EGP (EastGroup Properties) Cyclically Adjusted PB Ratio: 4.37 (As of Aug. 22, 2026) — 17% Below Median

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EGP EastGroup Properties Inc EGP
96 GF Score
Price $201.00
GF Value $194.89
Valuation Fairly Valued
! 7 Warning Signs
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What is EastGroup Properties Cyclically Adjusted PB Ratio?

EastGroup Properties EGP -0.07% 96 Cyclically Adjusted PB Ratio is 4.37 as of Aug. 22, 2026, which is 17% below its 10-year median of 5.29. GuruFocus rates EGP with a GF Score™ of 96/100 and a GF Value™ of $194.89 (Fairly Valued). The stock has 7 warning signs investors should review. Among 549 REITs companies, EastGroup Properties ranks worse than 96.36% on this metric.

As of today (2026-08-22), EastGroup Properties's current share price is $201.00. EastGroup Properties's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $45.95. EastGroup Properties's Cyclically Adjusted PB Ratio for today is 4.37.

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

EGP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.73   Med: 5.29   Max: 9.13
Current: 4.37

During the past years, EastGroup Properties's highest Cyclically Adjusted PB Ratio was 9.13. The lowest was 3.73. And the median was 5.29.

EGP's Cyclically Adjusted PB Ratio is ranked worse than
96.36% of 549 companies
in the REITs industry
Industry Median: 0.8 vs EGP: 4.37

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.

EastGroup Properties's adjusted book value per share data for the three months ended in Jun. 2026 was $66.498. 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 $45.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


EastGroup Properties  (NYSE:EGP) 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.


EastGroup Properties Cyclically Adjusted PB Ratio Related Terms


EastGroup Properties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EastGroup Properties'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.

EastGroup Properties Cyclically Adjusted PB Ratio Chart

EastGroup Properties 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 9.13 5.11 5.59 4.29 4.19

EastGroup Properties 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 4.15 4.07 4.19 4.17 4.41

EGP vs CUBE, LINE, FR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Industrial subindustry, EastGroup Properties'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.


EastGroup Properties Cyclically Adjusted PB Ratio vs REITs Industry

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

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


EGP
96GF Score
EastGroup Properties Inc EGP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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EastGroup Properties 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.

EastGroup Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=201.00/45.95
=4.37

* 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.

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

For example, EastGroup Properties'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)
=66.498/333.9520*333.9520
=66.498

Current CPI (Jun. 2026) = 333.9520.

EastGroup Properties Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.259 241.428 25.257
201612 19.131 241.432 26.462
201703 19.785 243.801 27.101
201706 20.885 244.955 28.473
201709 20.969 246.819 28.372
201712 21.563 246.524 29.210
201803 22.122 249.554 29.604
201806 23.488 251.989 31.128
201809 24.093 252.439 31.873
201812 24.741 251.233 32.887
201903 25.029 254.202 32.881
201906 26.820 256.143 34.967
201909 28.808 256.759 37.469
201912 30.842 256.974 40.081
202003 30.486 258.115 39.443
202006 30.904 257.797 40.033
202009 31.421 260.280 40.315
202012 31.999 260.474 41.026
202103 32.880 264.877 41.454
202106 33.967 271.696 41.750
202109 34.876 274.310 42.459
202112 38.045 278.802 45.571
202203 40.140 287.504 46.625
202206 45.557 296.311 51.344
202209 45.644 296.808 51.356
202212 44.818 296.797 50.429
202303 46.018 301.836 50.914
202306 48.835 305.109 53.452
202309 51.407 307.789 55.777
202312 54.682 306.746 59.532
202403 55.384 312.332 59.218
202406 56.866 314.175 60.446
202409 57.563 315.301 60.968
202412 63.524 315.605 67.217
202503 63.998 319.799 66.830
202506 64.662 322.561 66.945
202509 65.769 324.800 67.622
202512 65.535 324.054 67.537
202603 66.535 330.213 67.288
202606 66.498 333.952 66.498

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 4.37 mean?
EastGroup Properties (EGP) has a Cyclically Adjusted PB Ratio of 4.37 as of Aug. 22, 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 EastGroup Properties and its competitors. This is 17% below median its historical median of 5.29. Over the past decade, EastGroup Properties' Cyclically Adjusted PB Ratio has ranged from 3.73 to 9.13. According to the industry distribution chart, EastGroup Properties ranks #529 out of 549 companies in the REITs industry, placing it in the top 96.4%.
Is EastGroup Properties' Cyclically Adjusted PB Ratio too high?
EastGroup Properties' current Cyclically Adjusted PB Ratio of 4.37 is 17% below median its 10-year median of 5.29. Over the past 10 years, this metric has ranged from a low of 3.73 to a high of 9.13. The REITs industry median Cyclically Adjusted PB Ratio is 0.80. EastGroup Properties' value of 4.37 is 446.3% above this industry median. Based on the distribution chart, EastGroup Properties ranks #529 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, EastGroup Properties has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does EastGroup Properties' Cyclically Adjusted PB Ratio compare to CUBE and LINE?
According to the REITs industry distribution chart, EastGroup Properties ranks #529 out of 549 companies for Cyclically Adjusted PB Ratio. This places EastGroup Properties in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.80. EastGroup Properties' value of 4.37 is 446.3% above this benchmark. Historically, EastGroup Properties' own Cyclically Adjusted PB Ratio has ranged from 3.73 to 9.13 over the past decade. While the company's 10-year median is 5.29 vs. the industry median of 0.80, EastGroup Properties 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 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. EastGroup Properties's current Cyclically Adjusted PB Ratio of 4.37 is 446.3% 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 EastGroup Properties 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. EastGroup Properties's current Cyclically Adjusted PB Ratio is 4.37, which is 17% below median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EastGroup Properties stock overvalued right now?
Based on GuruFocus' analysis, EastGroup Properties (EGP) is currently considered Fairly Valued. The stock's GF Value™ is $194.89, compared to a current price of $201.00 — trading 3.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.37, which is 17% below median its 10-year median of 5.29 and 446.3% above the REITs industry median of 0.80. EastGroup Properties' overall GF Score™ is 96/100 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 EastGroup Properties (EGP), the current Cyclically Adjusted PB Ratio is 4.37 as of Aug. 22, 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 EastGroup Properties (EGP) Overvalued in 2026?

Based on GuruFocus' analysis, EastGroup Properties stock appears to be overvalued. The current stock price of $201.00 is trading 3.1% above its estimated GF Value™ of $194.89. GuruFocus considers EastGroup Properties to be Fairly Valued.

Key valuation signals for EGP:

  • Cyclically Adjusted PB Ratio: 4.37 (17% below median its 10-year median of 5.29)
  • GF Value™: $194.89 vs. price of $201.00 (3.1% above fair value)
  • GF Score™: 96/100 with 7 warning signs
  • Industry Position: 446.3% above the REITs median (#529 of 549)

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


EastGroup Properties Business Description

Industry Real EstateREITs
Other Exchanges EGO:Germany
Address 400 West Parkway Place, Suite 100, Ridgeland, MS, USA, 39157
EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in Sunbelt markets throughout the United States, predominantly in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. The group has one reportable segment, which is industrial properties. The company derives its revenue in the form of rental income.
96GF Score

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

$201.00
Price
$194.89
GF Value