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R&R Real Estate Investment Trust (TSXV:RRR.UN) Cyclically Adjusted PB Ratio : 0.27 (As of Jun. 03, 2024)


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What is R&R Real Estate Investment Trust Cyclically Adjusted PB Ratio?

As of today (2024-06-03), R&R Real Estate Investment Trust's current share price is C$0.145. R&R Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.54. R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.27.

The historical rank and industry rank for R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSXV:RRR.UN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.24   Max: 0.34
Current: 0.27

During the past years, R&R Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 0.34. The lowest was 0.18. And the median was 0.24.

TSXV:RRR.UN's Cyclically Adjusted PB Ratio is ranked better than
87.47% of 495 companies
in the REITs industry
Industry Median: 0.76 vs TSXV:RRR.UN: 0.27

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.

R&R Real Estate Investment Trust's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.662. 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$0.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


R&R Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for R&R Real Estate Investment 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.

R&R Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

R&R Real Estate Investment 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 - - - - 0.20

R&R Real Estate Investment 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 - 0.30 0.20 0.20 0.21

Competitive Comparison of R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio

For the REIT - Hotel & Motel subindustry, R&R Real Estate Investment 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.


R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.



R&R Real Estate Investment 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.

R&R Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.145/0.54
=0.27

* 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.

R&R Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, R&R Real Estate Investment 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)
=0.662/126.2576*126.2576
=0.662

Current CPI (Mar. 2024) = 126.2576.

R&R Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.064 99.473 0.081
201409 -0.071 99.394 -0.090
201412 -0.009 98.367 -0.012
201503 0.057 99.789 0.072
201506 0.065 100.500 0.082
201509 -0.371 100.421 -0.466
201512 0.192 99.947 0.243
201603 0.231 101.054 0.289
201606 0.194 102.002 0.240
201609 0.171 101.765 0.212
201612 0.126 101.449 0.157
201703 0.098 102.634 0.121
201706 0.151 103.029 0.185
201709 0.158 103.345 0.193
201712 0.273 103.345 0.334
201803 0.318 105.004 0.382
201806 0.426 105.557 0.510
201809 0.720 105.636 0.861
201812 0.731 105.399 0.876
201903 0.664 106.979 0.784
201906 0.674 107.690 0.790
201909 0.658 107.611 0.772
201912 0.723 107.769 0.847
202003 1.139 107.927 1.332
202006 1.321 108.401 1.539
202009 1.189 108.164 1.388
202012 0.693 108.559 0.806
202103 0.408 110.298 0.467
202106 0.595 111.720 0.672
202109 0.719 112.905 0.804
202112 0.749 113.774 0.831
202203 0.579 117.646 0.621
202206 0.623 120.806 0.651
202209 0.780 120.648 0.816
202212 0.745 120.964 0.778
202303 0.629 122.702 0.647
202306 0.434 124.203 0.441
202309 0.818 125.230 0.825
202312 0.723 125.072 0.730
202403 0.662 126.258 0.662

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.


R&R Real Estate Investment Trust  (TSXV:RRR.UN) 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.


R&R Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

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


R&R Real Estate Investment Trust (TSXV:RRR.UN) Business Description

Traded in Other Exchanges
Address
5090 Explorer Drive, Suite 500, Mississauga, ON, CAN, L4W 4T9
Website
R&R Real Estate Investment Trust, an open-ended real estate investment trust, acquires and owns hotel properties. Its revenue primarily consists of room revenue and other revenue, which includes parking income, in-room movie commissions, in-room safe commissions, and vending income.

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