Vivmark Residential (BSP:VMRK34) Cyclically Adjusted PB Ratio: 1.91 (As of Aug. 27, 2026) — 23% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BSP:VMRK34 Vivmark Residential BSP:VMRK34
77 GF Score
Price R$57.42
GF Value R$62.87
Valuation Fairly Valued
! 4 Warning Signs
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What is Vivmark Residential Cyclically Adjusted PB Ratio?

Vivmark Residential BSP:VMRK34 -5.09% 77 Cyclically Adjusted PB Ratio is 1.91 as of Aug. 27, 2026, which is 23% below its 10-year median of 2.48. GuruFocus rates BSP:VMRK34 with a GF Score™ of 77/100 and a GF Value™ of R$62.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 549 REITs companies, Vivmark Residential ranks worse than 88.89% on this metric.

As of today (2026-08-27), Vivmark Residential's current share price is R$57.42. Vivmark Residential's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$29.99. Vivmark Residential's Cyclically Adjusted PB Ratio for today is 1.91.

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

BSP:VMRK34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.48   Max: 3.44
Current: 1.98

During the past years, Vivmark Residential's highest Cyclically Adjusted PB Ratio was 3.44. The lowest was 1.74. And the median was 2.48.

BSP:VMRK34's Cyclically Adjusted PB Ratio is ranked worse than
88.89% of 549 companies
in the REITs industry
Industry Median: 0.79 vs BSP:VMRK34: 1.98

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.

Vivmark Residential's adjusted book value per share data for the three months ended in Jun. 2026 was R$9.717. 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$29.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vivmark Residential  (BSP:VMRK34) 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.


Vivmark Residential Cyclically Adjusted PB Ratio Related Terms


Vivmark Residential Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vivmark Residential'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.

Vivmark Residential Cyclically Adjusted PB Ratio Chart

Vivmark Residential 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 3.15 1.86 2.10 2.41 1.96

Vivmark Residential 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 2.19 2.08 1.96 1.74 2.00

BSP:VMRK34 vs EQR, ESS, INVH: Cyclically Adjusted PB Ratio Comparison

For the REIT - Residential subindustry, Vivmark Residential'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.


Vivmark Residential Cyclically Adjusted PB Ratio vs REITs Industry

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

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


BSP:VMRK34
77GF Score
Vivmark Residential BSP:VMRK34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivmark Residential 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.42/29.99
=1.91

* 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.

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

For example, Vivmark Residential'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)
=9.717/333.9520*333.9520
=9.717

Current CPI (Jun. 2026) = 333.9520.

Vivmark Residential Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.321 241.428 7.360
201612 5.559 241.432 7.689
201703 5.215 243.801 7.143
201706 5.491 244.955 7.486
201709 5.246 246.819 7.098
201712 5.547 246.524 7.514
201803 5.487 249.554 7.343
201806 6.348 251.989 8.413
201809 6.916 252.439 9.149
201812 6.671 251.233 8.867
201903 6.618 254.202 8.694
201906 6.641 256.143 8.658
201909 7.138 256.759 9.284
201912 7.177 256.974 9.327
202003 8.478 258.115 10.969
202006 8.967 257.797 11.616
202009 9.221 260.280 11.831
202012 8.871 260.474 11.373
202103 9.636 264.877 12.149
202106 8.791 271.696 10.805
202109 9.126 274.310 11.110
202112 9.899 278.802 11.857
202203 8.742 287.504 10.154
202206 8.819 296.311 9.939
202209 9.407 296.808 10.584
202212 9.441 296.797 10.623
202303 9.299 301.836 10.288
202306 9.036 305.109 9.890
202309 9.165 307.789 9.944
202312 9.097 306.746 9.904
202403 9.181 312.332 9.817
202406 9.951 314.175 10.577
202409 10.355 315.301 10.968
202412 11.460 315.605 12.126
202503 10.785 319.799 11.262
202506 10.414 322.561 10.782
202509 10.118 324.800 10.403
202512 10.120 324.054 10.429
202603 9.667 330.213 9.776
202606 9.717 333.952 9.717

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 1.91 mean?
Vivmark Residential (BSP:VMRK34) has a Cyclically Adjusted PB Ratio of 1.91 as of Aug. 27, 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 Vivmark Residential and its competitors. This is 23% below median its historical median of 2.48. Over the past decade, Vivmark Residential's Cyclically Adjusted PB Ratio has ranged from 1.74 to 3.44. According to the industry distribution chart, Vivmark Residential ranks #488 out of 549 companies in the REITs industry, placing it in the top 88.9%.
Is Vivmark Residential's Cyclically Adjusted PB Ratio too high?
Vivmark Residential's current Cyclically Adjusted PB Ratio of 1.91 is 23% below median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 3.44. The REITs industry median Cyclically Adjusted PB Ratio is 0.79. Vivmark Residential's value of 1.91 is 141.8% above this industry median. Based on the distribution chart, Vivmark Residential ranks #488 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Vivmark Residential has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vivmark Residential's Cyclically Adjusted PB Ratio compare to EQR and ESS?
According to the REITs industry distribution chart, Vivmark Residential ranks #488 out of 549 companies for Cyclically Adjusted PB Ratio. This places Vivmark Residential in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.79. Vivmark Residential's value of 1.91 is 141.8% above this benchmark. Historically, Vivmark Residential's own Cyclically Adjusted PB Ratio has ranged from 1.74 to 3.44 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 0.79, Vivmark Residential 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. Vivmark Residential's current Cyclically Adjusted PB Ratio of 1.91 is 141.8% 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 Vivmark Residential 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. Vivmark Residential's current Cyclically Adjusted PB Ratio is 1.91, which is 23% below median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivmark Residential stock overvalued right now?
Based on GuruFocus' analysis, Vivmark Residential (BSP:VMRK34) is currently considered Fairly Valued. The stock's GF Value™ is R$62.87, compared to a current price of R$57.42 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.91, which is 23% below median its 10-year median of 2.48 and 141.8% above the REITs industry median of 0.79. Vivmark Residential's overall GF Score™ is 77/100 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 Vivmark Residential (BSP:VMRK34), the current Cyclically Adjusted PB Ratio is 1.91 as of Aug. 27, 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 Vivmark Residential (BSP:VMRK34) Overvalued in 2026?

Based on GuruFocus' analysis, Vivmark Residential stock appears to be undervalued. The current stock price of R$57.42 is trading 8.7% below its estimated GF Value™ of R$62.87. GuruFocus considers Vivmark Residential to be Fairly Valued.

Key valuation signals for BSP:VMRK34:

  • Cyclically Adjusted PB Ratio: 1.91 (23% below median its 10-year median of 2.48)
  • GF Value™: R$62.87 vs. price of R$57.42 (8.7% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 141.8% above the REITs median (#488 of 549)

No single metric tells the full story. See the BSP:VMRK34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vivmark Residential Business Description

Industry Real EstateREITs
Other Exchanges AVB:USA0HJO:UKWV8:Germany
Address 4040 Wilson Boulevard, Suite 1000, Arlington, VA, USA, 22203
AvalonBay Communities owns a portfolio of 296 apartment communities with more than 90,000 units and is developing 24 additional properties with approximately 8,600 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington, D.C., California, and the Pacific Northwest.
77GF Score

Get the complete analysis for BSP:VMRK34

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

R$57.42
Price
R$62.87
GF Value