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Office Propertiesome Trust (Office Propertiesome Trust) Cyclically Adjusted PB Ratio : 0.04 (As of May. 16, 2024)


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What is Office Propertiesome Trust Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Office Propertiesome Trust's current share price is $2.30. Office Propertiesome Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $52.40. Office Propertiesome Trust's Cyclically Adjusted PB Ratio for today is 0.04.

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

OPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.39   Max: 1.02
Current: 0.04

During the past years, Office Propertiesome Trust's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.04. And the median was 0.39.

OPI's Cyclically Adjusted PB Ratio is ranked better than
98.78% of 493 companies
in the REITs industry
Industry Median: 0.78 vs OPI: 0.04

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.

Office Propertiesome Trust's adjusted book value per share data for the three months ended in Mar. 2024 was $25.646. 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 $52.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Office Propertiesome Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Office Propertiesome Trust'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.

Office Propertiesome Trust Cyclically Adjusted PB Ratio Chart

Office Propertiesome Trust 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 0.47 0.36 0.40 0.23 0.14

Office Propertiesome Trust 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 0.21 0.13 0.07 0.14 0.04

Competitive Comparison of Office Propertiesome Trust's Cyclically Adjusted PB Ratio

For the REIT - Office subindustry, Office Propertiesome Trust'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.


Office Propertiesome Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Office Propertiesome Trust's Cyclically Adjusted PB Ratio falls into.



Office Propertiesome Trust 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.

Office Propertiesome Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.30/52.4
=0.04

* 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.

Office Propertiesome Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Office Propertiesome Trust'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)
=25.646/131.7762*131.7762
=25.646

Current CPI (Mar. 2024) = 131.7762.

Office Propertiesome Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 71.102 100.560 93.174
201409 74.687 100.428 98.000
201412 73.772 99.070 98.127
201503 70.165 99.621 92.812
201506 57.804 100.684 75.655
201509 56.994 100.392 74.812
201512 53.800 99.792 71.043
201603 54.039 100.470 70.877
201606 53.822 101.688 69.747
201609 53.428 101.861 69.119
201612 52.545 101.863 67.976
201703 52.183 102.862 66.851
201706 51.053 103.349 65.096
201709 55.576 104.136 70.327
201712 53.660 104.011 67.984
201803 52.221 105.290 65.358
201806 51.697 106.317 64.077
201809 49.972 106.507 61.828
201812 36.998 105.998 45.996
201903 37.158 107.251 45.655
201906 35.260 108.070 42.995
201909 34.575 108.329 42.058
201912 35.388 108.420 43.011
202003 35.069 108.902 42.435
202006 34.553 108.767 41.862
202009 33.873 109.815 40.647
202012 33.308 109.897 39.939
202103 33.548 111.754 39.558
202106 31.624 114.631 36.354
202109 31.099 115.734 35.410
202112 30.907 117.630 34.624
202203 30.089 121.301 32.687
202206 29.212 125.017 30.791
202209 28.954 125.227 30.468
202212 28.546 125.222 30.040
202303 27.997 127.348 28.971
202306 27.496 128.729 28.147
202309 26.758 129.860 27.153
202312 25.755 129.419 26.224
202403 25.646 131.776 25.646

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.


Office Propertiesome Trust  (NAS:OPI) 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.


Office Propertiesome Trust Cyclically Adjusted PB Ratio Related Terms

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


Office Propertiesome Trust (Office Propertiesome Trust) Business Description

Traded in Other Exchanges
Address
255 Washington Street, Two Newton Place, Suite 300, Newton, MA, USA, 02458-1634
Office Properties Income Trust is a United States-based real estate investment trust. Its property portfolio is mainly composed of single-tenant office buildings, as well as multitenant properties, which are leased to parties of high credit quality characteristics. Its largest tenant is the U.S. government, followed by other smaller government entities and corporations. The company's properties are spread across the United States.
Executives
Brian E. Donley officer: CFO and Treasurer C/O THE RMR GROUP LLC,, TWO NEWTON PL., 255 WASHINGTON ST., NEWTON MA 02458
Mark A. Talley director C/O THE RMR GROUP LLC, TWO NEWTON PALCE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer B Clark director
Christopher J. Bilotto officer: Vice President C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Matthew C. Brown officer: CFO and Treasurer C/O OFFICE PROPERTIES INCOME TRUST, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Donna D. Fraiche director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
William A. Lamkin director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Jeffrey C. Leer officer: CFO and Treasurer C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Elena Poptodorova director TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Reit Commonwealth 10 percent owner TWO NORTH RIVERSIDE PLAZA, SUITE 2000, CHICAGO IL 60606
Mark Lawrence Kleifges officer: Treasurer and CFO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
David M Blackman officer: Treasurer and CFO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Barry M. Portnoy director, 10 percent owner C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
John L Harrington director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Adam D. Portnoy director, 10 percent owner, officer: President C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458