AKR (Acadia Realty Trust) Cyclically Adjusted PB Ratio: 1.06 (As of Aug. 01, 2026) — Near Median

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AKR Acadia Realty Trust AKR
65 GF Score
Price $22.47
GF Value $17.44
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Acadia Realty Trust Cyclically Adjusted PB Ratio?

Acadia Realty Trust AKR +0.18% 65 Cyclically Adjusted PB Ratio is 1.06 as of Aug. 01, 2026, which is 6% below its 10-year median of 1.13. GuruFocus rates AKR with a GF Score™ of 65/100 and a GF Value™ of $17.44 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 554 REITs companies, Acadia Realty Trust ranks worse than 65.7% on this metric.

As of today (2026-08-01), Acadia Realty Trust's current share price is $22.47. Acadia Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $21.20. Acadia Realty Trust's Cyclically Adjusted PB Ratio for today is 1.06.

The historical rank and industry rank for Acadia Realty Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

AKR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.13   Max: 3.36
Current: 1.06

During the past years, Acadia Realty Trust's highest Cyclically Adjusted PB Ratio was 3.36. The lowest was 0.59. And the median was 1.13.

AKR's Cyclically Adjusted PB Ratio is ranked worse than
65.7% of 554 companies
in the REITs industry
Industry Median: 0.81 vs AKR: 1.06

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.

Acadia Realty Trust's adjusted book value per share data for the three months ended in Jun. 2026 was $17.015. 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 $21.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acadia Realty Trust  (NYSE:AKR) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Acadia Realty Trust Cyclically Adjusted PB Ratio Related Terms


Acadia Realty Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Acadia Realty Trust's Cyclically Adjusted PB Ratio 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.

Acadia Realty Trust Cyclically Adjusted PB Ratio Chart

Acadia Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 0.73 0.84 1.17 0.98

Acadia Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 0.88 0.96 0.98 0.90 0.99

AKR vs UE, FCPT, IVT: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Acadia Realty Trust'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.


Acadia Realty Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


AKR
65GF Score
Acadia Realty Trust AKR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acadia Realty Trust Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Acadia Realty Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.47/21.20
=1.06

* 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.

Acadia Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Acadia Realty Trust'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)
=17.015/333.9520*333.9520
=17.015

Current CPI (Jun. 2026) = 333.9520.

Acadia Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.512 241.428 25.606
201612 19.003 241.432 26.285
201703 18.875 243.801 25.854
201706 18.769 244.955 25.588
201709 18.685 246.819 25.281
201712 18.722 246.524 25.362
201803 18.492 249.554 24.746
201806 18.314 251.989 24.271
201809 18.219 252.439 24.102
201812 17.896 251.233 23.788
201903 17.724 254.202 23.284
201906 17.539 256.143 22.867
201909 17.538 256.759 22.811
201912 17.717 256.974 23.024
202003 16.682 258.115 21.583
202006 16.873 257.797 21.857
202009 16.846 260.280 21.614
202012 16.704 260.474 21.416
202103 16.997 264.877 21.430
202106 16.950 271.696 20.834
202109 17.015 274.310 20.714
202112 17.039 278.802 20.409
202203 17.582 287.504 20.422
202206 17.830 296.311 20.095
202209 17.931 296.808 20.175
202212 17.786 296.797 20.013
202303 17.552 301.836 19.420
202306 17.689 305.109 19.361
202309 17.682 307.789 19.185
202312 17.165 306.746 18.687
202403 17.070 312.332 18.252
202406 16.923 314.175 17.988
202409 16.916 315.301 17.917
202412 17.263 315.605 18.267
202503 17.548 319.799 18.325
202506 17.320 322.561 17.932
202509 17.141 324.800 17.624
202512 16.985 324.054 17.504
202603 17.055 330.213 17.248
202606 17.015 333.952 17.015

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 1.06 mean?
Acadia Realty Trust (AKR) has a Cyclically Adjusted PB Ratio of 1.06 as of Aug. 01, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Acadia Realty Trust and its competitors. This is near median its historical median of 1.13. Over the past decade, Acadia Realty Trust's Cyclically Adjusted PB Ratio has ranged from 0.59 to 3.36. According to the industry distribution chart, Acadia Realty Trust ranks #364 out of 554 companies in the REITs industry, placing it in the top 65.7%.
Is Acadia Realty Trust's Cyclically Adjusted PB Ratio too high?
Acadia Realty Trust's current Cyclically Adjusted PB Ratio of 1.06 is near median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 3.36. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Acadia Realty Trust's value of 1.06 is 30.9% above this industry median. Based on the distribution chart, Acadia Realty Trust ranks #364 out of 554 companies in the REITs industry, which is below the industry midpoint. Overall, Acadia Realty Trust has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acadia Realty Trust's Cyclically Adjusted PB Ratio compare to UE and FCPT?
According to the REITs industry distribution chart, Acadia Realty Trust ranks #364 out of 554 companies for Cyclically Adjusted PB Ratio. This places Acadia Realty Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Acadia Realty Trust's value of 1.06 is 30.9% above this benchmark. Historically, Acadia Realty Trust's own Cyclically Adjusted PB Ratio has ranged from 0.59 to 3.36 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.81, Acadia Realty Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 554 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Acadia Realty Trust's current Cyclically Adjusted PB Ratio of 1.06 is 30.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Acadia Realty Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acadia Realty Trust's current Cyclically Adjusted PB Ratio is 1.06, which is near median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acadia Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Acadia Realty Trust (AKR) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.44, compared to a current price of $22.47 — trading 28.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is near median its 10-year median of 1.13 and 30.9% above the REITs industry median of 0.81. Acadia Realty Trust's overall GF Score™ is 65/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Acadia Realty Trust (AKR), the current Cyclically Adjusted PB Ratio is 1.06 as of Aug. 01, 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 Acadia Realty Trust (AKR) Overvalued in 2026?

Based on GuruFocus' analysis, Acadia Realty Trust stock appears to be overvalued. The current stock price of $22.47 is trading 28.8% above its estimated GF Value™ of $17.44. GuruFocus considers Acadia Realty Trust to be Modestly Overvalued.

Key valuation signals for AKR:

  • Cyclically Adjusted PB Ratio: 1.06 (near median its 10-year median of 1.13)
  • GF Value™: $17.44 vs. price of $22.47 (28.8% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 30.9% above the REITs median (#364 of 554)

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


Acadia Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges WX1:Germany
Address 411 Theodore Fremd Avenue, Suite 300, Rye, NY, USA, 10580
Acadia Realty Trust is a real estate investment trust that specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company operates through three segments: REIT Portfolio segment consists of high-quality retail properties located in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon; Investment Management segment holds the retail real estate in which the company co-invests with high-quality institutional investors; and Structured Financing segment consists of earnings and expenses related to notes and mortgages receivable Fees earned by the company as the general partner or managing member through Investment Management.
65GF Score

Get the complete analysis for AKR

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

$22.47
Price
$17.44
GF Value