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Pennsylvania Real Estate Investment Trust (STU:WX3A) Cyclically Adjusted PB Ratio : 0.00 (As of Jun. 10, 2024)


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

As of today (2024-06-10), Pennsylvania Real Estate Investment Trust's current share price is €0.396. Pennsylvania Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €95.98. Pennsylvania Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past years, Pennsylvania Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.01. And the median was 0.76.

STU:WX3A's Cyclically Adjusted PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.75
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Pennsylvania Real Estate Investment Trust's adjusted book value per share data for the three months ended in Sep. 2023 was €-46.117. 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 €95.98 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pennsylvania Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pennsylvania 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.

Pennsylvania Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Pennsylvania Real Estate Investment Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.49 0.10 0.11 0.01

Pennsylvania Real Estate Investment Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.02 0.01 0.01 - -

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

For the REIT - Retail subindustry, Pennsylvania 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.


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

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

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



Pennsylvania 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.

Pennsylvania 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
=0.396/95.98
=0.00

* 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.

Pennsylvania Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Pennsylvania Real Estate Investment Trust's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-46.117/129.8595*129.8595
=-46.117

Current CPI (Sep. 2023) = 129.8595.

Pennsylvania Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201312 143.050 98.326 188.927
201403 136.529 99.695 177.839
201406 132.913 100.560 171.640
201409 137.639 100.428 177.976
201412 144.169 99.070 188.975
201503 156.223 99.621 203.642
201506 141.617 100.684 182.654
201509 131.676 100.392 170.327
201512 125.204 99.792 162.928
201603 117.782 100.470 152.235
201606 114.573 101.688 146.314
201609 112.632 101.861 143.591
201612 113.504 101.863 144.700
201703 141.350 102.862 178.449
201706 121.589 103.349 152.778
201709 133.869 104.136 166.938
201712 114.410 104.011 142.843
201803 104.655 105.290 129.077
201806 101.995 106.317 124.581
201809 100.384 106.507 122.394
201812 82.412 105.998 100.964
201903 85.081 107.251 103.017
201906 78.398 108.070 94.205
201909 80.340 108.329 96.307
201912 73.727 108.420 88.306
202003 63.621 108.902 75.865
202006 57.159 108.767 68.243
202009 50.844 109.815 60.125
202012 20.316 109.897 24.006
202103 14.550 111.754 16.907
202106 11.102 114.631 12.577
202109 6.132 115.734 6.880
202112 2.650 117.630 2.926
202203 -0.923 121.301 -0.988
202206 -2.166 125.017 -2.250
202209 -14.898 125.227 -15.449
202212 -19.983 125.222 -20.723
202303 -28.010 127.348 -28.562
202306 -35.525 128.729 -35.837
202309 -46.117 129.860 -46.117

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.


Pennsylvania Real Estate Investment Trust  (STU:WX3A) 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.


Pennsylvania Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

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


Pennsylvania Real Estate Investment Trust (STU:WX3A) Business Description

Address
One Commerce Square, 2005 Market Street, Suite 1000, Philadelphia, PA, USA, 19103
Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.

Pennsylvania Real Estate Investment Trust (STU:WX3A) Headlines

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