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Power REIT (FRA:P8P) Cyclically Adjusted PB Ratio : 0.08 (As of Jun. 08, 2024)


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What is Power REIT Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Power REIT's current share price is €0.88. Power REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.78. Power REIT's Cyclically Adjusted PB Ratio for today is 0.08.

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

FRA:P8P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 1.23   Max: 12.2
Current: 0.11

During the past years, Power REIT's highest Cyclically Adjusted PB Ratio was 12.20. The lowest was 0.05. And the median was 1.23.

FRA:P8P's Cyclically Adjusted PB Ratio is ranked better than
96.16% of 495 companies
in the REITs industry
Industry Median: 0.76 vs FRA:P8P: 0.11

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.

Power REIT's adjusted book value per share data for the three months ended in Mar. 2024 was €5.277. 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 €10.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power REIT Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Power REIT'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.

Power REIT Cyclically Adjusted PB Ratio Chart

Power REIT 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 1.63 5.10 10.73 0.53 0.08

Power REIT 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 0.48 0.21 0.15 0.08 0.09

Competitive Comparison of Power REIT's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, Power REIT'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.


Power REIT's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Power REIT 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.

Power REIT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.88/10.78
=0.08

* 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.

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

For example, Power REIT'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)
=5.277/131.7762*131.7762
=5.277

Current CPI (Mar. 2024) = 131.7762.

Power REIT Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.490 100.560 4.573
201409 3.544 100.428 4.650
201412 3.458 99.070 4.600
201503 3.896 99.621 5.154
201506 3.712 100.684 4.858
201509 3.586 100.392 4.707
201512 3.613 99.792 4.771
201603 3.599 100.470 4.720
201606 3.457 101.688 4.480
201609 3.475 101.861 4.496
201612 3.726 101.863 4.820
201703 3.764 102.862 4.822
201706 3.581 103.349 4.566
201709 3.412 104.136 4.318
201712 3.527 104.011 4.469
201803 3.467 105.290 4.339
201806 3.741 106.317 4.637
201809 3.748 106.507 4.637
201812 3.939 105.998 4.897
201903 4.053 107.251 4.980
201906 4.134 108.070 5.041
201909 4.357 108.329 5.300
201912 4.430 108.420 5.384
202003 4.479 108.902 5.420
202006 4.600 108.767 5.573
202009 4.634 109.815 5.561
202012 5.027 109.897 6.028
202103 12.558 111.754 14.808
202106 12.664 114.631 14.558
202109 13.422 115.734 15.282
202112 13.093 117.630 14.668
202203 13.688 121.301 14.870
202206 14.512 125.017 15.297
202209 15.578 125.227 16.393
202212 9.914 125.222 10.433
202303 9.733 127.348 10.071
202306 9.038 128.729 9.252
202309 6.420 129.860 6.515
202312 5.806 129.419 5.912
202403 5.277 131.776 5.277

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.


Power REIT  (FRA:P8P) 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.


Power REIT Cyclically Adjusted PB Ratio Related Terms

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


Power REIT (FRA:P8P) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Power REIT (FRA:P8P) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
301 Winding Road, Old Bethpage, NY, USA, 11804
Power REIT is a real estate investment trust (REIT) that owns real estate related to properties for Controlled Environment Agriculture, Renewable Energy and Transportation. The company is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture for the cultivation of food and cannabis. The company is focused on CEA in the form of a greenhouse which uses dramatically less energy than indoor growing, 95% less water usage than outdoor growing and does not have any agricultural runoff of fertilizers or pesticides. To date, its greenhouse properties are operated for the cultivation of cannabis by state-licensed operators.

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