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Realtyome (LTS:0KUE) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 10, 2024)


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What is Realtyome Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Realtyome's current share price is $53.4788. Realtyome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $36.17. Realtyome's Cyclically Adjusted PB Ratio for today is 1.48.

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

LTS:0KUE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.78   Max: 4
Current: 1.47

During the past years, Realtyome's highest Cyclically Adjusted PB Ratio was 4.00. The lowest was 1.40. And the median was 2.78.

LTS:0KUE's Cyclically Adjusted PB Ratio is ranked worse than
76.97% of 495 companies
in the REITs industry
Industry Median: 0.75 vs LTS:0KUE: 1.47

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.

Realtyome's adjusted book value per share data for the three months ended in Mar. 2024 was $44.773. 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 $36.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Realtyome Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Realtyome'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.

Realtyome Cyclically Adjusted PB Ratio Chart

Realtyome 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 3.11 2.42 2.52 1.94 1.63

Realtyome 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 1.88 1.74 1.43 1.63 1.49

Competitive Comparison of Realtyome's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Realtyome'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.


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

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

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



Realtyome 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.

Realtyome's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.4788/36.17
=1.48

* 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.

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

For example, Realtyome'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)
=44.773/131.7762*131.7762
=44.773

Current CPI (Mar. 2024) = 131.7762.

Realtyome Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.476 100.560 30.764
201409 23.202 100.428 30.444
201412 23.203 99.070 30.863
201503 23.145 99.621 30.616
201506 23.694 100.684 31.011
201509 23.707 100.392 31.118
201512 24.504 99.792 32.358
201603 24.230 100.470 31.780
201606 24.831 101.688 32.178
201609 24.592 101.861 31.814
201612 24.490 101.863 31.682
201703 25.764 102.862 33.006
201706 25.547 103.349 32.574
201709 26.100 104.136 33.028
201712 25.936 104.011 32.859
201803 25.557 105.290 31.986
201806 25.776 106.317 31.949
201809 26.008 106.507 32.179
201812 26.630 105.998 33.106
201903 26.279 107.251 32.288
201906 27.772 108.070 33.864
201909 28.515 108.329 34.687
201912 29.298 108.420 35.609
202003 30.250 108.902 36.604
202006 29.982 108.767 36.324
202009 29.865 109.815 35.838
202012 30.405 109.897 36.458
202103 30.882 111.754 36.415
202106 31.142 114.631 35.800
202109 32.991 115.734 37.564
202112 42.371 117.630 47.467
202203 42.393 121.301 46.054
202206 42.630 125.017 44.935
202209 42.633 125.227 44.863
202212 43.485 125.222 45.761
202303 43.462 127.348 44.973
202306 43.940 128.729 44.980
202309 43.732 129.860 44.377
202312 43.778 129.419 44.575
202403 44.773 131.776 44.773

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.


Realtyome  (LTS:0KUE) 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.


Realtyome Cyclically Adjusted PB Ratio Related Terms

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


Realtyome (LTS:0KUE) Business Description

Industry
Address
11995 El Camino Real, San Diego, CA, USA, 92130
Realty Income owns roughly 13,100 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.

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