Ovaro Kiinteistosijoitus Oyj (CHIX:OVAROH) Cyclically Adjusted PB Ratio: 0.37 (As of Sep. 13, 2026) — Near Median

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CHIX:OVAROH Ovaro Kiinteistosijoitus Oyj CHIX:OVAROH
63 GF Score
Price €4.12
GF Value €4.59
! 8 Warning Signs
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What is Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PB Ratio?

Ovaro Kiinteistosijoitus Oyj CHIX:OVAROH 63 Cyclically Adjusted PB Ratio is 0.37 as of Sep. 13, 2026, which is 6% above its 10-year median of 0.35. GuruFocus rates CHIX:OVAROH with a GF Score™ of 63/100 and a GF Value™ of €4.59. The stock has 8 warning signs investors should review. Among 1,301 Real Estate companies, Ovaro Kiinteistosijoitus Oyj ranks better than 69.49% on this metric.

As of today (2026-09-13), Ovaro Kiinteistosijoitus Oyj's current share price is €4.12. Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €11.28. Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PB Ratio for today is 0.37.

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

CHIX:OVAROh' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.44
Current: 0.35

During the past years, Ovaro Kiinteistosijoitus Oyj's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.24. And the median was 0.35.

CHIX:OVAROh's Cyclically Adjusted PB Ratio is ranked better than
69.49% of 1301 companies
in the Real Estate industry
Industry Median: 0.66 vs CHIX:OVAROh: 0.35

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.

Ovaro Kiinteistosijoitus Oyj's adjusted book value per share data for the three months ended in Jun. 2026 was €5.000. 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 €11.28 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ovaro Kiinteistosijoitus Oyj  (CHIX:OVAROh) 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.


Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PB Ratio Related Terms


Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ovaro Kiinteistosijoitus Oyj'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.

Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PB Ratio Chart

Ovaro Kiinteistosijoitus Oyj 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 0.30 0.27 0.35 0.38 0.39

Ovaro Kiinteistosijoitus Oyj 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 0.36 0.39 0.39 0.37 0.37

CHIX:OVAROH vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Ovaro Kiinteistosijoitus Oyj'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.


Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PB Ratio falls into.


CHIX:OVAROH
63GF Score
Ovaro Kiinteistosijoitus Oyj CHIX:OVAROH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ovaro Kiinteistosijoitus Oyj 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.

Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.12/11.28
=0.37

* 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.

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

For example, Ovaro Kiinteistosijoitus Oyj'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)
=5/125.0800*125.0800
=5.000

Current CPI (Jun. 2026) = 125.0800.

Ovaro Kiinteistosijoitus Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.084 100.540 12.545
201612 10.044 101.020 12.436
201703 9.971 100.910 12.359
201706 9.947 101.140 12.301
201709 9.937 101.320 12.267
201712 9.722 101.510 11.979
201803 9.548 101.730 11.740
201806 9.593 102.320 11.727
201809 9.039 102.600 11.019
201812 8.223 102.710 10.014
201903 8.144 102.870 9.902
201906 8.030 103.360 9.717
201909 8.061 103.540 9.738
201912 7.635 103.650 9.214
202003 7.594 103.490 9.178
202006 7.373 103.320 8.926
202009 7.342 103.710 8.855
202012 6.404 103.890 7.710
202103 6.325 104.870 7.544
202106 5.893 105.360 6.996
202109 5.340 106.290 6.284
202112 5.025 107.490 5.847
202203 5.024 110.950 5.664
202206 5.115 113.570 5.633
202209 5.111 114.920 5.563
202212 5.131 117.320 5.470
202303 5.103 119.750 5.330
202306 5.491 120.690 5.691
202309 5.496 121.280 5.668
202312 5.478 121.540 5.638
202403 5.493 122.360 5.615
202406 5.462 122.230 5.589
202409 5.218 122.260 5.338
202412 5.464 122.390 5.584
202503 5.377 123.010 5.467
202506 5.606 122.530 5.723
202509 5.589 122.880 5.689
202512 5.353 122.670 5.458
202603 5.217 124.670 5.234
202606 5.000 125.080 5.000

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 0.37 mean?
Ovaro Kiinteistosijoitus Oyj (CHIX:OVAROH) has a Cyclically Adjusted PB Ratio of 0.37 as of Sep. 13, 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 Ovaro Kiinteistosijoitus Oyj and its competitors. This is near median its historical median of 0.35. Over the past decade, Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.44. According to the industry distribution chart, Ovaro Kiinteistosijoitus Oyj ranks #397 out of 1301 companies in the Real Estate industry, placing it in the top 30.5%.
Is Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PB Ratio too high?
Ovaro Kiinteistosijoitus Oyj's current Cyclically Adjusted PB Ratio of 0.37 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.44. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.66. Ovaro Kiinteistosijoitus Oyj's value of 0.37 is 43.9% below this industry median. Based on the distribution chart, Ovaro Kiinteistosijoitus Oyj ranks #397 out of 1301 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ovaro Kiinteistosijoitus Oyj has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Ovaro Kiinteistosijoitus Oyj ranks #397 out of 1301 companies for Cyclically Adjusted PB Ratio. This puts Ovaro Kiinteistosijoitus Oyj in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.66. Ovaro Kiinteistosijoitus Oyj's value of 0.37 is 43.9% below this benchmark. Historically, Ovaro Kiinteistosijoitus Oyj's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.44 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.66, Ovaro Kiinteistosijoitus Oyj 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 0.66, based on 1,301 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. Ovaro Kiinteistosijoitus Oyj's current Cyclically Adjusted PB Ratio of 0.37 is 43.9% 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 Ovaro Kiinteistosijoitus Oyj and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovaro Kiinteistosijoitus Oyj's current Cyclically Adjusted PB Ratio is 0.37, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovaro Kiinteistosijoitus Oyj stock overvalued right now?
Ovaro Kiinteistosijoitus Oyj (CHIX:OVAROH) has a current Cyclically Adjusted PB Ratio of 0.37. The stock's GF Value™ is €4.59, compared to a current price of €4.12 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is near median its 10-year median of 0.35 and 43.9% below the Real Estate industry median of 0.66. Ovaro Kiinteistosijoitus Oyj's overall GF Score™ is 63/100 with 8 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 Ovaro Kiinteistosijoitus Oyj (CHIX:OVAROH), the current Cyclically Adjusted PB Ratio is 0.37 as of Sep. 13, 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 Ovaro Kiinteistosijoitus Oyj (CHIX:OVAROH) Overvalued in 2026?

Based on GuruFocus' analysis, Ovaro Kiinteistosijoitus Oyj stock appears to be undervalued. The current stock price of €4.12 is trading 10.2% below its estimated GF Value™ of €4.59.

Key valuation signals for CHIX:OVAROH:

  • Cyclically Adjusted PB Ratio: 0.37 (near median its 10-year median of 0.35)
  • GF Value™: €4.59 vs. price of €4.12 (10.2% below fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 43.9% below the Real Estate median (#397 of 1301)

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


Ovaro Kiinteistosijoitus Oyj Business Description

Other Exchanges OVARO:Finland
Address Mannerheimintie 113, Helsinki, FIN, 00280
Ovaro Kiinteistosijoitus Oyj is a real estate investment company. It invests in Finnish rental apartments and other real estate sites. Its portfolio consists of apartments, business facilities, and parking lots.
63GF Score

Get the complete analysis for CHIX:OVAROH

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

€4.12
Price
€4.59
GF Value