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CLPR (Clipper Realty) Cyclically Adjusted PB Ratio : 1.47 (As of Jun. 25, 2025)


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What is Clipper Realty Cyclically Adjusted PB Ratio?

As of today (2025-06-25), Clipper Realty's current share price is $3.91. Clipper Realty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $2.66. Clipper Realty's Cyclically Adjusted PB Ratio for today is 1.47.

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

CLPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.43   Max: 1.56
Current: 1.46

During the past years, Clipper Realty's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 1.35. And the median was 1.43.

CLPR's Cyclically Adjusted PB Ratio is ranked worse than
78.18% of 527 companies
in the REITs industry
Industry Median: 0.81 vs CLPR: 1.46

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.

Clipper Realty's adjusted book value per share data for the three months ended in Mar. 2025 was $-1.243. 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 $2.66 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clipper Realty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clipper Realty'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.

Clipper Realty Cyclically Adjusted PB Ratio Chart

Clipper Realty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
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Clipper Realty 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 - - - - 1.44

Competitive Comparison of Clipper Realty's Cyclically Adjusted PB Ratio

For the REIT - Residential subindustry, Clipper Realty'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.


Clipper Realty's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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


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Clipper Realty 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.

Clipper Realty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.91/2.66
=1.47

* 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.

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

For example, Clipper Realty'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)
=-1.243/134.9266*134.9266
=-1.243

Current CPI (Mar. 2025) = 134.9266.

Clipper Realty Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.019 99.070 2.750
201509 0.000 100.392 0.000
201512 2.405 99.792 3.252
201603 0.000 100.470 0.000
201606 2.226 101.688 2.954
201609 2.155 101.861 2.855
201612 2.074 101.863 2.747
201703 4.545 102.862 5.962
201706 4.426 103.349 5.778
201709 4.311 104.136 5.586
201712 4.205 104.011 5.455
201803 3.918 105.290 5.021
201806 3.844 106.317 4.878
201809 3.785 106.507 4.795
201812 3.659 105.998 4.658
201903 3.563 107.251 4.482
201906 3.456 108.070 4.315
201909 3.362 108.329 4.187
201912 3.213 108.420 3.999
202003 3.101 108.902 3.842
202006 2.891 108.767 3.586
202009 2.724 109.815 3.347
202012 2.457 109.897 3.017
202103 2.201 111.754 2.657
202106 2.045 114.631 2.407
202109 1.881 115.734 2.193
202112 1.651 117.630 1.894
202203 1.339 121.301 1.489
202206 1.185 125.017 1.279
202209 1.038 125.227 1.118
202212 0.877 125.222 0.945
202303 0.623 127.348 0.660
202306 0.461 128.729 0.483
202309 0.322 129.860 0.335
202312 0.171 129.419 0.178
202403 0.017 131.776 0.017
202406 -0.111 132.554 -0.113
202409 -0.223 133.029 -0.226
202412 -0.335 133.157 -0.339
202503 -1.243 134.927 -1.243

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.


Clipper Realty  (NYSE:CLPR) 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.


Clipper Realty Cyclically Adjusted PB Ratio Related Terms

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


Clipper Realty Business Description

Industry
Traded in Other Exchanges
N/A
Address
4611 12th Avenue, Suite 1L, Brooklyn, NY, USA, 11219
Clipper Realty Inc is a self-administered and self-managed real estate company. It acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. It has classified its reporting segments into Residential Rental Properties and Commercial Rental Properties. The company derives its revenue mostly from the Residential segment.
Executives
Howard M Lorber director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Harmon Spolan director OOZEN O CONNOR, 1900 MARKET ST 4TH FL, PHILADELPHIA PA 19103
Sam Levinson director, 10 percent owner 9190 PRIORITY WAY WEST DRIVE, SUITE 300, INDIANAPOLIS IN 46240
David Bistricer director, 10 percent owner, officer: Co-Chairman and CEO PO BOX 407, BROOKLIN NY 11219
Michael Charles Frenz officer: Chief Financial Officer C/O CLIPPER REALTY INC, 4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219
Roberto Angelo Verrone director 200 HIGHLAND AVENUE, SHORT HILLS NJ 07078
Robert Jay Ivanhoe director GREENBERG TRAURIG, LLP, 200 PARK AVENUE, NEW YORK NY 10166
Richard N Burger director P.O. BOX 28543, SCOTTSDALE AZ 85255
Lawrence E Kreider officer: Chief Financial Officer 600 GRANT STREET, SUITE 900, DENVER CO 80203
Jacob Bistricer officer: Chief Operating Officer 4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219
Jacob Schwimmer officer: Chief PM Offcier 1738 47TH STREET, BROOKLYN NY 11204