BRX (Brixmor Property Group) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

BRX Brixmor Property Group Inc BRX
78 GF Score
Price $27.95
GF Value $27.77
Valuation Fairly Valued
! 6 Warning Signs
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What is Brixmor Property Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Brixmor Property Group  (NYSE:BRX) 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.


Brixmor Property Group Cyclically Adjusted PB Ratio Related Terms


Brixmor Property Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brixmor Property Group'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.

Brixmor Property Group Cyclically Adjusted PB Ratio Chart

Brixmor Property Group 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 2.22 1.92 2.07 2.48 2.35

Brixmor Property Group 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 2.30 2.45 2.35 2.55 2.78

BRX vs ADC, NNN, FRT: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Brixmor Property Group'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.


Brixmor Property Group Cyclically Adjusted PB Ratio vs REITs Industry

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

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


BRX
78GF Score
Brixmor Property Group Inc BRX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brixmor Property Group 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.

Brixmor Property Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Brixmor Property Group'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)
=9.947/333.9520*333.9520
=9.947

Current CPI (Jun. 2026) = 333.9520.

Brixmor Property Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.492 241.428 13.130
201612 9.618 241.432 13.304
201703 9.582 243.801 13.125
201706 9.562 244.955 13.036
201709 9.580 246.819 12.962
201712 9.547 246.524 12.933
201803 9.450 249.554 12.646
201806 9.441 251.989 12.512
201809 9.584 252.439 12.679
201812 9.502 251.233 12.631
201903 9.372 254.202 12.312
201906 9.281 256.143 12.100
201909 9.264 256.759 12.049
201912 9.212 256.974 11.972
202003 9.004 258.115 11.649
202006 9.038 257.797 11.708
202009 9.154 260.280 11.745
202012 9.041 260.474 11.591
202103 8.996 264.877 11.342
202106 9.106 271.696 11.193
202109 9.066 274.310 11.037
202112 9.146 278.802 10.955
202203 9.261 287.504 10.757
202206 9.354 296.311 10.542
202209 9.430 296.808 10.610
202212 9.553 296.797 10.749
202303 9.608 301.836 10.630
202306 9.568 305.109 10.472
202309 9.542 307.789 10.353
202312 9.482 306.746 10.323
202403 9.489 312.332 10.146
202406 9.475 314.175 10.071
202409 9.536 315.301 10.100
202412 9.768 315.605 10.336
202503 9.652 319.799 10.079
202506 9.648 322.561 9.989
202509 9.680 324.800 9.953
202512 9.833 324.054 10.133
202603 9.897 330.213 10.009
202606 9.947 333.952 9.947

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.

Is Brixmor Property Group (BRX) Overvalued in 2026?

Based on GuruFocus' analysis, Brixmor Property Group stock appears to be overvalued. The current stock price of $27.95 is trading 0.6% above its estimated GF Value™ of $27.77. GuruFocus considers Brixmor Property Group to be Fairly Valued.

Key valuation signals for BRX:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $27.77 vs. price of $27.95 (0.6% above fair value)
  • GF Score™: 78/100 with 6 warning signs

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


Brixmor Property Group Business Description

Industry Real EstateREITs
Other Exchanges BXR:Germany
Address 100 Park Avenue, Suite 600N, New York, NY, USA, 10017
Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.
78GF Score

Get the complete analysis for BRX

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

$27.95
Price
$27.77
GF Value