CLPR (Clipper Realty) Cyclically Adjusted PB Ratio: 1.54 (As of Aug. 16, 2026) — Near Median

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CLPR Clipper Realty Inc CLPR
59 GF Score
Price $3.34
GF Value $4.15
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Clipper Realty Cyclically Adjusted PB Ratio?

Clipper Realty CLPR +1.83% 59 Cyclically Adjusted PB Ratio is 1.54 as of Aug. 16, 2026, which is 7% above its 10-year median of 1.44. GuruFocus rates CLPR with a GF Score™ of 59/100 and a GF Value™ of $4.15 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 550 REITs companies, Clipper Realty ranks worse than 82.55% on this metric.

As of today (2026-08-16), Clipper Realty's current share price is $3.34. Clipper Realty's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $2.17. Clipper Realty's Cyclically Adjusted PB Ratio for today is 1.54.

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

CLPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.44   Max: 1.74
Current: 1.54

During the past years, Clipper Realty's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 1.23. And the median was 1.44.

CLPR's Cyclically Adjusted PB Ratio is ranked worse than
82.55% of 550 companies
in the REITs industry
Industry Median: 0.8 vs CLPR: 1.54

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.

Clipper Realty's adjusted book value per share data for the three months ended in Jun. 2026 was $-2.481. 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 $2.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clipper Realty  (NYSE:CLPR) 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.


Clipper Realty Cyclically Adjusted PB Ratio Related Terms


Clipper Realty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clipper Realty'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.

Clipper Realty Cyclically Adjusted PB Ratio Chart

Clipper Realty 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 0.00 0.00 0.00 0.00 1.63

Clipper Realty 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 1.42 1.53 1.63 1.33 1.26

CLPR vs BHM, MRTI, ELME: Cyclically Adjusted PB Ratio Comparison

For the REIT - Residential subindustry, Clipper Realty'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.


Clipper Realty Cyclically Adjusted PB Ratio vs REITs Industry

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

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


CLPR
59GF Score
Clipper Realty Inc CLPR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clipper Realty 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.

Clipper Realty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.34/2.17
=1.54

* 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.

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

For example, Clipper Realty'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)
=-2.481/333.9520*333.9520
=-2.481

Current CPI (Jun. 2026) = 333.9520.

Clipper Realty Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.155 241.428 2.981
201612 2.074 241.432 2.869
201703 4.545 243.801 6.226
201706 4.426 244.955 6.034
201709 4.311 246.819 5.833
201712 4.205 246.524 5.696
201803 3.918 249.554 5.243
201806 3.844 251.989 5.094
201809 3.785 252.439 5.007
201812 3.659 251.233 4.864
201903 3.563 254.202 4.681
201906 3.456 256.143 4.506
201909 3.362 256.759 4.373
201912 3.213 256.974 4.175
202003 3.101 258.115 4.012
202006 2.891 257.797 3.745
202009 2.724 260.280 3.495
202012 2.457 260.474 3.150
202103 2.201 264.877 2.775
202106 2.045 271.696 2.514
202109 1.881 274.310 2.290
202112 1.651 278.802 1.978
202203 1.339 287.504 1.555
202206 1.185 296.311 1.336
202209 1.038 296.808 1.168
202212 0.877 296.797 0.987
202303 0.623 301.836 0.689
202306 0.461 305.109 0.505
202309 0.322 307.789 0.349
202312 0.171 306.746 0.186
202403 0.017 312.332 0.018
202406 -0.111 314.175 -0.118
202409 -0.223 315.301 -0.236
202412 -0.335 315.605 -0.354
202503 -1.243 319.799 -1.298
202506 -1.359 322.561 -1.407
202509 -1.550 324.800 -1.594
202512 -1.902 324.054 -1.960
202603 -2.249 330.213 -2.274
202606 -2.481 333.952 -2.481

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 1.54 mean?
Clipper Realty (CLPR) has a Cyclically Adjusted PB Ratio of 1.54 as of Aug. 16, 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 Clipper Realty and its competitors. This is near median its historical median of 1.44. Over the past decade, Clipper Realty's Cyclically Adjusted PB Ratio has ranged from 1.23 to 1.74. According to the industry distribution chart, Clipper Realty ranks #454 out of 550 companies in the REITs industry, placing it in the top 82.5%.
Is Clipper Realty's Cyclically Adjusted PB Ratio too high?
Clipper Realty's current Cyclically Adjusted PB Ratio of 1.54 is near median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 1.74. The REITs industry median Cyclically Adjusted PB Ratio is 0.80. Clipper Realty's value of 1.54 is 92.5% above this industry median. Based on the distribution chart, Clipper Realty ranks #454 out of 550 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Clipper Realty has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clipper Realty's Cyclically Adjusted PB Ratio compare to BHM and MRTI?
According to the REITs industry distribution chart, Clipper Realty ranks #454 out of 550 companies for Cyclically Adjusted PB Ratio. This places Clipper Realty in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.80. Clipper Realty's value of 1.54 is 92.5% above this benchmark. Historically, Clipper Realty's own Cyclically Adjusted PB Ratio has ranged from 1.23 to 1.74 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 0.80, Clipper Realty 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 0.80, based on 550 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. Clipper Realty's current Cyclically Adjusted PB Ratio of 1.54 is 92.5% 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 Clipper Realty 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. Clipper Realty's current Cyclically Adjusted PB Ratio is 1.54, which is near median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clipper Realty stock overvalued right now?
Based on GuruFocus' analysis, Clipper Realty (CLPR) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.15, compared to a current price of $3.34 — trading 19.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.54, which is near median its 10-year median of 1.44 and 92.5% above the REITs industry median of 0.80. Clipper Realty's overall GF Score™ is 59/100 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 Clipper Realty (CLPR), the current Cyclically Adjusted PB Ratio is 1.54 as of Aug. 16, 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 Clipper Realty (CLPR) Overvalued in 2026?

Based on GuruFocus' analysis, Clipper Realty stock appears to be undervalued. The current stock price of $3.34 is trading 19.5% below its estimated GF Value™ of $4.15. GuruFocus considers Clipper Realty to be Modestly Undervalued.

Key valuation signals for CLPR:

  • Cyclically Adjusted PB Ratio: 1.54 (near median its 10-year median of 1.44)
  • GF Value™: $4.15 vs. price of $3.34 (19.5% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 92.5% above the REITs median (#454 of 550)

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


Clipper Realty Business Description

Industry Real EstateREITs
Address 4611 12th Avenue, Suite 1L, Brooklyn, NY, USA, 11219
Clipper Realty Inc is a self-administered and self-managed real estate company. It acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. It has classified its reporting segments into Residential Rental Properties and Commercial Rental Properties. The company derives its revenue mostly from the Residential segment.
59GF Score

Get the complete analysis for CLPR

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

$3.34
Price
$4.15
GF Value