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Aedas Homes (XMAD:AEDAS) Cyclically Adjusted PB Ratio : (As of May. 20, 2024)


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What is Aedas Homes Cyclically Adjusted PB Ratio?

Aedas Homes does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

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Aedas Homes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aedas Homes'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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Aedas Homes Cyclically Adjusted PB Ratio Chart

Aedas Homes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Aedas Homes Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Aedas Homes's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Aedas Homes'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.


Aedas Homes's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Aedas Homes 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.

Aedas Homes does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Aedas Homes  (XMAD:AEDAS) 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.


Aedas Homes Cyclically Adjusted PB Ratio Related Terms

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Aedas Homes (XMAD:AEDAS) Business Description

Industry
Traded in Other Exchanges
Address
Paseo de la Castellana, 42, planta 8, Madrid, ESP, 28046
Aedas Homes SA is a Spain based company engages in the acquisition and development of properties. It is a real estate developer that offers different types of homes in Spain, including apartments, houses, villas, duplexes and others. The company focuses on Alicante, Barcelona, Madrid, Malaga, Mallorca, Seville, and other regions of Spain.

Aedas Homes (XMAD:AEDAS) Headlines

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