KRG (Kite Realty Group Trust) Cyclically Adjusted Book per Share: $19.86 (As of Jun. 2026)

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KRG Kite Realty Group Trust KRG
67 GF Score
Price $26.15
GF Value $22.77
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Kite Realty Group Trust Cyclically Adjusted Book per Share?

Kite Realty Group Trust KRG -0.46% 67 Cyclically Adjusted Book per Share is $19.86 as of Jun. 2026. GuruFocus rates KRG with a GF Score™ of 67/100 and a GF Value™ of $22.77 (Modestly Overvalued). The stock has 7 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.

Kite Realty Group Trust's adjusted book value per share for the three months ended in Jun. 2026 was $14.321. 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 $19.86 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Kite Realty Group Trust's average Cyclically Adjusted Book Growth Rate was -3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.60% 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 Kite Realty Group Trust was 1.20% per year. The lowest was -6.30% per year. And the median was -2.50% per year.

As of today (2026-08-21), Kite Realty Group Trust's current stock price is $26.15. Kite Realty Group Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $19.86. Kite Realty Group Trust's Cyclically Adjusted PB Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kite Realty Group Trust was 1.49. The lowest was 0.34. And the median was 0.95.


Kite Realty Group Trust  (NYSE:KRG) 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.

Kite Realty Group Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.15/19.86
=1.32

* 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 Kite Realty Group Trust was 1.49. The lowest was 0.34. And the median was 0.95.


Be Aware

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


Kite Realty Group Trust Cyclically Adjusted Book per Share Related Terms


Kite Realty Group Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kite Realty Group 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.

Kite Realty Group Trust Cyclically Adjusted Book per Share Chart

Kite Realty Group 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 20.92 21.46 21.33 20.76 19.94

Kite Realty Group Trust 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 20.53 20.33 19.94 19.96 19.86

KRG vs PECO, EPRT, SKT: Cyclically Adjusted Book per Share Comparison

For the REIT - Retail subindustry, Kite Realty Group 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.


Kite Realty Group Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Kite Realty Group Trust's Cyclically Adjusted PB Ratio falls into.


KRG
67GF Score
Kite Realty Group Trust KRG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Kite Realty Group 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, Kite Realty Group 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)
=14.321/333.9520*333.9520
=14.321

Current CPI (Jun. 2026) = 333.9520.

Kite Realty Group Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.683 241.428 27.226
201612 19.673 241.432 27.212
201703 19.378 243.801 26.543
201706 19.256 244.955 26.252
201709 18.960 246.819 25.653
201712 18.724 246.524 25.364
201803 18.225 249.554 24.389
201806 17.920 251.989 23.749
201809 17.656 252.439 23.357
201812 16.858 251.233 22.409
201903 16.528 254.202 21.713
201906 16.111 256.143 21.005
201909 15.509 256.759 20.172
201912 15.352 256.974 19.951
202003 14.894 258.115 19.270
202006 14.825 257.797 19.204
202009 14.752 260.280 18.928
202012 14.618 260.474 18.742
202103 14.581 264.877 18.383
202106 14.353 271.696 17.642
202109 14.175 274.310 17.257
202112 17.913 278.802 21.456
202203 17.798 287.504 20.673
202206 17.760 296.311 20.016
202209 17.676 296.808 19.888
202212 17.184 296.797 19.335
202303 16.897 301.836 18.695
202306 16.833 305.109 18.424
202309 16.570 307.789 17.979
202312 16.260 306.746 17.702
202403 16.078 312.332 17.191
202406 15.577 314.175 16.558
202409 15.248 315.301 16.150
202412 15.078 315.605 15.955
202503 14.867 319.799 15.525
202506 15.090 322.561 15.623
202509 14.640 324.800 15.053
202512 14.708 324.054 15.157
202603 14.072 330.213 14.231
202606 14.321 333.952 14.321

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 $19.86 mean?
Kite Realty Group Trust (KRG) has a Cyclically Adjusted Book per Share of $19.86 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 Kite Realty Group Trust and its competitors.
Is Kite Realty Group Trust's Cyclically Adjusted Book per Share too high?
Kite Realty Group Trust's current Cyclically Adjusted Book per Share is $19.86. Overall, Kite Realty Group Trust has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kite Realty Group Trust's Cyclically Adjusted Book per Share compare to PECO and EPRT?
Kite Realty Group Trust's Cyclically Adjusted Book per Share of $19.86 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 Kite Realty Group Trust and its competitors. Kite Realty Group Trust's current Cyclically Adjusted Book per Share is $19.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kite Realty Group Trust stock overvalued right now?
Based on GuruFocus' analysis, Kite Realty Group Trust (KRG) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.77, compared to a current price of $26.15 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is $19.86. Kite Realty Group Trust's overall GF Score™ is 67/100 with 7 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 Kite Realty Group Trust (KRG), the current Cyclically Adjusted Book per Share is $19.86 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 Kite Realty Group Trust (KRG) Overvalued in 2026?

Based on GuruFocus' analysis, Kite Realty Group Trust stock appears to be overvalued. The current stock price of $26.15 is trading 14.8% above its estimated GF Value™ of $22.77. GuruFocus considers Kite Realty Group Trust to be Modestly Overvalued.

Key valuation signals for KRG:

  • Cyclically Adjusted Book per Share: $19.86
  • GF Value™: $22.77 vs. price of $26.15 (14.8% above fair value)
  • GF Score™: 67/100 with 7 warning signs

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


Kite Realty Group Trust Business Description

Industry Real EstateREITs
Other Exchanges FGC1:Germany
Address 30 South Meridian Street, Suite 1100, Indianapolis, IN, USA, 46204
Kite Realty Group Trust specializing in high-quality, open-air shopping centers and mixed-use assets. Concentrated in the Sun Belt and strategic gateway markets, the company focuses on grocery-anchored, necessity-based retail. The company generates the majority of its revenue from contractual rents and reimbursement payments received from tenants.
67GF Score

Get the complete analysis for KRG

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

$26.15
Price
$22.77
GF Value