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Hamborner REIT AG (CHIX:HABAD) Cyclically Adjusted PB Ratio : 0.83 (As of Apr. 27, 2025)


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What is Hamborner REIT AG Cyclically Adjusted PB Ratio?

As of today (2025-04-27), Hamborner REIT AG's current share price is €6.105. Hamborner REIT AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €7.35. Hamborner REIT AG's Cyclically Adjusted PB Ratio for today is 0.83.

The historical rank and industry rank for Hamborner REIT AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:HABAd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.36   Max: 1.62
Current: 0.85

During the past years, Hamborner REIT AG's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 0.80. And the median was 1.36.

CHIX:HABAd's Cyclically Adjusted PB Ratio is ranked worse than
55.35% of 533 companies
in the REITs industry
Industry Median: 0.79 vs CHIX:HABAd: 0.85

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.

Hamborner REIT AG's adjusted book value per share data for the three months ended in Dec. 2024 was €5.055. 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 €7.35 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hamborner REIT AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hamborner REIT AG'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.

Hamborner REIT AG Cyclically Adjusted PB Ratio Chart

Hamborner REIT AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.49 0.95 0.94 0.87

Hamborner REIT AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.94 0.94 0.89 0.91 0.87

Competitive Comparison of Hamborner REIT AG's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Hamborner REIT AG'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.


Hamborner REIT AG's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hamborner REIT AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hamborner REIT AG's Cyclically Adjusted PB Ratio falls into.


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Hamborner REIT AG 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.

Hamborner REIT AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.105/7.35
=0.83

* 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.

Hamborner REIT AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Hamborner REIT AG's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.055/127.0412*127.0412
=5.055

Current CPI (Dec. 2024) = 127.0412.

Hamborner REIT AG Quarterly Data

Book Value per Share CPI Adj_Book
201503 5.801 99.717 7.391
201506 5.517 100.417 6.980
201509 6.380 100.417 8.072
201512 6.470 99.717 8.243
201603 6.568 100.017 8.343
201606 6.199 100.717 7.819
201609 6.982 101.017 8.781
201612 7.041 101.217 8.837
201703 7.107 101.417 8.903
201706 6.771 102.117 8.424
201709 6.841 102.717 8.461
201712 6.876 102.617 8.513
201803 6.926 102.917 8.549
201806 6.554 104.017 8.005
201809 6.628 104.718 8.041
201812 6.679 104.217 8.142
201903 6.720 104.217 8.192
201906 6.330 105.718 7.607
201909 6.407 106.018 7.678
201912 6.442 105.818 7.734
202003 6.492 105.718 7.801
202006 6.346 106.618 7.562
202009 6.453 105.818 7.747
202012 5.885 105.518 7.085
202103 6.019 107.518 7.112
202106 6.003 108.486 7.030
202109 6.112 109.435 7.095
202112 6.115 110.384 7.038
202203 6.148 113.968 6.853
202206 5.735 115.760 6.294
202209 5.792 118.818 6.193
202212 5.822 119.345 6.197
202303 5.885 122.402 6.108
202306 5.326 123.140 5.495
202309 5.388 124.195 5.511
202312 5.337 123.773 5.478
202403 5.395 125.038 5.481
202406 4.951 125.882 4.997
202409 4.998 126.198 5.031
202412 5.055 127.041 5.055

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.


Hamborner REIT AG  (CHIX:HABAd) 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.


Hamborner REIT AG Cyclically Adjusted PB Ratio Related Terms

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


Hamborner REIT AG Business Description

Industry
Traded in Other Exchanges
Address
Goethestrasse 45, Duisburg, NW, DEU, 47166
Hamborner REIT AG is a real estate investment trust (REIT) specializing in property investment, particularly in commercial real estate. Its diverse portfolio includes modern office properties in established locations and retail properties focused on local shops in city centers and high-footfall suburban areas in Germany. The company pursues an active portfolio strategy, seeking properties with solid risk-return profiles. With a focus on "core" properties, characterized by high-quality locations and long-term leases, it aims to achieve around 80 to 90% of its portfolio volume. Primarily investing in German metropolitan regions, it targets locations with promising economic and demographic prospects. The majority of its rental income is derived from retail properties.

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