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Schroder Real Estate IT (LSE:SREI) Cyclically Adjusted PB Ratio : 0.57 (As of Jun. 05, 2024)


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What is Schroder Real Estate IT Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Schroder Real Estate IT's current share price is £0.424. Schroder Real Estate IT's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was £0.74. Schroder Real Estate IT's Cyclically Adjusted PB Ratio for today is 0.57.

The historical rank and industry rank for Schroder Real Estate IT's Cyclically Adjusted PB Ratio or its related term are showing as below:

LSE:SREI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.77   Max: 1.14
Current: 0.58

During the past 13 years, Schroder Real Estate IT's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.46. And the median was 0.77.

LSE:SREI's Cyclically Adjusted PB Ratio is ranked better than
63.84% of 495 companies
in the REITs industry
Industry Median: 0.76 vs LSE:SREI: 0.58

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.

Schroder Real Estate IT's adjusted book value per share data of for the fiscal year that ended in Mar23 was £0.615. 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 £0.74 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schroder Real Estate IT Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Schroder Real Estate IT'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.

Schroder Real Estate IT Cyclically Adjusted PB Ratio Chart

Schroder Real Estate IT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.63 0.63 0.83 0.59

Schroder Real Estate IT 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 - 0.83 - 0.59 -

Competitive Comparison of Schroder Real Estate IT's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Schroder Real Estate IT'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.


Schroder Real Estate IT's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Schroder Real Estate IT's Cyclically Adjusted PB Ratio falls into.



Schroder Real Estate IT 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.

Schroder Real Estate IT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.424/0.74
=0.57

* 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.

Schroder Real Estate IT's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Schroder Real Estate IT's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.615/127.3478*127.3478
=0.615

Current CPI (Mar23) = 127.3478.

Schroder Real Estate IT Annual Data

Book Value per Share CPI Adj_Book
201403 0.486 99.695 0.621
201503 0.577 99.621 0.738
201603 0.622 100.470 0.788
201703 0.641 102.862 0.794
201803 0.682 105.290 0.825
201903 0.687 107.251 0.816
202003 0.597 108.902 0.698
202103 0.604 111.754 0.688
202203 0.758 121.301 0.796
202303 0.615 127.348 0.615

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.


Schroder Real Estate IT  (LSE:SREI) 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.


Schroder Real Estate IT Cyclically Adjusted PB Ratio Related Terms

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Schroder Real Estate IT (LSE:SREI) Business Description

Traded in Other Exchanges
Address
2 Town Mills, North Suite, Rue du Pre, Saint Peter Port, GGY, GY1 1LT
Schroder Real Estate IT Ltd is a real estate investment company. The company provides shareholders with income together with the potential for income and capital growth through investing in United Kingdom commercial property. Its only reporting segments is property investment. Geographically, the company operates in the United Kingdom. Its portfolio invests in the three main United Kingdom commercial real estate sectors of office, industrial and retail, and in other sectors including residential, leisure, healthcare and student accommodation.

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