Halmont Properties (FRA:MD0) Cyclically Adjusted PB Ratio: 1.04 (As of Jul. 26, 2026) — 23% Below Median

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FRA:MD0 Halmont Properties Corp FRA:MD0
65 GF Score
Price €0.46
GF Value €0.43
! 6 Warning Signs
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What is Halmont Properties Cyclically Adjusted PB Ratio?

Halmont Properties FRA:MD0 +0.44% 65 Cyclically Adjusted PB Ratio is 1.04 as of Jul. 26, 2026, which is 23% below its 10-year median of 1.35. GuruFocus rates FRA:MD0 with a GF Score™ of 65/100 and a GF Value™ of €0.43. The stock has 6 warning signs investors should review. Among 1,426 Real Estate companies, Halmont Properties ranks worse than 66.41% on this metric.

As of today (2026-07-26), Halmont Properties's current share price is €0.456. Halmont Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.44. Halmont Properties's Cyclically Adjusted PB Ratio for today is 1.04.

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

FRA:MD0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.35   Max: 3.44
Current: 1.05

During the past years, Halmont Properties's highest Cyclically Adjusted PB Ratio was 3.44. The lowest was 0.88. And the median was 1.35.

FRA:MD0's Cyclically Adjusted PB Ratio is ranked worse than
66.41% of 1426 companies
in the Real Estate industry
Industry Median: 0.69 vs FRA:MD0: 1.05

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.

Halmont Properties's adjusted book value per share data for the three months ended in Mar. 2026 was €0.963. 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 €0.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Halmont Properties  (FRA:MD0) 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.


Halmont Properties Cyclically Adjusted PB Ratio Related Terms


Halmont Properties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Halmont 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.

Halmont Properties Cyclically Adjusted PB Ratio Chart

Halmont 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 1.35 1.27 1.15 1.00 1.14

Halmont Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.12 1.04 1.09 1.14 1.05

FRA:MD0 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Halmont 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.


Halmont Properties Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


FRA:MD0
65GF Score
Halmont Properties Corp FRA:MD0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Halmont 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.456/0.44
=1.04

* 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.

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

For example, Halmont Properties's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.963/132.2623*132.2623
=0.963

Current CPI (Mar. 2026) = 132.2623.

Halmont Properties Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.291 102.002 0.377
201609 0.290 101.765 0.377
201612 0.407 101.449 0.531
201703 0.404 102.634 0.521
201706 0.389 103.029 0.499
201709 0.396 103.345 0.507
201712 0.394 103.345 0.504
201803 0.374 105.004 0.471
201806 0.393 105.557 0.492
201809 0.403 105.636 0.505
201812 0.392 105.399 0.492
201903 0.401 106.979 0.496
201906 0.406 107.690 0.499
201909 0.435 107.611 0.535
201912 0.584 107.769 0.717
202003 0.554 107.927 0.679
202006 0.568 108.401 0.693
202009 0.561 108.164 0.686
202012 0.483 108.559 0.588
202103 0.506 110.298 0.607
202106 0.520 111.720 0.616
202109 0.517 112.905 0.606
202112 0.695 113.774 0.808
202203 0.725 117.646 0.815
202206 0.680 120.806 0.744
202209 0.695 120.648 0.762
202212 0.744 120.964 0.813
202303 0.630 122.702 0.679
202306 0.651 124.203 0.693
202309 0.661 125.230 0.698
202312 0.819 125.072 0.866
202403 0.730 126.258 0.765
202406 0.745 127.522 0.773
202409 0.745 127.285 0.774
202412 0.937 127.364 0.973
202503 0.917 129.181 0.939
202506 0.917 129.892 0.934
202509 0.901 130.287 0.915
202512 0.930 130.366 0.944
202603 0.963 132.262 0.963

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 1.04 mean?
Halmont Properties (FRA:MD0) has a Cyclically Adjusted PB Ratio of 1.04 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 Halmont Properties and its competitors. This is 23% below median its historical median of 1.35. Over the past decade, Halmont Properties' Cyclically Adjusted PB Ratio has ranged from 0.88 to 3.44. According to the industry distribution chart, Halmont Properties ranks #947 out of 1426 companies in the Real Estate industry, placing it in the top 66.4%.
Is Halmont Properties' Cyclically Adjusted PB Ratio too high?
Halmont Properties' current Cyclically Adjusted PB Ratio of 1.04 is 23% below median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 3.44. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Halmont Properties' value of 1.04 is 50.7% above this industry median. Based on the distribution chart, Halmont Properties ranks #947 out of 1426 companies in the Real Estate industry, which is below the industry midpoint. Overall, Halmont Properties has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Halmont Properties' Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Halmont Properties ranks #947 out of 1426 companies for Cyclically Adjusted PB Ratio. This places Halmont Properties in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Halmont Properties' value of 1.04 is 50.7% above this benchmark. Historically, Halmont Properties' own Cyclically Adjusted PB Ratio has ranged from 0.88 to 3.44 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 0.69, Halmont 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,426 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. Halmont Properties's current Cyclically Adjusted PB Ratio of 1.04 is 50.7% 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 Halmont Properties 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. Halmont Properties's current Cyclically Adjusted PB Ratio is 1.04, which is 23% below median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halmont Properties stock overvalued right now?
Halmont Properties (FRA:MD0) has a current Cyclically Adjusted PB Ratio of 1.04. The stock's GF Value™ is €0.43, compared to a current price of €0.46 — trading 6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.04, which is 23% below median its 10-year median of 1.35 and 50.7% above the Real Estate industry median of 0.69. Halmont Properties' overall GF Score™ is 65/100 with 6 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 Halmont Properties (FRA:MD0), the current Cyclically Adjusted PB Ratio is 1.04 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 Halmont Properties (FRA:MD0) Overvalued in 2026?

Based on GuruFocus' analysis, Halmont Properties stock appears to be overvalued. The current stock price of €0.46 is trading 6% above its estimated GF Value™ of €0.43.

Key valuation signals for FRA:MD0:

  • Cyclically Adjusted PB Ratio: 1.04 (23% below median its 10-year median of 1.35)
  • GF Value™: €0.43 vs. price of €0.46 (6% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 50.7% above the Real Estate median (#947 of 1426)

No single metric tells the full story. See the FRA:MD0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Halmont Properties Business Description

Other Exchanges HMT:Canada
Address 181 Bay Street, Suite IN200, Toronto, ON, CAN, M5J 2T3
Halmont Properties Corp is a Canadian company invest in real estate properties, forest properties, and financial loans. The company's operating activities are organized into three reportable segments, Real Estates includes commercial properties; Forest Properties includes freehold timberlands and sawmill facilities; and financial loans includes property and construction loans, limited partnership interests and marketable securities. The company generates majority of revenue from Real Estate segment.
65GF Score

Get the complete analysis for FRA:MD0

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

€0.46
Price
€0.43
GF Value