Brixmor Property Group (FRA:BXR) Cyclically Adjusted Book per Share: €9.93 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:BXR Brixmor Property Group Inc FRA:BXR
77 GF Score
Price €27.20
GF Value €24.00
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Brixmor Property Group Cyclically Adjusted Book per Share?

Brixmor Property Group FRA:BXR +0.74% 77 Cyclically Adjusted Book per Share is €9.93 as of Jun. 2026. GuruFocus rates FRA:BXR with a GF Score™ of 77/100 and a GF Value™ of €24.00 (Modestly Overvalued). 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.

Brixmor Property Group's adjusted book value per share for the three months ended in Jun. 2026 was €8.547. 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 €9.93 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Brixmor Property Group's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% 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 Brixmor Property Group was 2.40% per year. The lowest was 0.50% per year. And the median was 1.45% per year.

As of today (2026-08-02), Brixmor Property Group's current stock price is €27.20. Brixmor Property Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €9.93. Brixmor Property Group's Cyclically Adjusted PB Ratio of today is 2.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brixmor Property Group was 2.88. The lowest was 1.68. And the median was 2.25.


Brixmor Property Group  (FRA:BXR) 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.

Brixmor Property Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.20/9.93
=2.74

* 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 Brixmor Property Group was 2.88. The lowest was 1.68. And the median was 2.25.


Be Aware

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


Brixmor Property Group Cyclically Adjusted Book per Share Related Terms


Brixmor Property Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Brixmor Property Group'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.

Brixmor Property Group Cyclically Adjusted Book per Share Chart

Brixmor Property Group 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 8.97 10.18 10.25 10.55 9.29

Brixmor Property Group 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 9.44 9.37 9.29 9.65 9.93

FRA:BXR vs ADC, NNN, FRT: Cyclically Adjusted Book per Share Comparison

For the REIT - Retail subindustry, Brixmor Property Group'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.


Brixmor Property Group Cyclically Adjusted PB Ratio vs REITs Industry

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

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


FRA:BXR
77GF Score
Brixmor Property Group Inc FRA:BXR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brixmor Property Group 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, Brixmor Property Group'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)
=8.547/333.9520*333.9520
=8.547

Current CPI (Jun. 2026) = 333.9520.

Brixmor Property Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.444 241.428 11.680
201612 9.105 241.432 12.594
201703 8.958 243.801 12.270
201706 8.510 244.955 11.602
201709 8.038 246.819 10.876
201712 8.068 246.524 10.929
201803 7.664 249.554 10.256
201806 8.081 251.989 10.709
201809 8.214 252.439 10.866
201812 8.352 251.233 11.102
201903 8.294 254.202 10.896
201906 8.213 256.143 10.708
201909 8.412 256.759 10.941
201912 8.291 256.974 10.775
202003 8.149 258.115 10.543
202006 8.026 257.797 10.397
202009 7.771 260.280 9.971
202012 7.432 260.474 9.529
202103 7.556 264.877 9.526
202106 7.533 271.696 9.259
202109 7.706 274.310 9.381
202112 8.094 278.802 9.695
202203 8.409 287.504 9.768
202206 8.849 296.311 9.973
202209 9.524 296.808 10.716
202212 9.018 296.797 10.147
202303 8.973 301.836 9.928
202306 8.832 305.109 9.667
202309 8.941 307.789 9.701
202312 8.695 306.746 9.466
202403 8.730 312.332 9.334
202406 8.802 314.175 9.356
202409 8.592 315.301 9.100
202412 9.327 315.605 9.869
202503 8.927 319.799 9.322
202506 8.364 322.561 8.659
202509 8.246 324.800 8.478
202512 8.397 324.054 8.653
202603 8.561 330.213 8.658
202606 8.547 333.952 8.547

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 €9.93 mean?
Brixmor Property Group (FRA:BXR) has a Cyclically Adjusted Book per Share of €9.93 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 Brixmor Property Group and its competitors.
Is Brixmor Property Group's Cyclically Adjusted Book per Share too high?
Brixmor Property Group's current Cyclically Adjusted Book per Share is €9.93. Overall, Brixmor Property Group has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brixmor Property Group's Cyclically Adjusted Book per Share compare to ADC and NNN?
Brixmor Property Group's Cyclically Adjusted Book per Share of €9.93 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 Brixmor Property Group and its competitors. Brixmor Property Group's current Cyclically Adjusted Book per Share is €9.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brixmor Property Group stock overvalued right now?
Based on GuruFocus' analysis, Brixmor Property Group (FRA:BXR) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.00, compared to a current price of €27.20 — trading 13.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €9.93. Brixmor Property Group's overall GF Score™ is 77/100 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 Brixmor Property Group (FRA:BXR), the current Cyclically Adjusted Book per Share is €9.93 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 Brixmor Property Group (FRA:BXR) Overvalued in 2026?

Based on GuruFocus' analysis, Brixmor Property Group stock appears to be overvalued. The current stock price of €27.20 is trading 13.3% above its estimated GF Value™ of €24.00. GuruFocus considers Brixmor Property Group to be Modestly Overvalued.

Key valuation signals for FRA:BXR:

  • Cyclically Adjusted Book per Share: €9.93
  • GF Value™: €24.00 vs. price of €27.20 (13.3% above fair value)
  • GF Score™: 77/100 with 8 warning signs

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


Brixmor Property Group Business Description

Industry Real EstateREITs
Other Exchanges BRX:USA
Address 100 Park Avenue, Suite 600N, New York, NY, USA, 10017
Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.
77GF Score

Get the complete analysis for FRA:BXR

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

€27.20
Price
€24.00
GF Value