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Sedlmayr Grund und Immobilien KGaA (FRA:SPB) Cyclically Adjusted PB Ratio : 3.21 (As of Jun. 09, 2024)


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What is Sedlmayr Grund und Immobilien KGaA Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Sedlmayr Grund und Immobilien KGaA's current share price is €1200.00. Sedlmayr Grund und Immobilien KGaA's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was €374.09. Sedlmayr Grund und Immobilien KGaA's Cyclically Adjusted PB Ratio for today is 3.21.

The historical rank and industry rank for Sedlmayr Grund und Immobilien KGaA's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:SPB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.99   Med: 8.1   Max: 10.85
Current: 3.45

During the past 13 years, Sedlmayr Grund und Immobilien KGaA's highest Cyclically Adjusted PB Ratio was 10.85. The lowest was 2.99. And the median was 8.10.

FRA:SPB's Cyclically Adjusted PB Ratio is ranked worse than
92.58% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs FRA:SPB: 3.45

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.

Sedlmayr Grund und Immobilien KGaA's adjusted book value per share data of for the fiscal year that ended in Sep23 was €296.686. 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 €374.09 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sedlmayr Grund und Immobilien KGaA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sedlmayr Grund und Immobilien KGaA'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.

Sedlmayr Grund und Immobilien KGaA Cyclically Adjusted PB Ratio Chart

Sedlmayr Grund und Immobilien KGaA Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.31 10.00 9.41 6.91 4.65

Sedlmayr Grund und Immobilien KGaA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 9.41 - 6.91 - 4.65

Competitive Comparison of Sedlmayr Grund und Immobilien KGaA's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Sedlmayr Grund und Immobilien KGaA'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.


Sedlmayr Grund und Immobilien KGaA's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sedlmayr Grund und Immobilien KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sedlmayr Grund und Immobilien KGaA's Cyclically Adjusted PB Ratio falls into.



Sedlmayr Grund und Immobilien KGaA 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.

Sedlmayr Grund und Immobilien KGaA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1200.00/374.09
=3.21

* 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.

Sedlmayr Grund und Immobilien KGaA's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Sedlmayr Grund und Immobilien KGaA's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=296.686/124.1946*124.1946
=296.686

Current CPI (Sep23) = 124.1946.

Sedlmayr Grund und Immobilien KGaA Annual Data

Book Value per Share CPI Adj_Book
201409 297.224 99.823 369.793
201509 315.594 100.417 390.324
201609 320.826 101.017 394.438
201709 332.273 102.717 401.749
201809 309.179 104.718 366.685
201909 327.357 106.018 383.483
202009 337.476 105.818 396.084
202109 356.301 109.435 404.357
202209 322.742 118.818 337.347
202309 296.686 124.195 296.686

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.


Sedlmayr Grund und Immobilien KGaA  (FRA:SPB) 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.


Sedlmayr Grund und Immobilien KGaA Cyclically Adjusted PB Ratio Related Terms

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Sedlmayr Grund und Immobilien KGaA (FRA:SPB) Business Description

Traded in Other Exchanges
Address
Mars street 46+48, Munich, DEU, 80335
Sedlmayr Grund und Immobilien KGaA operates as a real estate company. It is involved in the management, development, and expansion of its property portfolio which mainly comprises a housing and commercial areas. Its other operations consist of real estate leasing, real estate sales and serviced apartment leasing.