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MHIVF (Invesque) Cyclically Adjusted PB Ratio : 0.01 (As of Jan. 18, 2025)


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What is Invesque Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Invesque's current share price is $0.075. Invesque's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $5.29. Invesque's Cyclically Adjusted PB Ratio for today is 0.01.

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

MHIVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 22.5
Current: 0.02

During the past years, Invesque's highest Cyclically Adjusted PB Ratio was 22.50. The lowest was 0.01. And the median was 0.11.

MHIVF's Cyclically Adjusted PB Ratio is ranked better than
99.12% of 1370 companies
in the Real Estate industry
Industry Median: 0.7 vs MHIVF: 0.02

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.

Invesque's adjusted book value per share data for the three months ended in Sep. 2024 was $0.524. 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 $5.29 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invesque Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Invesque'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.

Invesque Cyclically Adjusted PB Ratio Chart

Invesque 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 - - - - 0.08

Invesque Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.31 0.08 0.05 0.02 0.02

Competitive Comparison of Invesque's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Invesque'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.


Invesque's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Invesque 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.

Invesque's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.075/5.29
=0.01

* 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.

Invesque's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Invesque's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.524/127.2847*127.2847
=0.524

Current CPI (Sep. 2024) = 127.2847.

Invesque Quarterly Data

Book Value per Share CPI Adj_Book
201412 -5.391 98.367 -6.976
201503 -4.981 99.789 -6.353
201506 -7.331 100.500 -9.285
201509 14.243 100.421 18.053
201512 2.538 99.947 3.232
201603 0.000 101.054 0.000
201606 9.200 102.002 11.480
201609 9.099 101.765 11.381
201612 9.225 101.449 11.574
201703 9.204 102.634 11.415
201706 9.182 103.029 11.344
201709 9.163 103.345 11.286
201712 9.056 103.345 11.154
201803 8.843 105.004 10.719
201806 8.831 105.557 10.649
201809 8.838 105.636 10.649
201812 7.979 105.399 9.636
201903 7.954 106.979 9.464
201906 7.467 107.690 8.826
201909 7.257 107.611 8.584
201912 7.226 107.769 8.535
202003 5.904 107.927 6.963
202006 5.373 108.401 6.309
202009 4.313 108.164 5.075
202012 3.721 108.559 4.363
202103 3.766 110.298 4.346
202106 3.723 111.720 4.242
202109 3.591 112.905 4.048
202112 3.608 113.774 4.036
202203 3.612 117.646 3.908
202206 3.458 120.806 3.643
202209 3.169 120.648 3.343
202212 2.607 120.964 2.743
202303 2.329 122.702 2.416
202306 1.577 124.203 1.616
202309 1.741 125.230 1.770
202312 1.089 125.072 1.108
202403 0.939 126.258 0.947
202406 0.649 127.522 0.648
202409 0.524 127.285 0.524

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.


Invesque  (OTCPK:MHIVF) 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.


Invesque Cyclically Adjusted PB Ratio Related Terms

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


Invesque Business Description

Industry
Traded in Other Exchanges
Address
333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7
Invesque Inc is a Canada-based company engaged in owning income-producing seniors housing and care properties. The company focuses on acquiring and investing in properties that offer transitional care, long-term care, memory care assisted living, independent living programs, and medical office properties. The rental income generates maximum revenue for the company. It offers its services to the United States of America. Its operating segments comprise of Seniors housing and care investment properties, Owner occupied properties, Medical office buildings, and Corporate.

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