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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cherry Hill Mortgage InvestmentCHMI 29 Cyclically Adjusted PB Ratio is 0.21 as of Aug. 17, 2026, which is 11% above its 10-year median of 0.19. GuruFocus rates CHMI with a GF Score™ of 29/100. The stock has 7 warning signs investors should review. Among 549 REITs companies, Cherry Hill Mortgage Investment ranks better than 91.8% on this metric.
The historical rank and industry rank for Cherry Hill Mortgage Investment's Cyclically Adjusted PB Ratio or its related term are showing as below:
CHMI'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.19 Max: 0.39
Current: 0.21
During the past years, Cherry Hill Mortgage Investment's highest Cyclically Adjusted PB Ratio was 0.39. The lowest was 0.14. And the median was 0.19.
CHMI's Cyclically Adjusted PB Ratio is ranked better than 91.8% of 549
companies
in the REITs industry
Industry Median: 0.8
vs CHMI: 0.21
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.
Cherry Hill Mortgage Investment's adjusted book value per share data for the three months ended in Jun. 2026 was $3.264. 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 $14.13 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Cherry Hill Mortgage Investment (NYSE:CHMI) 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.
Cherry Hill Mortgage Investment Cyclically Adjusted PB Ratio Related Terms
Cherry Hill Mortgage Investment Cyclically Adjusted PB Ratio Historical Data
* 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.
Cherry Hill Mortgage Investment Cyclically Adjusted PB Ratio Chart
CHMI vs RPT, GPMT, SUNS: Cyclically Adjusted PB Ratio Comparison
For the REIT - Mortgage subindustry, Cherry Hill Mortgage Investment'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.
Cherry Hill Mortgage Investment Cyclically Adjusted PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Cherry Hill Mortgage Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Cherry Hill Mortgage Investment's Cyclically Adjusted PB Ratio falls into.
Cherry Hill Mortgage Investment 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.
* 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.
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 0.21 mean?
Cherry Hill Mortgage Investment (CHMI) has a Cyclically Adjusted PB Ratio of 0.21 as of Aug. 17, 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 Cherry Hill Mortgage Investment and its competitors. This is 11% above median its historical median of 0.19. Over the past decade, Cherry Hill Mortgage Investment's Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.39. According to the industry distribution chart, Cherry Hill Mortgage Investment ranks #45 out of 549 companies in the REITs industry, placing it in the top 8.2%.
Is Cherry Hill Mortgage Investment's Cyclically Adjusted PB Ratio too high?
Cherry Hill Mortgage Investment's current Cyclically Adjusted PB Ratio of 0.21 is 11% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.39. The REITs industry median Cyclically Adjusted PB Ratio is 0.80. Cherry Hill Mortgage Investment's value of 0.21 is 73.8% below this industry median. Based on the distribution chart, Cherry Hill Mortgage Investment ranks #45 out of 549 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Cherry Hill Mortgage Investment has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Cherry Hill Mortgage Investment's Cyclically Adjusted PB Ratio compare to RPT and GPMT?
According to the REITs industry distribution chart, Cherry Hill Mortgage Investment ranks #45 out of 549 companies for Cyclically Adjusted PB Ratio. This places Cherry Hill Mortgage Investment in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.80. Cherry Hill Mortgage Investment's value of 0.21 is 73.8% below this benchmark. Historically, Cherry Hill Mortgage Investment's own Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.39 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.80, Cherry Hill Mortgage Investment 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 0.80, 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. Cherry Hill Mortgage Investment's current Cyclically Adjusted PB Ratio of 0.21 is 73.8% 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 Cherry Hill Mortgage Investment and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherry Hill Mortgage Investment's current Cyclically Adjusted PB Ratio is 0.21, which is 11% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherry Hill Mortgage Investment stock overvalued right now?
Cherry Hill Mortgage Investment (CHMI) has a current Cyclically Adjusted PB Ratio of 0.21. The current Cyclically Adjusted PB Ratio is 0.21, which is 11% above median its 10-year median of 0.19 and 73.8% below the REITs industry median of 0.80. Cherry Hill Mortgage Investment's overall GF Score™ is 29/100 with 7 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 Cherry Hill Mortgage Investment (CHMI), the current Cyclically Adjusted PB Ratio is 0.21 as of Aug. 17, 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.
Cherry Hill Mortgage Investment Corp is a fully integrated, internally managed residential real estate finance company focused on acquiring, investing in and managing residential mortgage assets in the United States. It invests in residential mortgage assets to generate current yields and risk-adjusted total returns for its stockholders over the long term, through dividend distributions and secondarily through capital appreciation. The company's reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets, and All Others. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.
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