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CyrusOne (CyrusOne) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is CyrusOne Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CyrusOne Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CyrusOne'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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CyrusOne Cyclically Adjusted PB Ratio Chart

CyrusOne Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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CyrusOne Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of CyrusOne's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, CyrusOne'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.


CyrusOne's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



CyrusOne 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.

CyrusOne's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, CyrusOne's adjusted Book Value per Share data for the three months ended in Dec. 2021 was:

Adj_Book=Book Value per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=22.567/117.6295*117.6295
=22.567

Current CPI (Dec. 2021) = 117.6295.

CyrusOne Quarterly Data

Book Value per Share CPI Adj_Book
201203 15.989 96.783 19.433
201206 15.479 96.819 18.806
201209 15.325 97.633 18.464
201212 25.761 96.871 31.281
201303 15.179 98.209 18.181
201306 14.828 98.518 17.705
201309 14.713 98.790 17.519
201312 14.642 98.326 17.517
201403 14.092 99.695 16.627
201406 12.385 100.560 14.487
201409 12.245 100.428 14.342
201412 11.922 99.070 14.155
201503 11.424 99.621 13.489
201506 12.218 100.684 14.274
201509 11.894 100.392 13.936
201512 11.324 99.792 13.348
201603 13.091 100.470 15.327
201606 12.867 101.688 14.884
201609 14.244 101.861 16.449
201612 13.910 101.863 16.063
201703 14.860 102.862 16.993
201706 16.057 103.349 18.276
201709 15.077 104.136 17.031
201712 17.828 104.011 20.162
201803 18.746 105.290 20.943
201806 19.454 106.317 21.524
201809 21.156 106.507 23.365
201812 20.549 105.998 22.804
201903 21.557 107.251 23.643
201906 21.759 108.070 23.684
201909 21.351 108.329 23.184
201912 21.206 108.420 23.007
202003 20.552 108.902 22.199
202006 21.058 108.767 22.774
202009 21.627 109.815 23.166
202012 21.240 109.897 22.735
202103 21.339 111.754 22.461
202106 21.422 114.631 21.982
202109 22.106 115.734 22.468
202112 22.567 117.630 22.567

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.


CyrusOne  (NAS:CONE) 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.


CyrusOne Cyclically Adjusted PB Ratio Related Terms

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


CyrusOne (CyrusOne) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
2850 N. Harwood Street, Suite 2200, Dallas, TX, USA, 75201
CyrusOne owns or operates 53 data centers, primarily in the U.S., that encompass more than 8 million net rentable square feet. It has a few properties in Europe and Asia. CyrusOne has both multitenant and single-tenant data centers, and it is primarily a wholesale provider, offering large spaces on longer-term leases. The firm has about 1,000 total customers, and cloud service providers and other information technology firms make up about half its total revenue. Its largest customer, Microsoft, accounted for over 20% of 2020 revenue, and its top 10 customers generated about 50%. After cloud providers, companies in the financial services and energy industries contributed the biggest proportions of CyrusOne's sales.
Executives
Katherine Motlagh officer: EVP & CFO C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Gamble John W Jr director ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
William E Sullivan director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Alex Shumate director 41 S HIGH ST, STE 1300, COLUMBUS OH 43215
Denise Olsen director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Mark Skomal officer: SVP & Chief Accounting Officer C/O CYRUSONE INC. 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
David H. Ferdman director, officer: President & CEO 5202 BRAEBURN BELLAIRE TX 77401
John Hatem officer: EVP & COO C/O CYRUSONE 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
Robert M Jackson officer: EVP & General Counsel C/O CYRUSONE INC., 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Tod Nielsen director C/O VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Kevin L Timmons officer: CHIEF TECHNOLOGY OFFICER 20200 MENDELSOHN LANE, SARATOGA CA 95070
Bruce W Duncan director, officer: President & CEO ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Diane M Morefield officer: Chief Financial Officer 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Michael Klayko director