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Brixmor Property Group (FRA:BXR) Cyclically Adjusted PB Ratio : 1.97 (As of May. 19, 2024)


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What is Brixmor Property Group Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Brixmor Property Group's current share price is €20.40. Brixmor Property Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.37. Brixmor Property Group's Cyclically Adjusted PB Ratio for today is 1.97.

The historical rank and industry rank for Brixmor Property Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:BXR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.05   Max: 2.54
Current: 1.98

During the past years, Brixmor Property Group's highest Cyclically Adjusted PB Ratio was 2.54. The lowest was 1.68. And the median was 2.05.

FRA:BXR's Cyclically Adjusted PB Ratio is ranked worse than
83.2% of 494 companies
in the REITs industry
Industry Median: 0.77 vs FRA:BXR: 1.98

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.

Brixmor Property Group's adjusted book value per share data for the three months ended in Mar. 2024 was €8.730. 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 €10.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brixmor Property Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brixmor Property Group'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.

Brixmor Property Group Cyclically Adjusted PB Ratio Chart

Brixmor Property Group 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 - - 2.43 2.06 2.07

Brixmor Property Group 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 1.93 1.95 1.82 2.07 2.06

Competitive Comparison of Brixmor Property Group's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Brixmor Property Group'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.


Brixmor Property Group's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Brixmor Property Group 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.

Brixmor Property Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.40/10.37
=1.97

* 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.

Brixmor Property Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Brixmor Property Group'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)
=8.73/131.7762*131.7762
=8.730

Current CPI (Mar. 2024) = 131.7762.

Brixmor Property Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.358 100.560 9.642
201409 7.708 100.428 10.114
201412 7.941 99.070 10.563
201503 8.963 99.621 11.856
201506 8.612 100.684 11.271
201509 8.582 100.392 11.265
201512 8.807 99.792 11.630
201603 8.562 100.470 11.230
201606 8.472 101.688 10.979
201609 8.444 101.861 10.924
201612 9.105 101.863 11.779
201703 8.958 102.862 11.476
201706 8.510 103.349 10.851
201709 8.038 104.136 10.172
201712 8.068 104.011 10.222
201803 7.664 105.290 9.592
201806 8.081 106.317 10.016
201809 8.214 106.507 10.163
201812 8.352 105.998 10.383
201903 8.294 107.251 10.191
201906 8.213 108.070 10.015
201909 8.412 108.329 10.233
201912 8.291 108.420 10.077
202003 8.149 108.902 9.861
202006 8.026 108.767 9.724
202009 7.771 109.815 9.325
202012 7.432 109.897 8.912
202103 7.556 111.754 8.910
202106 7.533 114.631 8.660
202109 7.706 115.734 8.774
202112 8.094 117.630 9.067
202203 8.409 121.301 9.135
202206 8.849 125.017 9.327
202209 9.524 125.227 10.022
202212 9.018 125.222 9.490
202303 8.973 127.348 9.285
202306 8.832 128.729 9.041
202309 8.941 129.860 9.073
202312 8.695 129.419 8.853
202403 8.730 131.776 8.730

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.


Brixmor Property Group  (FRA:BXR) 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.


Brixmor Property Group Cyclically Adjusted PB Ratio Related Terms

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


Brixmor Property Group (FRA:BXR) Business Description

Traded in Other Exchanges
Address
450 Lexington Avenue, 13th Floor, New York, NY, USA, 10017
Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT.

Brixmor Property Group (FRA:BXR) Headlines

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