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IMW Immobilien SE (STU:GARY) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is IMW Immobilien SE Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


IMW Immobilien SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IMW Immobilien SE'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.

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IMW Immobilien SE Cyclically Adjusted PB Ratio Chart

IMW Immobilien SE Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cyclically Adjusted PB Ratio
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IMW Immobilien SE Semi-Annual Data
Mar04 Mar07 Mar08 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
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Competitive Comparison of IMW Immobilien SE's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, IMW Immobilien SE'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.


IMW Immobilien SE's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IMW Immobilien SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IMW Immobilien SE's Cyclically Adjusted PB Ratio falls into.



IMW Immobilien SE 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.

IMW Immobilien SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar15 is calculated as:

For example, IMW Immobilien SE's adjusted Book Value per Share data for the fiscal year that ended in Mar15 was:

Adj_Book=Book Value per Share/CPI of Mar15 (Change)*Current CPI (Mar15)
=9.485/99.7166*99.7166
=9.485

Current CPI (Mar15) = 99.7166.

IMW Immobilien SE Annual Data

Book Value per Share CPI Adj_Book
200603 64.660 87.228 73.917
200703 24.622 88.907 27.616
200803 16.348 91.706 17.776
200903 5.211 92.079 5.643
201003 4.568 93.199 4.887
201103 5.681 95.065 5.959
201203 6.639 97.117 6.817
201303 7.258 98.516 7.346
201403 8.566 99.543 8.581
201503 9.485 99.717 9.485

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.


IMW Immobilien SE  (STU:GARY) 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.


IMW Immobilien SE Cyclically Adjusted PB Ratio Related Terms

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IMW Immobilien SE (STU:GARY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
IMW Immobilien SE purchases, manages and sells real estate properties. The Company leases out commercial properties such as office buildings.

IMW Immobilien SE (STU:GARY) Headlines

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