Regency Centers (BSP:R1EG34) Cyclically Adjusted PB Ratio: 1.73 (As of Sep. 03, 2026) — 12% Below Median

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BSP:R1EG34 Regency Centers Corp BSP:R1EG34
64 GF Score
Price R$196.20
GF Value R$200.73
Valuation Fairly Valued
! 6 Warning Signs
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What is Regency Centers Cyclically Adjusted PB Ratio?

Regency Centers BSP:R1EG34 64 Cyclically Adjusted PB Ratio is 1.73 as of Sep. 03, 2026, which is 12% below its 10-year median of 1.96. GuruFocus rates BSP:R1EG34 with a GF Score™ of 64/100 and a GF Value™ of R$200.73 (Fairly Valued). The stock has 6 warning signs investors should review. Among 549 REITs companies, Regency Centers ranks worse than 86.89% on this metric.

As of today (2026-09-03), Regency Centers's current share price is R$196.20. Regency Centers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$113.16. Regency Centers's Cyclically Adjusted PB Ratio for today is 1.73.

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

BSP:R1EG34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.96   Max: 3.93
Current: 1.78

During the past years, Regency Centers's highest Cyclically Adjusted PB Ratio was 3.93. The lowest was 1.24. And the median was 1.96.

BSP:R1EG34's Cyclically Adjusted PB Ratio is ranked worse than
86.89% of 549 companies
in the REITs industry
Industry Median: 0.79 vs BSP:R1EG34: 1.78

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.

Regency Centers's adjusted book value per share data for the three months ended in Mar. 2026 was R$95.228. 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$113.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regency Centers  (BSP:R1EG34) 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.


Regency Centers Cyclically Adjusted PB Ratio Related Terms


Regency Centers Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Regency Centers'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.

Regency Centers Cyclically Adjusted PB Ratio Chart

Regency Centers 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 2.48 1.84 1.83 1.89 1.67

Regency Centers 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 1.76 1.77 1.67 1.78 0.00

BSP:R1EG34 vs KIM, FRT, ADC: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Regency Centers'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.


Regency Centers Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Regency Centers's Cyclically Adjusted PB Ratio falls into.


BSP:R1EG34
64GF Score
Regency Centers Corp BSP:R1EG34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Regency Centers 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.

Regency Centers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=196.20/113.16
=1.73

* 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.

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

For example, Regency Centers'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)
=95.228/330.2130*330.2130
=95.228

Current CPI (Mar. 2026) = 330.2130.

Regency Centers Quarterly Data

Book Value per Share CPI Adj_Book
201606 31.798 241.018 43.566
201609 35.018 241.428 47.896
201612 36.492 241.432 49.911
201703 61.327 243.801 83.064
201706 64.234 244.955 86.591
201709 60.856 246.819 81.418
201712 64.475 246.524 86.363
201803 63.668 249.554 84.246
201806 72.809 251.989 95.411
201809 79.134 252.439 103.514
201812 74.160 251.233 97.474
201903 72.981 254.202 94.804
201906 72.683 256.143 93.701
201909 77.185 256.759 99.266
201912 76.296 256.974 98.041
202003 89.530 258.115 114.538
202006 93.864 257.797 120.231
202009 96.372 260.280 122.266
202012 90.978 260.474 115.336
202103 99.313 264.877 123.810
202106 88.615 271.696 107.701
202109 93.853 274.310 112.980
202112 99.952 278.802 118.383
202203 89.037 287.504 102.264
202206 90.551 296.311 100.911
202209 93.956 296.808 104.531
202212 93.699 296.797 104.248
202303 92.536 301.836 101.236
202306 85.947 305.109 93.019
202309 91.675 307.789 98.354
202312 90.577 306.746 97.506
202403 91.786 312.332 97.041
202406 97.498 314.175 102.475
202409 99.808 315.301 104.528
202412 109.605 315.605 114.678
202503 102.689 319.799 106.033
202506 98.825 322.561 101.169
202509 96.967 324.800 98.583
202512 99.656 324.054 101.550
202603 95.228 330.213 95.228

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 1.73 mean?
Regency Centers (BSP:R1EG34) has a Cyclically Adjusted PB Ratio of 1.73 as of Sep. 03, 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 Regency Centers and its competitors. This is 12% below median its historical median of 1.96. Over the past decade, Regency Centers' Cyclically Adjusted PB Ratio has ranged from 1.24 to 3.93. According to the industry distribution chart, Regency Centers ranks #477 out of 549 companies in the REITs industry, placing it in the top 86.9%.
Is Regency Centers' Cyclically Adjusted PB Ratio too high?
Regency Centers' current Cyclically Adjusted PB Ratio of 1.73 is 12% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 3.93. The REITs industry median Cyclically Adjusted PB Ratio is 0.79. Regency Centers' value of 1.73 is 119% above this industry median. Based on the distribution chart, Regency Centers ranks #477 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Regency Centers has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Regency Centers' Cyclically Adjusted PB Ratio compare to KIM and FRT?
According to the REITs industry distribution chart, Regency Centers ranks #477 out of 549 companies for Cyclically Adjusted PB Ratio. This places Regency Centers in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.79. Regency Centers' value of 1.73 is 119% above this benchmark. Historically, Regency Centers' own Cyclically Adjusted PB Ratio has ranged from 1.24 to 3.93 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 0.79, Regency Centers 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 0.79, 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. Regency Centers's current Cyclically Adjusted PB Ratio of 1.73 is 119% 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 Regency Centers and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Regency Centers's current Cyclically Adjusted PB Ratio is 1.73, which is 12% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regency Centers stock overvalued right now?
Based on GuruFocus' analysis, Regency Centers (BSP:R1EG34) is currently considered Fairly Valued. The stock's GF Value™ is R$200.73, compared to a current price of R$196.20 — trading 2.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.73, which is 12% below median its 10-year median of 1.96 and 119% above the REITs industry median of 0.79. Regency Centers' overall GF Score™ is 64/100 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 Regency Centers (BSP:R1EG34), the current Cyclically Adjusted PB Ratio is 1.73 as of Sep. 03, 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 Regency Centers (BSP:R1EG34) Overvalued in 2026?

Based on GuruFocus' analysis, Regency Centers stock appears to be undervalued. The current stock price of R$196.20 is trading 2.3% below its estimated GF Value™ of R$200.73. GuruFocus considers Regency Centers to be Fairly Valued.

Key valuation signals for BSP:R1EG34:

  • Cyclically Adjusted PB Ratio: 1.73 (12% below median its 10-year median of 1.96)
  • GF Value™: R$200.73 vs. price of R$196.20 (2.3% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 119% above the REITs median (#477 of 549)

No single metric tells the full story. See the BSP:R1EG34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Regency Centers Business Description

Industry Real EstateREITs
Other Exchanges REG:USA0KUT:UKRRC:Germany
Address One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202
Regency Centers is one of the largest shopping center-focused retail REITs. The company's portfolio includes an interest in 481 properties, which includes over 58 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 12% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.
64GF Score

Get the complete analysis for BSP:R1EG34

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

R$196.20
Price
R$200.73
GF Value