Riocan Real Estate Investment Trust (FRA:R7G) Cyclically Adjusted PB Ratio: 0.77 (As of Aug. 04, 2026) — Near Median

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FRA:R7G Riocan Real Estate Investment Trust FRA:R7G
73 GF Score
Price €13.60
GF Value €12.66
Valuation Fairly Valued
! 10 Warning Signs
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What is Riocan Real Estate Investment Trust Cyclically Adjusted PB Ratio?

Riocan Real Estate Investment Trust FRA:R7G -0.73% 73 Cyclically Adjusted PB Ratio is 0.77 as of Aug. 04, 2026, which is 3% below its 10-year median of 0.79. GuruFocus rates FRA:R7G with a GF Score™ of 73/100 and a GF Value™ of €12.66 (Fairly Valued). The stock has 10 warning signs investors should review. Among 553 REITs companies, Riocan Real Estate Investment Trust ranks better than 52.8% on this metric.

As of today (2026-08-04), Riocan Real Estate Investment Trust's current share price is €13.60. Riocan Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €17.74. Riocan Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.77.

The historical rank and industry rank for Riocan Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:R7G' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.79   Max: 1.73
Current: 0.78

During the past years, Riocan Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 0.56. And the median was 0.79.

FRA:R7G's Cyclically Adjusted PB Ratio is ranked better than
52.8% of 553 companies
in the REITs industry
Industry Median: 0.81 vs FRA:R7G: 0.78

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.

Riocan Real Estate Investment Trust's adjusted book value per share data for the three months ended in Mar. 2026 was €15.422. 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 €17.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Riocan Real Estate Investment Trust  (FRA:R7G) 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.


Riocan Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms


Riocan Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Riocan Real Estate Investment Trust'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.

Riocan Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Riocan Real Estate Investment Trust 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 0.87 0.75 0.65 0.63 0.65

Riocan Real Estate Investment Trust 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 0.59 0.61 0.66 0.65 0.65

FRA:R7G vs SPG, O, KIM: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Riocan Real Estate Investment Trust'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.


Riocan Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Riocan Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


FRA:R7G
73GF Score
Riocan Real Estate Investment Trust FRA:R7G
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Riocan Real Estate Investment Trust 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.

Riocan Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.60/17.74
=0.77

* 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.

Riocan Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Riocan Real Estate Investment Trust'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)
=15.422/132.2623*132.2623
=15.422

Current CPI (Mar. 2026) = 132.2623.

Riocan Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.284 102.002 21.115
201609 16.242 101.765 21.110
201612 17.114 101.449 22.312
201703 16.934 102.634 21.823
201706 16.298 103.029 20.922
201709 16.768 103.345 21.460
201712 16.444 103.345 21.045
201803 15.640 105.004 19.700
201806 16.276 105.557 20.394
201809 16.460 105.636 20.609
201812 16.439 105.399 20.629
201903 16.769 106.979 20.732
201906 17.168 107.690 21.085
201909 17.839 107.611 21.925
201912 17.865 107.769 21.925
202003 16.806 107.927 20.595
202006 16.022 108.401 19.549
202009 15.710 108.164 19.210
202012 15.622 108.559 19.033
202103 16.395 110.298 19.660
202106 16.828 111.720 19.922
202109 16.768 112.905 19.643
202112 17.657 113.774 20.526
202203 18.622 117.646 20.936
202206 18.995 120.806 20.796
202209 19.626 120.648 21.515
202212 17.881 120.964 19.551
202303 17.631 122.702 19.005
202306 18.062 124.203 19.234
202309 17.651 125.230 18.642
202312 16.920 125.072 17.893
202403 16.915 126.258 17.719
202406 16.962 127.522 17.593
202409 16.633 127.285 17.283
202412 16.862 127.364 17.511
202503 15.864 129.181 16.242
202506 15.790 129.892 16.078
202509 14.895 130.287 15.121
202512 15.086 130.366 15.305
202603 15.422 132.262 15.422

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 0.77 mean?
Riocan Real Estate Investment Trust (FRA:R7G) has a Cyclically Adjusted PB Ratio of 0.77 as of Aug. 04, 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 Riocan Real Estate Investment Trust and its competitors. This is near median its historical median of 0.79. Over the past decade, Riocan Real Estate Investment Trust's Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.73. According to the industry distribution chart, Riocan Real Estate Investment Trust ranks #261 out of 553 companies in the REITs industry, placing it in the top 47.2%.
Is Riocan Real Estate Investment Trust's Cyclically Adjusted PB Ratio too high?
Riocan Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.77 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.73. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Riocan Real Estate Investment Trust's value of 0.77 is 4.9% below this industry median. Based on the distribution chart, Riocan Real Estate Investment Trust ranks #261 out of 553 companies in the REITs industry, which is above the industry midpoint. Overall, Riocan Real Estate Investment Trust has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Riocan Real Estate Investment Trust's Cyclically Adjusted PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, Riocan Real Estate Investment Trust ranks #261 out of 553 companies for Cyclically Adjusted PB Ratio. This puts Riocan Real Estate Investment Trust in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Riocan Real Estate Investment Trust's value of 0.77 is 4.9% below this benchmark. Historically, Riocan Real Estate Investment Trust's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.73 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.81, Riocan Real Estate Investment Trust has consistently been below 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 0.81, based on 553 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. Riocan Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.77 is 4.9% below 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 Riocan Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riocan Real Estate Investment Trust's current Cyclically Adjusted PB Ratio is 0.77, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riocan Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Riocan Real Estate Investment Trust (FRA:R7G) is currently considered Fairly Valued. The stock's GF Value™ is €12.66, compared to a current price of €13.60 — trading 7.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.77, which is near median its 10-year median of 0.79 and 4.9% below the REITs industry median of 0.81. Riocan Real Estate Investment Trust's overall GF Score™ is 73/100 with 10 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 Riocan Real Estate Investment Trust (FRA:R7G), the current Cyclically Adjusted PB Ratio is 0.77 as of Aug. 04, 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 Riocan Real Estate Investment Trust (FRA:R7G) Overvalued in 2026?

Based on GuruFocus' analysis, Riocan Real Estate Investment Trust stock appears to be overvalued. The current stock price of €13.60 is trading 7.4% above its estimated GF Value™ of €12.66. GuruFocus considers Riocan Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for FRA:R7G:

  • Cyclically Adjusted PB Ratio: 0.77 (near median its 10-year median of 0.79)
  • GF Value™: €12.66 vs. price of €13.60 (7.4% above fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 4.9% below the REITs median (#261 of 553)

No single metric tells the full story. See the FRA:R7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riocan Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges RIOCF:USAREI.UN:Canada
Address 2300 Yonge Street, Suite 500, P. O. Box 2386, RioCan Yonge Eglinton Centre, Toronto, ON, CAN, M4P 1E4
Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with majority of its properties located in Ontario, Canada. The company's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates.
73GF Score

Get the complete analysis for FRA:R7G

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

€13.60
Price
€12.66
GF Value