Kardan Real Estate Enterprise And Development (XTAE:KARE) Cyclically Adjusted Book per Share: ₪3.80 (As of Mar. 2026)

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XTAE:KARE Kardan Real Estate Enterprise And Development Ltd XTAE:KARE
70 GF Score
Price ₪4.26
GF Value ₪4.50
Valuation Fairly Valued
! 11 Warning Signs
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What is Kardan Real Estate Enterprise And Development Cyclically Adjusted Book per Share?

Kardan Real Estate Enterprise And Development XTAE:KARE +1.86% 70 Cyclically Adjusted Book per Share is ₪3.80 as of Mar. 2026. GuruFocus rates XTAE:KARE with a GF Score™ of 70/100 and a GF Value™ of ₪4.50 (Fairly Valued). The stock has 11 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.

Kardan Real Estate Enterprise And Development's adjusted book value per share for the three months ended in Mar. 2026 was ₪3.839. 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 ₪3.80 for the trailing ten years ended in Mar. 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 (2026-08-15), Kardan Real Estate Enterprise And Development's current stock price is ₪4.262. Kardan Real Estate Enterprise And Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₪3.80. Kardan Real Estate Enterprise And Development's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kardan Real Estate Enterprise And Development was 2.13. The lowest was 1.19. And the median was 1.61.


Kardan Real Estate Enterprise And Development  (XTAE:KARE) 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.

Kardan Real Estate Enterprise And Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.262/3.80
=1.12

* 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 Kardan Real Estate Enterprise And Development was 2.13. The lowest was 1.19. And the median was 1.61.


Be Aware

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


Kardan Real Estate Enterprise And Development Cyclically Adjusted Book per Share Related Terms


Kardan Real Estate Enterprise And Development Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kardan Real Estate Enterprise And 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.

Kardan Real Estate Enterprise And Development Cyclically Adjusted Book per Share Chart

Kardan Real Estate Enterprise And 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 0.00 0.00 0.00 0.00 3.73

Kardan Real Estate Enterprise And Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 3.66 3.71 3.73 3.80

XTAE:KARE vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Kardan Real Estate Enterprise And 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.


Kardan Real Estate Enterprise And Development Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Kardan Real Estate Enterprise And Development's Cyclically Adjusted PB Ratio falls into.


XTAE:KARE
70GF Score
Kardan Real Estate Enterprise And Development Ltd XTAE:KARE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kardan Real Estate Enterprise And 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, Kardan Real Estate Enterprise And Development's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.839/330.2130*330.2130
=3.839

Current CPI (Mar. 2026) = 330.2130.

Kardan Real Estate Enterprise And Development Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 2.361 241.432 3.229
201703 2.359 243.801 3.195
201706 2.423 244.955 3.266
201709 2.489 246.819 3.330
201712 2.810 246.524 3.764
201803 2.637 249.554 3.489
201806 2.678 251.989 3.509
201809 2.709 252.439 3.544
201812 2.780 251.233 3.654
201903 2.763 254.202 3.589
201906 2.756 256.143 3.553
201909 2.781 256.759 3.577
201912 2.811 256.974 3.612
202003 2.856 258.115 3.654
202006 2.860 257.797 3.663
202009 2.895 260.280 3.673
202012 2.952 260.474 3.742
202103 2.926 264.877 3.648
202106 3.004 271.696 3.651
202109 0.000 274.310 0.000
202112 3.293 278.802 3.900
202203 3.421 287.504 3.929
202206 3.575 296.311 3.984
202209 3.664 296.808 4.076
202212 3.772 296.797 4.197
202303 3.714 301.836 4.063
202306 3.842 305.109 4.158
202309 3.927 307.789 4.213
202312 3.965 306.746 4.268
202403 3.874 312.332 4.096
202406 3.893 314.175 4.092
202409 3.961 315.301 4.148
202412 4.059 315.605 4.247
202503 3.908 319.799 4.035
202506 3.925 322.561 4.018
202509 3.926 324.800 3.991
202512 4.018 324.054 4.094
202603 3.839 330.213 3.839

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 ₪3.80 mean?
Kardan Real Estate Enterprise And Development (XTAE:KARE) has a Cyclically Adjusted Book per Share of ₪3.80 as of Mar. 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 Kardan Real Estate Enterprise And Development and its competitors.
Is Kardan Real Estate Enterprise And Development's Cyclically Adjusted Book per Share too high?
Kardan Real Estate Enterprise And Development's current Cyclically Adjusted Book per Share is ₪3.80. Overall, Kardan Real Estate Enterprise And Development has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kardan Real Estate Enterprise And Development's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Kardan Real Estate Enterprise And Development's Cyclically Adjusted Book per Share of ₪3.80 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 Kardan Real Estate Enterprise And Development and its competitors. Kardan Real Estate Enterprise And Development's current Cyclically Adjusted Book per Share is ₪3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kardan Real Estate Enterprise And Development stock overvalued right now?
Based on GuruFocus' analysis, Kardan Real Estate Enterprise And Development (XTAE:KARE) is currently considered Fairly Valued. The stock's GF Value™ is ₪4.50, compared to a current price of ₪4.26 — trading 5.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₪3.80. Kardan Real Estate Enterprise And Development's overall GF Score™ is 70/100 with 11 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 Kardan Real Estate Enterprise And Development (XTAE:KARE), the current Cyclically Adjusted Book per Share is ₪3.80 as of Mar. 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 Kardan Real Estate Enterprise And Development (XTAE:KARE) Overvalued in 2026?

Based on GuruFocus' analysis, Kardan Real Estate Enterprise And Development stock appears to be undervalued. The current stock price of ₪4.26 is trading 5.3% below its estimated GF Value™ of ₪4.50. GuruFocus considers Kardan Real Estate Enterprise And Development to be Fairly Valued.

Key valuation signals for XTAE:KARE:

  • Cyclically Adjusted Book per Share: ₪3.80
  • GF Value™: ₪4.50 vs. price of ₪4.26 (5.3% below fair value)
  • GF Score™: 70/100 with 11 warning signs

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


Kardan Real Estate Enterprise And Development Business Description

Address 154 Menachem Begin Road, Tel Aviv-Jaffa, ISR
Kardan Real Estate Enterprise And Development Ltd is engaged in the construction, sale and rental of residential, commercial and industrial building. It also provides promotion and development of residential projects and properties.
70GF Score

Get the complete analysis for XTAE:KARE

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

₪4.26
Price
₪4.50
GF Value