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Vestin Realty Mortgage II (Vestin Realty Mortgage II) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Vestin Realty Mortgage II Cyclically Adjusted PB Ratio?

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Vestin Realty Mortgage II Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vestin Realty Mortgage II'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.

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Vestin Realty Mortgage II Cyclically Adjusted PB Ratio Chart

Vestin Realty Mortgage II Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Vestin Realty Mortgage II Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Vestin Realty Mortgage II's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Vestin Realty Mortgage II'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.


Vestin Realty Mortgage II's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vestin Realty Mortgage II's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vestin Realty Mortgage II 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.

Vestin Realty Mortgage II's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, Vestin Realty Mortgage II's adjusted Book Value per Share data for the three months ended in Sep. 2016 was:

Adj_Book=Book Value per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=4081.933/101.8610*101.8610
=4,081.933

Current CPI (Sep. 2016) = 101.8610.

Vestin Realty Mortgage II Quarterly Data

Book Value per Share CPI Adj_Book
200612 74,661.126 85.142 89,322.458
200703 74,724.599 86.640 87,852.087
200706 74,362.466 87.906 86,167.540
200709 73,202.151 87.964 84,766.806
200712 73,053.495 88.616 83,972.064
200803 73,196.748 90.090 82,760.781
200806 63,936.559 92.320 70,543.908
200809 54,564.011 92.307 60,211.585
200812 35,858.516 88.697 41,180.286
200903 35,944.058 89.744 40,797.040
200906 31,757.101 91.003 35,546.113
200909 26,823.256 91.120 29,985.247
200912 22,120.588 91.111 24,730.497
201003 21,348.529 91.821 23,682.897
201006 19,584.911 91.962 21,693.123
201009 17,808.108 92.162 19,682.272
201012 16,084.146 92.474 17,716.841
201103 16,204.268 94.283 17,506.668
201106 16,539.634 95.235 17,690.476
201109 14,984.277 95.727 15,944.457
201112 16,535.144 95.213 17,689.593
201203 16,036.741 96.783 16,878.172
201206 15,845.687 96.819 16,670.841
201209 16,351.495 97.633 17,059.580
201212 12,945.033 96.871 13,611.841
201303 12,833.223 98.209 13,310.385
201306 11,990.210 98.518 12,397.098
201309 11,733.688 98.790 12,098.443
201312 11,445.018 98.326 11,856.499
201403 11,049.815 99.695 11,289.943
201406 10,752.030 100.560 10,891.189
201409 10,811.450 100.428 10,965.740
201412 11,207.752 99.070 11,523.532
201503 11,135.271 99.621 11,385.639
201506 11,055.200 100.684 11,184.447
201509 10,495.582 100.392 10,649.213
201512 5,453.414 99.792 5,566.458
201603 5,082.114 100.470 5,152.455
201606 4,705.785 101.688 4,713.786
201609 4,081.933 101.861 4,081.933

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.


Vestin Realty Mortgage II  (OTCPK:VRTB) 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.


Vestin Realty Mortgage II Cyclically Adjusted PB Ratio Related Terms

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


Vestin Realty Mortgage II (Vestin Realty Mortgage II) Business Description

Traded in Other Exchanges
N/A
Address
9130 W. Post Road, Suite 130, Las Vegas, NV, USA, 89148
Vestin Realty Mortgage II Inc is active in the financial services domain. The company invests in loans secured by real estate through deeds of trust or mortgages. It also invests in, acquires, manages and sells the real property and acquires entities involved in the ownership or management of the real property. Vestin functions through two segments; Investments in Real Estate Loans, and Investments in equity securities of publicly traded companies.