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Boardwalk Real Estate Investment Trust (Boardwalk Real Estate Investment Trust) Cyclically Adjusted PB Ratio : 0.92 (As of Jun. 01, 2024)


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

As of today (2024-06-01), Boardwalk Real Estate Investment Trust's current share price is $50.6183. Boardwalk Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $54.77. Boardwalk Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.92.

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

BOWFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.95   Max: 3.88
Current: 0.93

During the past years, Boardwalk Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 3.88. The lowest was 0.33. And the median was 0.95.

BOWFF's Cyclically Adjusted PB Ratio is ranked worse than
58.99% of 495 companies
in the REITs industry
Industry Median: 0.76 vs BOWFF: 0.93

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.

Boardwalk Real Estate Investment Trust's adjusted book value per share data for the three months ended in Mar. 2024 was $63.260. 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 $54.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boardwalk Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Boardwalk 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.

Boardwalk Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Boardwalk Real Estate Investment 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 0.78 0.52 0.80 0.69 0.96

Boardwalk Real Estate Investment 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 0.76 0.84 0.90 0.96 1.04

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

For the REIT - Residential subindustry, Boardwalk 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.


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

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

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



Boardwalk 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.

Boardwalk 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
=50.6183/54.77
=0.92

* 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.

Boardwalk Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Boardwalk Real Estate Investment 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)
=63.26/126.2576*126.2576
=63.260

Current CPI (Mar. 2024) = 126.2576.

Boardwalk Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 60.946 99.473 77.356
201409 60.483 99.394 76.830
201412 56.002 98.367 71.881
201503 51.908 99.789 65.676
201506 53.138 100.500 66.757
201509 46.421 100.421 58.364
201512 45.621 99.947 57.630
201603 47.867 101.054 59.806
201606 48.828 102.002 60.439
201609 47.096 101.765 58.431
201612 44.641 101.449 55.558
201703 44.347 102.634 54.555
201706 45.206 103.029 55.398
201709 49.233 103.345 60.149
201712 45.892 103.345 56.067
201803 46.183 105.004 55.531
201806 46.185 105.557 55.242
201809 46.829 105.636 55.971
201812 45.749 105.399 54.803
201903 45.682 106.979 53.914
201906 46.851 107.690 54.929
201909 48.017 107.611 56.337
201912 46.484 107.769 54.459
202003 44.457 107.927 52.008
202006 45.117 108.401 52.549
202009 45.575 108.164 53.199
202012 44.012 108.559 51.187
202103 45.122 110.298 51.651
202106 47.029 111.720 53.149
202109 48.816 112.905 54.589
202112 50.216 113.774 55.726
202203 51.693 117.646 55.477
202206 53.351 120.806 55.759
202209 51.751 120.648 54.157
202212 50.840 120.964 53.065
202303 53.514 122.702 55.065
202306 58.394 124.203 59.360
202309 57.720 125.230 58.193
202312 59.783 125.072 60.350
202403 63.260 126.258 63.260

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.


Boardwalk Real Estate Investment Trust  (OTCPK:BOWFF) 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.


Boardwalk Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

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

Traded in Other Exchanges
Address
1501 - 1st Street S.W., Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.

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