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Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) Cyclically Adjusted PB Ratio : 0.00 (As of Apr. 27, 2024)


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What is Pennsylvania Real Estate Investment Trust Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Pennsylvania Real Estate Investment Trust's current share price is $0.55. Pennsylvania Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $112.75. Pennsylvania Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.00.

The historical rank and industry rank for Pennsylvania Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

During the past years, Pennsylvania Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.01. And the median was 0.78.

PRETQ's Cyclically Adjusted PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.78
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Pennsylvania Real Estate Investment Trust's adjusted book value per share data for the three months ended in Sep. 2023 was $-49.218. 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 $112.75 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pennsylvania Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pennsylvania Real Estate Investment 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.

Pennsylvania Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Pennsylvania Real Estate Investment Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.49 0.10 0.11 0.01

Pennsylvania Real Estate Investment Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.02 0.01 0.01 - -

Competitive Comparison of Pennsylvania Real Estate Investment Trust's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Pennsylvania Real Estate Investment 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.


Pennsylvania Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Pennsylvania Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.



Pennsylvania Real Estate Investment 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.

Pennsylvania Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.55/112.75
=0.00

* 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.

Pennsylvania Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Pennsylvania Real Estate Investment Trust's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-49.218/129.8595*129.8595
=-49.218

Current CPI (Sep. 2023) = 129.8595.

Pennsylvania Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201312 195.958 98.326 258.803
201403 188.837 99.695 245.974
201406 180.588 100.560 233.206
201409 177.370 100.428 229.351
201412 177.768 99.070 233.016
201503 169.072 99.621 220.391
201506 158.942 100.684 204.999
201509 147.785 100.392 191.164
201512 136.388 99.792 177.481
201603 131.160 100.470 169.526
201606 128.734 101.688 164.398
201609 126.411 101.861 161.158
201612 119.730 101.863 152.638
201703 151.176 102.862 190.854
201706 136.617 103.349 171.661
201709 159.558 104.136 198.973
201712 135.396 104.011 169.044
201803 129.045 105.290 159.159
201806 119.153 106.317 145.538
201809 117.134 106.507 142.817
201812 93.757 105.998 114.863
201903 96.137 107.251 116.403
201906 88.585 108.070 106.446
201909 88.480 108.329 106.065
201912 81.919 108.420 98.118
202003 70.300 108.902 83.829
202006 64.368 108.767 76.850
202009 59.887 109.815 70.818
202012 24.716 109.897 29.206
202103 17.321 111.754 20.127
202106 13.376 114.631 15.153
202109 7.214 115.734 8.094
202112 2.994 117.630 3.305
202203 -1.017 121.301 -1.089
202206 -2.290 125.017 -2.379
202209 -14.751 125.227 -15.297
202212 -21.169 125.222 -21.953
202303 -29.989 127.348 -30.580
202306 -38.488 128.729 -38.826
202309 -49.218 129.860 -49.218

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.


Pennsylvania Real Estate Investment Trust  (OTCPK:PRETQ) 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.


Pennsylvania Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

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


Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) Business Description

Address
One Commerce Square, 2005 Market Street, Suite 1000, Philadelphia, PA, USA, 19103
Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.
Executives
Christopher Swann director C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Kenneth B. Hart director C/O PENN REAL ESTATE TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Joseph J. Aristone officer: EVP - Leasing C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Joseph F Coradino director, officer: Chief Executive Officer C/O PENN. REAL ESTATE INVESTMENT TRUST, 200 S. BROAD ST., THE BELLEVUE, PHILADEPHIA PA 19102
Michael J. Demarco director C/O MACK-CALI REALTY CORPORATION, HARBORSIDE 3, 210 HUDSON ST., STE. 400, JERSEY CITY NJ 07311
Ventresca Mario C. Jr. officer: EVP-Chief Financial Officer C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Andrew M. Ioannou officer: EVP-Finance and Acquisitions C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Mark E Pasquerilla director
Charles P Pizzi director C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Joanne A. Epps director C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Alburger George J Jr director C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Lisa M. Most officer: EVP, GC, CCO & Secretary C/O PENN. REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Heather Crowell officer: EVP-Strategy & Communications C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
John Joseph Roberts director 1007 CANTERBURY LANE, VILLANOVA PA 19085
Sathana Semonsky officer: VP - Chief Accounting Officer C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103