Camden Property Trust (BSP:C2PT34) Cyclically Adjusted PB Ratio: 2.35 (As of Aug. 22, 2026) — 20% Below Median

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BSP:C2PT34 Camden Property Trust BSP:C2PT34
73 GF Score
Price R$37.32
GF Value R$37.80
Valuation Fairly Valued
! 9 Warning Signs
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What is Camden Property Trust Cyclically Adjusted PB Ratio?

Camden Property Trust BSP:C2PT34 73 Cyclically Adjusted PB Ratio is 2.35 as of Aug. 22, 2026, which is 20% below its 10-year median of 2.92. GuruFocus rates BSP:C2PT34 with a GF Score™ of 73/100 and a GF Value™ of R$37.80 (Fairly Valued). The stock has 9 warning signs investors should review. Among 549 REITs companies, Camden Property Trust ranks worse than 90.53% on this metric.

As of today (2026-08-22), Camden Property Trust's current share price is R$37.32. Camden Property Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$15.88. Camden Property Trust's Cyclically Adjusted PB Ratio for today is 2.35.

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

BSP:C2PT34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.97   Med: 2.92   Max: 4.88
Current: 2.29

During the past years, Camden Property Trust's highest Cyclically Adjusted PB Ratio was 4.88. The lowest was 1.97. And the median was 2.92.

BSP:C2PT34's Cyclically Adjusted PB Ratio is ranked worse than
90.53% of 549 companies
in the REITs industry
Industry Median: 0.8 vs BSP:C2PT34: 2.29

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.

Camden Property Trust's adjusted book value per share data for the three months ended in Jun. 2026 was R$11.279. 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 R$15.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Camden Property Trust  (BSP:C2PT34) 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.


Camden Property Trust Cyclically Adjusted PB Ratio Related Terms


Camden Property Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Camden Property 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.

Camden Property Trust Cyclically Adjusted PB Ratio Chart

Camden Property 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 4.88 2.78 2.33 2.61 2.40

Camden Property 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 2.47 2.32 2.40 2.09 2.44

BSP:C2PT34 vs AMH, ELS, UDR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Residential subindustry, Camden Property 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.


Camden Property Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


BSP:C2PT34
73GF Score
Camden Property Trust BSP:C2PT34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Camden Property 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.

Camden Property Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.32/15.88
=2.35

* 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.

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

For example, Camden Property 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)
=11.279/333.9520*333.9520
=11.279

Current CPI (Jun. 2026) = 333.9520.

Camden Property Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.936 241.428 9.594
201612 7.103 241.432 9.825
201703 6.574 243.801 9.005
201706 6.878 244.955 9.377
201709 7.836 246.819 10.602
201712 8.294 246.524 11.235
201803 8.190 249.554 10.960
201806 9.075 251.989 12.027
201809 9.787 252.439 12.947
201812 9.388 251.233 12.479
201903 9.723 254.202 12.773
201906 9.649 256.143 12.580
201909 10.222 256.759 13.295
201912 10.266 256.974 13.341
202003 11.825 258.115 15.299
202006 12.341 257.797 15.987
202009 12.685 260.280 16.275
202012 12.191 260.474 15.630
202103 12.872 264.877 16.229
202106 12.452 271.696 15.305
202109 13.458 274.310 16.384
202112 15.395 278.802 18.440
202203 13.298 287.504 15.446
202206 16.218 296.311 18.278
202209 16.619 296.808 18.699
202212 16.455 296.797 18.515
202303 16.120 301.836 17.835
202306 14.984 305.109 16.400
202309 15.071 307.789 16.352
202312 15.310 306.746 16.668
202403 15.410 312.332 16.477
202406 16.438 314.175 17.473
202409 16.494 315.301 17.470
202412 17.913 315.605 18.954
202503 16.667 319.799 17.405
202506 15.952 322.561 16.515
202509 15.320 324.800 15.752
202512 14.992 324.054 15.450
202603 13.848 330.213 14.005
202606 11.279 333.952 11.279

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 2.35 mean?
Camden Property Trust (BSP:C2PT34) has a Cyclically Adjusted PB Ratio of 2.35 as of Aug. 22, 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 Camden Property Trust and its competitors. This is 20% below median its historical median of 2.92. Over the past decade, Camden Property Trust's Cyclically Adjusted PB Ratio has ranged from 1.97 to 4.88. According to the industry distribution chart, Camden Property Trust ranks #497 out of 549 companies in the REITs industry, placing it in the top 90.5%.
Is Camden Property Trust's Cyclically Adjusted PB Ratio too high?
Camden Property Trust's current Cyclically Adjusted PB Ratio of 2.35 is 20% below median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 4.88. The REITs industry median Cyclically Adjusted PB Ratio is 0.80. Camden Property Trust's value of 2.35 is 193.8% above this industry median. Based on the distribution chart, Camden Property Trust ranks #497 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Camden Property Trust has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Camden Property Trust's Cyclically Adjusted PB Ratio compare to AMH and ELS?
According to the REITs industry distribution chart, Camden Property Trust ranks #497 out of 549 companies for Cyclically Adjusted PB Ratio. This places Camden Property Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.80. Camden Property Trust's value of 2.35 is 193.8% above this benchmark. Historically, Camden Property Trust's own Cyclically Adjusted PB Ratio has ranged from 1.97 to 4.88 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 0.80, Camden Property 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 0.80, based on 549 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. Camden Property Trust's current Cyclically Adjusted PB Ratio of 2.35 is 193.8% 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 Camden Property Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Camden Property Trust's current Cyclically Adjusted PB Ratio is 2.35, which is 20% below median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camden Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Camden Property Trust (BSP:C2PT34) is currently considered Fairly Valued. The stock's GF Value™ is R$37.80, compared to a current price of R$37.32 — trading 1.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.35, which is 20% below median its 10-year median of 2.92 and 193.8% above the REITs industry median of 0.80. Camden Property Trust's overall GF Score™ is 73/100 with 9 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 Camden Property Trust (BSP:C2PT34), the current Cyclically Adjusted PB Ratio is 2.35 as of Aug. 22, 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 Camden Property Trust (BSP:C2PT34) Overvalued in 2026?

Based on GuruFocus' analysis, Camden Property Trust stock appears to be undervalued. The current stock price of R$37.32 is trading 1.3% below its estimated GF Value™ of R$37.80. GuruFocus considers Camden Property Trust to be Fairly Valued.

Key valuation signals for BSP:C2PT34:

  • Cyclically Adjusted PB Ratio: 2.35 (20% below median its 10-year median of 2.92)
  • GF Value™: R$37.80 vs. price of R$37.32 (1.3% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 193.8% above the REITs median (#497 of 549)

No single metric tells the full story. See the BSP:C2PT34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Camden Property Trust Business Description

Industry Real EstateREITs
Other Exchanges CPT:USACAL:Germany
Address 2800 Post Oak Boulevard, Suite 2700, Houston, TX, USA, 77056
Camden Property Trust is a real estate investment trust engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owned interests in, operated, or developing nearly 175 multifamily properties comprised of nearly 59,921 apartment homes across the United States.
73GF Score

Get the complete analysis for BSP:C2PT34

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

R$37.32
Price
R$37.80
GF Value