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Urstadt Biddle Properties (Urstadt Biddle Properties) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Urstadt Biddle Properties Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Urstadt Biddle Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Urstadt Biddle Properties'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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Urstadt Biddle Properties Cyclically Adjusted PB Ratio Chart

Urstadt Biddle Properties Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Cyclically Adjusted PB Ratio
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Urstadt Biddle Properties Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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Competitive Comparison of Urstadt Biddle Properties's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Urstadt Biddle Properties'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.


Urstadt Biddle Properties's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Urstadt Biddle Properties 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.

Urstadt Biddle Properties's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2023 is calculated as:

For example, Urstadt Biddle Properties's adjusted Book Value per Share data for the three months ended in Apr. 2023 was:

Adj_Book=Book Value per Share/CPI of Apr. 2023 (Change)*Current CPI (Apr. 2023)
=8.545/127.9921*127.9921
=8.545

Current CPI (Apr. 2023) = 127.9921.

Urstadt Biddle Properties Quarterly Data

Book Value per Share CPI Adj_Book
201307 7.909 98.557 10.271
201310 7.839 98.536 10.182
201401 8.068 98.692 10.463
201404 7.920 100.023 10.135
201407 7.822 100.520 9.960
201410 8.403 100.176 10.736
201501 9.099 98.604 11.811
201504 9.067 99.824 11.626
201507 9.028 100.691 11.476
201510 9.417 100.346 12.011
201601 9.174 99.957 11.747
201604 9.076 100.947 11.508
201607 9.909 101.524 12.492
201610 10.083 101.988 12.654
201701 9.959 102.456 12.441
201704 10.402 103.167 12.905
201707 10.321 103.278 12.791
201710 10.084 104.070 12.402
201801 9.990 104.578 12.227
201804 10.071 105.708 12.194
201807 9.930 106.324 11.954
201810 9.893 106.695 11.868
201901 9.598 106.200 11.567
201904 9.431 107.818 11.196
201907 9.243 108.250 10.929
201910 8.900 108.577 10.491
202001 8.710 108.841 10.243
202004 8.630 108.173 10.211
202007 8.680 109.318 10.163
202010 8.637 109.861 10.062
202101 8.506 110.364 9.865
202104 8.516 112.673 9.674
202107 8.691 115.183 9.658
202110 8.723 116.696 9.567
202201 8.667 118.619 9.352
202204 8.972 121.978 9.414
202207 8.817 125.002 9.028
202210 8.908 125.734 9.068
202301 8.617 126.223 8.738
202304 8.545 127.992 8.545

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.


Urstadt Biddle Properties  (NYSE:UBA) 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.


Urstadt Biddle Properties Cyclically Adjusted PB Ratio Related Terms

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Urstadt Biddle Properties (Urstadt Biddle Properties) Business Description

Traded in Other Exchanges
N/A
Address
321 Railroad Avenue, Greenwich, CT, USA, 06830
Urstadt Biddle Properties Inc is a real estate investment trust. It is engaged in acquisition, ownership, and management of the commercial real estate. The company's business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York. The company's operating segment is one of its property, Ridgeway, located in Stamford, Connecticut, US.
Executives
Bryan O. Colley director 83 NORTH SALEM ROAD, CROSS RIVER NY 10518
Kevin J Bannon director 62 CROTON AVENUE, MOUNT KISCO NY 10549
Elinor F Urstadt 10 percent owner 6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Estate Of Urstadt, Charles J. 10 percent owner 6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Stephan A Rapaglia officer: SVP and COO 8 OLD MUSKET LANE, RIDGEFIELD CT 06877
John T Hayes officer: Senior VP and CFO 321 RAILROAD AVENUE, GREENWICH CT 06830
Stephens Willis H. Jr. director 15 MT. EBO ROAD SOUTH, P.O. BOX 408, BREWSTER NY 10509
Charles J Urstadt director, 10 percent owner, officer: Chairman of Board & CEO 321 RAILROAD AVE, GREENWICH CT 06830
Miyun Sung officer: SVP and CLO 4-75 48TH AVENUE #705, LONG ISLAND CITY NY 11109
Carpenter Noble O Jr director 18 HAWTHORNE ROAD, BRONXVILLE NY 10708
Thomas D Myers officer: Co-Counsel 321 RAILROAD AVENUE, GREENWICH CT 06830
Catherine U Biddle director 53 ELMWOOD ROAD, SOUTH SALEM NY 10590
Richard Grellier director 4 EGGLESTON LANE, OLD GREENWICH CT 06870
Robert J Mueller director 321 RAILROAD AVENUE, GREENWICH CT 06830
Raymond P Argila officer: Senior Vice President 321 RAILROAD AVENUE, GREENWICH CT 06830

Urstadt Biddle Properties (Urstadt Biddle Properties) Headlines

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