Easterly Government Properties (STU:E050) Cyclically Adjusted Book per Share: €41.90 (As of Jun. 2026)

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STU:E050 Easterly Government Properties Inc STU:E050
73 GF Score
Price €20.20
GF Value €24.50
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Easterly Government Properties Cyclically Adjusted Book per Share?

Easterly Government Properties STU:E050 -0.98% 73 Cyclically Adjusted Book per Share is €41.90 as of Jun. 2026. GuruFocus rates STU:E050 with a GF Score™ of 73/100 and a GF Value™ of €24.50 (Modestly Undervalued). The stock has 9 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.

Easterly Government Properties's adjusted book value per share for the three months ended in Jun. 2026 was €25.133. 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 €41.90 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Easterly Government Properties's average Cyclically Adjusted Book Growth Rate was -2.50% 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.

As of today (2026-09-17), Easterly Government Properties's current stock price is €20.20. Easterly Government Properties's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €41.90. Easterly Government Properties's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Easterly Government Properties was 0.96. The lowest was 0.47. And the median was 0.65.


Easterly Government Properties  (STU:E050) 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.

Easterly Government Properties's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.20/41.898
=0.48

* 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 Easterly Government Properties was 0.96. The lowest was 0.47. And the median was 0.65.


Be Aware

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


Easterly Government Properties Cyclically Adjusted Book per Share Related Terms


Easterly Government Properties Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Easterly Government Properties'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.

Easterly Government Properties Cyclically Adjusted Book per Share Chart

Easterly Government Properties 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 40.63 43.41 45.59 41.24

Easterly Government Properties 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 45.34 44.31 42.81 42.33 41.90

STU:E050 vs PDM, ESBA, PSTL: Cyclically Adjusted Book per Share Comparison

For the REIT - Office subindustry, Easterly Government Properties'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.


Easterly Government Properties Cyclically Adjusted PB Ratio vs REITs Industry

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

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


STU:E050
73GF Score
Easterly Government Properties Inc STU:E050
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Easterly Government Properties 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, Easterly Government Properties'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)
=25.133/333.9520*333.9520
=25.133

Current CPI (Jun. 2026) = 333.9520.

Easterly Government Properties Quarterly Data

Book Value per Share CPI Adj_Book
201609 42.828 241.428 59.241
201612 44.793 241.432 61.958
201703 43.474 243.801 59.550
201706 38.878 244.955 53.003
201709 37.072 246.819 50.159
201712 36.774 246.524 49.816
201803 35.536 249.554 47.554
201806 37.452 251.989 49.634
201809 36.852 252.439 48.752
201812 36.848 251.233 48.980
201903 36.987 254.202 48.591
201906 35.891 256.143 46.794
201909 37.013 256.759 48.141
201912 35.710 256.974 46.407
202003 36.332 258.115 47.007
202006 35.853 257.797 46.444
202009 34.127 260.280 43.787
202012 32.350 260.474 41.476
202103 33.655 264.877 42.432
202106 33.520 271.696 41.201
202109 34.335 274.310 41.800
202112 35.155 278.802 42.109
202203 35.625 287.504 41.380
202206 37.970 296.311 42.793
202209 39.869 296.808 44.858
202212 36.395 296.797 40.951
202303 35.482 301.836 39.257
202306 34.883 305.109 38.181
202309 35.629 307.789 38.658
202312 31.592 306.746 34.394
202403 31.387 312.332 33.560
202406 31.072 314.175 33.028
202409 29.290 315.301 31.023
202412 31.017 315.605 32.820
202503 28.963 319.799 30.245
202506 26.044 322.561 26.964
202509 25.561 324.800 26.281
202512 25.185 324.054 25.954
202603 25.330 330.213 25.617
202606 25.133 333.952 25.133

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 €41.90 mean?
Easterly Government Properties (STU:E050) has a Cyclically Adjusted Book per Share of €41.90 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 Easterly Government Properties and its competitors.
Is Easterly Government Properties' Cyclically Adjusted Book per Share too high?
Easterly Government Properties' current Cyclically Adjusted Book per Share is €41.90. Overall, Easterly Government Properties has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Easterly Government Properties' Cyclically Adjusted Book per Share compare to PDM and ESBA?
Easterly Government Properties' Cyclically Adjusted Book per Share of €41.90 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 Easterly Government Properties and its competitors. Easterly Government Properties's current Cyclically Adjusted Book per Share is €41.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easterly Government Properties stock overvalued right now?
Based on GuruFocus' analysis, Easterly Government Properties (STU:E050) is currently considered Modestly Undervalued. The stock's GF Value™ is €24.50, compared to a current price of €20.20 — trading 17.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is €41.90. Easterly Government Properties' overall GF Score™ is 73/100 with 9 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 Easterly Government Properties (STU:E050), the current Cyclically Adjusted Book per Share is €41.90 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 Easterly Government Properties (STU:E050) Overvalued in 2026?

Based on GuruFocus' analysis, Easterly Government Properties stock appears to be undervalued. The current stock price of €20.20 is trading 17.6% below its estimated GF Value™ of €24.50. GuruFocus considers Easterly Government Properties to be Modestly Undervalued.

Key valuation signals for STU:E050:

  • Cyclically Adjusted Book per Share: €41.90
  • GF Value™: €24.50 vs. price of €20.20 (17.6% below fair value)
  • GF Score™: 73/100 with 9 warning signs

No single metric tells the full story. See the STU:E050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Easterly Government Properties Business Description

Industry Real EstateREITs
Other Exchanges DEA:USA
Address 2001 K Street NW, Suite 775 North, Washington, DC, USA, 20006
Easterly Government Properties Inc is a real estate investment trust. The company is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. It generates all its revenue by leasing its properties to such agencies. The company operates in single segment for the purposes of assessing performance and making operating decisions.
73GF Score

Get the complete analysis for STU:E050

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

€20.20
Price
€24.50
GF Value