CTRRF (CT Real Estate Investment Trust) Cyclically Adjusted Book per Share: $5.66 (As of Mar. 2026)


CTRRF CT Real Estate Investment Trust CTRRF
72 GF Score
Price $12.85
GF Value $11.56
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is CT Real Estate Investment Trust Cyclically Adjusted Book per Share?

CT Real Estate Investment Trust CTRRF -3.78% 72 Cyclically Adjusted Book per Share is $5.66 as of Mar. 2026. GuruFocus rates CTRRF with a GF Score™ of 72/100 and a GF Value™ of $11.56 (Modestly Overvalued). The stock has 11 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.

CT Real Estate Investment Trust's adjusted book value per share for the three months ended in Mar. 2026 was $6.154. 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 $5.66 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CT Real Estate Investment Trust's average Cyclically Adjusted Book Growth Rate was 4.00% 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.

As of today (2026-06-29), CT Real Estate Investment Trust's current stock price is $12.846. CT Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.66. CT Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is 2.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CT Real Estate Investment Trust was 2.41. The lowest was 1.81. And the median was 2.10.


CT Real Estate Investment Trust  (OTCPK:CTRRF) 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.

CT Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.846/5.66
=2.27

* 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 CT Real Estate Investment Trust was 2.41. The lowest was 1.81. And the median was 2.10.


Be Aware

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


CT Real Estate Investment Trust Cyclically Adjusted Book per Share Related Terms


CT Real Estate Investment Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for CT Real Estate Investment 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.

CT Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

CT Real Estate Investment 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 5.01 5.05 5.50

CT Real Estate Investment 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 5.11 5.43 5.47 5.50 5.66

CTRRF vs SPG, O, KIM: Cyclically Adjusted Book per Share Comparison

For the REIT - Retail subindustry, CT Real Estate Investment 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.


CT Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where CT Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


CTRRF
72GF Score
CT Real Estate Investment Trust CTRRF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CT Real Estate Investment 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, CT Real Estate Investment 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)
=6.154/132.2623*132.2623
=6.154

Current CPI (Mar. 2026) = 132.2623.

CT Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.988 102.002 5.171
201609 3.984 101.765 5.178
201612 3.966 101.449 5.171
201703 3.978 102.634 5.126
201706 3.978 103.029 5.107
201709 4.356 103.345 5.575
201712 4.282 103.345 5.480
201803 4.282 105.004 5.394
201806 4.275 105.557 5.357
201809 4.346 105.636 5.441
201812 4.414 105.399 5.539
201903 4.486 106.979 5.546
201906 4.570 107.690 5.613
201909 4.805 107.611 5.906
201912 4.874 107.769 5.982
202003 4.603 107.927 5.641
202006 4.773 108.401 5.824
202009 4.916 108.164 6.011
202012 5.009 108.559 6.103
202103 5.148 110.298 6.173
202106 5.517 111.720 6.531
202109 5.365 112.905 6.285
202112 5.435 113.774 6.318
202203 5.566 117.646 6.258
202206 5.558 120.806 6.085
202209 5.382 120.648 5.900
202212 5.326 120.964 5.823
202303 5.323 122.702 5.738
202306 5.572 124.203 5.934
202309 5.406 125.230 5.710
202312 5.404 125.072 5.715
202403 5.445 126.258 5.704
202406 5.447 127.522 5.649
202409 5.573 127.285 5.791
202412 5.415 127.364 5.623
202503 5.450 129.181 5.580
202506 5.798 129.892 5.904
202509 5.819 130.287 5.907
202512 6.031 130.366 6.119
202603 6.154 132.262 6.154

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 $5.66 mean?
CT Real Estate Investment Trust (CTRRF) has a Cyclically Adjusted Book per Share of $5.66 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 CT Real Estate Investment Trust and its competitors.
Is CT Real Estate Investment Trust's Cyclically Adjusted Book per Share too high?
CT Real Estate Investment Trust's current Cyclically Adjusted Book per Share is $5.66. Overall, CT Real Estate Investment Trust has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CT Real Estate Investment Trust's Cyclically Adjusted Book per Share compare to SPG and O?
CT Real Estate Investment Trust's Cyclically Adjusted Book per Share of $5.66 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 CT Real Estate Investment Trust and its competitors. CT Real Estate Investment Trust's current Cyclically Adjusted Book per Share is $5.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CT Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, CT Real Estate Investment Trust (CTRRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.56, compared to a current price of $12.85 — trading 11.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is $5.66. CT Real Estate Investment Trust's overall GF Score™ is 72/100 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 CT Real Estate Investment Trust (CTRRF), the current Cyclically Adjusted Book per Share is $5.66 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 CT Real Estate Investment Trust (CTRRF) Overvalued in 2026?

Based on GuruFocus' analysis, CT Real Estate Investment Trust stock appears to be overvalued. The current stock price of $12.85 is trading 11.1% above its estimated GF Value™ of $11.56. GuruFocus considers CT Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for CTRRF:

  • Cyclically Adjusted Book per Share: $5.66
  • GF Value™: $11.56 vs. price of $12.85 (11.1% above fair value)
  • GF Score™: 72/100 with 11 warning signs

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


CT Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 5G4:GermanyCRT.UN:Canada
Address 2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.
72GF Score

Get the complete analysis for CTRRF

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

$12.85
Price
$11.56
GF Value