O (Realtyome) Cyclically Adjusted Book per Share: $40.60 (As of Mar. 2026)


O Realty Income Corp O
85 GF Score
Price $63.23
GF Value $60.60
Valuation Fairly Valued
! 8 Warning Signs
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What is Realtyome Cyclically Adjusted Book per Share?

Realtyome O -1.22% 85 Cyclically Adjusted Book per Share is $40.60 as of Mar. 2026. GuruFocus rates O with a GF Score™ of 85/100 and a GF Value™ of $60.60 (Fairly Valued). The stock has 8 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.

Realtyome's adjusted book value per share for the three months ended in Mar. 2026 was $41.982. 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 $40.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Realtyome's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Realtyome was 12.60% per year. The lowest was 1.40% per year. And the median was 7.90% per year.

As of today (2026-07-08), Realtyome's current stock price is $63.23. Realtyome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $40.60. Realtyome's Cyclically Adjusted PB Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Realtyome was 4.00. The lowest was 1.37. And the median was 2.41.


Realtyome  (NYSE:O) 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.

Realtyome's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=63.23/40.60
=1.56

* 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 Realtyome was 4.00. The lowest was 1.37. And the median was 2.41.


Be Aware

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


Realtyome Cyclically Adjusted Book per Share Related Terms


Realtyome Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Realtyome'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.

Realtyome Cyclically Adjusted Book per Share Chart

Realtyome 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 28.37 32.73 35.23 37.59 39.64

Realtyome 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 38.39 38.99 39.51 39.64 40.60

O vs SPG, KIM, REG: Cyclically Adjusted Book per Share Comparison

For the REIT - Retail subindustry, Realtyome'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.


Realtyome Cyclically Adjusted PB Ratio vs REITs Industry

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

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


O
85GF Score
Realty Income Corp O
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Realtyome 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, Realtyome'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)
=41.982/330.2130*330.2130
=41.982

Current CPI (Mar. 2026) = 330.2130.

Realtyome Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.831 241.018 34.020
201609 24.592 241.428 33.636
201612 24.490 241.432 33.496
201703 25.764 243.801 34.896
201706 25.547 244.955 34.439
201709 26.100 246.819 34.919
201712 25.936 246.524 34.741
201803 25.557 249.554 33.817
201806 25.776 251.989 33.778
201809 26.008 252.439 34.021
201812 26.630 251.233 35.002
201903 26.279 254.202 34.137
201906 27.772 256.143 35.803
201909 28.515 256.759 36.673
201912 29.298 256.974 37.648
202003 30.250 258.115 38.700
202006 29.982 257.797 38.404
202009 29.865 260.280 37.889
202012 30.405 260.474 38.546
202103 30.882 264.877 38.500
202106 31.142 271.696 37.849
202109 32.991 274.310 39.714
202112 42.371 278.802 50.184
202203 42.393 287.504 48.691
202206 42.630 296.311 47.507
202209 42.633 296.808 47.431
202212 43.485 296.797 48.381
202303 43.462 301.836 47.548
202306 43.940 305.109 47.555
202309 43.732 307.789 46.918
202312 43.778 306.746 47.127
202403 44.773 312.332 47.336
202406 44.304 314.175 46.566
202409 43.942 315.301 46.020
202412 43.567 315.605 45.584
202503 43.221 319.799 44.628
202506 42.824 322.561 43.840
202509 42.451 324.800 43.158
202512 42.227 324.054 43.030
202603 41.982 330.213 41.982

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 $40.60 mean?
Realtyome (O) has a Cyclically Adjusted Book per Share of $40.60 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 Realtyome and its competitors.
Is Realtyome's Cyclically Adjusted Book per Share too high?
Realtyome's current Cyclically Adjusted Book per Share is $40.60. Overall, Realtyome has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Realtyome's Cyclically Adjusted Book per Share compare to SPG and KIM?
Realtyome's Cyclically Adjusted Book per Share of $40.60 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 Realtyome and its competitors. Realtyome's current Cyclically Adjusted Book per Share is $40.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Realtyome stock overvalued right now?
Based on GuruFocus' analysis, Realtyome (O) is currently considered Fairly Valued. The stock's GF Value™ is $60.60, compared to a current price of $63.23 — trading 4.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is $40.60. Realtyome's overall GF Score™ is 85/100 with 8 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 Realtyome (O), the current Cyclically Adjusted Book per Share is $40.60 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 Realtyome (O) Overvalued in 2026?

Based on GuruFocus' analysis, Realtyome stock appears to be overvalued. The current stock price of $63.23 is trading 4.3% above its estimated GF Value™ of $60.60. GuruFocus considers Realtyome to be Fairly Valued.

Key valuation signals for O:

  • Cyclically Adjusted Book per Share: $40.60
  • GF Value™: $60.60 vs. price of $63.23 (4.3% above fair value)
  • GF Score™: 85/100 with 8 warning signs

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


Realtyome Business Description

Industry Real EstateREITs
Address 11995 El Camino Real, San Diego, CA, USA, 92130
Realty Income owns roughly 15,500 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
85GF Score

Get the complete analysis for O

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

$63.23
Price
$60.60
GF Value