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Cedar Realty Trust (Cedar Realty Trust) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Cedar Realty Trust Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cedar Realty Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cedar Realty Trust'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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Cedar Realty Trust Cyclically Adjusted PB Ratio Chart

Cedar Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Cedar Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Cedar Realty Trust's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Cedar Realty Trust'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.


Cedar Realty Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Cedar Realty Trust 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.

Cedar Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cedar Realty Trust's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-6.349/129.4194*129.4194
=-6.349

Current CPI (Dec. 2023) = 129.4194.

Cedar Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201403 31.172 99.695 40.466
201406 31.872 100.560 41.019
201409 31.890 100.428 41.096
201412 31.569 99.070 41.240
201503 31.567 99.621 41.009
201506 32.856 100.684 42.233
201509 31.222 100.392 40.250
201512 31.459 99.792 40.799
201603 30.485 100.470 39.269
201606 29.969 101.688 38.142
201609 29.555 101.861 37.551
201612 30.176 101.863 38.339
201703 31.805 102.862 40.016
201706 29.587 103.349 37.050
201709 30.360 104.136 37.731
201712 30.416 104.011 37.846
201803 28.860 105.290 35.474
201806 29.406 106.317 35.796
201809 29.536 106.507 35.890
201812 28.892 105.998 35.276
201903 28.139 107.251 33.955
201906 27.463 108.070 32.889
201909 27.966 108.329 33.411
201912 26.025 108.420 31.066
202003 24.203 108.902 28.763
202006 23.520 108.767 27.986
202009 23.522 109.815 27.721
202012 23.944 109.897 28.198
202103 23.953 111.754 27.739
202106 27.573 114.631 31.130
202109 21.412 115.734 23.944
202112 20.343 117.630 22.382
202203 20.638 121.301 22.019
202206 17.612 125.017 18.232
202209 -5.385 125.227 -5.565
202212 -5.704 125.222 -5.895
202303 -5.902 127.348 -5.998
202306 -6.178 128.729 -6.211
202309 -6.161 129.860 -6.140
202312 -6.349 129.419 -6.349

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.


Cedar Realty Trust  (NYSE:CDR) 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.


Cedar Realty Trust Cyclically Adjusted PB Ratio Related Terms

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


Cedar Realty Trust (Cedar Realty Trust) Business Description

Industry
Traded in Other Exchanges
Address
2529 Virginia Beach Boulevard, Virginia Beach, VA, USA, 11050-3765
Cedar Realty Trust Inc is a real estate investment trust that focuses on ownership, operation, and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The company derives all of its revenues from rents and operating expense reimbursements received pursuant to long-term leases.
Executives
Paula Poskon director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Ej Borrack director 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Kerry G. Campbell director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Crystal Plum director, officer: CFO and Treasurer C/O WHEELER REAL ESTATE INVESTMENT TRUST, 2529 VIRGINIA BEACH BOULEVARD, VIRGINIA BEACH VA 23452
Michael Andrew Franklin director, officer: CEO and President RIVERSEDGE NORTH, 2529 VIRGINIA BEACH BLVD, SUITE 200, VIRGINIA BEACH VA 23452
Wheeler Real Estate Investment Trust, Inc. 10 percent owner RIVERSEDGE NORTH, 2529 VIRGINIA BEACH BLVD., SUITE 200, VIRGINIA BEACH VA 23452
Darcy Morris director C/O CEDAR REALTY TRUST INC., 44 SOUTH BAYLES AVENUE, POST WASHINGTON NY 11050
Bruce J Schanzer director, officer: Pres. & Chief Exec. Officer C/O CEDAR SHOPPING CENTER, 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Jennifer Bitterman officer: EVP & Chief Financial Officer CEDAR REALTY TRUST, INC., 928 CARMANS RAD, MASSAPEQUA NY 11758
Philip Mays officer: Chief Financial Officer C/O CEDAR SHOPPING CENTER, 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Sharon Hochfelder Stern director C/O CEDAR REALTY TRUST INC., 44 SOUTH BAYLES AVENUE, POST WASHINGTON NY 11050
Richard H Ross director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Abraham Eisenstat director 44 SOUTH BAYLES AVENUE, C/O CEDAR REALTY TRUST, INC., PORT WASHINGTON NY 11050
Sabrina L. Kanner director C/O CEDAR REALTY TRUST INC, 44 SOUTH BAYLES AVE, PORT WASHINGTON NY 11050
Kirk Paul G Jr director RAYONIER INC, 50 NORTH LAURA STREET - 19TH FLOOR, JACKSONVILLE FL 32202