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American Realty InvestorsARL +2.10%61 Cyclically Adjusted PB Ratio is 0.63 as of Sep. 11, 2026, which is 44% below its 10-year median of 1.12. GuruFocus rates ARL with a GF Score™ of 61/100 and a GF Value™ of $16.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,301 Real Estate companies, American Realty Investors ranks better than 52.81% on this metric.
The historical rank and industry rank for American Realty Investors's Cyclically Adjusted PB Ratio or its related term are showing as below:
ARL'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48 Med: 1.12 Max: 2.25
Current: 0.62
During the past years, American Realty Investors's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.48. And the median was 1.12.
ARL's Cyclically Adjusted PB Ratio is ranked better than 52.81% of 1301
companies
in the Real Estate industry
Industry Median: 0.67
vs ARL: 0.62
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.
American Realty Investors's adjusted book value per share data for the three months ended in Jun. 2026 was $38.190. 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 $25.48 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
American Realty Investors (NYSE:ARL) 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.
American Realty Investors Cyclically Adjusted PB Ratio Related Terms
American Realty Investors Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for American Realty Investors'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.
American Realty Investors Cyclically Adjusted PB Ratio Chart
ARL vs RMAX, NTPIF, CHCI: Cyclically Adjusted PB Ratio Comparison
For the Real Estate Services subindustry, American Realty Investors'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.
American Realty Investors Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, American Realty Investors's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where American Realty Investors's Cyclically Adjusted PB Ratio falls into.
American Realty Investors 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.
* 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.
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 0.63 mean?
American Realty Investors (ARL) has a Cyclically Adjusted PB Ratio of 0.63 as of Sep. 11, 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 American Realty Investors and its competitors. This is 44% below median its historical median of 1.12. Over the past decade, American Realty Investors' Cyclically Adjusted PB Ratio has ranged from 0.48 to 2.25. According to the industry distribution chart, American Realty Investors ranks #614 out of 1301 companies in the Real Estate industry, placing it in the top 47.2%.
Is American Realty Investors' Cyclically Adjusted PB Ratio too high?
American Realty Investors' current Cyclically Adjusted PB Ratio of 0.63 is 44% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.25. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. American Realty Investors' value of 0.63 is 6% below this industry median. Based on the distribution chart, American Realty Investors ranks #614 out of 1301 companies in the Real Estate industry, which is above the industry midpoint. Overall, American Realty Investors has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does American Realty Investors' Cyclically Adjusted PB Ratio compare to RMAX and NTPIF?
According to the Real Estate industry distribution chart, American Realty Investors ranks #614 out of 1301 companies for Cyclically Adjusted PB Ratio. This puts American Realty Investors in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. American Realty Investors' value of 0.63 is 6% below this benchmark. Historically, American Realty Investors' own Cyclically Adjusted PB Ratio has ranged from 0.48 to 2.25 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 0.67, American Realty Investors has consistently been below 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,301 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. American Realty Investors's current Cyclically Adjusted PB Ratio of 0.63 is 6% below 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 American Realty Investors and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Realty Investors's current Cyclically Adjusted PB Ratio is 0.63, which is 44% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Realty Investors stock overvalued right now?
Based on GuruFocus' analysis, American Realty Investors (ARL) is currently considered Fairly Valued. The stock's GF Value™ is $16.41, compared to a current price of $16.08 — trading 2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.63, which is 44% below median its 10-year median of 1.12 and 6% below the Real Estate industry median of 0.67. American Realty Investors' overall GF Score™ is 61/100 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 American Realty Investors (ARL), the current Cyclically Adjusted PB Ratio is 0.63 as of Sep. 11, 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 American Realty Investors (ARL) Overvalued in 2026?
Based on GuruFocus' analysis, American Realty Investors stock appears to be undervalued.
The current stock price of $16.08 is trading 2% below its estimated GF Value™ of $16.41.
GuruFocus considers American Realty Investors to be Fairly Valued.
Key valuation signals for ARL:
Cyclically Adjusted PB Ratio: 0.63 (44% below median its 10-year median of 1.12)
GF Value™: $16.41 vs. price of $16.08 (2% below fair value)
Industry Position: 6% below the Real Estate median (#614 of 1301)
No single metric tells the full story. See the ARL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Realty Investors Inc is a fully integrated externally managed real estate company. The company operates high-quality multifamily and commercial properties throughout the Southern United States and also invests in mortgage notes receivable and in land that is either held for appreciation or development. It operates in two reportable segments: the acquisition, development, ownership and management of multifamily properties (Residential Segment) and the acquisition, ownership and management of commercial real estate properties (Commercial Segment). Maximum revenue is generated from its Residential segment, which includes the rental of apartments and other tenants.
61GF Score
Get the complete analysis for ARL
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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