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Immobiliere Dassault (XPAR:IMDA) Cyclically Adjusted PB Ratio : 0.70 (As of May. 28, 2024)


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What is Immobiliere Dassault Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Immobiliere Dassault's current share price is €51.40. Immobiliere Dassault's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €73.17. Immobiliere Dassault's Cyclically Adjusted PB Ratio for today is 0.70.

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

XPAR:IMDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.28   Max: 2.07
Current: 0.68

During the past 13 years, Immobiliere Dassault's highest Cyclically Adjusted PB Ratio was 2.07. The lowest was 0.62. And the median was 1.28.

XPAR:IMDA's Cyclically Adjusted PB Ratio is ranked better than
56.68% of 494 companies
in the REITs industry
Industry Median: 0.755 vs XPAR:IMDA: 0.68

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.

Immobiliere Dassault's adjusted book value per share data of for the fiscal year that ended in Dec23 was €85.162. 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 €73.17 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Immobiliere Dassault Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Immobiliere Dassault'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.

Immobiliere Dassault Cyclically Adjusted PB Ratio Chart

Immobiliere Dassault 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 1.49 1.15 1.11 0.84 0.68

Immobiliere Dassault Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.11 - 0.84 - 0.68

Competitive Comparison of Immobiliere Dassault's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Immobiliere Dassault'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.


Immobiliere Dassault's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Immobiliere Dassault 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.

Immobiliere Dassault's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.40/73.17
=0.70

* 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.

Immobiliere Dassault's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Immobiliere Dassault's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=85.162/118.3900*118.3900
=85.162

Current CPI (Dec23) = 118.3900.

Immobiliere Dassault Annual Data

Book Value per Share CPI Adj_Book
201412 44.073 99.860 52.251
201512 47.842 100.040 56.617
201612 51.869 100.650 61.011
201712 53.868 101.850 62.616
201812 56.849 103.470 65.046
201912 62.160 104.980 70.100
202012 77.388 104.960 87.290
202112 87.198 107.850 95.720
202212 92.416 114.160 95.840
202312 85.162 118.390 85.162

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.


Immobiliere Dassault  (XPAR:IMDA) 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.


Immobiliere Dassault Cyclically Adjusted PB Ratio Related Terms

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


Immobiliere Dassault (XPAR:IMDA) Business Description

Traded in Other Exchanges
Address
9 rond-point des Champs-Elysees, Paris, FRA, 75008
Immobiliere Dassault SA is a France-based real estate company. It owns and manages the office and residential real estate properties. The company's objective is to progressively grow its real estate portfolio in the prime sector of Paris, with a medium and long-term heritage focus, focusing mainly on high-quality office and retail properties.

Immobiliere Dassault (XPAR:IMDA) Headlines

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