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CTO Realty Growth (FRA:8QB0) Cyclically Adjusted PB Ratio : 0.98 (As of Jun. 04, 2024)


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What is CTO Realty Growth Cyclically Adjusted PB Ratio?

As of today (2024-06-04), CTO Realty Growth's current share price is €15.50. CTO Realty Growth's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €15.77. CTO Realty Growth's Cyclically Adjusted PB Ratio for today is 0.98.

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

FRA:8QB0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.16   Max: 2.86
Current: 1.03

During the past years, CTO Realty Growth's highest Cyclically Adjusted PB Ratio was 2.86. The lowest was 0.96. And the median was 2.16.

FRA:8QB0's Cyclically Adjusted PB Ratio is ranked worse than
63.03% of 495 companies
in the REITs industry
Industry Median: 0.76 vs FRA:8QB0: 1.03

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.

CTO Realty Growth's adjusted book value per share data for the three months ended in Mar. 2024 was €18.562. 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 €15.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTO Realty Growth Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CTO Realty Growth'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.

CTO Realty Growth Cyclically Adjusted PB Ratio Chart

CTO Realty Growth 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 2.17 1.33 1.61 1.21 1.03

CTO Realty Growth 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 1.10 1.06 0.98 1.03 0.98

Competitive Comparison of CTO Realty Growth's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, CTO Realty Growth'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.


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

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

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



CTO Realty Growth 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.

CTO Realty Growth's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.50/15.77
=0.98

* 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.

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

For example, CTO Realty Growth'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)
=18.562/131.7762*131.7762
=18.562

Current CPI (Mar. 2024) = 131.7762.

CTO Realty Growth Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.130 100.560 6.723
201409 5.598 100.428 7.345
201412 5.902 99.070 7.850
201503 6.855 99.621 9.068
201506 6.500 100.684 8.507
201509 6.557 100.392 8.607
201512 6.980 99.792 9.217
201603 7.061 100.470 9.261
201606 7.029 101.688 9.109
201609 7.423 101.861 9.603
201612 8.206 101.863 10.616
201703 8.691 102.862 11.134
201706 8.407 103.349 10.719
201709 7.992 104.136 10.113
201712 9.290 104.011 11.770
201803 9.423 105.290 11.793
201806 10.635 106.317 13.182
201809 10.626 106.507 13.147
201812 11.412 105.998 14.187
201903 11.717 107.251 14.396
201906 11.827 108.070 14.421
201909 12.223 108.329 14.869
201912 17.949 108.420 21.816
202003 17.412 108.902 21.069
202006 17.815 108.767 21.584
202009 16.880 109.815 20.256
202012 16.253 109.897 19.489
202103 16.657 111.754 19.641
202106 16.023 114.631 18.419
202109 20.682 115.734 23.549
202112 21.463 117.630 24.044
202203 21.675 121.301 23.547
202206 22.368 125.017 23.577
202209 23.878 125.227 25.127
202212 20.848 125.222 21.939
202303 19.684 127.348 20.368
202306 19.465 128.729 19.926
202309 19.731 129.860 20.022
202312 18.528 129.419 18.865
202403 18.562 131.776 18.562

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.


CTO Realty Growth  (FRA:8QB0) 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.


CTO Realty Growth Cyclically Adjusted PB Ratio Related Terms

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


CTO Realty Growth (FRA:8QB0) Business Description

Industry
Traded in Other Exchanges
Address
369 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
CTO Realty Growth Inc is a Florida-based real estate investment trust company, which owns income properties comprised of approximately 2.7 million square feet in diversified markets in the United States. Its portfolio of assets consists of Income Properties Portfolio, management services, Commercial Loan and Investments.

CTO Realty Growth (FRA:8QB0) Headlines

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