyclically Adjusted PB Ratio?

As of today (2024-06-15), Realites SCA's current share price is €9.58. Realites SCA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €18.32. Realites SCA's Cyclically Adjusted PB Ratio for today is 0.52.

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

XPAR:ALREA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 2.07   Max: 2.87
Current: 0.65

During the past 13 years, Realites SCA's highest Cyclically Adjusted PB Ratio was 2.87. The lowest was 0.65. And the median was 2.07.

XPAR:ALREA's Cyclically Adjusted PB Ratio is ranked better than
52.62% of 1410 companies
in the Real Estate industry
Industry Median: 0.69 vs XPAR:ALREA: 0.65

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.

Realites SCA's adjusted book value per share data of for the fiscal year that ended in Dec23 was €26.718. 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 €18.32 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Realites SCA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Realites SCA'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.

Realites SCA Cyclically Adjusted PB Ratio Chart

Realites SCA 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 - 1.88 2.20 1.65 0.96

Realites SCA 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 2.20 - 1.65 - 0.96

Competitive Comparison of Realites SCA's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Realites SCA'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.


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

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

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



Realites SCA 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.

Realites SCA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.58/18.32
=0.52

* 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.

Realites SCA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Realites SCA'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)
=26.718/118.3900*118.3900
=26.718

Current CPI (Dec23) = 118.3900.

Realites SCA Annual Data

Book Value per Share CPI Adj_Book
201412 8.510 99.860 10.089
201512 9.064 100.040 10.727
201612 9.686 100.650 11.393
201712 10.986 101.850 12.770
201812 11.634 103.470 13.312
201912 20.115 104.980 22.684
202012 21.220 104.960 23.935
202112 22.328 107.850 24.510
202212 26.120 114.160 27.088
202312 26.718 118.390 26.718

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.


Realites SCA  (XPAR:ALREA) 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.


Realites SCA Cyclically Adjusted PB Ratio Related Terms

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


Realites SCA (XPAR:ALREA) Business Description

Industry
Traded in Other Exchanges
Address
Immeuble Le Cairn, 103, route de Vannes, CS 10333, Saint Herblain, FRA, 44803
Realites SCA is a French real estate developer. It develops new private residential real estates in the west of France and owns five agencies which are spread from Brittany and Charente Maritime to Pays de la Loire.

Realites SCA (XPAR:ALREA) Headlines

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