GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Atrium Mortgage Investment Corp (TSX:AI) » Definitions » Cyclically Adjusted PB Ratio

Atrium Mortgage Investment (TSX:AI) Cyclically Adjusted PB Ratio : 0.91 (As of Jul. 10, 2025)


View and export this data going back to 2012. Start your Free Trial

What is Atrium Mortgage Investment Cyclically Adjusted PB Ratio?

As of today (2025-07-10), Atrium Mortgage Investment's current share price is C$11.34. Atrium Mortgage Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$12.51. Atrium Mortgage Investment's Cyclically Adjusted PB Ratio for today is 0.91.

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

TSX:AI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 0.92   Max: 1.32
Current: 0.89

During the past years, Atrium Mortgage Investment's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 0.82. And the median was 0.92.

TSX:AI's Cyclically Adjusted PB Ratio is ranked better than
62.2% of 1291 companies
in the Banks industry
Industry Median: 1.06 vs TSX:AI: 0.89

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.

Atrium Mortgage Investment's adjusted book value per share data for the three months ended in Mar. 2025 was C$10.979. 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 C$12.51 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atrium Mortgage Investment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atrium Mortgage Investment'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.

Atrium Mortgage Investment Cyclically Adjusted PB Ratio Chart

Atrium Mortgage Investment 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 - 1.22 0.89 0.85 0.88

Atrium Mortgage Investment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.92 0.85 0.92 0.88 0.85

Competitive Comparison of Atrium Mortgage Investment's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Atrium Mortgage Investment'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.


Atrium Mortgage Investment's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Atrium Mortgage Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Atrium Mortgage Investment 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.

Atrium Mortgage Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.34/12.51
=0.91

* 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.

Atrium Mortgage Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Atrium Mortgage Investment's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.979/129.1809*129.1809
=10.979

Current CPI (Mar. 2025) = 129.1809.

Atrium Mortgage Investment Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.222 100.500 13.139
201509 10.265 100.421 13.205
201512 10.247 99.947 13.244
201603 10.265 101.054 13.122
201606 10.295 102.002 13.038
201609 10.335 101.765 13.119
201612 10.276 101.449 13.085
201703 10.406 102.634 13.098
201706 10.424 103.029 13.070
201709 10.514 103.345 13.143
201712 10.498 103.345 13.123
201803 10.545 105.004 12.973
201806 10.577 105.557 12.944
201809 10.609 105.636 12.974
201812 10.593 105.399 12.983
201903 10.752 106.979 12.983
201906 10.781 107.690 12.932
201909 10.810 107.611 12.977
201912 10.973 107.769 13.153
202003 10.918 107.927 13.068
202006 10.925 108.401 13.019
202009 10.921 108.164 13.043
202012 10.914 108.559 12.987
202103 10.926 110.298 12.797
202106 10.961 111.720 12.674
202109 10.989 112.905 12.573
202112 10.983 113.774 12.470
202203 11.052 117.646 12.136
202206 11.077 120.806 11.845
202209 11.123 120.648 11.910
202212 10.974 120.964 11.719
202303 11.081 122.702 11.666
202306 11.190 124.203 11.638
202309 11.213 125.230 11.567
202312 10.968 125.072 11.328
202403 11.018 126.258 11.273
202406 11.055 127.522 11.199
202409 11.088 127.285 11.253
202412 10.961 127.364 11.117
202503 10.979 129.181 10.979

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.


Atrium Mortgage Investment  (TSX:AI) 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.


Atrium Mortgage Investment Cyclically Adjusted PB Ratio Related Terms

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


Atrium Mortgage Investment Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 1010, Toronto, ON, CAN, M5C 1C4
Atrium Mortgage Investment Corp is a mortgage investment corporation in Canada. The company is a provider of financing solutions to commercial real estate and development communities in urban centers in Ontario and Western Canada. The company generates its revenue from mortgage interest and fees and rental income.
Executives
Robert Goodall Director, Senior Officer
Mark Silver Director
Nancy Lockhart Director
Peter Phillip Cohos Director
Maurice Kagan Director
Jennifer Lynn Scoffield Senior Officer