APPTF (Automotive Properties Real Estate Investment Trust) Cyclically Adjusted PB Ratio: 0.84 (As of Jul. 10, 2026) — Near Median


APPTF Automotive Properties Real Estate Investment Trust APPTF
51 GF Score
Price $8.56
GF Value $8.47
Valuation Fairly Valued
! 8 Warning Signs
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What is Automotive Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio?

Automotive Properties Real Estate Investment Trust APPTF 51 Cyclically Adjusted PB Ratio is 0.84 as of Jul. 10, 2026, which is 2% below its 10-year median of 0.86. GuruFocus rates APPTF with a GF Score™ of 51/100 and a GF Value™ of $8.47 (Fairly Valued). The stock has 8 warning signs investors should review. Among 561 REITs companies, Automotive Properties Real Estate Investment Trust ranks worse than 56.33% on this metric.

As of today (2026-07-10), Automotive Properties Real Estate Investment Trust's current share price is $8.56. Automotive Properties Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $10.16. Automotive Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.84.

The historical rank and industry rank for Automotive Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

APPTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.86   Max: 0.91
Current: 0.91

During the past years, Automotive Properties Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.74. And the median was 0.86.

APPTF's Cyclically Adjusted PB Ratio is ranked worse than
56.33% of 561 companies
in the REITs industry
Industry Median: 0.82 vs APPTF: 0.91

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.

Automotive Properties Real Estate Investment Trust's adjusted book value per share data for the three months ended in Mar. 2026 was $9.871. 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 $10.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Automotive Properties Real Estate Investment Trust  (OTCPK:APPTF) 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.


Automotive Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms


Automotive Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Automotive Properties Real Estate Investment 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.

Automotive Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Automotive Properties Real Estate Investment 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 0.00 0.00 0.00 0.00 0.83

Automotive Properties Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.78 0.87 0.85 0.83 0.83

APPTF vs EQIX, AMT, DLR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Specialty subindustry, Automotive Properties Real Estate Investment 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.


Automotive Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Automotive Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


APPTF
51GF Score
Automotive Properties Real Estate Investment Trust APPTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Automotive Properties Real Estate Investment 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.

Automotive Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.56/10.16
=0.84

* 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.

Automotive Properties Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Automotive Properties Real Estate Investment Trust'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)
=9.871/132.2623*132.2623
=9.871

Current CPI (Mar. 2026) = 132.2623.

Automotive Properties Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.882 102.002 8.924
201609 6.987 101.765 9.081
201612 7.069 101.449 9.216
201703 7.134 102.634 9.193
201706 7.301 103.029 9.373
201709 8.381 103.345 10.726
201712 8.220 103.345 10.520
201803 8.652 105.004 10.898
201806 8.599 105.557 10.774
201809 8.766 105.636 10.976
201812 8.621 105.399 10.818
201903 7.899 106.979 9.766
201906 7.917 107.690 9.723
201909 7.821 107.611 9.613
201912 7.949 107.769 9.756
202003 7.653 107.927 9.379
202006 7.278 108.401 8.880
202009 7.392 108.164 9.039
202012 8.103 108.559 9.872
202103 8.649 110.298 10.371
202106 9.109 111.720 10.784
202109 9.245 112.905 10.830
202112 9.203 113.774 10.698
202203 9.748 117.646 10.959
202206 10.113 120.806 11.072
202209 9.725 120.648 10.661
202212 9.653 120.964 10.555
202303 9.749 122.702 10.509
202306 10.285 124.203 10.952
202309 10.477 125.230 11.065
202312 10.132 125.072 10.714
202403 10.282 126.258 10.771
202406 10.009 127.522 10.381
202409 10.003 127.285 10.394
202412 9.485 127.364 9.850
202503 9.381 129.181 9.605
202506 9.873 129.892 10.053
202509 9.761 130.287 9.909
202512 9.630 130.366 9.770
202603 9.871 132.262 9.871

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 0.84 mean?
Automotive Properties Real Estate Investment Trust (APPTF) has a Cyclically Adjusted PB Ratio of 0.84 as of Jul. 10, 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 Automotive Properties Real Estate Investment Trust and its competitors. This is near median its historical median of 0.86. Over the past decade, Automotive Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio has ranged from 0.74 to 0.91. According to the industry distribution chart, Automotive Properties Real Estate Investment Trust ranks #316 out of 561 companies in the REITs industry, placing it in the top 56.3%.
Is Automotive Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio too high?
Automotive Properties Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.84 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 0.91. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Automotive Properties Real Estate Investment Trust's value of 0.84 is 2.4% above this industry median. Based on the distribution chart, Automotive Properties Real Estate Investment Trust ranks #316 out of 561 companies in the REITs industry, which is below the industry midpoint. Overall, Automotive Properties Real Estate Investment Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Automotive Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio compare to EQIX and AMT?
According to the REITs industry distribution chart, Automotive Properties Real Estate Investment Trust ranks #316 out of 561 companies for Cyclically Adjusted PB Ratio. This places Automotive Properties Real Estate Investment Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Automotive Properties Real Estate Investment Trust's value of 0.84 is 2.4% above this benchmark. Historically, Automotive Properties Real Estate Investment Trust's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 0.91 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.82, Automotive Properties Real Estate Investment 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 0.82, based on 561 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. Automotive Properties Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.84 is 2.4% 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 Automotive Properties Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automotive Properties Real Estate Investment Trust's current Cyclically Adjusted PB Ratio is 0.84, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automotive Properties Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Automotive Properties Real Estate Investment Trust (APPTF) is currently considered Fairly Valued. The stock's GF Value™ is $8.47, compared to a current price of $8.56 — trading 1.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.84, which is near median its 10-year median of 0.86 and 2.4% above the REITs industry median of 0.82. Automotive Properties Real Estate Investment Trust's overall GF Score™ is 51/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Automotive Properties Real Estate Investment Trust (APPTF), the current Cyclically Adjusted PB Ratio is 0.84 as of Jul. 10, 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 Automotive Properties Real Estate Investment Trust (APPTF) Overvalued in 2026?

Based on GuruFocus' analysis, Automotive Properties Real Estate Investment Trust stock appears to be overvalued. The current stock price of $8.56 is trading 1.1% above its estimated GF Value™ of $8.47. GuruFocus considers Automotive Properties Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for APPTF:

  • Cyclically Adjusted PB Ratio: 0.84 (near median its 10-year median of 0.86)
  • GF Value™: $8.47 vs. price of $8.56 (1.1% above fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 2.4% above the REITs median (#316 of 561)

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


Automotive Properties Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges APR.UN:Canada
Address 133 King Street East, Suite 300, Toronto, ON, CAN, M5C 1G6
Automotive Properties Real Estate Investment Trust is an internally managed, unincorporated open-ended real estate investment trust. Its primary objectives are to provide unitholders with stable, sustainable, and growing cash distributions, and to enhance and expand the REIT's asset portfolio in order to maximise unitholder value. The Trust invests in income-producing automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. It holds a portfolio of high-in-class properties located in strategic urban markets across Canada and the United States.
51GF Score

Get the complete analysis for APPTF

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

$8.56
Price
$8.47
GF Value