Vitania (XTAE:VTNA) Cyclically Adjusted Book per Share: ₪ (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.
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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:VTNA Vitania Ltd XTAE:VTNA
78 GF Score
Price ₪17.13
GF Value ₪21.35
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Vitania Cyclically Adjusted Book per Share?

Vitania XTAE:VTNA 78 Cyclically Adjusted Book per Share is ₪ as of Jun. 2026. GuruFocus rates XTAE:VTNA with a GF Score™ of 78/100 and a GF Value™ of ₪21.35 (Modestly Undervalued). The stock has 8 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.

Vitania's adjusted book value per share for the three months ended in Jun. 2026 was ₪22.366. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Vitania's average Cyclically Adjusted Book Growth Rate was 6.00% 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 (2026-09-20), Vitania's current stock price is ₪17.13. Vitania's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was . Vitania's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vitania was 1.27. The lowest was 0.11. And the median was 0.87.


Vitania  (XTAE:VTNA) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vitania was 1.27. The lowest was 0.11. And the median was 0.87.


Be Aware

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


Vitania Cyclically Adjusted Book per Share Related Terms


Vitania Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Vitania'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.

Vitania Cyclically Adjusted Book per Share Chart

Vitania Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Vitania Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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Vitania Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Vitania'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.


Vitania Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XTAE:VTNA
78GF Score
Vitania Ltd XTAE:VTNA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vitania 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, Vitania'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)
=22.366/333.9520*333.9520
=22.366

Current CPI (Jun. 2026) = 333.9520.

Vitania Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.611 241.428 16.061
201612 12.629 241.432 17.469
201703 12.291 243.801 16.836
201706 12.458 244.955 16.984
201709 12.710 246.819 17.197
201712 13.762 246.524 18.643
201803 13.477 249.554 18.035
201806 13.735 251.989 18.203
201809 14.004 252.439 18.526
201812 15.254 251.233 20.276
201903 14.908 254.202 19.585
201906 15.090 256.143 19.674
201909 15.120 256.759 19.666
201912 17.574 256.974 22.838
202003 16.951 258.115 21.931
202006 16.999 257.797 22.021
202009 17.006 260.280 21.820
202012 19.139 260.474 24.538
202103 18.639 264.877 23.500
202106 18.815 271.696 23.126
202109 19.033 274.310 23.171
202112 21.278 278.802 25.487
202203 20.651 287.504 23.987
202206 21.235 296.311 23.933
202209 21.456 296.808 24.141
202212 22.796 296.797 25.650
202303 22.616 301.836 25.022
202306 23.040 305.109 25.218
202309 23.140 307.789 25.107
202312 23.589 306.746 25.681
202403 23.245 312.332 24.854
202406 23.765 314.175 25.261
202409 23.696 315.301 25.098
202412 24.792 315.605 26.233
202503 24.890 319.799 25.992
202506 23.912 322.561 24.756
202509 23.845 324.800 24.517
202512 22.526 324.054 23.214
202603 22.676 330.213 22.933
202606 22.366 333.952 22.366

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 ₪ mean?
Vitania (XTAE:VTNA) has a Cyclically Adjusted Book per Share of ₪ 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 Vitania and its competitors.
Is Vitania's Cyclically Adjusted Book per Share too high?
Vitania's current Cyclically Adjusted Book per Share is ₪. Overall, Vitania has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitania's Cyclically Adjusted Book per Share compare to competitors?
Vitania's Cyclically Adjusted Book per Share of ₪ 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 Vitania and its competitors. Vitania's current Cyclically Adjusted Book per Share is ₪. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitania stock overvalued right now?
Based on GuruFocus' analysis, Vitania (XTAE:VTNA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪21.35, compared to a current price of ₪17.13 — trading 19.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₪. Vitania's overall GF Score™ is 78/100 with 8 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 Vitania (XTAE:VTNA), the current Cyclically Adjusted Book per Share is ₪ 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 Vitania (XTAE:VTNA) Overvalued in 2026?

Based on GuruFocus' analysis, Vitania stock appears to be undervalued. The current stock price of ₪17.13 is trading 19.8% below its estimated GF Value™ of ₪21.35. GuruFocus considers Vitania to be Modestly Undervalued.

Key valuation signals for XTAE:VTNA:

  • Cyclically Adjusted Book per Share:
  • GF Value™: ₪21.35 vs. price of ₪17.13 (19.8% below fair value)
  • GF Score™: 78/100 with 8 warning signs

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


Vitania Business Description

Address 4 Raul Walenberg Street, Ramat Hachayal, Tel Aviv, ISR
Vitania Ltd is a real estate developer in Israel. The company initiates, develops, constructs, rents and operates yielding properties, which include offices, commercial areas, and shops. It has projects and properties located in areas such as Tel Aviv, Herzliya Pituach and Or Yehuda.
78GF Score

Get the complete analysis for XTAE:VTNA

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

₪17.13
Price
₪21.35
GF Value