Genesis Land Development (TSX:GDC) Cyclically Adjusted Book per Share: C$4.84 (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.

TSX:GDC Genesis Land Development Corp TSX:GDC
84 GF Score
Price C$3.44
GF Value C$4.09
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Genesis Land Development Cyclically Adjusted Book per Share?

Genesis Land Development TSX:GDC -1.71% 84 Cyclically Adjusted Book per Share is C$4.84 as of Jun. 2026. GuruFocus rates TSX:GDC with a GF Score™ of 84/100 and a GF Value™ of C$4.09 (Modestly Undervalued). The stock has 3 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.

Genesis Land Development's adjusted book value per share for the three months ended in Jun. 2026 was C$5.252. 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 C$4.84 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Genesis Land Development's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Genesis Land Development was 12.30% per year. The lowest was 1.40% per year. And the median was 6.50% per year.

As of today (2026-08-09), Genesis Land Development's current stock price is C$3.44. Genesis Land Development's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$4.84. Genesis Land Development's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Genesis Land Development was 0.91. The lowest was 0.21. And the median was 0.64.


Genesis Land Development  (TSX:GDC) 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.

Genesis Land Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.44/4.84
=0.71

* 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 Genesis Land Development was 0.91. The lowest was 0.21. And the median was 0.64.


Be Aware

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


Genesis Land Development Cyclically Adjusted Book per Share Related Terms


Genesis Land Development Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Genesis Land Development'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.

Genesis Land Development Cyclically Adjusted Book per Share Chart

Genesis Land Development 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 4.32 4.54 4.62 4.65 4.73

Genesis Land Development 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 4.72 4.73 4.73 4.80 4.84

Genesis Land Development Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Genesis Land Development'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.


Genesis Land Development Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


TSX:GDC
84GF Score
Genesis Land Development Corp TSX:GDC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Genesis Land Development 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, Genesis Land Development'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)
=5.252/133.5265*133.5265
=5.252

Current CPI (Jun. 2026) = 133.5265.

Genesis Land Development Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.258 101.765 5.587
201612 4.022 101.449 5.294
201703 4.049 102.634 5.268
201706 4.133 103.029 5.356
201709 4.021 103.345 5.195
201712 3.982 103.345 5.145
201803 3.995 105.004 5.080
201806 4.012 105.557 5.075
201809 3.818 105.636 4.826
201812 3.892 105.399 4.931
201903 3.900 106.979 4.868
201906 3.889 107.690 4.822
201909 3.897 107.611 4.835
201912 3.934 107.769 4.874
202003 3.788 107.927 4.686
202006 3.866 108.401 4.762
202009 3.952 108.164 4.879
202012 3.834 108.559 4.716
202103 3.864 110.298 4.678
202106 3.919 111.720 4.684
202109 3.972 112.905 4.697
202112 4.021 113.774 4.719
202203 4.012 117.646 4.554
202206 4.014 120.806 4.437
202209 3.972 120.648 4.396
202212 3.950 120.964 4.360
202303 3.985 122.702 4.337
202306 3.972 124.203 4.270
202309 4.010 125.230 4.276
202312 4.069 125.072 4.344
202403 4.192 126.258 4.433
202406 4.238 127.522 4.438
202409 4.450 127.285 4.668
202412 4.693 127.364 4.920
202503 4.801 129.181 4.963
202506 4.815 129.892 4.950
202509 4.967 130.287 5.090
202512 5.270 130.366 5.398
202603 5.297 132.262 5.348
202606 5.252 133.527 5.252

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 C$4.84 mean?
Genesis Land Development (TSX:GDC) has a Cyclically Adjusted Book per Share of C$4.84 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 Genesis Land Development and its competitors.
Is Genesis Land Development's Cyclically Adjusted Book per Share too high?
Genesis Land Development's current Cyclically Adjusted Book per Share is C$4.84. Overall, Genesis Land Development has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Genesis Land Development's Cyclically Adjusted Book per Share compare to competitors?
Genesis Land Development's Cyclically Adjusted Book per Share of C$4.84 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Genesis Land Development and its competitors. Genesis Land Development's current Cyclically Adjusted Book per Share is C$4.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Land Development stock overvalued right now?
Based on GuruFocus' analysis, Genesis Land Development (TSX:GDC) is currently considered Modestly Undervalued. The stock's GF Value™ is C$4.09, compared to a current price of C$3.44 — trading 15.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is C$4.84. Genesis Land Development's overall GF Score™ is 84/100 with 3 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 Genesis Land Development (TSX:GDC), the current Cyclically Adjusted Book per Share is C$4.84 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 Genesis Land Development (TSX:GDC) Overvalued in 2026?

Based on GuruFocus' analysis, Genesis Land Development stock appears to be undervalued. The current stock price of C$3.44 is trading 15.9% below its estimated GF Value™ of C$4.09. GuruFocus considers Genesis Land Development to be Modestly Undervalued.

Key valuation signals for TSX:GDC:

  • Cyclically Adjusted Book per Share: C$4.84
  • GF Value™: C$4.09 vs. price of C$3.44 (15.9% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Genesis Land Development Business Description

Other Exchanges GNLAF:USA
Address 6240, 333 - 96 Avenue NE, Calgary, AB, CAN, T3K 0S3
Genesis Land Development Corp is a Canada-based land developer and home builder. The company is engaged in the acquisition, development, and sale of land, residential lots, and homes mainly in the greater Calgary area. The company has two business segments: Land development and Homebuilding. It earns the majority of its revenue from the home building segment.
84GF Score

Get the complete analysis for TSX:GDC

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

C$3.44
Price
C$4.09
GF Value