Mainstreet Equity (FRA:9V4) Cyclically Adjusted PB Ratio: 1.23 (As of Sep. 03, 2026) — 10% Below Median

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FRA:9V4 Mainstreet Equity Corp FRA:9V4
91 GF Score
Price €103.00
GF Value €127.04
! 5 Warning Signs
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What is Mainstreet Equity Cyclically Adjusted PB Ratio?

Mainstreet Equity FRA:9V4 -1.90% 91 Cyclically Adjusted PB Ratio is 1.23 as of Sep. 03, 2026, which is 10% below its 10-year median of 1.37. GuruFocus rates FRA:9V4 with a GF Score™ of 91/100 and a GF Value™ of €127.04. The stock has 5 warning signs investors should review. Among 1,301 Real Estate companies, Mainstreet Equity ranks worse than 73.17% on this metric.

As of today (2026-09-03), Mainstreet Equity's current share price is €103.00. Mainstreet Equity's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €83.42. Mainstreet Equity's Cyclically Adjusted PB Ratio for today is 1.23.

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

FRA:9V4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.37   Max: 2.03
Current: 1.26

During the past years, Mainstreet Equity's highest Cyclically Adjusted PB Ratio was 2.03. The lowest was 0.77. And the median was 1.37.

FRA:9V4's Cyclically Adjusted PB Ratio is ranked worse than
73.17% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs FRA:9V4: 1.26

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.

Mainstreet Equity's adjusted book value per share data for the three months ended in Jun. 2026 was €125.159. 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 €83.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mainstreet Equity  (FRA:9V4) 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.


Mainstreet Equity Cyclically Adjusted PB Ratio Related Terms


Mainstreet Equity Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mainstreet Equity'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.

Mainstreet Equity Cyclically Adjusted PB Ratio Chart

Mainstreet Equity Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.23 1.37 1.77 1.53

Mainstreet Equity 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 1.58 1.53 1.47 1.36 1.27

FRA:9V4 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Mainstreet Equity'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.


Mainstreet Equity Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


FRA:9V4
91GF Score
Mainstreet Equity Corp FRA:9V4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mainstreet Equity 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.

Mainstreet Equity's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=103.00/83.42
=1.23

* 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.

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

For example, Mainstreet Equity'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)
=125.159/133.5265*133.5265
=125.159

Current CPI (Jun. 2026) = 133.5265.

Mainstreet Equity Quarterly Data

Book Value per Share CPI Adj_Book
201609 44.993 101.765 59.036
201612 46.746 101.449 61.527
201703 45.741 102.634 59.509
201706 43.134 103.029 55.902
201709 52.350 103.345 67.639
201712 50.971 103.345 65.857
201803 49.069 105.004 62.398
201806 52.880 105.557 66.892
201809 55.802 105.636 70.535
201812 55.955 105.399 70.888
201903 53.599 106.979 66.900
201906 54.736 107.690 67.868
201909 58.496 107.611 72.583
201912 58.704 107.769 72.734
202003 55.939 107.927 69.207
202006 57.373 108.401 70.671
202009 59.511 108.164 73.465
202012 59.160 108.559 72.766
202103 62.337 110.298 75.465
202106 76.509 111.720 91.443
202109 78.410 112.905 92.731
202112 81.734 113.774 95.924
202203 87.087 117.646 98.843
202206 91.443 120.806 101.072
202209 98.290 120.648 108.782
202212 91.329 120.964 100.814
202303 91.234 122.702 99.282
202306 95.403 124.203 102.564
202309 98.031 125.230 104.525
202312 101.789 125.072 108.669
202403 103.649 126.258 109.616
202406 102.204 127.522 107.017
202409 108.372 127.285 113.686
202412 113.242 127.364 118.721
202503 115.150 129.181 119.024
202506 116.507 129.892 119.767
202509 119.222 130.287 122.186
202512 123.037 130.366 126.020
202603 125.273 132.262 126.470
202606 125.159 133.527 125.159

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 1.23 mean?
Mainstreet Equity (FRA:9V4) has a Cyclically Adjusted PB Ratio of 1.23 as of Sep. 03, 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 Mainstreet Equity and its competitors. This is 10% below median its historical median of 1.37. Over the past decade, Mainstreet Equity's Cyclically Adjusted PB Ratio has ranged from 0.77 to 2.03. According to the industry distribution chart, Mainstreet Equity ranks #952 out of 1301 companies in the Real Estate industry, placing it in the top 73.2%.
Is Mainstreet Equity's Cyclically Adjusted PB Ratio too high?
Mainstreet Equity's current Cyclically Adjusted PB Ratio of 1.23 is 10% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 2.03. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Mainstreet Equity's value of 1.23 is 83.6% above this industry median. Based on the distribution chart, Mainstreet Equity ranks #952 out of 1301 companies in the Real Estate industry, which is below the industry midpoint. Overall, Mainstreet Equity has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Mainstreet Equity's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Mainstreet Equity ranks #952 out of 1301 companies for Cyclically Adjusted PB Ratio. This places Mainstreet Equity in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Mainstreet Equity's value of 1.23 is 83.6% above this benchmark. Historically, Mainstreet Equity's own Cyclically Adjusted PB Ratio has ranged from 0.77 to 2.03 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 0.67, Mainstreet Equity 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,301 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. Mainstreet Equity's current Cyclically Adjusted PB Ratio of 1.23 is 83.6% 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 Mainstreet Equity and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainstreet Equity's current Cyclically Adjusted PB Ratio is 1.23, which is 10% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainstreet Equity stock overvalued right now?
Mainstreet Equity (FRA:9V4) has a current Cyclically Adjusted PB Ratio of 1.23. The stock's GF Value™ is €127.04, compared to a current price of €103.00 — trading 18.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.23, which is 10% below median its 10-year median of 1.37 and 83.6% above the Real Estate industry median of 0.67. Mainstreet Equity's overall GF Score™ is 91/100 with 5 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 Mainstreet Equity (FRA:9V4), the current Cyclically Adjusted PB Ratio is 1.23 as of Sep. 03, 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 Mainstreet Equity (FRA:9V4) Overvalued in 2026?

Based on GuruFocus' analysis, Mainstreet Equity stock appears to be undervalued. The current stock price of €103.00 is trading 18.9% below its estimated GF Value™ of €127.04.

Key valuation signals for FRA:9V4:

  • Cyclically Adjusted PB Ratio: 1.23 (10% below median its 10-year median of 1.37)
  • GF Value™: €127.04 vs. price of €103.00 (18.9% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 83.6% above the Real Estate median (#952 of 1301)

No single metric tells the full story. See the FRA:9V4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mainstreet Equity Business Description

Other Exchanges MEQYF:USAMEQ:Canada
Address 10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Mainstreet Equity Corp is a residential real estate company. It focused on acquiring and managing mid-market residential rental apartment buildings in markets. The company specializes in multi-family residential housing and operates within one business segment in three provinces located in Canada. Geographically, it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The majority of revenue is derived from Alberta. The company generates maximum revenue from rental income.
91GF Score

Get the complete analysis for FRA:9V4

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

€103.00
Price
€127.04
GF Value