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Bleecker (XPAR:BLEE) Cyclically Adjusted PB Ratio : 0.65 (As of May. 23, 2024)


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What is Bleecker Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Bleecker's current share price is €156.00. Bleecker's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug23 was €241.71. Bleecker's Cyclically Adjusted PB Ratio for today is 0.65.

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

XPAR:BLEE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.95   Max: 1.49
Current: 0.65

During the past 13 years, Bleecker's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.56. And the median was 0.95.

XPAR:BLEE's Cyclically Adjusted PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.77 vs XPAR:BLEE: 0.65

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.

Bleecker's adjusted book value per share data of for the fiscal year that ended in Aug23 was €267.274. 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 €241.71 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bleecker Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bleecker'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.

Bleecker Cyclically Adjusted PB Ratio Chart

Bleecker Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.06 0.74 0.88 0.79

Bleecker Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 0.74 - 0.88 - 0.79

Competitive Comparison of Bleecker's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Bleecker'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.


Bleecker's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Bleecker 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.

Bleecker's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=156.00/241.71
=0.65

* 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.

Bleecker's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Bleecker's adjusted Book Value per Share data for the fiscal year that ended in Aug23 was:

Adj_Book=Book Value per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=267.274/118.8900*118.8900
=267.274

Current CPI (Aug23) = 118.8900.

Bleecker Annual Data

Book Value per Share CPI Adj_Book
201408 115.597 100.300 137.022
201508 136.214 100.350 161.380
201608 142.972 100.580 168.999
201708 155.574 101.490 182.246
201808 214.958 103.780 246.255
201908 239.804 104.860 271.889
202008 268.113 105.090 303.321
202108 336.928 107.050 374.193
202208 290.398 113.380 304.511
202308 267.274 118.890 267.274

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.


Bleecker  (XPAR:BLEE) 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.


Bleecker Cyclically Adjusted PB Ratio Related Terms

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


Bleecker (XPAR:BLEE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bleecker (XPAR:BLEE) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
N/A
Address
39 avenue George V, Paris, FRA, 75008
Bleecker is a France-based company specialized in real estate investments and management. The company developed on the industrial premises, offices, and logistics platforms market and leads, coordinates, administers and manages the subsidiaries.

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