Palace Capital (CHIX:PCAL) Cyclically Adjusted PB Ratio: 0.43 (As of Jul. 15, 2026) — 42% Below Median

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CHIX:PCAL Palace Capital PLC CHIX:PCAL
57 GF Score
Price £1.87
GF Value £1.45
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Palace Capital Cyclically Adjusted PB Ratio?

Palace Capital CHIX:PCAL +2.47% 57 Cyclically Adjusted PB Ratio is 0.43 as of Jul. 15, 2026, which is 42% below its 10-year median of 0.74. GuruFocus rates CHIX:PCAL with a GF Score™ of 57/100 and a GF Value™ of £1.45 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 559 REITs companies, Palace Capital ranks better than 79.25% on this metric.

As of today (2026-07-15), Palace Capital's current share price is £1.865. Palace Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 was £4.31. Palace Capital's Cyclically Adjusted PB Ratio for today is 0.43.

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

CHIX:PCAl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.74   Max: 4.68
Current: 0.42

During the past 13 years, Palace Capital's highest Cyclically Adjusted PB Ratio was 4.68. The lowest was 0.38. And the median was 0.74.

CHIX:PCAl's Cyclically Adjusted PB Ratio is ranked better than
79.25% of 559 companies
in the REITs industry
Industry Median: 0.83 vs CHIX:PCAl: 0.42

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.

Palace Capital's adjusted book value per share data of for the fiscal year that ended in Mar25 was £2.509. 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 £4.31 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Palace Capital  (CHIX:PCAl) 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.


Palace Capital Cyclically Adjusted PB Ratio Related Terms


Palace Capital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Palace Capital'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.

Palace Capital Cyclically Adjusted PB Ratio Chart

Palace Capital Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.73 0.50 0.52 0.50

Palace Capital Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.52 0.00 0.50 0.00 0.00

CHIX:PCAL vs VICI, WPC, BNL: Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, Palace Capital'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.


Palace Capital Cyclically Adjusted PB Ratio vs REITs Industry

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

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


CHIX:PCAL
57GF Score
Palace Capital PLC CHIX:PCAL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Palace Capital 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.

Palace Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.865/4.31
=0.43

* 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.

Palace Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Palace Capital's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=2.509/136.1000*136.1000
=2.509

Current CPI (Mar25) = 136.1000.

Palace Capital Annual Data

Book Value per Share CPI Adj_Book
201603 4.143 100.400 5.616
201703 4.356 102.700 5.773
201803 4.002 105.100 5.182
201903 3.930 107.000 4.999
202003 3.613 108.600 4.528
202103 3.426 109.700 4.250
202203 3.828 116.500 4.472
202303 2.939 126.800 3.155
202403 2.603 131.600 2.692
202503 2.509 136.100 2.509

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 0.43 mean?
Palace Capital (CHIX:PCAL) has a Cyclically Adjusted PB Ratio of 0.43 as of Jul. 15, 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 Palace Capital and its competitors. This is 42% below median its historical median of 0.74. Over the past decade, Palace Capital's Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.68. According to the industry distribution chart, Palace Capital ranks #116 out of 559 companies in the REITs industry, placing it in the top 20.8%.
Is Palace Capital's Cyclically Adjusted PB Ratio too high?
Palace Capital's current Cyclically Adjusted PB Ratio of 0.43 is 42% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 4.68. The REITs industry median Cyclically Adjusted PB Ratio is 0.83. Palace Capital's value of 0.43 is 48.2% below this industry median. Based on the distribution chart, Palace Capital ranks #116 out of 559 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Palace Capital has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Palace Capital's Cyclically Adjusted PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Palace Capital ranks #116 out of 559 companies for Cyclically Adjusted PB Ratio. This places Palace Capital in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.83. Palace Capital's value of 0.43 is 48.2% below this benchmark. Historically, Palace Capital's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.68 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.83, Palace Capital 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.83, based on 559 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. Palace Capital's current Cyclically Adjusted PB Ratio of 0.43 is 48.2% 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 Palace Capital and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palace Capital's current Cyclically Adjusted PB Ratio is 0.43, which is 42% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palace Capital stock overvalued right now?
Based on GuruFocus' analysis, Palace Capital (CHIX:PCAL) is currently considered Modestly Overvalued. The stock's GF Value™ is £1.45, compared to a current price of £1.87 — trading 28.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is 42% below median its 10-year median of 0.74 and 48.2% below the REITs industry median of 0.83. Palace Capital's overall GF Score™ is 57/100 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 Palace Capital (CHIX:PCAL), the current Cyclically Adjusted PB Ratio is 0.43 as of Jul. 15, 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 Palace Capital (CHIX:PCAL) Overvalued in 2026?

Based on GuruFocus' analysis, Palace Capital stock appears to be overvalued. The current stock price of £1.87 is trading 28.6% above its estimated GF Value™ of £1.45. GuruFocus considers Palace Capital to be Modestly Overvalued.

Key valuation signals for CHIX:PCAL:

  • Cyclically Adjusted PB Ratio: 0.43 (42% below median its 10-year median of 0.74)
  • GF Value™: £1.45 vs. price of £1.87 (28.6% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 48.2% below the REITs median (#116 of 559)

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


Palace Capital Business Description

Industry Real EstateREITs
Other Exchanges PCA:UK
Address 84 Eccleston Square, Thomas House, London, GBR, SW1V 1PX
Palace Capital PLC is a property investment company. The Company's principal activity is to invest in commercial real estate in the UK. Its portfolio includes investment properties throughout England, predominantly regional investments outside London, and a diverse portfolio of commercial buildings. The company generates revenue in the form of property income and represents the value of accrued charges under operating leases for rental of the Group's investment properties. Its only reportable segment is an Investment property. The company's properties include Hudson House, York; Fraser House, Staines, Milton Keynes, and Midsummer Boulevard.
57GF Score

Get the complete analysis for CHIX:PCAL

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

£1.87
Price
£1.45
GF Value