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Reit 1 (Reit 1) Cyclically Adjusted PB Ratio : 0.95 (As of Jun. 11, 2024)


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What is Reit 1 Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Reit 1's current share price is $4.65. Reit 1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.89. Reit 1's Cyclically Adjusted PB Ratio for today is 0.95.

The historical rank and industry rank for Reit 1's Cyclically Adjusted PB Ratio or its related term are showing as below:

RETDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.27   Max: 1.76
Current: 0.84

During the past years, Reit 1's highest Cyclically Adjusted PB Ratio was 1.76. The lowest was 0.84. And the median was 1.27.

RETDF's Cyclically Adjusted PB Ratio is ranked worse than
54.34% of 495 companies
in the REITs industry
Industry Median: 0.75 vs RETDF: 0.84

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.

Reit 1's adjusted book value per share data for the three months ended in Mar. 2024 was $5.500. 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 $4.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reit 1 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Reit 1'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.

Reit 1 Cyclically Adjusted PB Ratio Chart

Reit 1 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 - 1.36 1.67 1.18 1.07

Reit 1 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 1.04 1.05 0.98 1.07 0.95

Competitive Comparison of Reit 1's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Reit 1'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.


Reit 1's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Reit 1's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Reit 1's Cyclically Adjusted PB Ratio falls into.



Reit 1 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.

Reit 1's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.65/4.89
=0.95

* 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.

Reit 1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Reit 1'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)
=5.5/131.7762*131.7762
=5.500

Current CPI (Mar. 2024) = 131.7762.

Reit 1 Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.802 100.560 3.672
201409 2.429 100.428 3.187
201412 2.530 99.070 3.365
201503 2.730 99.621 3.611
201506 2.753 100.684 3.603
201509 2.577 100.392 3.383
201512 2.692 99.792 3.555
201603 2.729 100.470 3.579
201606 2.752 101.688 3.566
201609 2.766 101.861 3.578
201612 2.898 101.863 3.749
201703 2.925 102.862 3.747
201706 2.873 103.349 3.663
201709 3.103 104.136 3.927
201712 3.254 104.011 4.123
201803 3.294 105.290 4.123
201806 3.323 106.317 4.119
201809 3.387 106.507 4.191
201812 3.512 105.998 4.366
201903 3.544 107.251 4.354
201906 3.583 108.070 4.369
201909 3.659 108.329 4.451
201912 3.960 108.420 4.813
202003 3.987 108.902 4.824
202006 3.946 108.767 4.781
202009 3.983 109.815 4.780
202012 3.995 109.897 4.790
202103 4.008 111.754 4.726
202106 4.096 114.631 4.709
202109 4.160 115.734 4.737
202112 4.585 117.630 5.136
202203 4.575 121.301 4.970
202206 4.910 125.017 5.175
202209 4.932 125.227 5.190
202212 5.204 125.222 5.476
202303 5.194 127.348 5.375
202306 5.249 128.729 5.373
202309 5.499 129.860 5.580
202312 5.478 129.419 5.578
202403 5.500 131.776 5.500

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.


Reit 1  (OTCPK:RETDF) 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.


Reit 1 Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Reit 1's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Reit 1 (Reit 1) Business Description

Industry
Traded in Other Exchanges
Address
Nachoset Street 6, Tel Aviv, ISR, 69710
Reit 1 Ltd is a player in the real estate sector based in Israel. It conducts businesses of a real estate investment fund and focusses on properties such as office buildings, commercial centers, industrial buildings and apartments for rent. The company's business activities include holding income-generating properties, most of which are located in the center of the country, and are mainly used for offices, commerce, industry, logistics, nursing hospitals, parking lots and hotels.

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