Boardwalk Real Estate Investment Trust (FRA:YG8) Cyclically Adjusted Book per Share: € (As of Jun. 2026)

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FRA:YG8 Boardwalk Real Estate Investment Trust FRA:YG8
71 GF Score
Price €36.84
GF Value €45.57
! 5 Warning Signs
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What is Boardwalk Real Estate Investment Trust Cyclically Adjusted Book per Share?

Boardwalk Real Estate Investment Trust FRA:YG8 -1.11% 71 Cyclically Adjusted Book per Share is € as of Jun. 2026. GuruFocus rates FRA:YG8 with a GF Score™ of 71/100 and a GF Value™ of €45.57. The stock has 5 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Boardwalk Real Estate Investment Trust's adjusted book value per share for the three months ended in Jun. 2026 was €93.061. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Boardwalk Real Estate Investment Trust's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Boardwalk Real Estate Investment Trust was 58.20% per year. The lowest was -6.60% per year. And the median was 14.30% per year.

As of today (2026-09-21), Boardwalk Real Estate Investment Trust's current stock price is €36.84. Boardwalk Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was . Boardwalk Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boardwalk Real Estate Investment Trust was 1.41. The lowest was 0.33. And the median was 0.83.


Boardwalk Real Estate Investment Trust  (FRA:YG8) 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 Boardwalk Real Estate Investment Trust was 1.41. The lowest was 0.33. And the median was 0.83.


Be Aware

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


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


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

* Premium members only.

The historical data trend for Boardwalk 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.

Boardwalk Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

Boardwalk Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Boardwalk Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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FRA:YG8 vs VMRK, EQR, ESS: Cyclically Adjusted Book per Share Comparison

For the REIT - Residential subindustry, Boardwalk 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.


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

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

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


FRA:YG8
71GF Score
Boardwalk Real Estate Investment Trust FRA:YG8
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boardwalk 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, Boardwalk Real Estate Investment Trust'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)
=93.061/333.9520*333.9520
=93.061

Current CPI (Jun. 2026) = 333.9520.

Boardwalk Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 61.734 241.428 85.393
201612 59.547 241.432 82.366
201703 59.367 243.801 81.319
201706 60.101 244.955 81.937
201709 60.454 246.819 81.796
201712 58.599 246.524 79.381
201803 59.729 249.554 79.929
201806 60.618 251.989 80.335
201809 61.037 252.439 80.746
201812 61.468 251.233 81.706
201903 61.081 254.202 80.244
201906 62.260 256.143 81.173
201909 63.580 256.759 82.695
201912 61.215 256.974 79.552
202003 62.062 258.115 80.296
202006 61.142 257.797 79.204
202009 60.296 260.280 77.363
202012 56.374 260.474 72.277
202103 56.714 264.877 71.504
202106 57.469 271.696 70.637
202109 61.854 274.310 75.303
202112 64.277 278.802 76.992
202203 65.443 287.504 76.016
202206 68.310 296.311 76.988
202209 69.031 296.808 77.670
202212 69.067 296.797 77.713
202303 73.224 301.836 81.015
202306 77.582 305.109 84.916
202309 78.101 307.789 84.740
202312 80.205 306.746 87.319
202403 85.628 312.332 91.555
202406 88.252 314.175 93.807
202409 88.944 315.301 94.205
202412 89.969 315.605 95.199
202503 92.349 319.799 96.436
202506 93.620 322.561 96.926
202509 93.931 324.800 96.578
202512 92.879 324.054 95.716
202603 92.874 330.213 93.926
202606 93.061 333.952 93.061

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 € mean?
Boardwalk Real Estate Investment Trust (FRA:YG8) has a Cyclically Adjusted Book per Share of € 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 Boardwalk Real Estate Investment Trust and its competitors.
Is Boardwalk Real Estate Investment Trust's Cyclically Adjusted Book per Share too high?
Boardwalk Real Estate Investment Trust's current Cyclically Adjusted Book per Share is €. Overall, Boardwalk Real Estate Investment Trust has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Boardwalk Real Estate Investment Trust's Cyclically Adjusted Book per Share compare to VMRK and EQR?
Boardwalk Real Estate Investment Trust's Cyclically Adjusted Book per Share of € 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 Boardwalk Real Estate Investment Trust and its competitors. Boardwalk Real Estate Investment Trust's current Cyclically Adjusted Book per Share is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boardwalk Real Estate Investment Trust stock overvalued right now?
Boardwalk Real Estate Investment Trust (FRA:YG8) has a current Cyclically Adjusted Book per Share of €. The stock's GF Value™ is €45.57, compared to a current price of €36.84 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is €. Boardwalk Real Estate Investment Trust's overall GF Score™ is 71/100 with 5 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 Boardwalk Real Estate Investment Trust (FRA:YG8), the current Cyclically Adjusted Book per Share is € 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 Boardwalk Real Estate Investment Trust (FRA:YG8) Overvalued in 2026?

Based on GuruFocus' analysis, Boardwalk Real Estate Investment Trust stock appears to be undervalued. The current stock price of €36.84 is trading 19.2% below its estimated GF Value™ of €45.57.

Key valuation signals for FRA:YG8:

  • Cyclically Adjusted Book per Share:
  • GF Value™: €45.57 vs. price of €36.84 (19.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the FRA:YG8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boardwalk Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges BOWFF:USABEI.UN:Canada
Address 1501 - 1st Street S.W, Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust is a fully integrated, Resident Member/customer-oriented real estate investment trust focused on and specializing in the acquisition, refurbishment, management, ownership and development of affordable multi-family residential communities. It looks to acquire, develop, own and manage quality rental communities concentrated in attractive growth markets. Boardwalk owned over 200 properties containing 34,405 residential suites in British Columbia, Alberta, Saskatchewan, Ontario, and Quebec, representing over 29 million net rentable square feet.
71GF Score

Get the complete analysis for FRA:YG8

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

€36.84
Price
€45.57
GF Value