ARR (ARMOUR Residential REIT) Cyclically Adjusted PB Ratio: 0.17 (As of Jul. 14, 2026) — 19% Below Median

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ARR ARMOUR Residential REIT Inc ARR
33 GF Score
Price $16.87
! 4 Warning Signs
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What is ARMOUR Residential REIT Cyclically Adjusted PB Ratio?

ARMOUR Residential REIT ARR -1.06% 33 Cyclically Adjusted PB Ratio is 0.17 as of Jul. 14, 2026, which is 19% below its 10-year median of 0.21. GuruFocus rates ARR with a GF Scoreâ„¢ of 33/100. The stock has 4 warning signs investors should review. Among 559 REITs companies, ARMOUR Residential REIT ranks better than 93.38% on this metric.

As of today (2026-07-14), ARMOUR Residential REIT's current share price is $16.87. ARMOUR Residential REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $100.64. ARMOUR Residential REIT's Cyclically Adjusted PB Ratio for today is 0.17.

The historical rank and industry rank for ARMOUR Residential REIT's Cyclically Adjusted PB Ratio or its related term are showing as below:

ARR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.21   Max: 0.55
Current: 0.17

During the past years, ARMOUR Residential REIT's highest Cyclically Adjusted PB Ratio was 0.55. The lowest was 0.09. And the median was 0.21.

ARR's Cyclically Adjusted PB Ratio is ranked better than
93.38% of 559 companies
in the REITs industry
Industry Median: 0.82 vs ARR: 0.17

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.

ARMOUR Residential REIT's adjusted book value per share data for the three months ended in Mar. 2026 was $18.903. 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 $100.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ARMOUR Residential REIT  (NYSE:ARR) 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.


ARMOUR Residential REIT Cyclically Adjusted PB Ratio Related Terms


ARMOUR Residential REIT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ARMOUR Residential REIT'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.

ARMOUR Residential REIT Cyclically Adjusted PB Ratio Chart

ARMOUR Residential REIT 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 0.26 0.17 0.13 0.15 0.17

ARMOUR Residential REIT 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 0.14 0.15 0.14 0.17 0.17

ARR vs EFC, DX, ARI: Cyclically Adjusted PB Ratio Comparison

For the REIT - Mortgage subindustry, ARMOUR Residential REIT'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.


ARMOUR Residential REIT Cyclically Adjusted PB Ratio vs REITs Industry

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

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


ARR
33GF Score
ARMOUR Residential REIT Inc ARR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ARMOUR Residential REIT 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.

ARMOUR Residential REIT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.87/100.64
=0.17

* 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.

ARMOUR Residential REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ARMOUR Residential REIT'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)
=18.903/330.2130*330.2130
=18.903

Current CPI (Mar. 2026) = 330.2130.

ARMOUR Residential REIT Quarterly Data

Book Value per Share CPI Adj_Book
201606 155.225 241.018 212.670
201609 166.187 241.428 227.302
201612 148.680 241.432 203.354
201703 154.831 243.801 209.709
201706 155.809 244.955 210.039
201709 157.885 246.819 211.230
201712 158.333 246.524 212.083
201803 148.545 249.554 196.557
201806 143.871 251.989 188.532
201809 142.703 252.439 186.668
201812 128.753 251.233 169.229
201903 124.322 254.202 161.497
201906 116.239 256.143 149.852
201909 117.417 256.759 151.008
201912 122.013 256.974 156.787
202003 66.767 258.115 85.417
202006 65.793 257.797 84.274
202009 68.922 260.280 87.440
202012 71.856 260.474 91.095
202103 73.633 264.877 91.796
202106 66.699 271.696 81.064
202109 65.197 274.310 78.484
202112 60.731 278.802 71.930
202203 50.913 287.504 58.476
202206 43.978 296.311 49.010
202209 35.604 296.808 39.611
202212 34.140 296.797 37.984
202303 31.643 301.836 34.618
202306 31.018 305.109 33.570
202309 25.228 307.789 27.066
202312 26.049 306.746 28.042
202403 25.581 312.332 27.046
202406 23.813 314.175 25.029
202409 23.859 315.301 24.987
202412 21.813 315.605 22.823
202503 20.674 319.799 21.347
202506 18.848 322.561 19.295
202509 19.024 324.800 19.341
202512 20.203 324.054 20.587
202603 18.903 330.213 18.903

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 0.17 mean?
ARMOUR Residential REIT (ARR) has a Cyclically Adjusted PB Ratio of 0.17 as of Jul. 14, 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 ARMOUR Residential REIT and its competitors. This is 19% below median its historical median of 0.21. Over the past decade, ARMOUR Residential REIT's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.55. According to the industry distribution chart, ARMOUR Residential REIT ranks #37 out of 559 companies in the REITs industry, placing it in the top 6.6%.
Is ARMOUR Residential REIT's Cyclically Adjusted PB Ratio too high?
ARMOUR Residential REIT's current Cyclically Adjusted PB Ratio of 0.17 is 19% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.55. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. ARMOUR Residential REIT's value of 0.17 is 79.3% below this industry median. Based on the distribution chart, ARMOUR Residential REIT ranks #37 out of 559 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, ARMOUR Residential REIT has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does ARMOUR Residential REIT's Cyclically Adjusted PB Ratio compare to EFC and DX?
According to the REITs industry distribution chart, ARMOUR Residential REIT ranks #37 out of 559 companies for Cyclically Adjusted PB Ratio. This places ARMOUR Residential REIT in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.82. ARMOUR Residential REIT's value of 0.17 is 79.3% below this benchmark. Historically, ARMOUR Residential REIT's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.55 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.82, ARMOUR Residential REIT 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.82, based on 559 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. ARMOUR Residential REIT's current Cyclically Adjusted PB Ratio of 0.17 is 79.3% 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 ARMOUR Residential REIT 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. ARMOUR Residential REIT's current Cyclically Adjusted PB Ratio is 0.17, which is 19% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARMOUR Residential REIT stock overvalued right now?
ARMOUR Residential REIT (ARR) has a current Cyclically Adjusted PB Ratio of 0.17. The current Cyclically Adjusted PB Ratio is 0.17, which is 19% below median its 10-year median of 0.21 and 79.3% below the REITs industry median of 0.82. ARMOUR Residential REIT's overall GF Score™ is 33/100 with 4 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 ARMOUR Residential REIT (ARR), the current Cyclically Adjusted PB Ratio is 0.17 as of Jul. 14, 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.

ARMOUR Residential REIT Business Description

Industry Real EstateREITs
Address 3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963
ARMOUR Residential REIT Inc operate in the U.S. and invest in fixed rate residential, adjustable rate and hybrid adjustable rate residential MBS issued or guaranteed by U.S. GSEs or guaranteed by Ginnie Mae. It also invest in U.S. Treasury Securities and money market instruments.
33GF Score

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

$16.87
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