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Norstar Holdings (XTAE:NSTR) Cyclically Adjusted PB Ratio : 0.13 (As of Jun. 26, 2025)


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What is Norstar Holdings Cyclically Adjusted PB Ratio?

As of today (2025-06-26), Norstar Holdings's current share price is ₪10.21. Norstar Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₪78.74. Norstar Holdings's Cyclically Adjusted PB Ratio for today is 0.13.

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

XTAE:NSTR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.2   Max: 0.66
Current: 0.13

During the past years, Norstar Holdings's highest Cyclically Adjusted PB Ratio was 0.66. The lowest was 0.09. And the median was 0.20.

XTAE:NSTR's Cyclically Adjusted PB Ratio is ranked better than
88.94% of 1411 companies
in the Real Estate industry
Industry Median: 0.7 vs XTAE:NSTR: 0.13

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.

Norstar Holdings's adjusted book value per share data for the three months ended in Mar. 2025 was ₪22.421. 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 ₪78.74 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norstar Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Norstar Holdings'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.

Norstar Holdings Cyclically Adjusted PB Ratio Chart

Norstar Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.41 0.16 0.12 0.17

Norstar Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.13 0.09 0.14 0.17 0.12

Competitive Comparison of Norstar Holdings's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Norstar Holdings'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.


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

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

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


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Norstar Holdings 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.

Norstar Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.21/78.74
=0.13

* 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.

Norstar Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Norstar Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=22.421/134.9266*134.9266
=22.421

Current CPI (Mar. 2025) = 134.9266.

Norstar Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 39.901 100.684 53.471
201509 34.800 100.392 46.771
201512 36.700 99.792 49.621
201603 36.046 100.470 48.408
201606 38.435 101.688 50.998
201609 38.278 101.861 50.704
201612 13.349 101.863 17.682
201703 15.976 102.862 20.956
201706 15.823 103.349 20.658
201709 126.384 104.136 163.753
201712 139.652 104.011 181.161
201803 135.396 105.290 173.508
201806 125.637 106.317 159.446
201809 122.651 106.507 155.379
201812 129.762 105.998 165.176
201903 118.317 107.251 148.849
201906 117.484 108.070 146.681
201909 115.594 108.329 143.975
201912 118.335 108.420 147.265
202003 79.968 108.902 99.079
202006 88.210 108.767 109.425
202009 68.677 109.815 84.382
202012 65.524 109.897 80.448
202103 68.015 111.754 82.118
202106 72.278 114.631 85.075
202109 66.753 115.734 77.823
202112 62.623 117.630 71.832
202203 61.657 121.301 68.583
202206 61.832 125.017 66.733
202209 57.524 125.227 61.980
202212 46.451 125.222 50.051
202303 33.050 127.348 35.017
202306 35.500 128.729 37.209
202309 33.642 129.860 34.955
202312 28.983 129.419 30.216
202403 26.237 131.776 26.864
202406 28.800 132.554 29.316
202409 29.895 133.029 30.321
202412 21.122 133.157 21.403
202503 22.421 134.927 22.421

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.


Norstar Holdings  (XTAE:NSTR) 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.


Norstar Holdings Cyclically Adjusted PB Ratio Related Terms

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


Norstar Holdings Business Description

Traded in Other Exchanges
N/A
Address
c/o Meitar Liquornik Geva & Leshem Brandwein Law Office, 16 Aba Hilel Silver Street, Ramat Gan, ISR, 52506
Norstar Holdings Inc is a multinational real estate holdings company based in Israel. The company is the major shareholder of Gazit Globe, a multi-national real estate investment company that acquires, develops, and manages supermarket anchored shopping centers. The company operates through a variety of subsidiaries: in the United States through Equity One Inc., Royal Senior Care LLC, and ProMed Properties Inc.; in Canada through First Capital Realty Inc.; and in Europe through Citycon Oyj. In the United States the company focuses on projects in the senior housing and the medical office building sectors in North America.

Norstar Holdings Headlines

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