Comstock Holding Co (FRA:CHO1) Cyclically Adjusted Book per Share: €1.01 (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:CHO1 Comstock Holding Co Inc FRA:CHO1
75 GF Score
Price €17.40
GF Value €12.84
! 2 Warning Signs
View Full Analysis

What is Comstock Holding Co Cyclically Adjusted Book per Share?

Comstock Holding Co FRA:CHO1 +0.58% 75 Cyclically Adjusted Book per Share is €1.01 as of Jun. 2026. GuruFocus rates FRA:CHO1 with a GF Score™ of 75/100 and a GF Value™ of €12.84. The stock has 2 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.

Comstock Holding Co's adjusted book value per share for the three months ended in Jun. 2026 was €6.856. 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 €1.01 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Comstock Holding Co's average Cyclically Adjusted Book Growth Rate was 414.30% 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 Comstock Holding Co was 34.70% per year. The lowest was -75.70% per year. And the median was -42.40% per year.

As of today (2026-09-20), Comstock Holding Co's current stock price is €17.40. Comstock Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.01. Comstock Holding Co's Cyclically Adjusted PB Ratio of today is 17.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Comstock Holding Co was 282.50. The lowest was 0.16. And the median was 3.90.


Comstock Holding Co  (FRA:CHO1) 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.

Comstock Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.40/1.01
=17.23

* 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 Comstock Holding Co was 282.50. The lowest was 0.16. And the median was 3.90.


Be Aware

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


Comstock Holding Co Cyclically Adjusted Book per Share Related Terms


Comstock Holding Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Comstock Holding Co'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.

Comstock Holding Co Cyclically Adjusted Book per Share Chart

Comstock Holding Co 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 -0.34 -0.54 -0.45 -0.11 0.48

Comstock Holding Co 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 0.18 0.35 0.48 0.66 1.01

FRA:CHO1 vs NEN, ARL, DOUG: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Comstock Holding Co'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.


Comstock Holding Co Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


FRA:CHO1
75GF Score
Comstock Holding Co Inc FRA:CHO1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comstock Holding Co 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, Comstock Holding Co'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)
=6.856/333.9520*333.9520
=6.856

Current CPI (Jun. 2026) = 333.9520.

Comstock Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 -1.828 241.428 -2.529
201612 -3.086 241.432 -4.269
201703 -3.000 243.801 -4.109
201706 -2.691 244.955 -3.669
201709 -2.774 246.819 -3.753
201712 -3.561 246.524 -4.824
201803 -3.475 249.554 -4.650
201806 -2.876 251.989 -3.811
201809 -3.380 252.439 -4.471
201812 -3.912 251.233 -5.200
201903 -3.669 254.202 -4.820
201906 0.028 256.143 0.037
201909 0.052 256.759 0.068
201912 0.179 256.974 0.233
202003 0.201 258.115 0.260
202006 0.347 257.797 0.450
202009 0.395 260.280 0.507
202012 0.452 260.474 0.580
202103 0.481 264.877 0.606
202106 1.616 271.696 1.986
202109 1.972 274.310 2.401
202112 1.991 278.802 2.385
202203 2.184 287.504 2.537
202206 2.369 296.311 2.670
202209 2.916 296.808 3.281
202212 2.876 296.797 3.236
202303 2.872 301.836 3.178
202306 2.890 305.109 3.163
202309 3.413 307.789 3.703
202312 3.533 306.746 3.846
202403 3.552 312.332 3.798
202406 3.698 314.175 3.931
202409 3.803 315.301 4.028
202412 5.047 315.605 5.340
202503 4.935 319.799 5.153
202506 4.774 322.561 4.943
202509 4.752 324.800 4.886
202512 5.921 324.054 6.102
202603 6.055 330.213 6.124
202606 6.856 333.952 6.856

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 €1.01 mean?
Comstock Holding Co (FRA:CHO1) has a Cyclically Adjusted Book per Share of €1.01 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 Comstock Holding Co and its competitors.
Is Comstock Holding Co's Cyclically Adjusted Book per Share too high?
Comstock Holding Co's current Cyclically Adjusted Book per Share is €1.01. Overall, Comstock Holding Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Comstock Holding Co's Cyclically Adjusted Book per Share compare to NEN and ARL?
Comstock Holding Co's Cyclically Adjusted Book per Share of €1.01 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Comstock Holding Co and its competitors. Comstock Holding Co's current Cyclically Adjusted Book per Share is €1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comstock Holding Co stock overvalued right now?
Comstock Holding Co (FRA:CHO1) has a current Cyclically Adjusted Book per Share of €1.01. The stock's GF Value™ is €12.84, compared to a current price of €17.40 — trading 35.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is €1.01. Comstock Holding Co's overall GF Score™ is 75/100 with 2 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 Comstock Holding Co (FRA:CHO1), the current Cyclically Adjusted Book per Share is €1.01 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 Comstock Holding Co (FRA:CHO1) Overvalued in 2026?

Based on GuruFocus' analysis, Comstock Holding Co stock appears to be overvalued. The current stock price of €17.40 is trading 35.5% above its estimated GF Value™ of €12.84.

Key valuation signals for FRA:CHO1:

  • Cyclically Adjusted Book per Share: €1.01
  • GF Value™: €12.84 vs. price of €17.40 (35.5% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the FRA:CHO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comstock Holding Co Business Description

Other Exchanges CHCI:USA
Address 1900 Reston Metro Plaza, 10th Floor, Reston, VA, USA, 20190
Comstock Holding Co Inc is a developer and manager of mixed-use and transit-oriented properties with operations that are majorly focused on the Washington, D.C. metropolitan area. It provides a range of services such as asset management, property management, development and construction management, and other real estate-related services to its asset-owning clients, composed predominantly of institutional real estate investors, high net worth family offices, financial institutions, and governmental bodies seeking to enhance their surrounding communities by developing real estate through public-private partnerships.
75GF Score

Get the complete analysis for FRA:CHO1

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

€17.40
Price
€12.84
GF Value