Lahav L R Real Estate (XTAE:LAHAV) Cyclically Adjusted Book per Share: ₪3.24 (As of Mar. 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.

XTAE:LAHAV Lahav L R Real Estate Ltd XTAE:LAHAV
77 GF Score
Price ₪10.84
GF Value ₪5.91
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Lahav L R Real Estate Cyclically Adjusted Book per Share?

Lahav L R Real Estate XTAE:LAHAV -3.82% 77 Cyclically Adjusted Book per Share is ₪3.24 as of Mar. 2026. GuruFocus rates XTAE:LAHAV with a GF Score™ of 77/100 and a GF Value™ of ₪5.91 (Significantly Overvalued). The stock has 6 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.

Lahav L R Real Estate's adjusted book value per share for the three months ended in Mar. 2026 was ₪5.081. 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 ₪3.24 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 (2026-08-16), Lahav L R Real Estate's current stock price is ₪10.84. Lahav L R Real Estate's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₪3.24. Lahav L R Real Estate's Cyclically Adjusted PB Ratio of today is 3.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lahav L R Real Estate was 3.99. The lowest was 1.81. And the median was 3.02.


Lahav L R Real Estate  (XTAE:LAHAV) 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.

Lahav L R Real Estate's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.84/3.24
=3.35

* 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 Lahav L R Real Estate was 3.99. The lowest was 1.81. And the median was 3.02.


Be Aware

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


Lahav L R Real Estate Cyclically Adjusted Book per Share Related Terms


Lahav L R Real Estate Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Lahav L R Real Estate'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.

Lahav L R Real Estate Cyclically Adjusted Book per Share Chart

Lahav L R Real Estate 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 3.13

Lahav L R Real Estate 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 2.94 3.05 3.13 3.24

XTAE:LAHAV vs CASY, WSM, ULTA: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Lahav L R Real Estate'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.


Lahav L R Real Estate Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lahav L R Real Estate's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lahav L R Real Estate's Cyclically Adjusted PB Ratio falls into.


XTAE:LAHAV
77GF Score
Lahav L R Real Estate Ltd XTAE:LAHAV
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lahav L R Real Estate 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, Lahav L R Real Estate'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)
=5.081/330.2130*330.2130
=5.081

Current CPI (Mar. 2026) = 330.2130.

Lahav L R Real Estate Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 1.198 241.432 1.639
201703 1.112 243.801 1.506
201706 1.134 244.955 1.529
201709 1.132 246.819 1.514
201712 1.352 246.524 1.811
201803 1.275 249.554 1.687
201806 0.834 251.989 1.093
201809 0.991 252.439 1.296
201812 1.342 251.233 1.764
201903 1.165 254.202 1.513
201906 1.901 256.143 2.451
201909 0.807 256.759 1.038
201912 0.979 256.974 1.258
202003 1.872 258.115 2.395
202006 1.903 257.797 2.438
202009 2.074 260.280 2.631
202012 2.639 260.474 3.346
202103 2.714 264.877 3.383
202106 3.106 271.696 3.775
202109 3.122 274.310 3.758
202112 3.204 278.802 3.795
202203 3.215 287.504 3.693
202206 3.596 296.311 4.007
202209 3.698 296.808 4.114
202212 4.101 296.797 4.563
202303 3.862 301.836 4.225
202306 4.314 305.109 4.669
202309 4.418 307.789 4.740
202312 4.340 306.746 4.672
202403 4.179 312.332 4.418
202406 4.345 314.175 4.567
202409 4.635 315.301 4.854
202412 4.486 315.605 4.694
202503 4.549 319.799 4.697
202506 4.375 322.561 4.479
202509 4.980 324.800 5.063
202512 5.000 324.054 5.095
202603 5.081 330.213 5.081

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 ₪3.24 mean?
Lahav L R Real Estate (XTAE:LAHAV) has a Cyclically Adjusted Book per Share of ₪3.24 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 Lahav L R Real Estate and its competitors.
Is Lahav L R Real Estate's Cyclically Adjusted Book per Share too high?
Lahav L R Real Estate's current Cyclically Adjusted Book per Share is ₪3.24. Overall, Lahav L R Real Estate has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lahav L R Real Estate's Cyclically Adjusted Book per Share compare to CASY and WSM?
Lahav L R Real Estate's Cyclically Adjusted Book per Share of ₪3.24 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Lahav L R Real Estate and its competitors. Lahav L R Real Estate's current Cyclically Adjusted Book per Share is ₪3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lahav L R Real Estate stock overvalued right now?
Based on GuruFocus' analysis, Lahav L R Real Estate (XTAE:LAHAV) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪5.91, compared to a current price of ₪10.84 — trading 83.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₪3.24. Lahav L R Real Estate's overall GF Score™ is 77/100 with 6 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 Lahav L R Real Estate (XTAE:LAHAV), the current Cyclically Adjusted Book per Share is ₪3.24 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 Lahav L R Real Estate (XTAE:LAHAV) Overvalued in 2026?

Based on GuruFocus' analysis, Lahav L R Real Estate stock appears to be overvalued. The current stock price of ₪10.84 is trading 83.4% above its estimated GF Value™ of ₪5.91. GuruFocus considers Lahav L R Real Estate to be Significantly Overvalued.

Key valuation signals for XTAE:LAHAV:

  • Cyclically Adjusted Book per Share: ₪3.24
  • GF Value™: ₪5.91 vs. price of ₪10.84 (83.4% above fair value)
  • GF Score™: 77/100 with 6 warning signs

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


Lahav L R Real Estate Business Description

Address 89 Medinat Hayehudim Street, 12th Floor, E Building, P.O. Box 4199, Herzliya, ISR, 46766
Lahav L R Real Estate Ltd invests in income-yielding properties in Israel. It is a part of the Gaon Group. The company is engaged in income-producing real estate in Western Europe and in solar energy. Its real estate properties include shopping centers and office buildings. The company's segments are Real estate in Germany, Renewable Energy, Fuel Products in Israel, Real Estate in Israel, Collection and treatment of waste and operation of a transit station and the majority of its revenue is generated from the Fuel Products in Isreal.
77GF Score

Get the complete analysis for XTAE:LAHAV

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

₪10.84
Price
₪5.91
GF Value