Dexus Industria REITDXSIF 77 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 12, 2026, which is 5% below its 10-year median of 0.86. GuruFocus rates DXSIF with a GF Score™ of 77/100 and a GF Value™ of $2.67. The stock has 7 warning signs investors should review. Among 559 REITs companies, Dexus Industria REIT ranks better than 57.07% on this metric.
The historical rank and industry rank for Dexus Industria REIT's Cyclically Adjusted PB Ratio or its related term are showing as below:
DXSIF'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 0.86 Max: 1.03
Current: 0.73
During the past 12 years, Dexus Industria REIT's highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.69. And the median was 0.86.
DXSIF's Cyclically Adjusted PB Ratio is ranked better than 57.07% of 559
companies
in the REITs industry
Industry Median: 0.82
vs DXSIF: 0.73
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.
Dexus Industria REIT's adjusted book value per share data of for the fiscal year that ended in Jun25 was $2.196. 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 Jun25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Dexus Industria REIT (OTCPK:DXSIF) 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.
Dexus Industria REIT Cyclically Adjusted PB Ratio Related Terms
Dexus Industria REIT Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Dexus Industria REIT'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.
Dexus Industria REIT Cyclically Adjusted PB Ratio Chart
DXSIF vs PLD, PSA, EXR: Cyclically Adjusted PB Ratio Comparison
For the REIT - Industrial subindustry, Dexus Industria REIT'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.
Dexus Industria REIT Cyclically Adjusted PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Dexus Industria REIT's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Dexus Industria REIT's Cyclically Adjusted PB Ratio falls into.
Dexus Industria REIT 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 0.82 mean?
Dexus Industria REIT (DXSIF) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 12, 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 Dexus Industria REIT and its competitors. This is near median its historical median of 0.86. Over the past decade, Dexus Industria REIT's Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.03. According to the industry distribution chart, Dexus Industria REIT ranks #240 out of 559 companies in the REITs industry, placing it in the top 42.9%.
Is Dexus Industria REIT's Cyclically Adjusted PB Ratio too high?
Dexus Industria REIT's current Cyclically Adjusted PB Ratio of 0.82 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.03. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Dexus Industria REIT's value of 0.82 is 0% at this industry median. Based on the distribution chart, Dexus Industria REIT ranks #240 out of 559 companies in the REITs industry, which is above the industry midpoint. Overall, Dexus Industria REIT has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Dexus Industria REIT's Cyclically Adjusted PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Dexus Industria REIT ranks #240 out of 559 companies for Cyclically Adjusted PB Ratio. This puts Dexus Industria REIT in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Dexus Industria REIT's value of 0.82 is 0% at this benchmark. Historically, Dexus Industria REIT's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.03 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.82, Dexus Industria REIT has consistently been at 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 0.82, 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. Dexus Industria REIT's current Cyclically Adjusted PB Ratio of 0.82 is 0% at 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 Dexus Industria REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexus Industria REIT's current Cyclically Adjusted PB Ratio is 0.82, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus Industria REIT stock overvalued right now?
Dexus Industria REIT (DXSIF) has a current Cyclically Adjusted PB Ratio of 0.82. The stock's GF Value™ is $2.67, compared to a current price of $1.78 — trading 33.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is near median its 10-year median of 0.86 and 0% at the REITs industry median of 0.82. Dexus Industria REIT's overall GF Score™ is 77/100 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 Dexus Industria REIT (DXSIF), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 12, 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 Dexus Industria REIT (DXSIF) Overvalued in 2026?
Based on GuruFocus' analysis, Dexus Industria REIT stock appears to be undervalued.
The current stock price of $1.78 is trading 33.3% below its estimated GF Value™ of $2.67.
Key valuation signals for DXSIF:
Cyclically Adjusted PB Ratio: 0.82 (near median its 10-year median of 0.86)
GF Value™: $2.67 vs. price of $1.78 (33.3% below fair value)
Industry Position: 0% at the REITs median (#240 of 559)
No single metric tells the full story. See the DXSIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dexus Industria REIT acts as an income pass-through investment vehicle. It owns a portfolio of industrial properties and passes the rent generated from leasing out these properties to securityholders. The jewel in the crown is the Jandakot precinct in Western Australia, which accounts for a third of the portfolio's total book value. The rest of the assets are predominantly located in Victoria and New South Wales. The REIT also has a small development pipeline.Dexus Industria was rebranded from APN Industria REIT in 2021, as a result of Dexus' acquisition of APN Property Group. Following the rebrand, Dexus Industria has divested its business parks and transitioned to a pure play industrial REIT. Dexus Industria is externally managed by Dexus, which holds a 18% stake in the REIT.
77GF Score
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