Corporacion Inmobiliaria VestaB de CV (FRA:K9E) Cyclically Adjusted PB Ratio: 1.09 (As of Aug. 16, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:K9E Corporacion Inmobiliaria Vesta SAB de CV FRA:K9E
65 GF Score
Price €28.20
GF Value €30.47
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Corporacion Inmobiliaria VestaB de CV Cyclically Adjusted PB Ratio?

Corporacion Inmobiliaria VestaB de CV FRA:K9E -0.70% 65 Cyclically Adjusted PB Ratio is 1.09 as of Aug. 16, 2026, which is 4% below its 10-year median of 1.13. GuruFocus rates FRA:K9E with a GF Score™ of 65/100 and a GF Value™ of €30.47 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,400 Real Estate companies, Corporacion Inmobiliaria VestaB de CV ranks worse than 66.86% on this metric.

As of today (2026-08-16), Corporacion Inmobiliaria VestaB de CV's current share price is €28.20. Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €25.80. Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio for today is 1.09.

The historical rank and industry rank for Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:K9E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.13   Max: 1.57
Current: 1.08

During the past years, Corporacion Inmobiliaria VestaB de CV's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.94. And the median was 1.13.

FRA:K9E's Cyclically Adjusted PB Ratio is ranked worse than
66.86% of 1400 companies
in the Real Estate industry
Industry Median: 0.69 vs FRA:K9E: 1.08

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.

Corporacion Inmobiliaria VestaB de CV's adjusted book value per share data for the three months ended in Jun. 2026 was €29.431. 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 €25.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporacion Inmobiliaria VestaB de CV  (FRA:K9E) 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.


Corporacion Inmobiliaria VestaB de CV Cyclically Adjusted PB Ratio Related Terms


Corporacion Inmobiliaria VestaB de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Corporacion Inmobiliaria VestaB de CV'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.

Corporacion Inmobiliaria VestaB de CV Cyclically Adjusted PB Ratio Chart

Corporacion Inmobiliaria VestaB de CV 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 1.15 1.14 1.52 1.10 1.06

Corporacion Inmobiliaria VestaB de CV 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 1.03 1.02 1.06 1.12 1.12

Corporacion Inmobiliaria VestaB de CV Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Corporacion Inmobiliaria VestaB de CV'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.


Corporacion Inmobiliaria VestaB de CV Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio falls into.


FRA:K9E
65GF Score
Corporacion Inmobiliaria Vesta SAB de CV FRA:K9E
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corporacion Inmobiliaria VestaB de CV 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.

Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.20/25.80
=1.09

* 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.

Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Corporacion Inmobiliaria VestaB de CV'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)
=29.431/165.5700*165.5700
=29.431

Current CPI (Jun. 2026) = 165.5700.

Corporacion Inmobiliaria VestaB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.576 103.084 21.805
201612 14.643 105.002 23.089
201703 15.101 108.063 23.137
201706 14.598 108.339 22.310
201709 14.004 109.628 21.150
201712 14.391 112.114 21.253
201803 13.670 113.505 19.940
201806 14.541 113.373 21.236
201809 15.309 115.130 22.016
201812 15.661 117.530 22.062
201903 15.303 118.050 21.463
201906 16.549 117.848 23.250
201909 16.792 118.581 23.446
201912 17.439 120.854 23.891
202003 17.615 121.885 23.928
202006 17.482 121.777 23.769
202009 17.306 123.341 23.231
202012 17.459 124.661 23.188
202103 15.806 127.574 20.514
202106 17.027 128.936 21.865
202109 17.504 130.742 22.167
202112 18.801 133.830 23.260
202203 19.181 137.082 23.167
202206 20.732 139.233 24.654
202209 23.084 142.116 26.894
202212 22.774 144.291 26.132
202303 22.418 146.472 25.341
202306 23.508 146.272 26.609
202309 25.142 148.446 28.042
202312 26.210 151.017 28.736
202403 26.820 152.947 29.034
202406 28.275 153.551 30.488
202409 27.907 155.246 29.763
202412 28.939 157.378 30.445
202503 27.400 158.761 28.575
202506 26.062 160.180 26.939
202509 25.912 161.030 26.643
202512 27.737 163.190 28.142
202603 29.088 166.040 29.006
202606 29.431 165.570 29.431

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 1.09 mean?
Corporacion Inmobiliaria VestaB de CV (FRA:K9E) has a Cyclically Adjusted PB Ratio of 1.09 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 Corporacion Inmobiliaria VestaB de CV and its competitors. This is near median its historical median of 1.13. Over the past decade, Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio has ranged from 0.94 to 1.57. According to the industry distribution chart, Corporacion Inmobiliaria VestaB de CV ranks #936 out of 1400 companies in the Real Estate industry, placing it in the top 66.9%.
Is Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio too high?
Corporacion Inmobiliaria VestaB de CV's current Cyclically Adjusted PB Ratio of 1.09 is near median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.57. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Corporacion Inmobiliaria VestaB de CV's value of 1.09 is 58% above this industry median. Based on the distribution chart, Corporacion Inmobiliaria VestaB de CV ranks #936 out of 1400 companies in the Real Estate industry, which is below the industry midpoint. Overall, Corporacion Inmobiliaria VestaB de CV has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corporacion Inmobiliaria VestaB de CV's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Corporacion Inmobiliaria VestaB de CV ranks #936 out of 1400 companies for Cyclically Adjusted PB Ratio. This places Corporacion Inmobiliaria VestaB de CV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Corporacion Inmobiliaria VestaB de CV's value of 1.09 is 58% above this benchmark. Historically, Corporacion Inmobiliaria VestaB de CV's own Cyclically Adjusted PB Ratio has ranged from 0.94 to 1.57 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.69, Corporacion Inmobiliaria VestaB de CV 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 0.69, based on 1,400 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. Corporacion Inmobiliaria VestaB de CV's current Cyclically Adjusted PB Ratio of 1.09 is 58% 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 Corporacion Inmobiliaria VestaB de CV and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporacion Inmobiliaria VestaB de CV's current Cyclically Adjusted PB Ratio is 1.09, which is near median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion Inmobiliaria VestaB de CV stock overvalued right now?
Based on GuruFocus' analysis, Corporacion Inmobiliaria VestaB de CV (FRA:K9E) is currently considered Fairly Valued. The stock's GF Value™ is €30.47, compared to a current price of €28.20 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is near median its 10-year median of 1.13 and 58% above the Real Estate industry median of 0.69. Corporacion Inmobiliaria VestaB de CV's overall GF Score™ is 65/100 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 Corporacion Inmobiliaria VestaB de CV (FRA:K9E), the current Cyclically Adjusted PB Ratio is 1.09 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 Corporacion Inmobiliaria VestaB de CV (FRA:K9E) Overvalued in 2026?

Based on GuruFocus' analysis, Corporacion Inmobiliaria VestaB de CV stock appears to be undervalued. The current stock price of €28.20 is trading 7.4% below its estimated GF Value™ of €30.47. GuruFocus considers Corporacion Inmobiliaria VestaB de CV to be Fairly Valued.

Key valuation signals for FRA:K9E:

  • Cyclically Adjusted PB Ratio: 1.09 (near median its 10-year median of 1.13)
  • GF Value™: €30.47 vs. price of €28.20 (7.4% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 58% above the Real Estate median (#936 of 1400)

No single metric tells the full story. See the FRA:K9E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corporacion Inmobiliaria VestaB de CV Business Description

Other Exchanges VTMX:USAVESTA:Mexico
Address Paseo de los Tamarindos No. 90, Torre II, Piso 28, Col. Bosques de las Lomas, Cuajimalpa, Mexico, MEX, 05120
Corporacion Inmobiliaria Vesta SAB de CV is an internally managed real estate company that owns, manages, develops, and leases industrial properties in Mexico. The Company's primary business is the acquisition, development, and management of industrial and distribution center real estate. The company designs and constructs park-to-suit projects across various industries; undertakes build-to-suit projects; and provides site selection, design and engineering, and sale and leaseback services. The primary source of revenue is the rental income received from customers under operating leases. It serves aerospace, automotive, food and beverage, logistics, medical devices, plastics, and other industries.
65GF Score

Get the complete analysis for FRA:K9E

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

€28.20
Price
€30.47
GF Value