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Arbor Realty Trust (Arbor Realty Trust) Cyclically Adjusted PB Ratio : 1.07 (As of May. 24, 2024)


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What is Arbor Realty Trust Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Arbor Realty Trust's current share price is $13.23. Arbor Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.37. Arbor Realty Trust's Cyclically Adjusted PB Ratio for today is 1.07.

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

ABR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.03   Max: 1.99
Current: 1.09

During the past years, Arbor Realty Trust's highest Cyclically Adjusted PB Ratio was 1.99. The lowest was 0.43. And the median was 1.03.

ABR's Cyclically Adjusted PB Ratio is ranked worse than
64.91% of 493 companies
in the REITs industry
Industry Median: 0.76 vs ABR: 1.09

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.

Arbor Realty Trust's adjusted book value per share data for the three months ended in Mar. 2024 was $13.016. 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 $12.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arbor Realty Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arbor Realty 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.

Arbor Realty Trust Cyclically Adjusted PB Ratio Chart

Arbor Realty 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 1.54 1.49 1.76 1.16 1.26

Arbor Realty 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 0.99 1.25 1.26 1.26 1.07

Competitive Comparison of Arbor Realty Trust's Cyclically Adjusted PB Ratio

For the REIT - Mortgage subindustry, Arbor Realty 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.


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

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

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



Arbor Realty 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.23/12.37
=1.07

* 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.

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

For example, Arbor Realty 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)
=13.016/131.7762*131.7762
=13.016

Current CPI (Mar. 2024) = 131.7762.

Arbor Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.673 100.560 10.055
201409 8.813 100.428 11.564
201412 8.839 99.070 11.757
201503 9.062 99.621 11.987
201506 9.162 100.684 11.991
201509 9.347 100.392 12.269
201512 9.336 99.792 12.328
201603 9.187 100.470 12.050
201606 9.271 101.688 12.014
201609 9.360 101.861 12.109
201612 9.681 101.863 12.524
201703 9.786 102.862 12.537
201706 9.537 103.349 12.160
201709 9.578 104.136 12.120
201712 9.823 104.011 12.445
201803 10.006 105.290 12.523
201806 9.924 106.317 12.300
201809 9.352 106.507 11.571
201812 9.594 105.998 11.927
201903 9.537 107.251 11.718
201906 9.844 108.070 12.003
201909 9.903 108.329 12.046
201912 9.982 108.420 12.132
202003 8.920 108.902 10.794
202006 9.058 108.767 10.974
202009 9.519 109.815 11.423
202012 10.187 109.897 12.215
202103 10.763 111.754 12.691
202106 11.361 114.631 13.060
202109 11.519 115.734 13.116
202112 12.301 117.630 13.780
202203 12.516 121.301 13.597
202206 12.738 125.017 13.427
202209 12.751 125.227 13.418
202212 12.923 125.222 13.599
202303 12.990 127.348 13.442
202306 13.055 128.729 13.364
202309 13.109 129.860 13.302
202312 13.179 129.419 13.419
202403 13.016 131.776 13.016

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.


Arbor Realty Trust  (NYSE:ABR) 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.


Arbor Realty Trust Cyclically Adjusted PB Ratio Related Terms

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


Arbor Realty Trust (Arbor Realty Trust) Business Description

Industry
Traded in Other Exchanges
Address
333 Earle Ovington Boulevard, Suite 900, Uniondale, NY, USA, 11553
Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment. The company is externally managed and advised by Arbor Commercial Mortgage, LLC.
Executives
Ivan Kaufman director, 10 percent owner, officer: COB, CEO and President
Paul Elenio officer: Chief Financial Officer C/O ARBOR REALTY TRUST, 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
William C Green director C/O ARBOR REALTY TRUST, 333 EARLE OVINGTON BLVD, SUITE 900, UNIONDALE NY 11553
Carrie Wilkens director 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Gianni Ottaviano officer: Exec VP, Struc Fin Prod C/O ARBOR REALTY TRUST INC., 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Maysa Vahidi officer: EVP General Counsel C/O ARBOR REALTY TRUST INC., 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Melvin F Lazar director 300 EAST 56TH STREET, APT. 18A, NEW YORK NY 10022
Caryn Effron director C/O ARBOR REALTY TRUST INC., 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Malvina Iannone officer: EVP General Counsel C/O ARBOR REALTY TRUST, INC., 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Kenneth J Bacon director 5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Van Der Reis Dennis officer: EVP, Structured Asset Mgmt C/O ARBOR REALTY TRUST INC., 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
William P Connolly officer: Executive V P, Special Counsel C/O ARBOR REALTY TRUST INC., 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Steve Katz officer: Chief Investment Officer & EVP C/O ARBOR REALTY TRUST INC., 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Leiner Howard officer: EVP, Chief Technology Officer C/O ARBOR REALTY TRUST INC., 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Edward J Farrell director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017