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ACRES Commercial Realty (STU:R9L1) Cyclically Adjusted PB Ratio : 0.18 (As of Jun. 09, 2024)


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What is ACRES Commercial Realty Cyclically Adjusted PB Ratio?

As of today (2024-06-09), ACRES Commercial Realty's current share price is €11.40. ACRES Commercial Realty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €62.70. ACRES Commercial Realty's Cyclically Adjusted PB Ratio for today is 0.18.

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

STU:R9L1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.32   Max: 0.59
Current: 0.18

During the past years, ACRES Commercial Realty's highest Cyclically Adjusted PB Ratio was 0.59. The lowest was 0.04. And the median was 0.32.

STU:R9L1's Cyclically Adjusted PB Ratio is ranked better than
93.33% of 495 companies
in the REITs industry
Industry Median: 0.76 vs STU:R9L1: 0.18

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.

ACRES Commercial Realty's adjusted book value per share data for the three months ended in Mar. 2024 was €51.806. 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 €62.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACRES Commercial Realty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ACRES Commercial Realty'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.

ACRES Commercial Realty Cyclically Adjusted PB Ratio Chart

ACRES Commercial Realty 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 0.47 0.17 0.17 0.11 0.14

ACRES Commercial Realty 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 0.13 0.12 0.12 0.14 0.20

Competitive Comparison of ACRES Commercial Realty's Cyclically Adjusted PB Ratio

For the REIT - Mortgage subindustry, ACRES Commercial Realty'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.


ACRES Commercial Realty's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



ACRES Commercial Realty 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.

ACRES Commercial Realty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.40/62.7
=0.18

* 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.

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

For example, ACRES Commercial Realty'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)
=51.806/131.7762*131.7762
=51.806

Current CPI (Mar. 2024) = 131.7762.

ACRES Commercial Realty Quarterly Data

Book Value per Share CPI Adj_Book
201406 62.109 100.560 81.390
201409 65.083 100.428 85.399
201412 68.467 99.070 91.070
201503 76.955 99.621 101.794
201506 69.633 100.684 91.136
201509 69.639 100.392 91.410
201512 71.449 99.792 94.349
201603 68.063 100.470 89.271
201606 66.618 101.688 86.329
201609 61.917 101.861 80.101
201612 64.509 101.863 83.453
201703 63.113 102.862 80.854
201706 60.000 103.349 76.504
201709 58.598 104.136 74.152
201712 54.158 104.011 68.615
201803 42.293 105.290 52.932
201806 45.092 106.317 55.890
201809 45.507 106.507 56.304
201812 46.132 105.998 57.351
201903 46.474 107.251 57.102
201906 46.481 108.070 56.677
201909 48.511 108.329 59.011
201912 47.121 108.420 57.272
202003 28.983 108.902 35.071
202006 25.481 108.767 30.871
202009 25.221 109.815 30.265
202012 27.047 109.897 32.432
202103 29.952 111.754 35.318
202106 39.669 114.631 45.602
202109 39.981 115.734 45.523
202112 43.353 117.630 48.567
202203 45.499 121.301 49.428
202206 46.855 125.017 49.388
202209 50.755 125.227 53.410
202212 47.206 125.222 49.677
202303 46.855 127.348 48.484
202306 47.089 128.729 48.204
202309 48.543 129.860 49.259
202312 50.724 129.419 51.648
202403 51.806 131.776 51.806

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.


ACRES Commercial Realty  (STU:R9L1) 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.


ACRES Commercial Realty Cyclically Adjusted PB Ratio Related Terms

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


ACRES Commercial Realty (STU:R9L1) Business Description

Traded in Other Exchanges
Address
390 RXR Plaza, Uniondale, New York, NY, USA, 11556
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on real-estate-related assets and, to a lesser extent, commercial finance assets. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralize debt obligations, and private equity investments mainly issued by financial institutions.

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