KWIPF (Kiwi Property Group) Cyclically Adjusted Book per Share: $0.87 (As of Mar. 2026)


KWIPF Kiwi Property Group Ltd KWIPF
41 GF Score
Price $0.54
GF Value $0.50
Valuation Fairly Valued
! 10 Warning Signs
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What is Kiwi Property Group Cyclically Adjusted Book per Share?

Kiwi Property Group KWIPF 41 Cyclically Adjusted Book per Share is $0.87 as of Mar. 2026. GuruFocus rates KWIPF with a GF Score™ of 41/100 and a GF Value™ of $0.50 (Fairly Valued). The stock has 10 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.

Kiwi Property Group's adjusted book value per share data for the fiscal year that ended in Mar. 2026 was $0.653. 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 $0.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kiwi Property Group's average Cyclically Adjusted Book Growth Rate was -1.30% 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.

As of today (2026-06-29), Kiwi Property Group's current stock price is $ 0.54. Kiwi Property Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2026 was $0.87. Kiwi Property Group's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Kiwi Property Group was 0.72. The lowest was 0.51. And the median was 0.60.


Kiwi Property Group  (OTCPK:KWIPF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.54/0.87
=0.62

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Kiwi Property Group was 0.72. The lowest was 0.51. And the median was 0.60.


Be Aware

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


Kiwi Property Group Cyclically Adjusted Book per Share Related Terms


Kiwi Property Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kiwi 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.

Kiwi Property Group Cyclically Adjusted Book per Share Chart

Kiwi Property Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.94 0.97 0.87

Kiwi Property Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.94 0.00 0.97 0.00 0.87

KWIPF vs VICI, WPC, BNL: Cyclically Adjusted Book per Share Comparison

For the REIT - Diversified subindustry, Kiwi 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.


Kiwi Property Group Cyclically Adjusted PB Ratio vs REITs Industry

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

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


KWIPF
41GF Score
Kiwi Property Group Ltd KWIPF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kiwi 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, Kiwi Property Group's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2026 was:

Adj_Book=Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.653/136.8867*136.8867
=0.653

Current CPI (Mar. 2026) = 136.8867.

Kiwi Property Group Annual Data

Book Value per Share CPI Adj_Book
201703 0.970 102.231 1.299
201803 1.019 103.355 1.350
201903 0.978 104.889 1.276
202003 0.761 107.547 0.969
202103 0.971 109.182 1.217
202203 0.994 116.747 1.165
202303 0.764 124.517 0.840
202403 0.711 129.526 0.751
202503 0.655 132.798 0.675
202603 0.653 136.887 0.653

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 $0.87 mean?
Kiwi Property Group (KWIPF) has a Cyclically Adjusted Book per Share of $0.87 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 Kiwi Property Group and its competitors.
Is Kiwi Property Group's Cyclically Adjusted Book per Share too high?
Kiwi Property Group's current Cyclically Adjusted Book per Share is $0.87. Overall, Kiwi Property Group has a GF Score™ of 41/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's Cyclically Adjusted Book per Share compare to VICI and WPC?
Kiwi Property Group's Cyclically Adjusted Book per Share of $0.87 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 Kiwi Property Group and its competitors. Kiwi Property Group's current Cyclically Adjusted Book per Share is $0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Fairly Valued. The stock's GF Value™ is $0.50, compared to a current price of $0.54 — trading 8% above its estimated fair value. The current Cyclically Adjusted Book per Share is $0.87. Kiwi Property Group's overall GF Score™ is 41/100 with 10 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 Kiwi Property Group (KWIPF), the current Cyclically Adjusted Book per Share is $0.87 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 Kiwi Property Group (KWIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued. The current stock price of $0.54 is trading 8% above its estimated GF Value™ of $0.50. GuruFocus considers Kiwi Property Group to be Fairly Valued.

Key valuation signals for KWIPF:

  • Cyclically Adjusted Book per Share: $0.87
  • GF Value™: $0.50 vs. price of $0.54 (8% above fair value)
  • GF Score™: 41/100 with 10 warning signs

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


Kiwi Property Group Business Description

Industry Real EstateREITs
Other Exchanges KPG:New Zealand
Address 48 Shortland Street, P.O. Box 2071, Level 7, Vero Centre, Auckland, NTL, NZL, 1140
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
41GF Score

Get the complete analysis for KWIPF

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

$0.54
Price
$0.50
GF Value