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S IMMO AG (XTER:T1L) Cyclically Adjusted PB Ratio : 1.09 (As of Jun. 04, 2024)


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What is S IMMO AG Cyclically Adjusted PB Ratio?

As of today (2024-06-04), S IMMO AG's current share price is €21.80. S IMMO AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.02. S IMMO AG's Cyclically Adjusted PB Ratio for today is 1.09.

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

XTER:T1L' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.5   Max: 2.38
Current: 1.1

During the past years, S IMMO AG's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 0.61. And the median was 1.50.

XTER:T1L's Cyclically Adjusted PB Ratio is ranked worse than
66.79% of 1364 companies
in the Real Estate industry
Industry Median: 0.7 vs XTER:T1L: 1.10

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.

S IMMO AG's adjusted book value per share data for the three months ended in Mar. 2024 was €23.664. 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 €20.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


S IMMO AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for S IMMO AG'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.

S IMMO AG Cyclically Adjusted PB Ratio Chart

S IMMO AG 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 2.02 1.39 1.54 0.73 0.64

S IMMO AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.74 0.66 0.67 0.64 0.88

Competitive Comparison of S IMMO AG's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, S IMMO AG'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.


S IMMO AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where S IMMO AG's Cyclically Adjusted PB Ratio falls into.



S IMMO AG 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.

S IMMO AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.80/20.02
=1.09

* 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.

S IMMO AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, S IMMO AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=23.664/133.7589*133.7589
=23.664

Current CPI (Mar. 2024) = 133.7589.

S IMMO AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.857 99.496 10.563
201409 7.963 99.586 10.696
201412 8.312 99.676 11.154
201503 8.409 99.992 11.249
201506 8.420 100.492 11.207
201509 8.492 100.292 11.326
201512 9.340 100.692 12.407
201603 9.710 100.692 12.899
201606 10.268 101.092 13.586
201609 10.704 101.192 14.149
201612 12.018 102.092 15.746
201703 12.094 102.592 15.768
201706 12.794 102.991 16.616
201709 13.037 103.591 16.834
201712 14.211 104.291 18.226
201803 14.369 104.491 18.394
201806 14.435 105.091 18.373
201809 15.390 105.691 19.477
201812 16.750 106.291 21.079
201903 17.397 106.391 21.872
201906 18.722 106.791 23.450
201909 19.265 106.991 24.085
201912 20.274 108.091 25.088
202003 18.671 108.024 23.119
202006 18.977 107.915 23.522
202009 18.388 108.348 22.701
202012 19.338 109.321 23.661
202103 19.799 110.186 24.035
202106 21.923 110.943 26.432
202109 22.619 111.916 27.034
202112 23.570 113.971 27.662
202203 24.241 117.647 27.561
202206 24.360 120.567 27.025
202209 25.171 123.811 27.193
202212 24.066 125.541 25.641
202303 24.007 128.460 24.997
202306 23.523 130.191 24.168
202309 23.889 131.272 24.342
202312 23.434 132.570 23.644
202403 23.664 133.759 23.664

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.


S IMMO AG  (XTER:T1L) 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.


S IMMO AG Cyclically Adjusted PB Ratio Related Terms

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


S IMMO AG (XTER:T1L) Business Description

Industry
Traded in Other Exchanges
Address
Friedrichstrasse 10, 5th floor, Vienna, AUT, 1010
S IMMO AG is a real estate investment company. It manages property investments by developing, buying, letting, operating, renovating, and selling properties in Austria, Germany, Czechia, Hungary, Slovakia, Bulgaria, Romania, and Croatia. The firm's activities include property project development, the operation of hotels and shopping centers, and also revitalization and renovation of standing properties and asset management. Its property portfolio consists of offices, shopping centers, and hotels. The company derives a majority of its revenues from rental income.

S IMMO AG (XTER:T1L) Headlines

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