Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) Cyclically Adjusted Book per Share: ₪23.88 (As of Jun. 2026)

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XTAE:SRFT Zvi Sarfati & Sons Investments & Constructions Ltd XTAE:SRFT
71 GF Score
Price ₪33.84
GF Value ₪32.45
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Zvirfati & Sons Investmentsnstructions Cyclically Adjusted Book per Share?

Zvirfati & Sons Investmentsnstructions XTAE:SRFT +2.45% 71 Cyclically Adjusted Book per Share is ₪23.88 as of Jun. 2026. GuruFocus rates XTAE:SRFT with a GF Score™ of 71/100 and a GF Value™ of ₪32.45 (Fairly Valued). 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.

Zvirfati & Sons Investmentsnstructions's adjusted book value per share for the three months ended in Jun. 2026 was ₪31.537. 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 ₪23.88 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Zvirfati & Sons Investmentsnstructions's average Cyclically Adjusted Book Growth Rate was 11.60% 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 (2026-09-06), Zvirfati & Sons Investmentsnstructions's current stock price is ₪33.84. Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₪23.88. Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted PB Ratio of today is 1.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zvirfati & Sons Investmentsnstructions was 2.37. The lowest was 1.13. And the median was 2.00.


Zvirfati & Sons Investmentsnstructions  (XTAE:SRFT) 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.

Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.84/23.88
=1.42

* 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 Zvirfati & Sons Investmentsnstructions was 2.37. The lowest was 1.13. And the median was 2.00.


Be Aware

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


Zvirfati & Sons Investmentsnstructions Cyclically Adjusted Book per Share Related Terms


Zvirfati & Sons Investmentsnstructions Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Zvirfati & Sons Investmentsnstructions'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.

Zvirfati & Sons Investmentsnstructions Cyclically Adjusted Book per Share Chart

Zvirfati & Sons Investmentsnstructions 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 20.22 22.35

Zvirfati & Sons Investmentsnstructions 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 21.40 21.98 22.35 23.19 23.88

Zvirfati & Sons Investmentsnstructions Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Zvirfati & Sons Investmentsnstructions'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.


Zvirfati & Sons Investmentsnstructions Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted PB Ratio falls into.


XTAE:SRFT
71GF Score
Zvi Sarfati & Sons Investments & Constructions Ltd XTAE:SRFT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zvirfati & Sons Investmentsnstructions 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, Zvirfati & Sons Investmentsnstructions'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)
=31.537/333.9520*333.9520
=31.537

Current CPI (Jun. 2026) = 333.9520.

Zvirfati & Sons Investmentsnstructions Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.445 241.428 14.448
201612 9.984 241.432 13.810
201703 9.962 243.801 13.646
201706 8.582 244.955 11.700
201709 10.573 246.819 14.306
201712 11.700 246.524 15.849
201803 13.062 249.554 17.480
201806 13.319 251.989 17.651
201809 14.950 252.439 19.777
201812 15.224 251.233 20.237
201903 15.577 254.202 20.464
201906 15.790 256.143 20.587
201909 15.724 256.759 20.451
201912 15.460 256.974 20.091
202003 15.285 258.115 19.776
202006 15.470 257.797 20.040
202009 14.784 260.280 18.969
202012 14.854 260.474 19.044
202103 14.918 264.877 18.808
202106 15.930 271.696 19.580
202109 16.550 274.310 20.148
202112 22.426 278.802 26.862
202203 23.536 287.504 27.338
202206 23.354 296.311 26.321
202209 23.958 296.808 26.956
202212 27.792 296.797 31.271
202303 27.590 301.836 30.526
202306 28.035 305.109 30.685
202309 28.476 307.789 30.897
202312 28.820 306.746 31.376
202403 29.227 312.332 31.250
202406 29.036 314.175 30.864
202409 29.672 315.301 31.427
202412 30.155 315.605 31.908
202503 30.588 319.799 31.942
202506 28.764 322.561 29.780
202509 31.653 324.800 32.545
202512 31.551 324.054 32.515
202603 31.827 330.213 32.187
202606 31.537 333.952 31.537

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 ₪23.88 mean?
Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) has a Cyclically Adjusted Book per Share of ₪23.88 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 Zvirfati & Sons Investmentsnstructions and its competitors.
Is Zvirfati & Sons Investmentsnstructions' Cyclically Adjusted Book per Share too high?
Zvirfati & Sons Investmentsnstructions' current Cyclically Adjusted Book per Share is ₪23.88. Overall, Zvirfati & Sons Investmentsnstructions has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zvirfati & Sons Investmentsnstructions' Cyclically Adjusted Book per Share compare to competitors?
Zvirfati & Sons Investmentsnstructions' Cyclically Adjusted Book per Share of ₪23.88 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 Zvirfati & Sons Investmentsnstructions and its competitors. Zvirfati & Sons Investmentsnstructions's current Cyclically Adjusted Book per Share is ₪23.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zvirfati & Sons Investmentsnstructions stock overvalued right now?
Based on GuruFocus' analysis, Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) is currently considered Fairly Valued. The stock's GF Value™ is ₪32.45, compared to a current price of ₪33.84 — trading 4.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₪23.88. Zvirfati & Sons Investmentsnstructions' overall GF Score™ is 71/100 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 Zvirfati & Sons Investmentsnstructions (XTAE:SRFT), the current Cyclically Adjusted Book per Share is ₪23.88 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 Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) Overvalued in 2026?

Based on GuruFocus' analysis, Zvirfati & Sons Investmentsnstructions stock appears to be overvalued. The current stock price of ₪33.84 is trading 4.3% above its estimated GF Value™ of ₪32.45. GuruFocus considers Zvirfati & Sons Investmentsnstructions to be Fairly Valued.

Key valuation signals for XTAE:SRFT:

  • Cyclically Adjusted Book per Share: ₪23.88
  • GF Value™: ₪32.45 vs. price of ₪33.84 (4.3% above fair value)
  • GF Score™: 71/100 with 9 warning signs

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


Zvirfati & Sons Investmentsnstructions Business Description

Address 91 Herzl Street, French house, Rishon Le'zion, ISR, 7526201
Zvi Sarfati & Sons Investments & Constructions Ltd is an Israel based real estate company. It is engaged in construction of real estate properties such as office buildings, residential housing & store spaces. Its projects include Beer Yaakov, Pardes Hanna, Ness Ziona, Kiryat Ono.
71GF Score

Get the complete analysis for XTAE:SRFT

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

₪33.84
Price
₪32.45
GF Value