Mishorim Real Estate Investments (XTAE:MSHR) Cyclically Adjusted Book per Share: ₪18.81 (As of Mar. 2026)

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XTAE:MSHR Mishorim Real Estate Investments Ltd XTAE:MSHR
46 GF Score
Price ₪3.30
GF Value ₪4.98
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Mishorim Real Estate Investments Cyclically Adjusted Book per Share?

Mishorim Real Estate Investments XTAE:MSHR -1.90% 46 Cyclically Adjusted Book per Share is ₪18.81 as of Mar. 2026. GuruFocus rates XTAE:MSHR with a GF Score™ of 46/100 and a GF Value™ of ₪4.98 (Possible Value Trap). 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.

Mishorim Real Estate Investments's adjusted book value per share for the three months ended in Mar. 2026 was ₪14.587. 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 ₪18.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mishorim Real Estate Investments's average Cyclically Adjusted Book Growth Rate was 6.40% 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 (2026-07-26), Mishorim Real Estate Investments's current stock price is ₪3.30. Mishorim Real Estate Investments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₪18.81. Mishorim Real Estate Investments's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mishorim Real Estate Investments was 0.45. The lowest was 0.15. And the median was 0.39.


Mishorim Real Estate Investments  (XTAE:MSHR) 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.

Mishorim Real Estate Investments's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.30/18.81
=0.18

* 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 Mishorim Real Estate Investments was 0.45. The lowest was 0.15. And the median was 0.39.


Be Aware

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


Mishorim Real Estate Investments Cyclically Adjusted Book per Share Related Terms


Mishorim Real Estate Investments Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mishorim Real Estate Investments'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.

Mishorim Real Estate Investments Cyclically Adjusted Book per Share Chart

Mishorim Real Estate Investments 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 17.41 18.34

Mishorim Real Estate Investments 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 17.68 17.97 18.27 18.34 18.81

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

For the Real Estate Services subindustry, Mishorim Real Estate Investments'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.


Mishorim Real Estate Investments Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Mishorim Real Estate Investments's Cyclically Adjusted PB Ratio falls into.


XTAE:MSHR
46GF Score
Mishorim Real Estate Investments Ltd XTAE:MSHR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mishorim Real Estate Investments 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, Mishorim Real Estate Investments'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)
=14.587/330.2130*330.2130
=14.587

Current CPI (Mar. 2026) = 330.2130.

Mishorim Real Estate Investments Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.514 241.018 10.295
201609 8.902 241.428 12.176
201612 13.634 241.432 18.648
201703 12.744 243.801 17.261
201706 12.376 244.955 16.684
201709 12.862 246.819 17.208
201712 13.696 246.524 18.345
201803 13.497 249.554 17.859
201806 14.400 251.989 18.870
201809 14.373 252.439 18.801
201812 15.878 251.233 20.870
201903 15.377 254.202 19.975
201906 15.300 256.143 19.724
201909 15.020 256.759 19.317
201912 16.711 256.974 21.474
202003 15.804 258.115 20.218
202006 13.942 257.797 17.858
202009 13.822 260.280 17.536
202012 13.668 260.474 17.327
202103 14.221 264.877 17.729
202106 14.465 271.696 17.580
202109 15.424 274.310 18.567
202112 16.741 278.802 19.828
202203 17.459 287.504 20.053
202206 19.650 296.311 21.898
202209 18.955 296.808 21.088
202212 20.405 296.797 22.702
202303 20.989 301.836 22.962
202306 21.261 305.109 23.010
202309 21.420 307.789 22.981
202312 20.356 306.746 21.913
202403 19.685 312.332 20.812
202406 19.704 314.175 20.710
202409 17.759 315.301 18.599
202412 18.926 315.605 19.802
202503 19.060 319.799 19.681
202506 16.569 322.561 16.962
202509 15.069 324.800 15.320
202512 14.826 324.054 15.108
202603 14.587 330.213 14.587

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 ₪18.81 mean?
Mishorim Real Estate Investments (XTAE:MSHR) has a Cyclically Adjusted Book per Share of ₪18.81 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 Mishorim Real Estate Investments and its competitors.
Is Mishorim Real Estate Investments' Cyclically Adjusted Book per Share too high?
Mishorim Real Estate Investments' current Cyclically Adjusted Book per Share is ₪18.81. Overall, Mishorim Real Estate Investments has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mishorim Real Estate Investments' Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Mishorim Real Estate Investments' Cyclically Adjusted Book per Share of ₪18.81 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 Mishorim Real Estate Investments and its competitors. Mishorim Real Estate Investments's current Cyclically Adjusted Book per Share is ₪18.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mishorim Real Estate Investments stock overvalued right now?
Based on GuruFocus' analysis, Mishorim Real Estate Investments (XTAE:MSHR) is currently considered Possible Value Trap. The stock's GF Value™ is ₪4.98, compared to a current price of ₪3.30 — trading 33.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₪18.81. Mishorim Real Estate Investments' overall GF Score™ is 46/100 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 Mishorim Real Estate Investments (XTAE:MSHR), the current Cyclically Adjusted Book per Share is ₪18.81 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 Mishorim Real Estate Investments (XTAE:MSHR) Overvalued in 2026?

Based on GuruFocus' analysis, Mishorim Real Estate Investments stock appears to be undervalued. The current stock price of ₪3.30 is trading 33.7% below its estimated GF Value™ of ₪4.98. GuruFocus considers Mishorim Real Estate Investments to be Possible Value Trap.

Key valuation signals for XTAE:MSHR:

  • Cyclically Adjusted Book per Share: ₪18.81
  • GF Value™: ₪4.98 vs. price of ₪3.30 (33.7% below fair value)
  • GF Score™: 46/100 with 3 warning signs

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


Mishorim Real Estate Investments Business Description

Address 11 Ben Gurion Street, Vita Towers, Bnei Brak Entrance A, 6th floor, Bnei Brak, ISR, 49514
Mishorim Real Estate Investments Ltd operates as a real estate development company. The Company's operations focus on the acquisition and improvement of quality properties. It is engaged in the investment in yielding real estate, commercial properties, and office buildings in Israel and the USA.
46GF Score

Get the complete analysis for XTAE:MSHR

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

₪3.30
Price
₪4.98
GF Value