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ACRES Commercial Realty (ACRES Commercial Realty) Cyclically Adjusted PB Ratio : 0.18 (As of Jun. 08, 2024)


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What is ACRES Commercial Realty Cyclically Adjusted PB Ratio?

As of today (2024-06-08), ACRES Commercial Realty's current share price is $12.61. ACRES Commercial Realty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $70.53. ACRES Commercial Realty's Cyclically Adjusted PB Ratio for today is 0.18.

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

ACR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.32   Max: 0.59
Current: 0.18

During the past years, ACRES Commercial Realty's highest Cyclically Adjusted PB Ratio was 0.59. The lowest was 0.04. And the median was 0.32.

ACR's Cyclically Adjusted PB Ratio is ranked better than
93.33% of 495 companies
in the REITs industry
Industry Median: 0.76 vs ACR: 0.18

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.

ACRES Commercial Realty's adjusted book value per share data for the three months ended in Mar. 2024 was $56.311. 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 $70.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACRES Commercial Realty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ACRES Commercial Realty'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.

ACRES Commercial Realty Cyclically Adjusted PB Ratio Chart

ACRES Commercial Realty 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 0.47 0.17 0.17 0.11 0.14

ACRES Commercial Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.13 0.12 0.12 0.14 0.20

Competitive Comparison of ACRES Commercial Realty's Cyclically Adjusted PB Ratio

For the REIT - Mortgage subindustry, ACRES Commercial Realty'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.


ACRES Commercial Realty's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



ACRES Commercial Realty 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.

ACRES Commercial Realty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.61/70.53
=0.18

* 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.

ACRES Commercial Realty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ACRES Commercial Realty'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)
=56.311/131.7762*131.7762
=56.311

Current CPI (Mar. 2024) = 131.7762.

ACRES Commercial Realty Quarterly Data

Book Value per Share CPI Adj_Book
201406 84.387 100.560 110.583
201409 83.870 100.428 110.050
201412 84.422 99.070 112.293
201503 83.285 99.621 110.167
201506 78.151 100.684 102.285
201509 78.158 100.392 102.592
201512 77.831 99.792 102.776
201603 75.794 100.470 99.411
201606 74.851 101.688 96.998
201609 69.492 101.861 89.901
201612 68.047 101.863 88.030
201703 67.500 102.862 86.474
201706 67.415 103.349 85.958
201709 69.843 104.136 88.381
201712 64.092 104.011 81.201
201803 52.149 105.290 65.268
201806 52.678 106.317 65.293
201809 53.100 106.507 65.698
201812 52.482 105.998 65.245
201903 52.513 107.251 64.522
201906 52.521 108.070 64.042
201909 53.426 108.329 64.990
201912 52.357 108.420 63.636
202003 32.025 108.902 38.752
202006 28.695 108.767 34.765
202009 29.707 109.815 35.648
202012 32.904 109.897 39.455
202103 35.657 111.754 42.045
202106 47.794 114.631 54.942
202109 47.037 115.734 53.557
202112 48.987 117.630 54.878
202203 50.109 121.301 54.436
202206 49.529 125.017 52.207
202209 50.252 125.227 52.880
202212 50.006 125.222 52.623
202303 50.166 127.348 51.910
202306 51.017 128.729 52.225
202309 51.807 129.860 52.572
202312 55.315 129.419 56.322
202403 56.311 131.776 56.311

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.


ACRES Commercial Realty  (NYSE:ACR) 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.


ACRES Commercial Realty Cyclically Adjusted PB Ratio Related Terms

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


ACRES Commercial Realty (ACRES Commercial Realty) Business Description

Traded in Other Exchanges
Address
390 RXR Plaza, Uniondale, New York, NY, USA, 11556
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on real-estate-related assets and, to a lesser extent, commercial finance assets. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralize debt obligations, and private equity investments mainly issued by financial institutions.
Executives
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Dawanna Williams director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Karen K Edwards director C/O ARBOR REALTY TRUST, 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Jaclyn Jesberger officer: SVP, CLO & Secretary 865 MERRICK AVENUE, SUITE 200S, WESTBURY NY 11590
Andrew Fentress director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Mark S Fogel director, officer: CEO and President 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Thomas C Elliott officer: EVP 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Matthew J Stern officer: President C/O ISLAND CAPITAL GROUP, LLC, 717 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10022
David J Bryant officer: SVP, CFO & Tresurer C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADEPHIA PA 19103
Jeffrey P Cohen director C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
Michele R. Weisbaum officer: SVP, Chief Legal Officer & Sec C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Robert C Lieber officer: CEO & President C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
Gary Ickowicz director C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Paul A Hughson officer: EVP C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022