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Warehouses Estates Belgium (XBRU:WEB) Cyclically Adjusted PB Ratio : 0.67 (As of May. 26, 2024)


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What is Warehouses Estates Belgium Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Warehouses Estates Belgium's current share price is €38.00. Warehouses Estates Belgium's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €56.70. Warehouses Estates Belgium's Cyclically Adjusted PB Ratio for today is 0.67.

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

XBRU:WEB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.88   Max: 1.37
Current: 0.67

During the past 13 years, Warehouses Estates Belgium's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.57. And the median was 0.88.

XBRU:WEB's Cyclically Adjusted PB Ratio is ranked better than
56.8% of 493 companies
in the REITs industry
Industry Median: 0.76 vs XBRU:WEB: 0.67

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 Estates Belgium's adjusted book value per share data of for the fiscal year that ended in Dec23 was €52.903. 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 €56.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warehouses Estates Belgium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Warehouses Estates Belgium'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 Estates Belgium Cyclically Adjusted PB Ratio Chart

Warehouses Estates Belgium Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.89 0.83 0.66 0.64

Warehouses Estates Belgium Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 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 0.83 - 0.66 - 0.64

Competitive Comparison of Warehouses Estates Belgium's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Warehouses Estates Belgium'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 Estates Belgium's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

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



Warehouses Estates Belgium 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 Estates Belgium's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.00/56.7
=0.67

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

For example, Warehouses Estates Belgium'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)
=52.903/128.2922*128.2922
=52.903

Current CPI (Dec23) = 128.2922.

Warehouses Estates Belgium Annual Data

Book Value per Share CPI Adj_Book
201309 42.477 99.314 54.871
201409 42.827 99.195 55.390
201509 43.705 100.245 55.933
201609 46.583 102.118 58.523
201709 48.598 104.170 59.852
201912 49.596 108.065 58.879
202012 49.791 108.511 58.868
202112 51.459 114.705 57.555
202212 53.455 126.578 54.179
202312 52.903 128.292 52.903

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 Estates Belgium  (XBRU:WEB) 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 Estates Belgium Cyclically Adjusted PB Ratio Related Terms

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


Warehouses Estates Belgium (XBRU:WEB) Business Description

Traded in Other Exchanges
Address
29 Avenue Jean Mermoz, Gosselies, BEL, 6041
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.