PW (Power REIT) Cyclically Adjusted Book per Share: $71.14 (As of Jun. 2026)

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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.
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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.

PW Power REIT PW
57 GF Score
Price $7.59
GF Value $9.71
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Power REIT Cyclically Adjusted Book per Share?

Power REIT PW -0.78% 57 Cyclically Adjusted Book per Share is $71.14 as of Jun. 2026. GuruFocus rates PW with a GF Score™ of 57/100 and a GF Value™ of $9.71 (Modestly Undervalued). The stock has 4 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.

Power REIT's adjusted book value per share for the three months ended in Jun. 2026 was $-10.360. 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 $71.14 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Power REIT's average Cyclically Adjusted Book Growth Rate was -5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.80% 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 Power REIT was 14.80% per year. The lowest was -3.50% per year. And the median was -0.30% per year.

As of today (2026-08-31), Power REIT's current stock price is $7.59. Power REIT's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $71.14. Power REIT's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Power REIT was 12.22. The lowest was 0.05. And the median was 1.06.


Power REIT  (AMEX:PW) 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.

Power REIT's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.59/71.14
=0.11

* 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 Power REIT was 12.22. The lowest was 0.05. And the median was 1.06.


Be Aware

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


Power REIT Cyclically Adjusted Book per Share Related Terms


Power REIT Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Power REIT'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.

Power REIT Cyclically Adjusted Book per Share Chart

Power REIT 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 64.11 75.06 79.11 76.57 72.23

Power REIT 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 75.00 73.98 72.23 71.93 71.14

PW vs MKZR, SQFT, GIPR: Cyclically Adjusted Book per Share Comparison

For the REIT - Specialty subindustry, Power REIT'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.


Power REIT Cyclically Adjusted PB Ratio vs REITs Industry

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

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


PW
57GF Score
Power REIT PW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Power REIT 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, Power REIT'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)
=-10.36/333.9520*333.9520
=-10.360

Current CPI (Jun. 2026) = 333.9520.

Power REIT Quarterly Data

Book Value per Share CPI Adj_Book
201609 39.059 241.428 54.028
201612 39.368 241.432 54.454
201703 40.319 243.801 55.228
201706 40.179 244.955 54.777
201709 40.600 246.819 54.933
201712 41.674 246.524 56.453
201803 42.684 249.554 57.120
201806 43.632 251.989 57.824
201809 43.768 252.439 57.901
201812 44.840 251.233 59.604
201903 45.825 254.202 60.202
201906 46.809 256.143 61.028
201909 48.098 256.759 62.558
201912 49.335 256.974 64.114
202003 49.387 258.115 63.897
202006 51.688 257.797 66.957
202009 54.563 260.280 70.007
202012 58.884 260.474 75.495
202103 149.476 264.877 188.457
202106 152.693 271.696 187.681
202109 158.027 274.310 192.386
202112 147.837 278.802 177.081
202203 150.638 287.504 174.974
202206 153.282 296.311 172.754
202209 154.221 296.808 173.521
202212 105.006 296.797 118.151
202303 104.195 301.836 115.282
202306 97.912 305.109 107.168
202309 68.504 307.789 74.327
202312 65.723 306.746 71.552
202403 57.348 312.332 61.318
202406 0.953 314.175 1.013
202409 3.785 315.301 4.009
202412 -5.124 315.605 -5.422
202503 -8.870 319.799 -9.263
202506 -7.501 322.561 -7.766
202509 -6.702 324.800 -6.891
202512 -9.161 324.054 -9.441
202603 -11.542 330.213 -11.673
202606 -10.360 333.952 -10.360

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 $71.14 mean?
Power REIT (PW) has a Cyclically Adjusted Book per Share of $71.14 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 Power REIT and its competitors.
Is Power REIT's Cyclically Adjusted Book per Share too high?
Power REIT's current Cyclically Adjusted Book per Share is $71.14. Overall, Power REIT has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power REIT's Cyclically Adjusted Book per Share compare to MKZR and SQFT?
Power REIT's Cyclically Adjusted Book per Share of $71.14 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 Power REIT and its competitors. Power REIT's current Cyclically Adjusted Book per Share is $71.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power REIT stock overvalued right now?
Based on GuruFocus' analysis, Power REIT (PW) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.71, compared to a current price of $7.59 — trading 21.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is $71.14. Power REIT's overall GF Score™ is 57/100 with 4 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 Power REIT (PW), the current Cyclically Adjusted Book per Share is $71.14 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 Power REIT (PW) Overvalued in 2026?

Based on GuruFocus' analysis, Power REIT stock appears to be undervalued. The current stock price of $7.59 is trading 21.8% below its estimated GF Value™ of $9.71. GuruFocus considers Power REIT to be Modestly Undervalued.

Key valuation signals for PW:

  • Cyclically Adjusted Book per Share: $71.14
  • GF Value™: $9.71 vs. price of $7.59 (21.8% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Power REIT Business Description

Industry Real EstateREITs
Other Exchanges PWpA.PFD:USA
Address 301 Winding Road, Old Bethpage, NY, USA, 11804
Power REIT is an internally-managed real estate investment trust that owns a portfolio of real estate assets related to transportation, energy infrastructure and Controlled Environment Agriculture in the United States. Its assets consisted of approximately 112 miles of railroad infrastructure and related real estate which is owned by its subsidiary, approximately 447 acres of fee simple land leased to a utility scale solar power generating project with an aggregate generating capacity of approximately 82 Megawatts and approximately 82 acres of land with approximately 357,000 square feet of CEA properties in the form of greenhouses. The company invested in greenhouses for state-licensed cannabis and food cultivation.
57GF Score

Get the complete analysis for PW

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

$7.59
Price
$9.71
GF Value