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Bridgemarq Real Estate Services (TSX:BRE) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Bridgemarq Real Estate Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bridgemarq Real Estate Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bridgemarq Real Estate Services'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.

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Bridgemarq Real Estate Services Cyclically Adjusted PB Ratio Chart

Bridgemarq Real Estate Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Bridgemarq Real Estate Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Bridgemarq Real Estate Services's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Bridgemarq Real Estate Services'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.


Bridgemarq Real Estate Services's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Bridgemarq Real Estate Services 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.

Bridgemarq Real Estate Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bridgemarq Real Estate Services'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)
=-6.568/126.2576*126.2576
=-6.568

Current CPI (Mar. 2024) = 126.2576.

Bridgemarq Real Estate Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.473 99.473 -1.870
201409 -1.539 99.394 -1.955
201412 -1.581 98.367 -2.029
201503 -2.253 99.789 -2.851
201506 -2.553 100.500 -3.207
201509 -2.042 100.421 -2.567
201512 -2.675 99.947 -3.379
201603 -2.901 101.054 -3.625
201606 -3.103 102.002 -3.841
201609 -3.537 101.765 -4.388
201612 -3.300 101.449 -4.107
201703 -3.490 102.634 -4.293
201706 -3.464 103.029 -4.245
201709 -3.275 103.345 -4.001
201712 -3.309 103.345 -4.043
201803 -3.673 105.004 -4.416
201806 -4.397 105.557 -5.259
201809 -3.411 105.636 -4.077
201812 -2.813 105.399 -3.370
201903 -4.035 106.979 -4.762
201906 -3.555 107.690 -4.168
201909 -3.637 107.611 -4.267
201912 -3.838 107.769 -4.496
202003 -2.054 107.927 -2.403
202006 -3.359 108.401 -3.912
202009 -3.929 108.164 -4.586
202012 -5.108 108.559 -5.941
202103 -5.712 110.298 -6.539
202106 -5.954 111.720 -6.729
202109 -5.883 112.905 -6.579
202112 -5.955 113.774 -6.608
202203 -5.795 117.646 -6.219
202206 -4.937 120.806 -5.160
202209 -5.390 120.648 -5.641
202212 -5.094 120.964 -5.317
202303 -5.928 122.702 -6.100
202306 -6.145 124.203 -6.247
202309 -5.576 125.230 -5.622
202312 -6.023 125.072 -6.080
202403 -6.568 126.258 -6.568

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.


Bridgemarq Real Estate Services  (TSX:BRE) 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.


Bridgemarq Real Estate Services Cyclically Adjusted PB Ratio Related Terms

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Bridgemarq Real Estate Services (TSX:BRE) Business Description

Traded in Other Exchanges
Address
39 Wynford Drive, Toronto, ON, CAN, M3C 3K5
Bridgemarq Real Estate Services Inc is a Canada-based real estate services company. Its segment includes providing information and services to real estate agents and brokers in Canada through a portfolio of real estate services brands. It supplies realtors with information, tools, and services to assist them in providing and delivery of real estate sales services. The company's brands include Royal LePage and Via Capitale and Johnston and Daniel.

Bridgemarq Real Estate Services (TSX:BRE) Headlines

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