Getty Realty (FRA:GRL) Cyclically Adjusted PB Ratio: 1.90 (As of Jul. 26, 2026) — Near Median

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FRA:GRL Getty Realty Corp FRA:GRL
85 GF Score
Price €29.56
GF Value €26.24
! 7 Warning Signs
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What is Getty Realty Cyclically Adjusted PB Ratio?

Getty Realty FRA:GRL -3.08% 85 Cyclically Adjusted PB Ratio is 1.90 as of Jul. 26, 2026, which is 8% below its 10-year median of 2.06. GuruFocus rates FRA:GRL with a GF Score™ of 85/100 and a GF Value™ of €26.24. The stock has 7 warning signs investors should review. Among 557 REITs companies, Getty Realty ranks worse than 86.18% on this metric.

As of today (2026-07-26), Getty Realty's current share price is €29.56. Getty Realty's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €15.54. Getty Realty's Cyclically Adjusted PB Ratio for today is 1.90.

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

FRA:GRL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 2.06   Max: 2.7
Current: 1.88

During the past years, Getty Realty's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 1.38. And the median was 2.06.

FRA:GRL's Cyclically Adjusted PB Ratio is ranked worse than
86.18% of 557 companies
in the REITs industry
Industry Median: 0.83 vs FRA:GRL: 1.88

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.

Getty Realty's adjusted book value per share data for the three months ended in Jun. 2026 was €16.113. 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 €15.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Getty Realty  (FRA:GRL) 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.


Getty Realty Cyclically Adjusted PB Ratio Related Terms


Getty Realty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Getty 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.

Getty Realty Cyclically Adjusted PB Ratio Chart

Getty 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 2.16 2.12 1.75 1.74 1.53

Getty 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 1.56 1.50 1.53 1.74 1.81

FRA:GRL vs NTST, CBL, ALX: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Getty 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.


Getty Realty Cyclically Adjusted PB Ratio vs REITs Industry

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

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


FRA:GRL
85GF Score
Getty Realty Corp FRA:GRL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Getty 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.56/15.54
=1.90

* 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.

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

For example, Getty 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)
=16.113/333.9520*333.9520
=16.113

Current CPI (Jun. 2026) = 333.9520.

Getty Realty Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.044 241.428 15.276
201612 11.878 241.432 16.430
201703 11.745 243.801 16.088
201706 11.345 244.955 15.467
201709 11.636 246.819 15.744
201712 11.786 246.524 15.966
201803 11.264 249.554 15.073
201806 12.048 251.989 15.967
201809 12.101 252.439 16.008
201812 12.504 251.233 16.621
201903 12.517 254.202 16.444
201906 12.584 256.143 16.407
201909 12.894 256.759 16.771
201912 12.824 256.974 16.666
202003 12.823 258.115 16.591
202006 12.631 257.797 16.362
202009 12.278 260.280 15.753
202012 12.434 260.474 15.942
202103 12.885 264.877 16.245
202106 12.733 271.696 15.651
202109 13.165 274.310 16.027
202112 14.116 278.802 16.908
202203 14.472 287.504 16.810
202206 15.325 296.311 17.272
202209 16.250 296.808 18.284
202212 15.348 296.797 17.269
202303 15.780 301.836 17.459
202306 15.720 305.109 17.206
202309 16.462 307.789 17.861
202312 16.241 306.746 17.681
202403 16.198 312.332 17.319
202406 16.305 314.175 17.331
202409 15.777 315.301 16.710
202412 16.697 315.605 17.668
202503 16.036 319.799 16.746
202506 15.051 322.561 15.583
202509 14.937 324.800 15.358
202512 15.307 324.054 15.775
202603 15.584 330.213 15.760
202606 16.113 333.952 16.113

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 1.90 mean?
Getty Realty (FRA:GRL) has a Cyclically Adjusted PB Ratio of 1.90 as of Jul. 26, 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 Getty Realty and its competitors. This is near median its historical median of 2.06. Over the past decade, Getty Realty's Cyclically Adjusted PB Ratio has ranged from 1.38 to 2.70. According to the industry distribution chart, Getty Realty ranks #480 out of 557 companies in the REITs industry, placing it in the top 86.2%.
Is Getty Realty's Cyclically Adjusted PB Ratio too high?
Getty Realty's current Cyclically Adjusted PB Ratio of 1.90 is near median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 2.70. The REITs industry median Cyclically Adjusted PB Ratio is 0.83. Getty Realty's value of 1.90 is 128.9% above this industry median. Based on the distribution chart, Getty Realty ranks #480 out of 557 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Getty Realty has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Getty Realty's Cyclically Adjusted PB Ratio compare to NTST and CBL?
According to the REITs industry distribution chart, Getty Realty ranks #480 out of 557 companies for Cyclically Adjusted PB Ratio. This places Getty Realty in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.83. Getty Realty's value of 1.90 is 128.9% above this benchmark. Historically, Getty Realty's own Cyclically Adjusted PB Ratio has ranged from 1.38 to 2.70 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 0.83, Getty 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 0.83, based on 557 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. Getty Realty's current Cyclically Adjusted PB Ratio of 1.90 is 128.9% 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 Getty Realty and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Getty Realty's current Cyclically Adjusted PB Ratio is 1.90, which is near median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Getty Realty stock overvalued right now?
Getty Realty (FRA:GRL) has a current Cyclically Adjusted PB Ratio of 1.90. The stock's GF Value™ is €26.24, compared to a current price of €29.56 — trading 12.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.90, which is near median its 10-year median of 2.06 and 128.9% above the REITs industry median of 0.83. Getty Realty's overall GF Score™ is 85/100 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 Getty Realty (FRA:GRL), the current Cyclically Adjusted PB Ratio is 1.90 as of Jul. 26, 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 Getty Realty (FRA:GRL) Overvalued in 2026?

Based on GuruFocus' analysis, Getty Realty stock appears to be overvalued. The current stock price of €29.56 is trading 12.7% above its estimated GF Value™ of €26.24.

Key valuation signals for FRA:GRL:

  • Cyclically Adjusted PB Ratio: 1.90 (near median its 10-year median of 2.06)
  • GF Value™: €26.24 vs. price of €29.56 (12.7% above fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 128.9% above the REITs median (#480 of 557)

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


Getty Realty Business Description

Industry Real EstateREITs
Other Exchanges GTY:USA
Address 292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is a net lease real estate investment trust in the U.S.A, specializing in the acquisition, financing, and development of convenience, automotive, and other single-tenant retail real estate. The company's portfolio includes convenience stores, express tunnel car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, and collision), drive-thru quick service restaurants, and certain other freestanding retail properties. It generates maximum revenue in the form of rental income.
85GF Score

Get the complete analysis for FRA:GRL

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

€29.56
Price
€26.24
GF Value