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Starwood European Real Estate Finance (LSE:SWEF) Cyclically Adjusted PB Ratio : 0.77 (As of Jun. 11, 2024)


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What is Starwood European Real Estate Finance Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Starwood European Real Estate Finance's current share price is £0.93. Starwood European Real Estate Finance's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was £1.21. Starwood European Real Estate Finance's Cyclically Adjusted PB Ratio for today is 0.77.

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

LSE:SWEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.75   Max: 0.79
Current: 0.77

During the past 11 years, Starwood European Real Estate Finance's highest Cyclically Adjusted PB Ratio was 0.79. The lowest was 0.71. And the median was 0.75.

LSE:SWEF's Cyclically Adjusted PB Ratio is ranked better than
53.05% of 952 companies
in the Asset Management industry
Industry Median: 0.8 vs LSE:SWEF: 0.77

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.

Starwood European Real Estate Finance's adjusted book value per share data of for the fiscal year that ended in Dec23 was £1.043. 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 £1.21 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starwood European Real Estate Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Starwood European Real Estate Finance'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.

Starwood European Real Estate Finance Cyclically Adjusted PB Ratio Chart

Starwood European Real Estate Finance 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 - - - 0.74 0.74

Starwood European Real Estate Finance Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 0.74 - 0.74

Competitive Comparison of Starwood European Real Estate Finance's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Starwood European Real Estate Finance'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.


Starwood European Real Estate Finance's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Starwood European Real Estate Finance's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Starwood European Real Estate Finance's Cyclically Adjusted PB Ratio falls into.



Starwood European Real Estate Finance 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.

Starwood European Real Estate Finance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.93/1.21
=0.77

* 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.

Starwood European Real Estate Finance's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Starwood European Real Estate Finance's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.043/129.4194*129.4194
=1.043

Current CPI (Dec23) = 129.4194.

Starwood European Real Estate Finance Annual Data

Book Value per Share CPI Adj_Book
201412 1.001 99.070 1.308
201512 1.004 99.792 1.302
201612 1.016 101.863 1.291
201712 1.022 104.011 1.272
201812 1.027 105.998 1.254
201912 1.032 108.420 1.232
202012 1.042 109.897 1.227
202112 1.031 117.630 1.134
202212 1.052 125.222 1.087
202312 1.043 129.419 1.043

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.


Starwood European Real Estate Finance  (LSE:SWEF) 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.


Starwood European Real Estate Finance Cyclically Adjusted PB Ratio Related Terms

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


Starwood European Real Estate Finance (LSE:SWEF) Business Description

Traded in Other Exchanges
Address
1, Royal Plaza, Royal Avenue, Channel Islands, St Peter Port, GGY, GY1 2HL
Starwood European Real Estate Finance Ltd is a closed-ended investment company. Its investment objective is to provide its shareholders with regular dividends and an attractive total return while limiting downside risk, through the origination, execution, acquisition and servicing of a diversified portfolio of real estate debt investments in the UK and wider European Union's internal markets. The company, to peruse its objective, invests in the Starfin Lux S.a.r.l through both equity and profit participation instruments and other funding instruments. Its portfolio focuses on lending into commercial real estate sectors including office, retail, logistics, light industrial, hospitality, student accommodation, residential for sale and multi-family rented residential.

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