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Healthcare Realty Trust (STU:HT0) Cyclically Adjusted PB Ratio : 0.89 (As of May. 24, 2024)


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What is Healthcare Realty Trust Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Healthcare Realty Trust's current share price is €14.30. Healthcare Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.03. Healthcare Realty Trust's Cyclically Adjusted PB Ratio for today is 0.89.

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

STU:HT0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.99   Max: 2.66
Current: 0.9

During the past years, Healthcare Realty Trust's highest Cyclically Adjusted PB Ratio was 2.66. The lowest was 0.77. And the median was 1.99.

STU:HT0's Cyclically Adjusted PB Ratio is ranked worse than
57.81% of 493 companies
in the REITs industry
Industry Median: 0.76 vs STU:HT0: 0.90

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.

Healthcare Realty Trust's adjusted book value per share data for the three months ended in Mar. 2024 was €15.472. 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 €16.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Healthcare Realty Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Healthcare 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.

Healthcare Realty Trust Cyclically Adjusted PB Ratio Chart

Healthcare 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 2.34 2.06 2.08 1.18 1.01

Healthcare Realty Trust 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 1.16 1.12 0.90 1.01 0.82

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

For the REIT - Healthcare Facilities subindustry, Healthcare 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.


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

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

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



Healthcare 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.30/16.03
=0.89

* 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.

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

For example, Healthcare Realty Trust'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)
=15.472/131.7762*131.7762
=15.472

Current CPI (Mar. 2024) = 131.7762.

Healthcare Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.236 100.560 12.103
201409 9.645 100.428 12.656
201412 10.020 99.070 13.328
201503 11.348 99.621 15.011
201506 10.900 100.684 14.266
201509 10.896 100.392 14.302
201512 11.238 99.792 14.840
201603 11.138 100.470 14.609
201606 11.268 101.688 14.602
201609 12.569 101.861 16.260
201612 13.464 101.863 17.418
201703 13.268 102.862 16.998
201706 12.572 103.349 16.030
201709 12.524 104.136 15.848
201712 12.087 104.011 15.314
201803 11.430 105.290 14.305
201806 12.085 106.317 14.979
201809 11.909 106.507 14.734
201812 12.045 105.998 14.974
201903 12.368 107.251 15.196
201906 12.116 108.070 14.774
201909 12.477 108.329 15.178
201912 12.694 108.420 15.429
202003 12.471 108.902 15.091
202006 12.593 108.767 15.257
202009 11.859 109.815 14.231
202012 11.482 109.897 13.768
202103 11.848 111.754 13.971
202106 11.956 114.631 13.744
202109 12.187 115.734 13.876
202112 12.853 117.630 14.399
202203 13.254 121.301 14.399
202206 13.587 125.017 14.322
202209 20.507 125.227 21.580
202212 18.779 125.222 19.762
202303 18.048 127.348 18.676
202306 17.399 128.729 17.811
202309 17.231 129.860 17.485
202312 16.422 129.419 16.721
202403 15.472 131.776 15.472

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.


Healthcare Realty Trust  (STU:HT0) 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.


Healthcare Realty Trust Cyclically Adjusted PB Ratio Related Terms

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


Healthcare Realty Trust (STU:HT0) Business Description

Traded in Other Exchanges
Address
3310 West End Avenue, Suite 700, Nashville, TN, USA, 37203
Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. The company considers merger and acquisition investment as a component of its operational growth strategy. It works with developers that have strong ties to a local health system and physicians. The company works to invest in outpatient facilities that are integral to a hospital's operations. It generates all of its revenue in the United States.

Healthcare Realty Trust (STU:HT0) Headlines

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