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Budapest Ingatlan Nyrt (BUD:BIF) Cyclically Adjusted PB Ratio : 2.59 (As of Jun. 07, 2024)


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What is Budapest Ingatlan Nyrt Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Budapest Ingatlan Nyrt's current share price is Ft488.00. Budapest Ingatlan Nyrt's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was Ft188.21. Budapest Ingatlan Nyrt's Cyclically Adjusted PB Ratio for today is 2.59.

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

BUD:BIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.75   Max: 4.35
Current: 2.6

During the past 13 years, Budapest Ingatlan Nyrt's highest Cyclically Adjusted PB Ratio was 4.35. The lowest was 1.16. And the median was 2.75.

BUD:BIF's Cyclically Adjusted PB Ratio is ranked worse than
90.3% of 495 companies
in the REITs industry
Industry Median: 0.76 vs BUD:BIF: 2.60

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.

Budapest Ingatlan Nyrt's adjusted book value per share data of for the fiscal year that ended in Dec23 was Ft247.430. 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 Ft188.21 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Budapest Ingatlan Nyrt Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Budapest Ingatlan Nyrt'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.

Budapest Ingatlan Nyrt Cyclically Adjusted PB Ratio Chart

Budapest Ingatlan Nyrt 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 3.47 2.72 2.02 1.25 2.68

Budapest Ingatlan Nyrt 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 2.02 - 1.25 - 2.68

Competitive Comparison of Budapest Ingatlan Nyrt's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Budapest Ingatlan Nyrt'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.


Budapest Ingatlan Nyrt's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Budapest Ingatlan Nyrt 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.

Budapest Ingatlan Nyrt's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=488.00/188.21
=2.59

* 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.

Budapest Ingatlan Nyrt's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Budapest Ingatlan Nyrt'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)
=247.43/160.3997*160.3997
=247.430

Current CPI (Dec23) = 160.3997.

Budapest Ingatlan Nyrt Annual Data

Book Value per Share CPI Adj_Book
201412 54.522 98.816 88.501
201512 54.751 99.704 88.081
201612 60.003 101.406 94.910
201712 99.779 103.627 154.444
201812 161.363 106.440 243.167
201912 160.222 110.659 232.241
202012 167.855 113.694 236.811
202112 200.710 122.058 263.759
202212 220.576 152.036 232.711
202312 247.430 160.400 247.430

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.


Budapest Ingatlan Nyrt  (BUD:BIF) 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.


Budapest Ingatlan Nyrt Cyclically Adjusted PB Ratio Related Terms

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


Budapest Ingatlan Nyrt (BUD:BIF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Polgar Utca 8-10, Budapest, HUN, 1033
Budapest Ingatlan Nyrt operates as a real estate investment trust. The company's property portfolio includes Office Buildings, Parking Garages, Construction Lots, Residential properties, Building plots and Hotels. Its properties include Bajscy Office Building, BIF Loft, Arcadia Hotel and Pest inn Hotel among others.

Budapest Ingatlan Nyrt (BUD:BIF) Headlines

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