Montea NV (CHIX:MONTB) Cyclically Adjusted Book per Share: €60.02 (As of Mar. 2026)

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CHIX:MONTB Montea NV CHIX:MONTB
83 GF Score
Price €70.60
GF Value €72.72
Valuation Fairly Valued
! 6 Warning Signs
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What is Montea NV Cyclically Adjusted Book per Share?

Montea NV CHIX:MONTB 83 Cyclically Adjusted Book per Share is €60.02 as of Mar. 2026. GuruFocus rates CHIX:MONTB with a GF Score™ of 83/100 and a GF Value™ of €72.72 (Fairly Valued). 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.

Montea NV's adjusted book value per share for the three months ended in Mar. 2026 was €82.734. 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 €60.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Montea NV's average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -37.20% 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 Montea NV was 13.30% per year. The lowest was -54.70% per year. And the median was -51.40% per year.

As of today (2026-07-20), Montea NV's current stock price is €70.60. Montea NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €60.02. Montea NV's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Montea NV was 2.71. The lowest was 0.12. And the median was 1.13.


Montea NV  (CHIX:MONTb) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=70.60/60.02
=1.18

* 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 Montea NV was 2.71. The lowest was 0.12. And the median was 1.13.


Be Aware

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


Montea NV Cyclically Adjusted Book per Share Related Terms


Montea NV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Montea 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.

Montea NV Cyclically Adjusted Book per Share Chart

Montea 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 403.80 39.87 40.85 65.22 56.56

Montea 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 52.61 54.57 58.42 56.56 60.02

CHIX:MONTB vs PLD, PSA, EXR: Cyclically Adjusted Book per Share Comparison

For the REIT - Industrial subindustry, Montea 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.


Montea NV Cyclically Adjusted PB Ratio vs REITs Industry

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

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


CHIX:MONTB
83GF Score
Montea NV CHIX:MONTB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Montea 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, Montea 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)
=82.734/136.5600*136.5600
=82.734

Current CPI (Mar. 2026) = 136.5600.

Montea NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.322 102.267 28.472
201609 21.889 102.118 29.272
201612 23.799 102.614 31.672
201703 24.517 103.972 32.201
201706 23.354 103.902 30.694
201709 26.830 104.170 35.172
201712 27.409 104.804 35.714
201803 28.347 105.419 36.721
201806 28.619 106.063 36.848
201809 33.124 106.618 42.426
201812 32.340 107.252 41.177
201903 39.029 107.876 49.407
201906 38.904 107.896 49.239
201909 40.151 107.470 51.019
201912 42.686 108.065 53.942
202003 43.057 108.550 54.167
202006 43.740 108.540 55.031
202009 46.590 108.441 58.671
202012 50.356 108.511 63.373
202103 55.223 109.522 68.856
202106 55.936 110.305 69.250
202109 58.729 111.543 71.901
202112 62.002 114.705 73.816
202203 66.286 118.620 76.311
202206 70.778 120.948 79.914
202209 73.071 124.120 80.395
202212 71.578 126.578 77.223
202303 70.385 126.528 75.966
202306 71.109 125.973 77.085
202309 73.521 127.083 79.004
202312 74.965 128.292 79.796
202403 76.703 130.552 80.233
202406 76.076 130.691 79.493
202409 77.319 130.968 80.620
202412 78.424 132.346 80.921
202503 79.767 134.348 81.081
202506 77.652 133.495 79.435
202509 78.352 133.740 80.004
202512 81.319 135.070 82.216
202603 82.734 136.560 82.734

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 €60.02 mean?
Montea NV (CHIX:MONTB) has a Cyclically Adjusted Book per Share of €60.02 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 Montea NV and its competitors.
Is Montea NV's Cyclically Adjusted Book per Share too high?
Montea NV's current Cyclically Adjusted Book per Share is €60.02. Overall, Montea NV has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Montea NV's Cyclically Adjusted Book per Share compare to PLD and PSA?
Montea NV's Cyclically Adjusted Book per Share of €60.02 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 Montea NV and its competitors. Montea NV's current Cyclically Adjusted Book per Share is €60.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montea NV stock overvalued right now?
Based on GuruFocus' analysis, Montea NV (CHIX:MONTB) is currently considered Fairly Valued. The stock's GF Value™ is €72.72, compared to a current price of €70.60 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is €60.02. Montea NV's overall GF Score™ is 83/100 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 Montea NV (CHIX:MONTB), the current Cyclically Adjusted Book per Share is €60.02 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 Montea NV (CHIX:MONTB) Overvalued in 2026?

Based on GuruFocus' analysis, Montea NV stock appears to be undervalued. The current stock price of €70.60 is trading 2.9% below its estimated GF Value™ of €72.72. GuruFocus considers Montea NV to be Fairly Valued.

Key valuation signals for CHIX:MONTB:

  • Cyclically Adjusted Book per Share: €60.02
  • GF Value™: €72.72 vs. price of €70.60 (2.9% below fair value)
  • GF Score™: 83/100 with 6 warning signs

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


Montea NV Business Description

Industry Real EstateREITs
Address Industriezone III Zuid, Industrielaan 27 - Bus 6, Erembodegem, Aalst, BEL, 9320
Montea NV is a real estate investment trust under Belgian law. It is engaged in the development and management of logistics and semi-industrial real estate properties. Geographically, its portfolio is located in Belgium, the Netherlands, Germany, and France. The revenue is generated from gross rental income and proceeds resulting from the services and the management of the buildings.
83GF Score

Get the complete analysis for CHIX:MONTB

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

€70.60
Price
€72.72
GF Value