AKR (Acadia Realty Trust) Cyclically Adjusted Book per Share: $21.14 (As of Mar. 2026)


AKR Acadia Realty Trust AKR
66 GF Score
Price $21.27
GF Value $17.34
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Acadia Realty Trust Cyclically Adjusted Book per Share?

Acadia Realty Trust AKR +1.05% 66 Cyclically Adjusted Book per Share is $21.14 as of Mar. 2026. GuruFocus rates AKR with a GF Score™ of 66/100 and a GF Value™ of $17.34 (Modestly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Acadia Realty Trust's adjusted book value per share for the three months ended in Mar. 2026 was $17.055. 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 $21.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Acadia Realty Trust's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Acadia Realty Trust was 10.30% per year. The lowest was -1.80% per year. And the median was 5.60% per year.

As of today (2026-07-05), Acadia Realty Trust's current stock price is $21.27. Acadia Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $21.14. Acadia Realty Trust's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Acadia Realty Trust was 3.41. The lowest was 0.59. And the median was 1.14.


Acadia Realty Trust  (NYSE:AKR) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Acadia Realty Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.27/21.14
=1.01

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Acadia Realty Trust was 3.41. The lowest was 0.59. And the median was 1.14.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Acadia Realty Trust Cyclically Adjusted Book per Share Related Terms


Acadia Realty Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Acadia Realty Trust's Cyclically Adjusted Book per Share 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.

Acadia Realty Trust Cyclically Adjusted Book per Share Chart

Acadia Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.91 19.54 20.30 20.73 20.87

Acadia Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 20.92 21.00 21.04 20.87 21.14

AKR vs UE, IVT, FCPT: Cyclically Adjusted Book per Share Comparison

For the REIT - Retail subindustry, Acadia Realty Trust'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.


Acadia Realty Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


AKR
66GF Score
Acadia Realty Trust AKR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Acadia Realty Trust Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Acadia Realty Trust's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=17.055/330.2130*330.2130
=17.055

Current CPI (Mar. 2026) = 330.2130.

Acadia Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.327 241.018 23.739
201609 18.512 241.428 25.320
201612 19.003 241.432 25.991
201703 18.875 243.801 25.565
201706 18.769 244.955 25.302
201709 18.685 246.819 24.998
201712 18.722 246.524 25.078
201803 18.492 249.554 24.469
201806 18.314 251.989 23.999
201809 18.219 252.439 23.832
201812 17.896 251.233 23.522
201903 17.724 254.202 23.024
201906 17.539 256.143 22.611
201909 17.538 256.759 22.555
201912 17.717 256.974 22.766
202003 16.682 258.115 21.342
202006 16.873 257.797 21.613
202009 16.846 260.280 21.372
202012 16.704 260.474 21.176
202103 16.997 264.877 21.190
202106 16.950 271.696 20.601
202109 17.015 274.310 20.483
202112 17.039 278.802 20.181
202203 17.582 287.504 20.194
202206 17.830 296.311 19.870
202209 17.931 296.808 19.949
202212 17.786 296.797 19.789
202303 17.552 301.836 19.202
202306 17.689 305.109 19.144
202309 17.682 307.789 18.970
202312 17.165 306.746 18.478
202403 17.070 312.332 18.047
202406 16.923 314.175 17.787
202409 16.916 315.301 17.716
202412 17.263 315.605 18.062
202503 17.548 319.799 18.119
202506 17.320 322.561 17.731
202509 17.141 324.800 17.427
202512 16.985 324.054 17.308
202603 17.055 330.213 17.055

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $21.14 mean?
Acadia Realty Trust (AKR) has a Cyclically Adjusted Book per Share of $21.14 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Acadia Realty Trust and its competitors.
Is Acadia Realty Trust's Cyclically Adjusted Book per Share too high?
Acadia Realty Trust's current Cyclically Adjusted Book per Share is $21.14. Overall, Acadia Realty Trust has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acadia Realty Trust's Cyclically Adjusted Book per Share compare to UE and IVT?
Acadia Realty Trust's Cyclically Adjusted Book per Share of $21.14 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a REITs company?
A good Cyclically Adjusted Book per Share depends on the REITs industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Acadia Realty Trust and its competitors. Acadia Realty Trust's current Cyclically Adjusted Book per Share is $21.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acadia Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Acadia Realty Trust (AKR) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.34, compared to a current price of $21.27 — trading 22.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $21.14. Acadia Realty Trust's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Acadia Realty Trust (AKR), the current Cyclically Adjusted Book per Share is $21.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Acadia Realty Trust (AKR) Overvalued in 2026?

Based on GuruFocus' analysis, Acadia Realty Trust stock appears to be overvalued. The current stock price of $21.27 is trading 22.7% above its estimated GF Value™ of $17.34. GuruFocus considers Acadia Realty Trust to be Modestly Overvalued.

Key valuation signals for AKR:

  • Cyclically Adjusted Book per Share: $21.14
  • GF Value™: $17.34 vs. price of $21.27 (22.7% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the AKR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acadia Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges WX1:Germany
Address 411 Theodore Fremd Avenue, Suite 300, Rye, NY, USA, 10580
Acadia Realty Trust is a real estate investment trust that specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company operates through three segments: REIT Portfolio segment consists of high-quality retail properties located in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon; Investment Management segment holds the retail real estate in which the company co-invests with high-quality institutional investors; and Structured Financing segment consists of earnings and expenses related to notes and mortgages receivable Fees earned by the company as the general partner or managing member through Investment Management.
66GF Score

Get the complete analysis for AKR

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.27
Price
$17.34
GF Value