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EPR Properties (FRA:E2H) Cyclically Adjusted PB Ratio : 0.96 (As of May. 28, 2024)


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What is EPR Properties Cyclically Adjusted PB Ratio?

As of today (2024-05-28), EPR Properties's current share price is €37.405. EPR Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €38.87. EPR Properties's Cyclically Adjusted PB Ratio for today is 0.96.

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

FRA:E2H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.53   Max: 2.31
Current: 0.95

During the past years, EPR Properties's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.48. And the median was 1.53.

FRA:E2H's Cyclically Adjusted PB Ratio is ranked worse than
59.72% of 494 companies
in the REITs industry
Industry Median: 0.755 vs FRA:E2H: 0.95

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.

EPR Properties's adjusted book value per share data for the three months ended in Mar. 2024 was €29.765. 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 €38.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EPR Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EPR Properties'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.

EPR Properties Cyclically Adjusted PB Ratio Chart

EPR Properties 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 1.88 0.86 1.19 0.90 1.14

EPR Properties 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 0.90 1.10 0.97 1.14 0.99

Competitive Comparison of EPR Properties's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, EPR Properties'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.


EPR Properties's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



EPR Properties 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.

EPR Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.405/38.87
=0.96

* 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.

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

For example, EPR Properties'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)
=29.765/131.7762*131.7762
=29.765

Current CPI (Mar. 2024) = 131.7762.

EPR Properties Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.108 100.560 31.592
201409 26.168 100.428 34.336
201412 27.342 99.070 36.369
201503 30.849 99.621 40.806
201506 29.613 100.684 38.758
201509 29.950 100.392 39.313
201512 31.298 99.792 41.329
201603 31.004 100.470 40.665
201606 30.698 101.688 39.781
201609 30.657 101.861 39.661
201612 32.556 101.863 42.117
201703 32.325 102.862 41.411
201706 35.054 103.349 44.696
201709 32.895 104.136 41.626
201712 33.369 104.011 42.277
201803 31.378 105.290 39.271
201806 33.226 106.317 41.183
201809 33.399 106.507 41.323
201812 33.871 105.998 42.108
201903 34.149 107.251 41.958
201906 34.744 108.070 42.366
201909 35.288 108.329 42.926
201912 34.476 108.420 41.903
202003 33.814 108.902 40.917
202006 32.564 108.767 39.453
202009 30.153 109.815 36.183
202012 28.983 109.897 34.753
202103 29.599 111.754 34.902
202106 29.439 114.631 33.842
202109 29.899 115.734 34.043
202112 30.970 117.630 34.695
202203 31.502 121.301 34.222
202206 32.517 125.017 34.275
202209 34.412 125.227 36.212
202212 31.904 125.222 33.574
202303 31.404 127.348 32.496
202306 30.423 128.729 31.143
202309 30.770 129.860 31.224
202312 29.872 129.419 30.416
202403 29.765 131.776 29.765

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.


EPR Properties  (FRA:E2H) 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.


EPR Properties Cyclically Adjusted PB Ratio Related Terms

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


EPR Properties (FRA:E2H) Business Description

Industry
Address
909 Walnut Street, Suite 200, Kansas, MO, USA, 64106
EPR Properties is a real estate investment trust that leases experiential properties in the United States and Canada. The company invests in two property segments: experiential, including theaters, family entertainment centers, ski resorts, and other attractions; and education, including early childhood education centers and private school properties. New investments are determined based on value and opportunity of the respective industry, location quality, and credit quality of tenants. The majority of revenue comes from the experiential sector. Texas, Florida, New York, and California are key revenue-driving states.

EPR Properties (FRA:E2H) Headlines

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