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Warehouses De Pauw (XBRU:WDP) Cyclically Adjusted PB Ratio : 2.14 (As of May. 24, 2024)


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What is Warehouses De Pauw Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Warehouses De Pauw's current share price is €27.16. Warehouses De Pauw's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €12.71. Warehouses De Pauw's Cyclically Adjusted PB Ratio for today is 2.14.

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

XBRU:WDP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 3.45   Max: 4.92
Current: 2.16

During the past years, Warehouses De Pauw's highest Cyclically Adjusted PB Ratio was 4.92. The lowest was 1.86. And the median was 3.45.

XBRU:WDP's Cyclically Adjusted PB Ratio is ranked worse than
85.8% of 493 companies
in the REITs industry
Industry Median: 0.76 vs XBRU:WDP: 2.16

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.

Warehouses De Pauw's adjusted book value per share data for the three months ended in Dec. 2023 was €20.247. 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 €12.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warehouses De Pauw Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Warehouses De Pauw'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.

Warehouses De Pauw Cyclically Adjusted PB Ratio Chart

Warehouses De Pauw 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 3.53 3.84 4.65 2.30 2.24

Warehouses De Pauw Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 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 2.29 2.30 2.14 1.92 2.24

Competitive Comparison of Warehouses De Pauw's Cyclically Adjusted PB Ratio

For the REIT - Industrial subindustry, Warehouses De Pauw'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.


Warehouses De Pauw's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Warehouses De Pauw 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.

Warehouses De Pauw's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.16/12.71
=2.14

* 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.

Warehouses De Pauw's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Warehouses De Pauw's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=20.247/128.2922*128.2922
=20.247

Current CPI (Dec. 2023) = 128.2922.

Warehouses De Pauw Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.648 99.462 5.995
201403 4.737 99.819 6.088
201406 4.446 99.482 5.734
201409 4.654 99.195 6.019
201412 4.988 99.086 6.458
201503 5.290 99.423 6.826
201506 5.284 100.107 6.772
201509 5.445 100.245 6.968
201512 5.886 100.572 7.508
201603 5.971 101.653 7.536
201606 5.762 102.267 7.228
201609 5.970 102.118 7.500
201612 6.915 102.614 8.645
201703 7.258 103.972 8.956
201706 7.335 103.902 9.057
201709 7.693 104.170 9.474
201712 8.038 104.804 9.839
201803 8.313 105.419 10.117
201806 8.132 106.063 9.836
201809 8.783 106.618 10.569
201812 9.791 107.252 11.712
201903 10.033 107.876 11.932
201906 10.304 107.896 12.252
201909 10.656 107.470 12.721
201912 12.197 108.065 14.480
202003 12.518 108.550 14.795
202006 12.522 108.540 14.801
202009 12.720 108.441 15.048
202012 13.473 108.511 15.929
202103 14.961 109.522 17.525
202106 15.955 110.305 18.557
202109 17.386 111.543 19.997
202112 18.998 114.705 21.248
202203 20.659 118.620 22.344
202206 21.318 120.948 22.612
202209 22.225 124.120 22.972
202212 20.950 126.578 21.234
202306 20.076 125.973 20.446
202309 20.213 127.083 20.405
202312 20.247 128.292 20.247

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.


Warehouses De Pauw  (XBRU:WDP) 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.


Warehouses De Pauw Cyclically Adjusted PB Ratio Related Terms

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


Warehouses De Pauw (XBRU:WDP) Business Description

Industry
Traded in Other Exchanges
Address
Blakebergen 15, Meise, Wolvertem, BEL, B-1861
Warehouses De Pauw is a real estate investment trust engaged in the acquisition and development of storage, distribution, and semi-industrial facilities throughout Europe. The vast majority of the company's real estate portfolio in terms of square footage and total rental value is made up of general warehouse space, while offices represent a smaller amount. These properties are mainly located in Belgium and the Netherlands near large transportation hubs. Warehouses De Pauw derives nearly all of its revenue in the form of rental income from the same two countries. The company's tenants in terms of revenue include solar panels, third-party logistics firms, and food industry companies. Warehouses De Pauw is also active in the logistics property markets of France and Romania.

Warehouses De Pauw (XBRU:WDP) Headlines

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