PRVFF (PRO Real Estate Investment Trust) Cyclically Adjusted Book per Share: $5.73 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PRVFF PRO Real Estate Investment Trust PRVFF
48 GF Score
Price $4.89
GF Value $3.45
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is PRO Real Estate Investment Trust Cyclically Adjusted Book per Share?

PRO Real Estate Investment Trust PRVFF 48 Cyclically Adjusted Book per Share is $5.73 as of Jun. 2026. GuruFocus rates PRVFF with a GF Score™ of 48/100 and a GF Value™ of $3.45 (Significantly Overvalued). 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.

PRO Real Estate Investment Trust's adjusted book value per share for the three months ended in Jun. 2026 was $5.417. 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 $5.73 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PRO Real Estate Investment Trust's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 PRO Real Estate Investment Trust was 9.10% per year. The lowest was 1.90% per year. And the median was 5.90% per year.

As of today (2026-08-17), PRO Real Estate Investment Trust's current stock price is $4.89. PRO Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $5.73. PRO Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PRO Real Estate Investment Trust was 1.11. The lowest was 0.54. And the median was 0.77.


PRO Real Estate Investment Trust  (OTCPK:PRVFF) 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.

PRO Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.89/5.73
=0.85

* 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 PRO Real Estate Investment Trust was 1.11. The lowest was 0.54. And the median was 0.77.


Be Aware

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


PRO Real Estate Investment Trust Cyclically Adjusted Book per Share Related Terms


PRO Real Estate Investment Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PRO Real Estate Investment 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.

PRO Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

PRO Real Estate Investment 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 0.00 0.00 0.00 5.66 5.10

PRO Real Estate Investment 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 5.35 5.23 5.10 5.39 5.73

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

For the REIT - Industrial subindustry, PRO Real Estate Investment 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.


PRO Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where PRO Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


PRVFF
48GF Score
PRO Real Estate Investment Trust PRVFF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PRO Real Estate Investment 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, PRO Real Estate Investment 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)
=5.417/133.5265*133.5265
=5.417

Current CPI (Jun. 2026) = 133.5265.

PRO Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.822 101.765 6.327
201612 4.827 101.449 6.353
201703 4.788 102.634 6.229
201706 4.693 103.029 6.082
201709 5.054 103.345 6.530
201712 4.951 103.345 6.397
201803 4.805 105.004 6.110
201806 4.657 105.557 5.891
201809 4.902 105.636 6.196
201812 4.802 105.399 6.083
201903 4.701 106.979 5.868
201906 4.799 107.690 5.950
201909 4.860 107.611 6.030
201912 4.795 107.769 5.941
202003 4.755 107.927 5.883
202006 4.717 108.401 5.810
202009 4.733 108.164 5.843
202012 4.930 108.559 6.064
202103 4.969 110.298 6.015
202106 5.128 111.720 6.129
202109 4.925 112.905 5.825
202112 5.686 113.774 6.673
202203 6.283 117.646 7.131
202206 6.283 120.806 6.945
202209 6.195 120.648 6.856
202212 6.080 120.964 6.711
202303 6.115 122.702 6.654
202306 6.235 124.203 6.703
202309 6.172 125.230 6.581
202312 6.140 125.072 6.555
202403 5.883 126.258 6.222
202406 5.804 127.522 6.077
202409 5.831 127.285 6.117
202412 5.487 127.364 5.753
202503 5.434 129.181 5.617
202506 5.387 129.892 5.538
202509 5.384 130.287 5.518
202512 5.342 130.366 5.472
202603 5.537 132.262 5.590
202606 5.417 133.527 5.417

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 $5.73 mean?
PRO Real Estate Investment Trust (PRVFF) has a Cyclically Adjusted Book per Share of $5.73 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 PRO Real Estate Investment Trust and its competitors.
Is PRO Real Estate Investment Trust's Cyclically Adjusted Book per Share too high?
PRO Real Estate Investment Trust's current Cyclically Adjusted Book per Share is $5.73. Overall, PRO Real Estate Investment Trust has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PRO Real Estate Investment Trust's Cyclically Adjusted Book per Share compare to PLD and PSA?
PRO Real Estate Investment Trust's Cyclically Adjusted Book per Share of $5.73 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 PRO Real Estate Investment Trust and its competitors. PRO Real Estate Investment Trust's current Cyclically Adjusted Book per Share is $5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PRO Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, PRO Real Estate Investment Trust (PRVFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.45, compared to a current price of $4.89 — trading 41.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $5.73. PRO Real Estate Investment Trust's overall GF Score™ is 48/100 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 PRO Real Estate Investment Trust (PRVFF), the current Cyclically Adjusted Book per Share is $5.73 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 PRO Real Estate Investment Trust (PRVFF) Overvalued in 2026?

Based on GuruFocus' analysis, PRO Real Estate Investment Trust stock appears to be overvalued. The current stock price of $4.89 is trading 41.7% above its estimated GF Value™ of $3.45. GuruFocus considers PRO Real Estate Investment Trust to be Significantly Overvalued.

Key valuation signals for PRVFF:

  • Cyclically Adjusted Book per Share: $5.73
  • GF Value™: $3.45 vs. price of $4.89 (41.7% above fair value)
  • GF Score™: 48/100 with 10 warning signs

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


PRO Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges PRV.UN:Canada
Address 2000 Mansfield Street, Suite 1000, Montreal, QC, CAN, H3A 2Z7
PRO Real Estate Investment Trust is an open-ended real estate investment trust. The REIT's segments include three classifications of investment properties Industrial, Retail, and Office. All of the REIT's activities are located in one geographical segment, which is Canada. Its objective is to maintain a combination of short, medium, and long-term debt maturities that are appropriate for the overall debt level of its portfolio, considering the availability of financing and market conditions, and the financial characteristics of each property. It derives key revenue from the Industrial segment.
48GF Score

Get the complete analysis for PRVFF

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

$4.89
Price
$3.45
GF Value