COLD (Americold Realty Trust) Cyclically Adjusted Book per Share: $11.06 (As of Mar. 2026)


COLD Americold Realty Trust Inc COLD
63 GF Score
Price $15.97
GF Value $21.82
Valuation Modestly Undervalued
! 12 Warning Signs
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What is Americold Realty Trust Cyclically Adjusted Book per Share?

Americold Realty Trust COLD +6.97% 63 Cyclically Adjusted Book per Share is $11.06 as of Mar. 2026. GuruFocus rates COLD with a GF Score™ of 63/100 and a GF Value™ of $21.82 (Modestly Undervalued). The stock has 12 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.

Americold Realty Trust's adjusted book value per share for the three months ended in Mar. 2026 was $9.884. 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 $11.06 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-06-27), Americold Realty Trust's current stock price is $15.97. Americold Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $11.06. Americold Realty Trust's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Americold Realty Trust was 1.64. The lowest was 0.98. And the median was 1.24.


Americold Realty Trust  (NYSE:COLD) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.97/11.06
=1.44

* 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 Americold Realty Trust was 1.64. The lowest was 0.98. And the median was 1.24.


Be Aware

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


Americold Realty Trust Cyclically Adjusted Book per Share Related Terms


Americold Realty Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Americold 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.

Americold Realty Trust Cyclically Adjusted Book per Share Chart

Americold 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 0.00 0.00 0.00 0.00 10.71

Americold 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 0.00 10.31 10.59 10.71 11.06

COLD vs NSA, LXP, TRNO: Cyclically Adjusted Book per Share Comparison

For the REIT - Industrial subindustry, Americold 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.


Americold Realty Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


COLD
63GF Score
Americold Realty Trust Inc COLD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Americold 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, Americold 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)
=9.884/330.2130*330.2130
=9.884

Current CPI (Mar. 2026) = 330.2130.

Americold Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
200912 2.770 215.949 4.236
201512 -1.577 236.525 -2.202
201612 -2.133 241.432 -2.917
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 -1.408 246.819 -1.884
201712 -1.405 246.524 -1.882
201803 4.505 249.554 5.961
201806 4.481 251.989 5.872
201809 4.944 252.439 6.467
201812 4.768 251.233 6.267
201903 4.563 254.202 5.927
201906 9.683 256.143 12.483
201909 9.588 256.759 12.331
201912 9.557 256.974 12.281
202003 10.090 258.115 12.908
202006 10.466 257.797 13.406
202009 10.354 260.280 13.136
202012 15.059 260.474 19.091
202103 14.671 264.877 18.290
202106 14.794 271.696 17.980
202109 15.028 274.310 18.091
202112 14.988 278.802 17.752
202203 14.744 287.504 16.934
202206 14.438 296.311 16.090
202209 14.141 296.808 15.733
202212 13.985 296.797 15.560
202303 13.719 301.836 15.009
202306 13.232 305.109 14.321
202309 13.861 307.789 14.871
202312 12.746 306.746 13.721
202403 12.609 312.332 13.331
202406 12.137 314.175 12.757
202409 11.855 315.301 12.416
202412 11.541 315.605 12.075
202503 11.206 319.799 11.571
202506 10.935 322.561 11.194
202509 10.648 324.800 10.825
202512 10.125 324.054 10.317
202603 9.884 330.213 9.884

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 $11.06 mean?
Americold Realty Trust (COLD) has a Cyclically Adjusted Book per Share of $11.06 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 Americold Realty Trust and its competitors.
Is Americold Realty Trust's Cyclically Adjusted Book per Share too high?
Americold Realty Trust's current Cyclically Adjusted Book per Share is $11.06. Overall, Americold Realty Trust has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Americold Realty Trust's Cyclically Adjusted Book per Share compare to NSA and LXP?
Americold Realty Trust's Cyclically Adjusted Book per Share of $11.06 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 Americold Realty Trust and its competitors. Americold Realty Trust's current Cyclically Adjusted Book per Share is $11.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Americold Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Americold Realty Trust (COLD) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.82, compared to a current price of $15.97 — trading 26.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is $11.06. Americold Realty Trust's overall GF Score™ is 63/100 with 12 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 Americold Realty Trust (COLD), the current Cyclically Adjusted Book per Share is $11.06 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 Americold Realty Trust (COLD) Overvalued in 2026?

Based on GuruFocus' analysis, Americold Realty Trust stock appears to be undervalued. The current stock price of $15.97 is trading 26.8% below its estimated GF Value™ of $21.82. GuruFocus considers Americold Realty Trust to be Modestly Undervalued.

Key valuation signals for COLD:

  • Cyclically Adjusted Book per Share: $11.06
  • GF Value™: $21.82 vs. price of $15.97 (26.8% below fair value)
  • GF Score™: 63/100 with 12 warning signs

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


Americold Realty Trust Business Description

Industry Real EstateREITs
Address 10 Glenlake Parkway, South Tower, Suite 600, Atlanta, GA, USA, 30328
Americold Realty Trust Inc is the world's second-largest owner and operator of temperature-controlled warehouses behind privately held Lineage Logistics. The Atlanta, Georgia-based firm owns and operates approximately 231 temperature-controlled warehouses, spanning 1.4 billion cubic feet. In 2022, the firm derived more than 80% of its revenue from the United States but also has sizable operations in Europe, Canada, Australia, and New Zealand. Americold supplements its core business by providing supply management and transportation services to its various customers. It operates as a real estate investment trust.
63GF Score

Get the complete analysis for COLD

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

$15.97
Price
$21.82
GF Value