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Nexity (STU:NQ9) Cyclically Adjusted PB Ratio : 0.34 (As of Jun. 08, 2024)


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What is Nexity Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Nexity's current share price is €12.06. Nexity's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €35.46. Nexity's Cyclically Adjusted PB Ratio for today is 0.34.

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

STU:NQ9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.22   Max: 1.67
Current: 0.34

During the past 13 years, Nexity's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.25. And the median was 1.22.

STU:NQ9's Cyclically Adjusted PB Ratio is ranked better than
71.56% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs STU:NQ9: 0.34

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.

Nexity's adjusted book value per share data of for the fiscal year that ended in Dec23 was €33.948. 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 €35.46 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nexity Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nexity'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.

Nexity Cyclically Adjusted PB Ratio Chart

Nexity 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 1.37 1.13 1.28 0.76 0.48

Nexity 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 1.28 - 0.76 - 0.48

Competitive Comparison of Nexity's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Nexity'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.


Nexity's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Nexity 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.

Nexity's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.06/35.46
=0.34

* 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.

Nexity's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Nexity'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)
=33.948/118.3900*118.3900
=33.948

Current CPI (Dec23) = 118.3900.

Nexity Annual Data

Book Value per Share CPI Adj_Book
201412 28.769 99.860 34.107
201512 29.141 100.040 34.486
201612 28.997 100.650 34.108
201712 29.740 101.850 34.570
201812 31.577 103.470 36.130
201912 31.458 104.980 35.476
202012 31.210 104.960 35.203
202112 34.946 107.850 38.361
202212 35.556 114.160 36.873
202312 33.948 118.390 33.948

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.


Nexity  (STU:NQ9) 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.


Nexity Cyclically Adjusted PB Ratio Related Terms

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


Nexity (STU:NQ9) Business Description

Industry
Traded in Other Exchanges
Address
1, terrasse Bellini, South Esplanade, TSA 48200, Paris La Defense cedex, FRA, 92919
Nexity SA is a fully integrated real estate company with operations in residential real estate, commercial real estate, real estate services, distribution networks, client relations and urban projects. Its business is divided into Residential real estate, commercial real estate, Services and Networks and Other Activities segments. The firm serves to individuals, companies, and investors. It mainly operates in France.

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