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Gulf & Pacific Equities (TSXV:GUF) Cyclically Adjusted PB Ratio : 0.46 (As of Jun. 10, 2024)


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What is Gulf & Pacific Equities Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Gulf & Pacific Equities's current share price is C$0.435. Gulf & Pacific Equities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.95. Gulf & Pacific Equities's Cyclically Adjusted PB Ratio for today is 0.46.

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

TSXV:GUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.34   Max: 0.87
Current: 0.46

During the past years, Gulf & Pacific Equities's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.16. And the median was 0.34.

TSXV:GUF's Cyclically Adjusted PB Ratio is ranked better than
63.78% of 1397 companies
in the Real Estate industry
Industry Median: 0.7 vs TSXV:GUF: 0.46

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.

Gulf & Pacific Equities's adjusted book value per share data for the three months ended in Mar. 2024 was C$1.031. 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 C$0.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gulf & Pacific Equities Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gulf & Pacific Equities'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.

Gulf & Pacific Equities Cyclically Adjusted PB Ratio Chart

Gulf & Pacific Equities 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 0.27 0.19 0.28 0.41 0.44

Gulf & Pacific Equities 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 0.50 0.56 0.46 0.44 0.46

Competitive Comparison of Gulf & Pacific Equities's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Gulf & Pacific Equities'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.


Gulf & Pacific Equities's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Gulf & Pacific Equities's Cyclically Adjusted PB Ratio falls into.



Gulf & Pacific Equities 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.

Gulf & Pacific Equities's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.435/0.95
=0.46

* 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.

Gulf & Pacific Equities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gulf & Pacific Equities'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)
=1.031/126.2576*126.2576
=1.031

Current CPI (Mar. 2024) = 126.2576.

Gulf & Pacific Equities Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.634 99.473 2.074
201409 1.419 99.394 1.803
201412 0.891 98.367 1.144
201503 0.831 99.789 1.051
201506 0.824 100.500 1.035
201509 0.660 100.421 0.830
201512 0.752 99.947 0.950
201603 0.757 101.054 0.946
201606 0.761 102.002 0.942
201609 0.765 101.765 0.949
201612 0.670 101.449 0.834
201703 0.673 102.634 0.828
201706 0.678 103.029 0.831
201709 0.682 103.345 0.833
201712 0.663 103.345 0.810
201803 0.666 105.004 0.801
201806 0.670 105.557 0.801
201809 0.667 105.636 0.797
201812 0.681 105.399 0.816
201903 0.684 106.979 0.807
201906 0.688 107.690 0.807
201909 0.691 107.611 0.811
201912 0.671 107.769 0.786
202003 0.680 107.927 0.795
202006 0.677 108.401 0.789
202009 0.682 108.164 0.796
202012 0.692 108.559 0.805
202103 0.697 110.298 0.798
202106 0.705 111.720 0.797
202109 0.712 112.905 0.796
202112 0.904 113.774 1.003
202203 0.904 117.646 0.970
202206 0.905 120.806 0.946
202209 0.908 120.648 0.950
202212 0.978 120.964 1.021
202303 0.983 122.702 1.011
202306 1.007 124.203 1.024
202309 1.008 125.230 1.016
202312 1.033 125.072 1.043
202403 1.031 126.258 1.031

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.


Gulf & Pacific Equities  (TSXV:GUF) 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.


Gulf & Pacific Equities Cyclically Adjusted PB Ratio Related Terms

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


Gulf & Pacific Equities (TSXV:GUF) Business Description

Traded in Other Exchanges
N/A
Address
1240 Bay Street, Suite 800, Toronto, ON, CAN, M5R 2A7
Gulf & Pacific Equities Corp is a Canada-based company, which owns and operates commercial rental properties in Western Canada. It acquires, manages, and develops anchored shopping malls in rural centres in Alberta and British Columbia. The company's portfolio consists of over three properties located in Northern Alberta.
Executives
Anthony Cohen 10% Security Holder, Director, Senior Officer

Gulf & Pacific Equities (TSXV:GUF) Headlines

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