MONSF (Montea NV) Cyclically Adjusted Book per Share: $66.05 (As of Mar. 2026)


MONSF Montea NV MONSF
78 GF Score
Price $71.23
GF Value $79.18
! 6 Warning Signs
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What is Montea NV Cyclically Adjusted Book per Share?

Montea NV MONSF 78 Cyclically Adjusted Book per Share is $66.05 as of Mar. 2026. GuruFocus rates MONSF with a GF Score™ of 78/100 and a GF Value™ of $79.18. 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.

Montea NV's adjusted book value per share for the three months ended in Mar. 2026 was $95.646. 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 $66.05 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Montea NV's average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -37.20% 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 Montea NV was 13.30% per year. The lowest was -54.70% per year. And the median was -51.40% per year.

As of today (2026-07-02), Montea NV's current stock price is $71.23. Montea NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $66.05. Montea NV's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Montea NV was 2.71. The lowest was 0.12. And the median was 1.14.


Montea NV  (OTCPK:MONSF) 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.

Montea NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=71.23/66.05
=1.08

* 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 Montea NV was 2.71. The lowest was 0.12. And the median was 1.14.


Be Aware

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


Montea NV Cyclically Adjusted Book per Share Related Terms


Montea NV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Montea NV'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.

Montea NV Cyclically Adjusted Book per Share Chart

Montea NV 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 375.19 41.46 44.21 71.25 57.71

Montea NV 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 54.01 61.33 59.62 57.71 66.05

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

For the REIT - Industrial subindustry, Montea NV'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.


Montea NV Cyclically Adjusted PB Ratio vs REITs Industry

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

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


MONSF
78GF Score
Montea NV MONSF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Montea NV 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, Montea NV'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)
=95.646/135.0710*135.0710
=95.646

Current CPI (Mar. 2026) = 135.0710.

Montea NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.957 102.267 31.642
201609 24.567 102.118 32.495
201612 25.105 102.614 33.046
201703 26.222 103.972 34.065
201706 26.240 103.902 34.111
201709 31.979 104.170 41.465
201712 32.437 104.804 41.805
201803 34.953 105.419 44.785
201806 33.433 106.063 42.577
201809 38.651 106.618 48.966
201812 36.792 107.252 46.335
201903 44.100 107.876 55.217
201906 43.960 107.896 55.032
201909 44.220 107.470 55.577
201912 47.429 108.065 59.282
202003 47.577 108.550 59.201
202006 49.257 108.540 61.297
202009 54.877 108.441 68.353
202012 61.260 108.511 76.255
202103 65.742 109.522 81.078
202106 67.392 110.305 82.523
202109 69.093 111.543 83.667
202112 70.059 114.705 82.498
202203 73.002 118.620 83.127
202206 74.818 120.948 83.554
202209 72.348 124.120 78.731
202212 75.824 126.578 80.912
202303 75.358 126.528 80.446
202306 77.041 125.973 82.605
202309 78.464 127.083 83.396
202312 81.750 128.292 86.070
202403 83.373 130.552 86.259
202406 81.891 130.691 84.636
202409 85.815 130.968 88.503
202412 82.119 132.346 83.810
202503 86.234 134.348 86.698
202506 89.564 133.495 90.621
202509 91.963 133.743 92.876
202512 95.221 135.071 95.221
202603 95.646 135.071 95.646

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 $66.05 mean?
Montea NV (MONSF) has a Cyclically Adjusted Book per Share of $66.05 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 Montea NV and its competitors.
Is Montea NV's Cyclically Adjusted Book per Share too high?
Montea NV's current Cyclically Adjusted Book per Share is $66.05. Overall, Montea NV has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Montea NV's Cyclically Adjusted Book per Share compare to PLD and PSA?
Montea NV's Cyclically Adjusted Book per Share of $66.05 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 Montea NV and its competitors. Montea NV's current Cyclically Adjusted Book per Share is $66.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montea NV stock overvalued right now?
Montea NV (MONSF) has a current Cyclically Adjusted Book per Share of $66.05. The stock's GF Value™ is $79.18, compared to a current price of $71.23 — trading 10% below its estimated fair value. The current Cyclically Adjusted Book per Share is $66.05. Montea NV's overall GF Score™ is 78/100 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 Montea NV (MONSF), the current Cyclically Adjusted Book per Share is $66.05 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 Montea NV (MONSF) Overvalued in 2026?

Based on GuruFocus' analysis, Montea NV stock appears to be undervalued. The current stock price of $71.23 is trading 10% below its estimated GF Value™ of $79.18.

Key valuation signals for MONSF:

  • Cyclically Adjusted Book per Share: $66.05
  • GF Value™: $79.18 vs. price of $71.23 (10% below fair value)
  • GF Score™: 78/100 with 6 warning signs

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


Montea NV Business Description

Industry Real EstateREITs
Address Industriezone III Zuid, Industrielaan 27 - Bus 6, Erembodegem, Aalst, BEL, 9320
Montea NV is a real estate investment trust under Belgian law. It is engaged in the development and management of logistics and semi-industrial real estate properties. Geographically, its portfolio is located in Belgium, the Netherlands, Germany, and France. The revenue is generated from gross rental income and proceeds resulting from the services and the management of the buildings.
78GF Score

Get the complete analysis for MONSF

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

$71.23
Price
$79.18
GF Value