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Digital Realty Trust (LTS:0I9F) Cyclically Adjusted PB Ratio : 3.59 (As of Oct. 31, 2024)


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What is Digital Realty Trust Cyclically Adjusted PB Ratio?

As of today (2024-10-31), Digital Realty Trust's current share price is $183.33. Digital Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $51.01. Digital Realty Trust's Cyclically Adjusted PB Ratio for today is 3.59.

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

LTS:0I9F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.97   Med: 4.43   Max: 6.31
Current: 3.57

During the past years, Digital Realty Trust's highest Cyclically Adjusted PB Ratio was 6.31. The lowest was 1.97. And the median was 4.43.

LTS:0I9F's Cyclically Adjusted PB Ratio is ranked worse than
94.69% of 508 companies
in the REITs industry
Industry Median: 0.825 vs LTS:0I9F: 3.57

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.

Digital Realty Trust's adjusted book value per share data for the three months ended in Jun. 2024 was $60.775. 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 $51.01 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Realty Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Digital Realty Trust'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.

Digital Realty Trust Cyclically Adjusted PB Ratio Chart

Digital Realty Trust 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 4.31 4.32 4.60 2.27 2.78

Digital Realty Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.53 2.78 2.88 2.98 -

Competitive Comparison of Digital Realty Trust's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, Digital Realty Trust'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.


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

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

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



Digital Realty Trust 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.

Digital Realty Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=183.33/51.01
=3.59

* 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.

Digital Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Digital Realty Trust's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=60.775/132.5538*132.5538
=60.775

Current CPI (Jun. 2024) = 132.5538.

Digital Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201409 22.243 100.428 29.358
201412 20.867 99.070 27.920
201503 20.379 99.621 27.116
201506 20.612 100.684 27.136
201509 19.918 100.392 26.299
201512 21.929 99.792 29.128
201603 21.231 100.470 28.011
201606 20.426 101.688 26.626
201609 26.086 101.861 33.946
201612 25.677 101.863 33.413
201703 25.188 102.862 32.459
201706 25.650 103.349 32.898
201709 44.879 104.136 57.126
201712 44.286 104.011 56.439
201803 43.737 105.290 55.063
201806 43.148 106.317 53.796
201809 42.550 106.507 52.956
201812 41.705 105.998 52.153
201903 41.474 107.251 51.259
201906 40.623 108.070 49.827
201909 39.973 108.329 48.912
201912 40.425 108.420 49.423
202003 57.003 108.902 69.383
202006 57.937 108.767 70.607
202009 59.727 109.815 72.094
202012 59.819 109.897 72.152
202103 59.255 111.754 70.283
202106 59.185 114.631 68.438
202109 58.279 115.734 66.749
202112 60.731 117.630 68.436
202203 59.601 121.301 65.130
202206 57.622 125.017 61.096
202209 56.806 125.227 60.130
202212 57.880 125.222 61.269
202303 56.577 127.348 58.890
202306 56.442 128.729 58.119
202309 57.648 129.860 58.844
202312 59.003 129.419 60.432
202403 58.537 131.776 58.882
202406 60.775 132.554 60.775

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.


Digital Realty Trust  (LTS:0I9F) 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.


Digital Realty Trust Cyclically Adjusted PB Ratio Related Terms

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


Digital Realty Trust Business Description

Address
5707 Southwest Parkway, Building 1, Suite 275, Austin, TX, USA, 78735
Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.

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