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INVL Baltic Real Estate (OVSE:INR1L) Cyclically Adjusted PB Ratio : 0.50 (As of May. 20, 2024)


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What is INVL Baltic Real Estate Cyclically Adjusted PB Ratio?

As of today (2024-05-20), INVL Baltic Real Estate's current share price is €2.04. INVL Baltic Real Estate's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €4.10. INVL Baltic Real Estate's Cyclically Adjusted PB Ratio for today is 0.50.

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

OVSE:INR1L' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.45   Max: 0.51
Current: 0.5

During the past 11 years, INVL Baltic Real Estate's highest Cyclically Adjusted PB Ratio was 0.51. The lowest was 0.42. And the median was 0.45.

OVSE:INR1L's Cyclically Adjusted PB Ratio is ranked better than
59.91% of 1322 companies
in the Real Estate industry
Industry Median: 0.7 vs OVSE:INR1L: 0.50

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.

INVL Baltic Real Estate's adjusted book value per share data of for the fiscal year that ended in Dec23 was €2.917. 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 €4.10 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


INVL Baltic Real Estate Cyclically Adjusted PB Ratio Historical Data

The historical data trend for INVL Baltic Real Estate'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.

INVL Baltic Real Estate Cyclically Adjusted PB Ratio Chart

INVL Baltic Real Estate 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 - - - 0.44 0.51

INVL Baltic Real Estate 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 - - 0.44 - 0.51

Competitive Comparison of INVL Baltic Real Estate's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, INVL Baltic Real Estate'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.


INVL Baltic Real Estate's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where INVL Baltic Real Estate's Cyclically Adjusted PB Ratio falls into.



INVL Baltic Real Estate 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.

INVL Baltic Real Estate's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.04/4.1
=0.50

* 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.

INVL Baltic Real Estate's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, INVL Baltic Real Estate'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)
=2.917/129.4194*129.4194
=2.917

Current CPI (Dec23) = 129.4194.

INVL Baltic Real Estate Annual Data

Book Value per Share CPI Adj_Book
201412 10.286 99.070 13.437
201512 2.150 99.792 2.788
201612 2.363 101.863 3.002
201712 2.575 104.011 3.204
201812 2.686 105.998 3.280
201912 3.348 108.420 3.996
202012 2.212 109.897 2.605
202112 2.516 117.630 2.768
202212 2.920 125.222 3.018
202312 2.917 129.419 2.917

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.


INVL Baltic Real Estate  (OVSE:INR1L) 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.


INVL Baltic Real Estate Cyclically Adjusted PB Ratio Related Terms

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


INVL Baltic Real Estate (OVSE:INR1L) Business Description

Traded in Other Exchanges
N/A
Address
Gyneju Street 14, Vilnius, LTU, 01109
INVL Baltic Real Estate is a real estate investment company seeks to ensure the growth of rental income and earn from investments in commercial real estate. The companies owned by INVL Baltic Real Estate invested in commercial real estate: business centers, manufacturing and warehouse properties in Lithuania and Latvia. All the properties are characterized by high occupancy rates and generate stable financial flows, most of them has further development potential. INVL Baltic Real Estate is operating as a closed-end investment company. Management of the company was assumed by INVL Asset Management, the leading alternative asset manager in the Baltics, a part of the leading Baltic asset management group Invalda INVL. The company will operate as a closed-end investment company until 2046.

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