CSR (Centerspace) Cyclically Adjusted Book per Share: $0.00 (As of Jun. 2026)

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CSR Centerspace CSR
70 GF Score
Price $56.68
GF Value $57.93
Valuation Fairly Valued
! 6 Warning Signs
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What is Centerspace Cyclically Adjusted Book per Share?

Centerspace CSR +1.21% 70 Cyclically Adjusted Book per Share is $0.00 as of Jun. 2026. GuruFocus rates CSR with a GF Score™ of 70/100 and a GF Value™ of $57.93 (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.

Centerspace's adjusted book value per share for the three months ended in Jun. 2026 was $40.465. 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 $0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Centerspace's average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.80% 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 Centerspace was 2.30% per year. The lowest was -4.50% per year. And the median was -1.15% per year.

As of today (2026-08-08), Centerspace's current stock price is $56.68. Centerspace's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.00. Centerspace's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Centerspace was 2.36. The lowest was 0.96. And the median was 1.30.


Centerspace  (NYSE:CSR) 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 Centerspace was 2.36. The lowest was 0.96. And the median was 1.30.


Be Aware

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


Centerspace Cyclically Adjusted Book per Share Related Terms


Centerspace Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Centerspace'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.

Centerspace Cyclically Adjusted Book per Share Chart

Centerspace Annual Data
Trend Apr16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.97 48.66 48.53 48.39 48.35

Centerspace Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 48.64 48.73 48.35 48.90 0.00

CSR vs NXRT, UMH, AIV: Cyclically Adjusted Book per Share Comparison

For the REIT - Residential subindustry, Centerspace'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.


Centerspace Cyclically Adjusted PB Ratio vs REITs Industry

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

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


CSR
70GF Score
Centerspace CSR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Centerspace 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, Centerspace's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=40.465/333.9520*333.9520
=40.465

Current CPI (Jun. 2026) = 333.9520.

Centerspace Quarterly Data

Book Value per Share CPI Adj_Book
201607 36.241 240.628 50.297
201610 35.448 241.729 48.972
201701 35.747 242.839 49.159
201704 36.499 244.524 49.848
201707 35.168 244.786 47.978
201710 34.951 246.663 47.319
201801 45.472 247.867 61.265
201804 42.350 250.546 56.448
201807 41.796 252.006 55.387
201810 40.677 252.885 53.717
201903 38.119 254.202 50.078
201906 36.935 256.143 48.155
201909 38.548 256.759 50.137
201912 42.949 256.974 55.815
202003 40.130 258.115 51.921
202006 40.433 257.797 52.377
202009 41.508 260.280 53.257
202012 40.276 260.474 51.638
202103 39.656 264.877 49.998
202106 41.906 271.696 51.508
202109 44.230 274.310 53.847
202112 45.185 278.802 54.123
202203 45.907 287.504 53.324
202206 45.140 296.311 50.874
202209 44.398 296.808 49.954
202212 42.344 296.797 47.645
202303 44.287 301.836 48.999
202306 43.143 305.109 47.221
202309 42.517 307.789 46.131
202312 41.188 306.746 44.841
202403 39.875 312.332 42.635
202406 38.996 314.175 41.451
202409 40.588 315.301 42.989
202412 44.978 315.605 47.593
202503 38.052 319.799 39.736
202506 42.373 322.561 43.869
202509 44.821 324.800 46.084
202512 42.907 324.054 44.218
202603 41.360 330.213 41.828
202606 40.465 333.952 40.465

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 $0.00 mean?
Centerspace (CSR) has a Cyclically Adjusted Book per Share of $0.00 as of Jun. 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 Centerspace and its competitors.
Is Centerspace's Cyclically Adjusted Book per Share too high?
Centerspace's current Cyclically Adjusted Book per Share is $0.00. Overall, Centerspace has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Centerspace's Cyclically Adjusted Book per Share compare to NXRT and UMH?
Centerspace's Cyclically Adjusted Book per Share of $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 Centerspace and its competitors. Centerspace's current Cyclically Adjusted Book per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerspace stock overvalued right now?
Based on GuruFocus' analysis, Centerspace (CSR) is currently considered Fairly Valued. The stock's GF Value™ is $57.93, compared to a current price of $56.68 — trading 2.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is $0.00. Centerspace's overall GF Score™ is 70/100 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 Centerspace (CSR), the current Cyclically Adjusted Book per Share is $0.00 as of Jun. 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 Centerspace (CSR) Overvalued in 2026?

Based on GuruFocus' analysis, Centerspace stock appears to be undervalued. The current stock price of $56.68 is trading 2.2% below its estimated GF Value™ of $57.93. GuruFocus considers Centerspace to be Fairly Valued.

Key valuation signals for CSR:

  • Cyclically Adjusted Book per Share: $0.00
  • GF Value™: $57.93 vs. price of $56.68 (2.2% below fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Centerspace Business Description

Industry Real EstateREITs
Other Exchanges WXC1:Germany
Address 1324 20th Avenue SW, Minot, ND, USA, 58702-1988
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment which includes the ownership, management, development, redevelopment, and acquisition of apartment communities and conduct their corporate operations from offices in Minot, North Dakota and Minneapolis, Minnesota.
70GF Score

Get the complete analysis for CSR

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

$56.68
Price
$57.93
GF Value