Regency Centers (FRA:RRC) Cyclically Adjusted Book per Share: €36.22 (As of Mar. 2026)


FRA:RRC Regency Centers Corp FRA:RRC
81 GF Score
Price €69.50
GF Value €67.22
Valuation Fairly Valued
! 8 Warning Signs
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What is Regency Centers Cyclically Adjusted Book per Share?

Regency Centers FRA:RRC 81 Cyclically Adjusted Book per Share is €36.22 as of Mar. 2026. GuruFocus rates FRA:RRC with a GF Score™ of 81/100 and a GF Value™ of €67.22 (Fairly Valued). 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.

Regency Centers's adjusted book value per share for the three months ended in Mar. 2026 was €31.502. 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 €36.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Regency Centers's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Regency Centers was 10.50% per year. The lowest was -3.60% per year. And the median was 2.20% per year.

As of today (2026-07-02), Regency Centers's current stock price is €69.50. Regency Centers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €36.22. Regency Centers's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Regency Centers was 4.21. The lowest was 1.24. And the median was 1.99.


Regency Centers  (FRA:RRC) 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.

Regency Centers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=69.50/36.22
=1.92

* 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 Regency Centers was 4.21. The lowest was 1.24. And the median was 1.99.


Be Aware

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


Regency Centers Cyclically Adjusted Book per Share Related Terms


Regency Centers Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Regency Centers'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.

Regency Centers Cyclically Adjusted Book per Share Chart

Regency Centers 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 26.44 31.72 33.26 36.97 35.39

Regency Centers 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 36.79 34.18 35.04 35.39 36.22

FRA:RRC vs KIM, FRT, BRX: Cyclically Adjusted Book per Share Comparison

For the REIT - Retail subindustry, Regency Centers'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.


Regency Centers Cyclically Adjusted PB Ratio vs REITs Industry

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

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


FRA:RRC
81GF Score
Regency Centers Corp FRA:RRC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Regency Centers 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, Regency Centers'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)
=31.502/330.2130*330.2130
=31.502

Current CPI (Mar. 2026) = 330.2130.

Regency Centers Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.533 241.018 22.651
201609 19.182 241.428 26.236
201612 20.629 241.432 28.215
201703 36.669 243.801 49.666
201706 34.696 244.955 46.772
201709 32.599 246.819 43.613
201712 33.069 246.524 44.295
201803 31.494 249.554 41.673
201806 33.055 251.989 43.316
201809 33.012 252.439 43.183
201812 33.572 251.233 44.126
201903 33.634 254.202 43.691
201906 33.366 256.143 43.015
201909 34.025 256.759 43.759
201912 33.459 256.974 42.995
202003 33.165 258.115 42.429
202006 32.130 257.797 41.155
202009 30.304 260.280 38.446
202012 29.072 260.474 36.856
202103 29.608 264.877 36.911
202106 29.253 271.696 35.553
202109 30.223 274.310 36.382
202112 31.285 278.802 37.054
202203 32.491 287.504 37.318
202206 33.941 296.311 37.824
202209 36.195 296.808 40.269
202212 33.725 296.797 37.522
202303 33.187 301.836 36.307
202306 32.688 305.109 35.378
202309 34.786 307.789 37.320
202312 33.903 306.746 36.497
202403 33.914 312.332 35.856
202406 33.633 314.175 35.350
202409 32.477 315.301 34.013
202412 34.313 315.605 35.901
202503 32.992 319.799 34.066
202506 30.899 322.561 31.632
202509 30.809 324.800 31.322
202512 31.199 324.054 31.792
202603 31.502 330.213 31.502

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 €36.22 mean?
Regency Centers (FRA:RRC) has a Cyclically Adjusted Book per Share of €36.22 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 Regency Centers and its competitors.
Is Regency Centers' Cyclically Adjusted Book per Share too high?
Regency Centers' current Cyclically Adjusted Book per Share is €36.22. Overall, Regency Centers has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Regency Centers' Cyclically Adjusted Book per Share compare to KIM and FRT?
Regency Centers' Cyclically Adjusted Book per Share of €36.22 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 Regency Centers and its competitors. Regency Centers's current Cyclically Adjusted Book per Share is €36.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regency Centers stock overvalued right now?
Based on GuruFocus' analysis, Regency Centers (FRA:RRC) is currently considered Fairly Valued. The stock's GF Value™ is €67.22, compared to a current price of €69.50 — trading 3.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is €36.22. Regency Centers' overall GF Score™ is 81/100 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 Regency Centers (FRA:RRC), the current Cyclically Adjusted Book per Share is €36.22 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 Regency Centers (FRA:RRC) Overvalued in 2026?

Based on GuruFocus' analysis, Regency Centers stock appears to be overvalued. The current stock price of €69.50 is trading 3.4% above its estimated GF Value™ of €67.22. GuruFocus considers Regency Centers to be Fairly Valued.

Key valuation signals for FRA:RRC:

  • Cyclically Adjusted Book per Share: €36.22
  • GF Value™: €67.22 vs. price of €69.50 (3.4% above fair value)
  • GF Score™: 81/100 with 8 warning signs

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


Regency Centers Business Description

Industry Real EstateREITs
Address One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202
Regency Centers is one of the largest shopping center-focused retail REITs. The company's portfolio includes an interest in 481 properties, which includes over 58 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 12% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.
81GF Score

Get the complete analysis for FRA:RRC

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

€69.50
Price
€67.22
GF Value