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Regal Real Estate Investment Trust (Regal Real Estate Investment Trust) Cyclically Adjusted PB Ratio : 0.13 (As of Jun. 10, 2024)


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What is Regal Real Estate Investment Trust Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Regal Real Estate Investment Trust's current share price is $0.19. Regal Real Estate Investment Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $1.45. Regal Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.13.

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

RREIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.31   Max: 0.56
Current: 0.12

During the past 13 years, Regal Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 0.56. The lowest was 0.09. And the median was 0.31.

RREIF's Cyclically Adjusted PB Ratio is ranked better than
96.36% of 495 companies
in the REITs industry
Industry Median: 0.75 vs RREIF: 0.12

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.

Regal Real Estate Investment Trust's adjusted book value per share data of for the fiscal year that ended in Dec23 was $0.514. 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 $1.45 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regal Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Regal Real Estate Investment Trust'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.

Regal Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Regal Real Estate Investment Trust 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 0.41 0.28 0.29 0.29 0.13

Regal Real Estate Investment Trust 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 0.29 - 0.29 - 0.13

Competitive Comparison of Regal Real Estate Investment Trust's Cyclically Adjusted PB Ratio

For the REIT - Hotel & Motel subindustry, Regal Real Estate Investment Trust'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.


Regal Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Regal Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.



Regal Real Estate Investment Trust 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.

Regal Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.19/1.45
=0.13

* 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.

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

For example, Regal Real Estate Investment Trust'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)
=0.514/117.2957*117.2957
=0.514

Current CPI (Dec23) = 117.2957.

Regal Real Estate Investment Trust Annual Data

Book Value per Share CPI Adj_Book
201412 0.614 99.707 0.722
201512 0.530 102.015 0.609
201612 0.532 103.225 0.605
201712 0.608 104.984 0.679
201812 0.680 107.622 0.741
201912 0.577 110.700 0.611
202012 0.472 109.711 0.505
202112 0.478 112.349 0.499
202212 0.505 114.548 0.517
202312 0.514 117.296 0.514

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.


Regal Real Estate Investment Trust  (OTCPK:RREIF) 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.


Regal Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

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Regal Real Estate Investment Trust (Regal Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
68 Yee Wo Street, Unit No. 2001, 20th Floor, Causeway Bay, Hong Kong, HKG
Regal Real Estate Investment Trust is a Hong Kong-based REIT that invests in hotel properties, serviced apartments, and commercial properties. The company owns and invests in income-producing hotels, serviced apartments, or commercial properties (including office premises) with the objectives of producing stable and growing distributions to the unitholders of Regal REIT and achieving long-term growth in the net asset value per Unit. the company has two operating segments; the hotel properties segment which invested in the Initial Hotels, iclub Sheung Wan Hotel, iclub Fortress Hill Hotel, and iclub To Kwa Wan Hotel, and the mixed-use property segment which invested in the iclub Wan Chai Hotel. Regal generates the majority of its revenue from the hotel properties segment.

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