GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Scully Royalty Ltd (FRA:MB01) » Definitions » Cyclically Adjusted PB Ratio

Scully Royalty (FRA:MB01) Cyclically Adjusted PB Ratio : 0.30 (As of May. 08, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Scully Royalty Cyclically Adjusted PB Ratio?

As of today (2024-05-08), Scully Royalty's current share price is €5.60. Scully Royalty's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €18.67. Scully Royalty's Cyclically Adjusted PB Ratio for today is 0.30.

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

FRA:MB01' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.26   Max: 0.86
Current: 0.27

During the past 13 years, Scully Royalty's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.09. And the median was 0.26.

FRA:MB01's Cyclically Adjusted PB Ratio is ranked better than
86.48% of 466 companies
in the Capital Markets industry
Industry Median: 1.14 vs FRA:MB01: 0.27

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.

Scully Royalty's adjusted book value per share data of for the fiscal year that ended in Dec23 was €14.870. 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 €18.67 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scully Royalty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Scully Royalty'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.

Scully Royalty Cyclically Adjusted PB Ratio Chart

Scully Royalty 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 0.30 0.13 0.30 0.30 0.28

Scully Royalty Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.30 - 0.30 - 0.28

Competitive Comparison of Scully Royalty's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Scully Royalty'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.


Scully Royalty's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Scully Royalty's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Scully Royalty 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.

Scully Royalty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.60/18.67
=0.30

* 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.

Scully Royalty's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Scully Royalty's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=14.87/114.6694*114.6694
=14.870

Current CPI (Dec23) = 114.6694.

Scully Royalty Annual Data

Book Value per Share CPI Adj_Book
201412 36.820 99.000 42.648
201512 16.535 100.600 18.848
201612 15.658 102.600 17.500
201712 12.458 104.500 13.670
201812 17.130 106.500 18.444
201912 16.352 111.200 16.862
202012 15.699 111.500 16.145
202112 17.104 113.108 17.340
202212 15.244 115.116 15.185
202312 14.870 114.669 14.870

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.


Scully Royalty  (FRA:MB01) 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.


Scully Royalty Cyclically Adjusted PB Ratio Related Terms

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


Scully Royalty (FRA:MB01) Business Description

Traded in Other Exchanges
Address
2299 Yan An Road West, Room 2103 Shanghai Mart Tower, Changning District, Shanghai, CHN, 200336
Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Royalty, which includes an interest in an iron ore mine; Industrial, which includes projects in resources and services; Merchant Banking, which comprises regulated merchant banking activities. The majority of the revenue is generated from the Royalty segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which Canada accounts for the majority of the revenue.

Scully Royalty (FRA:MB01) Headlines

No Headlines