GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Duke Realty Corp (NYSE:DRE) » Definitions » Cyclically Adjusted PB Ratio

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


View and export this data going back to 1988. Start your Free Trial

What is Duke Realty Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Duke Realty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Duke 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.

Duke Realty Cyclically Adjusted PB Ratio Chart

Duke Realty Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Duke Realty Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - - - - -

Competitive Comparison of Duke Realty's Cyclically Adjusted PB Ratio

For the REIT - Industrial subindustry, Duke 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.


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

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

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



Duke 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.

Duke Realty's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, Duke Realty's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book=Book Value per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=16.373/125.0168*125.0168
=16.373

Current CPI (Jun. 2022) = 125.0168.

Duke Realty Quarterly Data

Book Value per Share CPI Adj_Book
201209 7.178 97.633 9.191
201212 7.035 96.871 9.079
201303 7.843 98.209 9.984
201306 7.921 98.518 10.052
201309 7.783 98.790 9.849
201312 7.860 98.326 9.994
201403 7.784 99.695 9.761
201406 8.270 100.560 10.281
201409 8.397 100.428 10.453
201412 8.312 99.070 10.489
201503 8.328 99.621 10.451
201506 9.455 100.684 11.740
201509 9.521 100.392 11.856
201512 9.215 99.792 11.544
201603 9.150 100.470 11.385
201606 9.462 101.688 11.633
201609 9.818 101.861 12.050
201612 9.770 101.863 11.991
201703 9.751 102.862 11.851
201706 12.972 103.349 15.692
201709 13.227 104.136 15.879
201712 12.720 104.011 15.289
201803 12.698 105.290 15.077
201806 13.049 106.317 15.344
201809 13.040 106.507 15.306
201812 12.981 105.998 15.310
201903 12.859 107.251 14.989
201906 12.868 108.070 14.886
201909 13.535 108.329 15.620
201912 13.638 108.420 15.726
202003 13.464 108.902 15.456
202006 13.467 108.767 15.479
202009 13.508 109.815 15.378
202012 13.832 109.897 15.735
202103 13.842 111.754 15.485
202106 14.353 114.631 15.653
202109 15.629 115.734 16.883
202112 15.800 117.630 16.792
202203 16.240 121.301 16.737
202206 16.373 125.017 16.373

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.


Duke Realty  (NYSE:DRE) 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.


Duke Realty Cyclically Adjusted PB Ratio Related Terms

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


Duke Realty (Duke Realty) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8711 River Crossing Boulevard, Indianapolis, IN, USA, 46240
Duke Realty is an Indianapolis-based publicly traded REIT that owns and operates a portfolio of primarily industrial properties and provides real estate services to third-party owners. It has interest in over 150 million square feet across the largest logistics markets in the U.S.
Executives
Steven W Schnur officer: EVP, Chief Operating Officer 600 E. 96TH ST, STE 100, INDIANAPOLIS IN 46240
Mark A Denien officer: EVP & CFO 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Scott P Anderson director 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Chris T. Sultemeier director 1650 JOHN KING BLVD, #3602, ROCKWALL TX 75032
John Case director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Michael E Szymanczyk director DOMINION RESOURCES, INC., 100 TREDEGAR STREET, RICHMOND VA 23219
Warren M Thompson director 4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Melanie R Sabelhaus director 227 GREENSPRING VALLEY DRIVE, OWINGS MILLS MD 21117
Lynn C Thurber director JONES LANG LASALLE INCORPORTED, 200 E RANDOLPH DR, CHICAGO IL 60601
Scott Peter M Iii director P O BOX 1551, RALEIGH NC 27601
Tamara D Fischer director 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111
James B. Connor director, officer: President and CEO 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Ann C. Dee officer: EVP,General Counsel & Corp Sec 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Nicholas C. Anthony officer: EVP, Chief Investment Officer 600 E 96TH STREET, SUITE 100, INDIANAPOLIS IN 46240
Kelly T Killingsworth director 2430 SW 75TH TERRACE, PORTLAND OR 97225

Duke Realty (Duke Realty) Headlines

From GuruFocus

Duke Realty Sets Meeting and Record Dates for Special Meeting

By PurpleRose PurpleRose 07-28-2022

Top 5 4th Quarter Trades of Presima Securities ULC

By GuruFocus Research GuruFocus Editor 01-21-2023

Duke Realty Declares Quarterly Dividend

By Ds*** Ds*** 09-01-2022

COHEN & STEERS, INC. Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-18-2023

Duke Realty Responds to Acquisition Proposal from Prologis, Inc.

By GuruFocusNews GuruFocusNews 07-10-2022

ALPHASIMPLEX GROUP, LLC Buys 2, Sells 3 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-09-2022

Russell Investments Group, Ltd. Buys 4, Sells 1 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-08-2023

INVESTIGATION ALERT: Halper Sadeh LLP Investigates DRE, ELSE, STCN, PLD

By GuruFocusNews GuruFocusNews 07-06-2022

Duke Realty Adds Scott P. Anderson to its Board of Directors

By PurpleRose PurpleRose 07-11-2022