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Stratus Properties (Stratus Properties) Cyclically Adjusted PB Ratio : 1.14 (As of May. 14, 2024)


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What is Stratus Properties Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Stratus Properties's current share price is $23.01. Stratus Properties's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $20.26. Stratus Properties's Cyclically Adjusted PB Ratio for today is 1.14.

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

STRS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.36   Max: 2.55
Current: 1.12

During the past years, Stratus Properties's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.66. And the median was 1.36.

STRS's Cyclically Adjusted PB Ratio is ranked worse than
69.95% of 1311 companies
in the Real Estate industry
Industry Median: 0.69 vs STRS: 1.12

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.

Stratus Properties's adjusted book value per share data for the three months ended in Dec. 2023 was $23.926. 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 $20.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stratus Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stratus Properties'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.

Stratus Properties Cyclically Adjusted PB Ratio Chart

Stratus Properties 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 1.79 1.52 2.10 1.01 1.42

Stratus Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.01 1.02 1.31 1.35 1.42

Competitive Comparison of Stratus Properties's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Stratus Properties'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.


Stratus Properties's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Stratus Properties 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.

Stratus Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.01/20.26
=1.14

* 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.

Stratus Properties's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Stratus Properties's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.926/129.4194*129.4194
=23.926

Current CPI (Dec. 2023) = 129.4194.

Stratus Properties Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.426 99.695 20.025
201406 15.447 100.560 19.880
201409 15.537 100.428 20.022
201412 16.981 99.070 22.183
201503 17.262 99.621 22.425
201506 17.147 100.684 22.041
201509 16.893 100.392 21.778
201512 16.933 99.792 21.960
201603 16.670 100.470 21.473
201606 16.388 101.688 20.857
201609 16.195 101.861 20.577
201612 16.171 101.863 20.546
201703 14.799 102.862 18.620
201706 14.774 103.349 18.501
201709 16.472 104.136 20.471
201712 15.652 104.011 19.476
201803 15.385 105.290 18.911
201806 15.300 106.317 18.625
201809 15.022 106.507 18.254
201812 15.187 105.998 18.543
201903 15.277 107.251 18.435
201906 14.973 108.070 17.931
201909 14.578 108.329 17.416
201912 14.774 108.420 17.635
202003 14.629 108.902 17.385
202006 15.154 108.767 18.031
202009 13.323 109.815 15.701
202012 12.032 109.897 14.169
202103 13.244 111.754 15.337
202106 12.034 114.631 13.586
202109 11.589 115.734 12.959
202112 19.179 117.630 21.101
202203 19.360 121.301 20.656
202206 31.721 125.017 32.838
202209 26.649 125.227 27.541
202212 25.935 125.222 26.804
202303 25.185 127.348 25.595
202306 24.322 128.729 24.453
202309 23.978 129.860 23.897
202312 23.926 129.419 23.926

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.


Stratus Properties  (NAS:STRS) 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.


Stratus Properties Cyclically Adjusted PB Ratio Related Terms

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


Stratus Properties (Stratus Properties) Business Description

Traded in Other Exchanges
Address
212 Lavaca Street, Suite 300, Austin, TX, USA, 78701
Stratus Properties Inc is a diversified real estate company operating in the United States. It is engaged in the acquisition, entitlement, development, management, operation and sale of commercial, multi- and single-family residential real estate properties, located in the Austin Texas area and other select markets in Texas. It operates its business through two segments namely, Real Estate Operations and Leasing Operations.
Executives
Rhone Neville L. Jr. director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Kate Henriksen director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Laurie L. Dotter director 3615 WEST LAWTHER DRIVE, DALLAS TX 75214
Michael D Madden director 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
James Joseph director
Charles W. Porter director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
James Leslie director 5924 ROYAL LANE, SUITE 250, DALLAS TX 75230
Erin D Pickens officer: Senior VP & CFO 1775 BROADWAY 23RD FLR, NEW YORK NY 10019
Armstrong William H Iii director, officer: Chair of Board, President, CEO 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
Oasis Investments Ii Master Fund Ltd. 10 percent owner UGLAND HOUSE PO BOX 309, GRAND CAYMAN E9 KY1-1104
Ella Gendel director 300 WEST 6TH STREET, SUITE 1550, AUSTIN TX 78701
Carl E Berg 10 percent owner, other: See Remarks C/O BERG & BERG DEVELOPERS, 10050 BANDLEY DR, CUPERTINO CA 95014
Seth Fischer 10 percent owner C/O OASIS MANAGEMENT (HONG KONG) LLC, 21/F MAN YEE BUILDING, 68 DES VOEUX ROAD, CENTRAL K3
Oasis Management Co Ltd. 10 percent owner 4TH FLOOR ANDERSON SQUARE,, 64 SHEDDEN ROAD, P.O. BOX 10324, GRAND CAYMAN E9 KY-1103
David M Dean other: See Remarks 16200 ADDISON ROAD, SUITE 220, ADDISON TX 75001

Stratus Properties (Stratus Properties) Headlines

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