CAIAF (CA Immobilien Anlagen AG) Cyclically Adjusted PB Ratio: 0.65 (As of Jul. 18, 2026) — 39% Below Median

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CAIAF CA Immobilien Anlagen AG CAIAF
70 GF Score
Price $26.95
GF Value $23.39
Valuation Modestly Overvalued
! 4 Warning Signs
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What is CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio?

CA Immobilien Anlagen AG CAIAF -3.75% 70 Cyclically Adjusted PB Ratio is 0.65 as of Jul. 18, 2026, which is 39% below its 10-year median of 1.06. GuruFocus rates CAIAF with a GF Score™ of 70/100 and a GF Value™ of $23.39 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,437 Real Estate companies, CA Immobilien Anlagen AG ranks better than 52.12% on this metric.

As of today (2026-07-18), CA Immobilien Anlagen AG's current share price is $26.95. CA Immobilien Anlagen AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $41.21. CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio for today is 0.65.

The historical rank and industry rank for CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAIAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.06   Max: 1.76
Current: 0.66

During the past years, CA Immobilien Anlagen AG's highest Cyclically Adjusted PB Ratio was 1.76. The lowest was 0.64. And the median was 1.06.

CAIAF's Cyclically Adjusted PB Ratio is ranked better than
52.12% of 1437 companies
in the Real Estate industry
Industry Median: 0.71 vs CAIAF: 0.66

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.

CA Immobilien Anlagen AG's adjusted book value per share data for the three months ended in Mar. 2026 was $31.947. 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 $41.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CA Immobilien Anlagen AG  (OTCPK:CAIAF) 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.


CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio Related Terms


CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CA Immobilien Anlagen AG'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.

CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio Chart

CA Immobilien Anlagen AG 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 1.20 0.91 0.97 0.68 0.64

CA Immobilien Anlagen AG 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 0.64 0.69 0.67 0.64 0.68

CAIAF vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, CA Immobilien Anlagen AG'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.


CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio falls into.


CAIAF
70GF Score
CA Immobilien Anlagen AG CAIAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CA Immobilien Anlagen AG 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.

CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.95/41.21
=0.65

* 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.

CA Immobilien Anlagen AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CA Immobilien Anlagen AG'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)
=31.947/142.1600*142.1600
=31.947

Current CPI (Mar. 2026) = 142.1600.

CA Immobilien Anlagen AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.375 101.092 35.684
201609 25.919 101.192 36.413
201612 25.060 102.092 34.895
201703 25.525 102.592 35.370
201706 27.226 102.991 37.580
201709 29.546 103.591 40.546
201712 30.710 104.291 41.861
201803 32.367 104.491 44.035
201806 30.398 105.091 41.120
201809 31.082 105.691 41.807
201812 32.281 106.291 43.175
201903 32.207 106.391 43.035
201906 32.433 106.791 43.175
201909 32.631 106.991 43.357
201912 35.448 108.091 46.621
202003 35.648 108.024 46.913
202006 36.465 107.915 48.036
202009 37.491 108.348 49.191
202012 40.908 109.321 53.196
202103 40.591 110.186 52.370
202106 41.674 110.943 53.400
202109 40.932 111.916 51.993
202112 36.921 113.971 46.053
202203 37.574 117.647 45.403
202206 37.037 120.567 43.670
202209 35.259 123.811 40.485
202212 35.706 125.541 40.433
202303 36.472 128.460 40.362
202306 35.702 130.191 38.984
202309 35.688 131.272 38.648
202312 30.405 132.570 32.605
202403 30.495 133.759 32.410
202406 28.616 134.083 30.340
202409 29.633 133.651 31.520
202412 27.614 135.273 29.020
202503 28.806 137.760 29.726
202506 29.669 138.517 30.449
202509 31.638 138.950 32.369
202512 32.095 140.350 32.509
202603 31.947 142.160 31.947

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.

What does a Cyclically Adjusted PB Ratio of 0.65 mean?
CA Immobilien Anlagen AG (CAIAF) has a Cyclically Adjusted PB Ratio of 0.65 as of Jul. 18, 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 CA Immobilien Anlagen AG and its competitors. This is 39% below median its historical median of 1.06. Over the past decade, CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.76. According to the industry distribution chart, CA Immobilien Anlagen AG ranks #688 out of 1437 companies in the Real Estate industry, placing it in the top 47.9%.
Is CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio too high?
CA Immobilien Anlagen AG's current Cyclically Adjusted PB Ratio of 0.65 is 39% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.76. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. CA Immobilien Anlagen AG's value of 0.65 is 8.5% below this industry median. Based on the distribution chart, CA Immobilien Anlagen AG ranks #688 out of 1437 companies in the Real Estate industry, which is above the industry midpoint. Overall, CA Immobilien Anlagen AG has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, CA Immobilien Anlagen AG ranks #688 out of 1437 companies for Cyclically Adjusted PB Ratio. This puts CA Immobilien Anlagen AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. CA Immobilien Anlagen AG's value of 0.65 is 8.5% below this benchmark. Historically, CA Immobilien Anlagen AG's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.76 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.71, CA Immobilien Anlagen AG 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,437 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. CA Immobilien Anlagen AG's current Cyclically Adjusted PB Ratio of 0.65 is 8.5% 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 CA Immobilien Anlagen AG and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CA Immobilien Anlagen AG's current Cyclically Adjusted PB Ratio is 0.65, which is 39% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CA Immobilien Anlagen AG stock overvalued right now?
Based on GuruFocus' analysis, CA Immobilien Anlagen AG (CAIAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $23.39, compared to a current price of $26.95 — trading 15.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is 39% below median its 10-year median of 1.06 and 8.5% below the Real Estate industry median of 0.71. CA Immobilien Anlagen AG's overall GF Score™ is 70/100 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 CA Immobilien Anlagen AG (CAIAF), the current Cyclically Adjusted PB Ratio is 0.65 as of Jul. 18, 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 CA Immobilien Anlagen AG (CAIAF) Overvalued in 2026?

Based on GuruFocus' analysis, CA Immobilien Anlagen AG stock appears to be overvalued. The current stock price of $26.95 is trading 15.2% above its estimated GF Value™ of $23.39. GuruFocus considers CA Immobilien Anlagen AG to be Modestly Overvalued.

Key valuation signals for CAIAF:

  • Cyclically Adjusted PB Ratio: 0.65 (39% below median its 10-year median of 1.06)
  • GF Value™: $23.39 vs. price of $26.95 (15.2% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 8.5% below the Real Estate median (#688 of 1437)

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


CA Immobilien Anlagen AG Business Description

Address Mechelgasse 1, Vienna, AUT, 1030
CA Immobilien Anlagen AG is a real estate company involved in owning, developing and managing, especially office properties in Austria and Germany as well as in Eastern Europe. The company generates revenues and other income from rental activities, the sale of properties held for trading, the sale of properties, as well as from development services. The company is geographically divided in Austria, Germany and Central and Eastern Europe (CEE).
70GF Score

Get the complete analysis for CAIAF

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

$26.95
Price
$23.39
GF Value