COPT Defense Properties (BSP:C1DP34) Cyclically Adjusted Book per Share: R$0.00 (As of Mar. 2026)


BSP:C1DP34 COPT Defense Properties BSP:C1DP34
43 GF Score
Price R$46.85
GF Value R$36.10
Valuation Modestly Overvalued
! 11 Warning Signs
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What is COPT Defense Properties Cyclically Adjusted Book per Share?

COPT Defense Properties BSP:C1DP34 43 Cyclically Adjusted Book per Share is R$0.00 as of Mar. 2026. GuruFocus rates BSP:C1DP34 with a GF Score™ of 43/100 and a GF Value™ of R$36.10 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

COPT Defense Properties's adjusted book value per share for the three months ended in Mar. 2026 was R$69.871. 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$0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, COPT Defense Properties's average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.30% 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 COPT Defense Properties was 9.50% per year. The lowest was -2.10% per year. And the median was 2.20% per year.

As of today (2026-07-11), COPT Defense Properties's current stock price is R$46.85. COPT Defense Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$0.00. COPT Defense Properties's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of COPT Defense Properties was 2.23. The lowest was 1.06. And the median was 1.72.


COPT Defense Properties  (BSP:C1DP34) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of COPT Defense Properties was 2.23. The lowest was 1.06. And the median was 1.72.


Be Aware

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


COPT Defense Properties Cyclically Adjusted Book per Share Related Terms


COPT Defense Properties Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for COPT Defense Properties'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.

COPT Defense Properties Cyclically Adjusted Book per Share Chart

COPT Defense Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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COPT Defense Properties 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 0.00 0.00 0.00 0.00 0.00

BSP:C1DP34 vs KRC, SLG, CUZ: Cyclically Adjusted Book per Share Comparison

For the REIT - Office subindustry, COPT Defense Properties'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.


COPT Defense Properties Cyclically Adjusted PB Ratio vs REITs Industry

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

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


BSP:C1DP34
43GF Score
COPT Defense Properties BSP:C1DP34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

COPT Defense Properties 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, COPT Defense Properties'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)
=69.871/330.2130*330.2130
=69.871

Current CPI (Mar. 2026) = 330.2130.

COPT Defense Properties Quarterly Data

Book Value per Share CPI Adj_Book
201606 44.596 241.018 61.100
201609 42.368 241.428 57.949
201612 45.988 241.432 62.899
201703 42.875 243.801 58.071
201706 44.794 244.955 60.385
201709 42.452 246.819 56.795
201712 45.611 246.524 61.095
201803 45.465 249.554 60.160
201806 52.669 251.989 69.019
201809 59.194 252.439 77.431
201812 55.848 251.233 73.405
201903 55.253 254.202 71.775
201906 57.595 256.143 74.250
201909 60.892 256.759 78.312
201912 61.492 256.974 79.018
202003 70.787 258.115 90.560
202006 74.768 257.797 95.771
202009 77.467 260.280 98.281
202012 76.176 260.474 96.571
202103 81.428 264.877 101.513
202106 73.287 271.696 89.071
202109 76.912 274.310 92.586
202112 81.693 278.802 96.757
202203 73.125 287.504 83.988
202206 74.396 296.311 82.908
202209 77.490 296.808 86.211
202212 78.468 296.797 87.303
202303 79.909 301.836 87.422
202306 74.645 305.109 80.787
202309 65.209 307.789 69.960
202312 64.598 306.746 69.540
202403 65.540 312.332 69.292
202406 71.077 314.175 74.705
202409 73.183 315.301 76.644
202412 80.826 315.605 84.567
202503 76.049 319.799 78.525
202506 73.549 322.561 75.294
202509 71.555 324.800 72.748
202512 72.998 324.054 74.385
202603 69.871 330.213 69.871

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 R$0.00 mean?
COPT Defense Properties (BSP:C1DP34) has a Cyclically Adjusted Book per Share of R$0.00 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 COPT Defense Properties and its competitors.
Is COPT Defense Properties' Cyclically Adjusted Book per Share too high?
COPT Defense Properties' current Cyclically Adjusted Book per Share is R$0.00. Overall, COPT Defense Properties has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COPT Defense Properties' Cyclically Adjusted Book per Share compare to KRC and SLG?
COPT Defense Properties' Cyclically Adjusted Book per Share of R$0.00 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 COPT Defense Properties and its competitors. COPT Defense Properties's current Cyclically Adjusted Book per Share is R$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COPT Defense Properties stock overvalued right now?
Based on GuruFocus' analysis, COPT Defense Properties (BSP:C1DP34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$36.10, compared to a current price of R$46.85 — trading 29.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$0.00. COPT Defense Properties' overall GF Score™ is 43/100 with 11 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 COPT Defense Properties (BSP:C1DP34), the current Cyclically Adjusted Book per Share is R$0.00 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 COPT Defense Properties (BSP:C1DP34) Overvalued in 2026?

Based on GuruFocus' analysis, COPT Defense Properties stock appears to be overvalued. The current stock price of R$46.85 is trading 29.8% above its estimated GF Value™ of R$36.10. GuruFocus considers COPT Defense Properties to be Modestly Overvalued.

Key valuation signals for BSP:C1DP34:

  • Cyclically Adjusted Book per Share: R$0.00
  • GF Value™: R$36.10 vs. price of R$46.85 (29.8% above fair value)
  • GF Score™: 43/100 with 11 warning signs

No single metric tells the full story. See the BSP:C1DP34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


COPT Defense Properties Business Description

Industry Real EstateREITs
Other Exchanges CDP:USAWX7:Germany
Address 6711 Columbia Gateway Drive, Suite 300, Columbia, MD, USA, 21046
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. The company has two reportable segments: Defense/IT Portfolio; and Other. Defense/IT Portfolio includes sub-segments such as: Fort George G. Meade and the Baltimore/Washington Corridor (Fort Meade/BW Corridor); Redstone Arsenal in Huntsville, Alabama; Northern Virginia Defense/IT Locations (NoVA Defense/IT); Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy (Navy Support); and data center shells in Northern Virginia.
43GF Score

Get the complete analysis for BSP:C1DP34

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

R$46.85
Price
R$36.10
GF Value