CFMOF (Cofinimmo/NV) Cyclically Adjusted Book per Share: $129.49 (As of Mar. 2026)


CFMOF Cofinimmo SA/NV CFMOF
64 GF Score
Price $93.83
GF Value $64.80
! 8 Warning Signs
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What is Cofinimmo/NV Cyclically Adjusted Book per Share?

Cofinimmo/NV CFMOF +2.47% 64 Cyclically Adjusted Book per Share is $129.49 as of Mar. 2026. GuruFocus rates CFMOF with a GF Score™ of 64/100 and a GF Value™ of $64.80. The stock has 8 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.

Cofinimmo/NV's adjusted book value per share for the three months ended in Mar. 2026 was $108.208. 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 $129.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cofinimmo/NV's average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 Cofinimmo/NV was 4.60% per year. The lowest was -1.60% per year. And the median was 1.90% per year.

As of today (2026-07-01), Cofinimmo/NV's current stock price is $93.825. Cofinimmo/NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $129.49. Cofinimmo/NV's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cofinimmo/NV was 1.60. The lowest was 0.47. And the median was 1.04.


Cofinimmo/NV  (OTCPK:CFMOF) 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.

Cofinimmo/NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=93.825/129.49
=0.72

* 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 Cofinimmo/NV was 1.60. The lowest was 0.47. And the median was 1.04.


Be Aware

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


Cofinimmo/NV Cyclically Adjusted Book per Share Related Terms


Cofinimmo/NV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Cofinimmo/NV'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.

Cofinimmo/NV Cyclically Adjusted Book per Share Chart

Cofinimmo/NV 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 0.00 114.04 110.40 127.00 130.35

Cofinimmo/NV 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 116.83 90.89 94.69 130.35 129.49

CFMOF vs WELL, VTR, DOC: Cyclically Adjusted Book per Share Comparison

For the REIT - Healthcare Facilities subindustry, Cofinimmo/NV'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.


Cofinimmo/NV Cyclically Adjusted PB Ratio vs REITs Industry

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

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


CFMOF
64GF Score
Cofinimmo SA/NV CFMOF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cofinimmo/NV 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, Cofinimmo/NV'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)
=108.208/135.0710*135.0710
=108.208

Current CPI (Mar. 2026) = 135.0710.

Cofinimmo/NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 98.065 102.267 129.521
201609 100.076 102.118 132.370
201612 95.419 102.614 125.600
201703 98.838 103.972 128.402
201706 99.353 103.902 129.157
201709 103.866 104.170 134.677
201712 108.224 104.804 139.479
201803 112.879 105.419 144.630
201806 106.515 106.063 135.647
201809 109.025 106.618 138.121
201812 106.360 107.252 133.948
201903 106.702 107.876 133.601
201906 101.860 107.896 127.515
201909 101.684 107.470 127.799
201912 105.574 108.065 131.958
202003 107.065 108.550 133.223
202006 104.677 108.540 130.263
202009 111.123 108.441 138.411
202012 115.939 108.511 144.318
202103 116.813 109.522 144.063
202106 114.342 110.305 140.015
202109 116.673 111.543 141.283
202112 115.403 114.705 135.893
202203 118.249 118.620 134.649
202206 114.357 120.948 127.710
202209 109.851 124.120 119.543
202212 117.311 126.578 125.183
202303 119.146 126.528 127.190
202306 113.548 125.973 121.749
202309 111.680 127.083 118.700
202312 107.536 128.292 113.218
202403 107.713 130.552 111.442
202406 99.301 130.691 102.629
202409 102.388 130.968 105.596
202412 97.210 132.346 99.212
202503 102.181 134.348 102.731
202506 103.286 133.495 104.505
202509 106.875 133.743 107.936
202512 107.958 135.071 107.958
202603 108.208 135.071 108.208

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 $129.49 mean?
Cofinimmo/NV (CFMOF) has a Cyclically Adjusted Book per Share of $129.49 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 Cofinimmo/NV and its competitors.
Is Cofinimmo/NV's Cyclically Adjusted Book per Share too high?
Cofinimmo/NV's current Cyclically Adjusted Book per Share is $129.49. Overall, Cofinimmo/NV has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Cofinimmo/NV's Cyclically Adjusted Book per Share compare to WELL and VTR?
Cofinimmo/NV's Cyclically Adjusted Book per Share of $129.49 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 Cofinimmo/NV and its competitors. Cofinimmo/NV's current Cyclically Adjusted Book per Share is $129.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cofinimmo/NV stock overvalued right now?
Cofinimmo/NV (CFMOF) has a current Cyclically Adjusted Book per Share of $129.49. The stock's GF Value™ is $64.80, compared to a current price of $93.83 — trading 44.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is $129.49. Cofinimmo/NV's overall GF Score™ is 64/100 with 8 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 Cofinimmo/NV (CFMOF), the current Cyclically Adjusted Book per Share is $129.49 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 Cofinimmo/NV (CFMOF) Overvalued in 2026?

Based on GuruFocus' analysis, Cofinimmo/NV stock appears to be overvalued. The current stock price of $93.83 is trading 44.8% above its estimated GF Value™ of $64.80.

Key valuation signals for CFMOF:

  • Cyclically Adjusted Book per Share: $129.49
  • GF Value™: $64.80 vs. price of $93.83 (44.8% above fair value)
  • GF Score™: 64/100 with 8 warning signs

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


Cofinimmo/NV Business Description

Industry Real EstateREITs
Address Avenue de Tervueren/Tervurenlaan 270, Brussels, BEL, 1150
Cofinimmo SA/NV is a Belgian real estate investment trust engaged in acquiring, developing, and managing rental properties. Its permanent objective is to offer high-quality care, living, and working spaces to partner-tenants that directly benefit their occupants. The majority of Cofinimmo's portfolio is composed of healthcare real estate assets (including primary care to healthcare clinics and assisted-living facilities), with the rest being offices and distribution networks. Its portfolio is spread across Belgium, France, the Netherlands, Germany, Spain, Finland, Ireland, Italy, and the United Kingdom. The company's operating segments are: Healthcare real estate, which generates maximum revenue, Offices, and Property of distribution networks.
64GF Score

Get the complete analysis for CFMOF

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

$93.83
Price
$64.80
GF Value