Safestore Holdings (MEX:SAFEN) Cyclically Adjusted Book per Share: MXN224.91 (As of Apr. 2026)


MEX:SAFEN Safestore Holdings PLC MEX:SAFEN
79 GF Score
Price MXN221.20
GF Value MXN285.97
! 6 Warning Signs
View Full Analysis

What is Safestore Holdings Cyclically Adjusted Book per Share?

Safestore Holdings MEX:SAFEN 79 Cyclically Adjusted Book per Share is MXN224.91 as of Apr. 2026. GuruFocus rates MEX:SAFEN with a GF Score™ of 79/100 and a GF Value™ of MXN285.97. The stock has 6 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.

Safestore Holdings's adjusted book value per share data for the fiscal year that ended in Oct. 2025 was MXN259.424. 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 MXN224.91 for the trailing ten years ended in Oct. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.80% 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 Safestore Holdings was 22.70% per year. The lowest was 11.90% per year. And the median was 15.40% per year.

As of today (2026-06-26), Safestore Holdings's current stock price is MXN 221.20. Safestore Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct. 2025 was MXN224.91. Safestore Holdings's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Safestore Holdings was 4.18. The lowest was 0.82. And the median was 2.36.


Safestore Holdings  (MEX:SAFEN) 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.

Safestore Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=221.20/224.91
=0.98

* 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 Safestore Holdings was 4.18. The lowest was 0.82. And the median was 2.36.


Be Aware

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


Safestore Holdings Cyclically Adjusted Book per Share Related Terms


Safestore Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Safestore Holdings'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.

Safestore Holdings Cyclically Adjusted Book per Share Chart

Safestore Holdings Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 101.28 174.11 172.26 224.91

Safestore Holdings Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.00 172.26 0.00 224.91 0.00

MEX:SAFEN vs PLD, PSA, EXR: Cyclically Adjusted Book per Share Comparison

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings Cyclically Adjusted PB Ratio vs REITs Industry

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

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


MEX:SAFEN
79GF Score
Safestore Holdings PLC MEX:SAFEN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safestore Holdings 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, Safestore Holdings's adjusted Book Value per Share data for the fiscal year that ended in Oct. 2025 was:

Adj_Book=Book Value per Share /CPI of Oct. 2025 (Change)*Current CPI (Oct. 2025)
=259.424/139.5000*139.5000
=259.424

Current CPI (Oct. 2025) = 139.5000.

Safestore Holdings Annual Data

Book Value per Share CPI Adj_Book
201610 65.214 101.600 89.541
201710 76.924 104.400 102.786
201810 98.906 106.700 129.310
201910 102.184 108.300 131.622
202010 135.866 109.200 173.565
202110 183.632 113.400 225.897
202210 190.755 124.300 214.081
202310 195.210 130.200 209.154
202410 266.265 134.300 276.575
202510 259.424 139.500 259.424

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 MXN224.91 mean?
Safestore Holdings (MEX:SAFEN) has a Cyclically Adjusted Book per Share of MXN224.91 as of Apr. 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 Safestore Holdings and its competitors.
Is Safestore Holdings' Cyclically Adjusted Book per Share too high?
Safestore Holdings' current Cyclically Adjusted Book per Share is MXN224.91. Overall, Safestore Holdings has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Safestore Holdings' Cyclically Adjusted Book per Share compare to PLD and PSA?
Safestore Holdings' Cyclically Adjusted Book per Share of MXN224.91 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 Safestore Holdings and its competitors. Safestore Holdings's current Cyclically Adjusted Book per Share is MXN224.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safestore Holdings stock overvalued right now?
Safestore Holdings (MEX:SAFEN) has a current Cyclically Adjusted Book per Share of MXN224.91. The stock's GF Value™ is MXN285.97, compared to a current price of MXN221.20 — trading 22.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN224.91. Safestore Holdings' overall GF Score™ is 79/100 with 6 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 Safestore Holdings (MEX:SAFEN), the current Cyclically Adjusted Book per Share is MXN224.91 as of Apr. 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 Safestore Holdings (MEX:SAFEN) Overvalued in 2026?

Based on GuruFocus' analysis, Safestore Holdings stock appears to be undervalued. The current stock price of MXN221.20 is trading 22.6% below its estimated GF Value™ of MXN285.97.

Key valuation signals for MEX:SAFEN:

  • Cyclically Adjusted Book per Share: MXN224.91
  • GF Value™: MXN285.97 vs. price of MXN221.20 (22.6% below fair value)
  • GF Score™: 79/100 with 6 warning signs

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


Safestore Holdings Business Description

Industry Real EstateREITs
Address Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on provision of self-storage accommodation and related services. The company operates in three segments based on geographical areas, being the United Kingdom, Paris in France and Expansion Markets (Spain, the Netherlands and Belgium). It also derives revenue from the rental of self-storage space and the sale of ancillary products such as StoreProtect and merchandise (e.g. packing materials and padlocks).
79GF Score

Get the complete analysis for MEX:SAFEN

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

MXN221.20
Price
MXN285.97
GF Value