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New England Realty Associates LP (New England Realty Associates LP) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is New England Realty Associates LP Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


New England Realty Associates LP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for New England Realty Associates LP'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.

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New England Realty Associates LP Cyclically Adjusted PB Ratio Chart

New England Realty Associates LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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New England Realty Associates LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of New England Realty Associates LP's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, New England Realty Associates LP'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.


New England Realty Associates LP's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New England Realty Associates LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where New England Realty Associates LP's Cyclically Adjusted PB Ratio falls into.



New England Realty Associates LP 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.

New England Realty Associates LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, New England Realty Associates LP'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)
=-19.617/131.7762*131.7762
=-19.617

Current CPI (Mar. 2024) = 131.7762.

New England Realty Associates LP Quarterly Data

Book Value per Share CPI Adj_Book
201406 -6.332 100.560 -8.298
201409 -6.718 100.428 -8.815
201412 -7.146 99.070 -9.505
201503 -7.655 99.621 -10.126
201506 -7.816 100.684 -10.230
201509 -7.977 100.392 -10.471
201512 -8.192 99.792 -10.818
201603 -8.328 100.470 -10.923
201606 -8.317 101.688 -10.778
201609 -8.243 101.861 -10.664
201612 -9.170 101.863 -11.863
201703 -8.975 102.862 -11.498
201706 -8.610 103.349 -10.978
201709 -8.676 104.136 -10.979
201712 -9.464 104.011 -11.990
201803 -9.303 105.290 -11.643
201806 -9.546 106.317 -11.832
201809 -9.669 106.507 -11.963
201812 -9.547 105.998 -11.869
201903 -10.445 107.251 -12.834
201906 -10.354 108.070 -12.625
201909 -10.417 108.329 -12.672
201912 -10.336 108.420 -12.563
202003 -10.407 108.902 -12.593
202006 -10.327 108.767 -12.512
202009 -10.767 109.815 -12.920
202012 -11.353 109.897 -13.613
202103 -11.753 111.754 -13.859
202106 -11.917 114.631 -13.699
202109 -12.258 115.734 -13.957
202112 -13.522 117.630 -15.148
202203 -15.466 121.301 -16.802
202206 -16.500 125.017 -17.392
202209 -17.041 125.227 -17.932
202212 -16.734 125.222 -17.610
202303 -18.215 127.348 -18.848
202306 -18.064 128.729 -18.492
202309 -18.258 129.860 -18.527
202312 -18.551 129.419 -18.889
202403 -19.617 131.776 -19.617

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.


New England Realty Associates LP  (AMEX:NEN) 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.


New England Realty Associates LP Cyclically Adjusted PB Ratio Related Terms

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New England Realty Associates LP (New England Realty Associates LP) Business Description

Traded in Other Exchanges
N/A
Address
39 Brighton Avenue, Allston, MA, USA, 02134
New England Realty Associates LP is engaged in the business of acquiring, developing, holding for investment, operating and selling real estate. The Partnership owns and operates various residential apartments, condominium units and commercial properties located in Massachusetts and New Hampshire. The company generates revenue from rental income from residential and commercial properties recognized over the term of the related lease. The long-term goals of the Partnership are to manage, rent and improve its properties and to acquire additional properties with income and capital appreciation potential as suitable opportunities arise.
Executives
Jameson Pruitt Brown director, officer: Treasurer NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02360
Ronald Brown officer: President NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02134
Carl Anthony Valeri other: 5% Owner, Asset Manager 50 UDINE STREET, ARLINGTON MA 02476
Harold Brown director, 10 percent owner, officer: Treas. & Dir. of Gen. Ptnr NEN 39 BRIGHTON AVE, ALLSTON MA 02134
1999 Revocable Trust 10 percent owner C/O NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02025
Nera 1994 Irrevocable Trust 10 percent owner, officer: Treasurer C/O LANE AITMAN & OWENS, 101 FEDERAL STREET, BOSTON MA 02110
David R Jarvis 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Real Estate Securities Offshore Fund, Ltd. 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Silvercreek Sav Llc 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Special Situations Offshore Fund Ltd 10 percent owner P O BOX 3460 RD TOWN, TORTOLA BVI E9 00000
Maclean Malcolm F Iv 10 percent owner C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Mercury Real Estate Securities Fund Lp 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Mayfair Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830
Mercury Special Situations Fund L P 10 percent owner 100 FIELD POINT RD, GREENWICH CT 06830
Mercury Securities Ii Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830

New England Realty Associates LP (New England Realty Associates LP) Headlines

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