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Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) Cyclically Adjusted PB Ratio : 0.57 (As of Jul. 05, 2025)


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What is Cshg Real Estate Fundo Invest Imobiliario Cyclically Adjusted PB Ratio?

As of today (2025-07-05), Cshg Real Estate Fundo Invest Imobiliario's current share price is R$115.84. Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was R$203.07. Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio for today is 0.57.

The historical rank and industry rank for Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:HGRE11' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.67   Max: 1.11
Current: 0.59

During the past 13 years, Cshg Real Estate Fundo Invest Imobiliario's highest Cyclically Adjusted PB Ratio was 1.11. The lowest was 0.47. And the median was 0.67.

BSP:HGRE11's Cyclically Adjusted PB Ratio is ranked better than
64.57% of 525 companies
in the REITs industry
Industry Median: 0.81 vs BSP:HGRE11: 0.59

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.

Cshg Real Estate Fundo Invest Imobiliario's adjusted book value per share data of for the fiscal year that ended in Dec23 was R$153.334. 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 R$203.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cshg Real Estate Fundo Invest Imobiliario Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cshg Real Estate Fundo Invest Imobiliario'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.

Cshg Real Estate Fundo Invest Imobiliario Cyclically Adjusted PB Ratio Chart

Cshg Real Estate Fundo Invest Imobiliario 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 1.05 0.81 0.65 0.59 0.66

Cshg Real Estate Fundo Invest Imobiliario Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 0.81 0.65 0.59 0.66

Competitive Comparison of Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, Cshg Real Estate Fundo Invest Imobiliario'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.


Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio falls into.


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Cshg Real Estate Fundo Invest Imobiliario 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.

Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=115.84/203.07
=0.57

* 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.

Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Cshg Real Estate Fundo Invest Imobiliario'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)
=153.334/157.1481*157.1481
=153.334

Current CPI (Dec23) = 157.1481.

Cshg Real Estate Fundo Invest Imobiliario Annual Data

Book Value per Share CPI Adj_Book
201412 161.807 94.194 269.951
201512 149.775 104.247 225.780
201612 147.564 110.802 209.287
201712 149.338 114.068 205.739
201812 151.852 118.340 201.649
201912 163.830 123.436 208.574
202012 172.115 129.012 209.651
202112 164.981 141.992 182.590
202212 156.887 150.207 164.137
202312 153.334 157.148 153.334

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.


Cshg Real Estate Fundo Invest Imobiliario  (BSP:HGRE11) 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.


Cshg Real Estate Fundo Invest Imobiliario Cyclically Adjusted PB Ratio Related Terms

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


Cshg Real Estate Fundo Invest Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitschek, Tower IV - 7th Floor - Moema, São Paulo, SP, BRA, 04543900
Cshg Real Estate Fundo Invest Imobiliario is engaged in the acquisition of commercial real estate projects for commercial operation.

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