Broadstone Net Lease (STU:62XA) Cyclically Adjusted Book per Share: €39.57 (As of Jun. 2026)

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STU:62XA Broadstone Net Lease Inc STU:62XA
78 GF Score
Price €17.60
GF Value €16.03
Valuation Fairly Valued
! 5 Warning Signs
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What is Broadstone Net Lease Cyclically Adjusted Book per Share?

Broadstone Net Lease STU:62XA 78 Cyclically Adjusted Book per Share is €39.57 as of Jun. 2026. GuruFocus rates STU:62XA with a GF Score™ of 78/100 and a GF Value™ of €16.03 (Fairly Valued). The stock has 5 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.

Broadstone Net Lease's adjusted book value per share for the three months ended in Jun. 2026 was €13.717. 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 €39.57 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-09-15), Broadstone Net Lease's current stock price is €17.60. Broadstone Net Lease's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €39.57. Broadstone Net Lease's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Broadstone Net Lease was 1.42. The lowest was 1.27. And the median was 1.32.


Broadstone Net Lease  (STU:62XA) 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.

Broadstone Net Lease's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.60/39.569
=0.44

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Broadstone Net Lease was 1.42. The lowest was 1.27. And the median was 1.32.


Be Aware

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


Broadstone Net Lease Cyclically Adjusted Book per Share Related Terms


Broadstone Net Lease Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Broadstone Net Lease'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.

Broadstone Net Lease Cyclically Adjusted Book per Share Chart

Broadstone Net Lease 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 49.11 47.09 41.48

Broadstone Net Lease 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 48.12 48.46 39.75 39.80 39.57

STU:62XA vs GNL, AAT, SAFE: Cyclically Adjusted Book per Share Comparison

For the REIT - Diversified subindustry, Broadstone Net Lease'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.


Broadstone Net Lease Cyclically Adjusted PB Ratio vs REITs Industry

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

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


STU:62XA
78GF Score
Broadstone Net Lease Inc STU:62XA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Broadstone Net Lease 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, Broadstone Net Lease'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)
=13.717/333.9520*333.9520
=13.717

Current CPI (Jun. 2026) = 333.9520.

Broadstone Net Lease Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 62.456 241.432 86.390
201703 62.629 243.801 85.788
201706 59.168 244.955 80.665
201709 57.107 246.819 77.267
201712 56.558 246.524 76.616
201803 55.905 249.554 74.812
201806 59.789 251.989 79.236
201809 60.552 252.439 80.104
201812 60.755 251.233 80.759
201903 61.201 254.202 80.401
201906 59.416 256.143 77.465
201909 62.220 256.759 80.926
201912 60.954 256.974 79.213
202003 63.340 258.115 81.950
202006 10.936 257.797 14.167
202009 14.618 260.280 18.756
202012 13.915 260.474 17.840
202103 14.545 264.877 18.338
202106 14.482 271.696 17.800
202109 14.534 274.310 17.694
202112 14.844 278.802 17.780
202203 15.399 287.504 17.887
202206 16.496 296.311 18.592
202209 17.738 296.808 19.958
202212 18.825 296.797 21.182
202303 15.892 301.836 17.583
202306 15.964 305.109 17.473
202309 16.520 307.789 17.924
202312 15.413 306.746 16.780
202403 15.811 312.332 16.905
202406 15.825 314.175 16.821
202409 14.917 315.301 15.799
202412 16.083 315.605 17.018
202503 15.085 319.799 15.753
202506 13.674 322.561 14.157
202509 13.550 324.800 13.932
202512 13.493 324.054 13.905
202603 13.674 330.213 13.829
202606 13.717 333.952 13.717

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 €39.57 mean?
Broadstone Net Lease (STU:62XA) has a Cyclically Adjusted Book per Share of €39.57 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 Broadstone Net Lease and its competitors.
Is Broadstone Net Lease's Cyclically Adjusted Book per Share too high?
Broadstone Net Lease's current Cyclically Adjusted Book per Share is €39.57. Overall, Broadstone Net Lease has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Broadstone Net Lease's Cyclically Adjusted Book per Share compare to GNL and AAT?
Broadstone Net Lease's Cyclically Adjusted Book per Share of €39.57 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 Broadstone Net Lease and its competitors. Broadstone Net Lease's current Cyclically Adjusted Book per Share is €39.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadstone Net Lease stock overvalued right now?
Based on GuruFocus' analysis, Broadstone Net Lease (STU:62XA) is currently considered Fairly Valued. The stock's GF Value™ is €16.03, compared to a current price of €17.60 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is €39.57. Broadstone Net Lease's overall GF Score™ is 78/100 with 5 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 Broadstone Net Lease (STU:62XA), the current Cyclically Adjusted Book per Share is €39.57 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 Broadstone Net Lease (STU:62XA) Overvalued in 2026?

Based on GuruFocus' analysis, Broadstone Net Lease stock appears to be overvalued. The current stock price of €17.60 is trading 9.8% above its estimated GF Value™ of €16.03. GuruFocus considers Broadstone Net Lease to be Fairly Valued.

Key valuation signals for STU:62XA:

  • Cyclically Adjusted Book per Share: €39.57
  • GF Value™: €16.03 vs. price of €17.60 (9.8% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the STU:62XA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Broadstone Net Lease Business Description

Industry Real EstateREITs
Other Exchanges BNL:USA
Address 207 High Point Drive, Suite 300, Victor, NY, USA, 14564
Broadstone Net Lease Inc is an internally managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.
78GF Score

Get the complete analysis for STU:62XA

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

€17.60
Price
€16.03
GF Value