ACRES Commercial Realty (FRA:R9L) Cyclically Adjusted PB Ratio: 0.28 (As of Aug. 03, 2026) — Near Median

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FRA:R9L ACRES Commercial Realty Corp FRA:R9L
51 GF Score
Price €14.30
GF Value €14.41
Valuation Fairly Valued
! 1 Warning Sign
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What is ACRES Commercial Realty Cyclically Adjusted PB Ratio?

ACRES Commercial Realty FRA:R9L +2.14% 51 Cyclically Adjusted PB Ratio is 0.28 as of Aug. 03, 2026, which is 4% above its 10-year median of 0.27. GuruFocus rates FRA:R9L with a GF Score™ of 51/100 and a GF Value™ of €14.41 (Fairly Valued). The stock has 1 warning sign investors should review. Among 553 REITs companies, ACRES Commercial Realty ranks better than 88.07% on this metric.

As of today (2026-08-03), ACRES Commercial Realty's current share price is €14.30. ACRES Commercial Realty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €50.40. ACRES Commercial Realty's Cyclically Adjusted PB Ratio for today is 0.28.

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

FRA:R9L' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.27   Max: 0.5
Current: 0.27

During the past years, ACRES Commercial Realty's highest Cyclically Adjusted PB Ratio was 0.50. The lowest was 0.04. And the median was 0.27.

FRA:R9L's Cyclically Adjusted PB Ratio is ranked better than
88.07% of 553 companies
in the REITs industry
Industry Median: 0.81 vs FRA:R9L: 0.27

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.

ACRES Commercial Realty's adjusted book value per share data for the three months ended in Mar. 2026 was €51.023. 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 €50.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACRES Commercial Realty  (FRA:R9L) 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.


ACRES Commercial Realty Cyclically Adjusted PB Ratio Related Terms


ACRES Commercial Realty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ACRES Commercial 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.

ACRES Commercial Realty Cyclically Adjusted PB Ratio Chart

ACRES Commercial 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 0.17 0.11 0.14 0.24 0.33

ACRES Commercial Realty 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 0.33 0.27 0.32 0.33 0.30

FRA:R9L vs SUNS, RPT, CHMI: Cyclically Adjusted PB Ratio Comparison

For the REIT - Mortgage subindustry, ACRES Commercial 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.


ACRES Commercial Realty Cyclically Adjusted PB Ratio vs REITs Industry

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

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


FRA:R9L
51GF Score
ACRES Commercial Realty Corp FRA:R9L
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACRES Commercial 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.30/50.40
=0.28

* 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.

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

For example, ACRES Commercial Realty'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)
=51.023/330.2130*330.2130
=51.023

Current CPI (Mar. 2026) = 330.2130.

ACRES Commercial Realty Quarterly Data

Book Value per Share CPI Adj_Book
201606 66.617 241.018 91.270
201609 61.918 241.428 84.688
201612 64.509 241.432 88.231
201703 63.115 243.801 85.485
201706 60.000 244.955 80.883
201709 58.600 246.819 78.399
201712 54.156 246.524 72.541
201803 42.293 249.554 55.963
201806 45.094 251.989 59.092
201809 45.509 252.439 59.530
201812 46.134 251.233 60.637
201903 46.476 254.202 60.373
201906 46.483 256.143 59.925
201909 48.512 256.759 62.390
201912 47.121 256.974 60.551
202003 28.982 258.115 37.077
202006 25.482 257.797 32.640
202009 25.221 260.280 31.997
202012 27.048 260.474 34.290
202103 29.950 264.877 37.338
202106 39.669 271.696 48.213
202109 39.980 274.310 48.128
202112 43.354 278.802 51.348
202203 45.497 287.504 52.256
202206 46.856 296.311 52.217
202209 50.757 296.808 56.470
202212 47.206 296.797 52.521
202303 46.856 301.836 51.261
202306 47.086 305.109 50.960
202309 48.541 307.789 52.077
202312 50.726 306.746 54.607
202403 51.808 312.332 54.774
202406 51.016 314.175 53.620
202409 50.473 315.301 52.860
202412 54.933 315.605 57.476
202503 53.660 319.799 55.407
202506 51.625 322.561 52.850
202509 49.972 324.800 50.805
202512 52.178 324.054 53.170
202603 51.023 330.213 51.023

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 0.28 mean?
ACRES Commercial Realty (FRA:R9L) has a Cyclically Adjusted PB Ratio of 0.28 as of Aug. 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 ACRES Commercial Realty and its competitors. This is near median its historical median of 0.27. Over the past decade, ACRES Commercial Realty's Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.50. According to the industry distribution chart, ACRES Commercial Realty ranks #66 out of 553 companies in the REITs industry, placing it in the top 11.9%.
Is ACRES Commercial Realty's Cyclically Adjusted PB Ratio too high?
ACRES Commercial Realty's current Cyclically Adjusted PB Ratio of 0.28 is near median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.50. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. ACRES Commercial Realty's value of 0.28 is 65.4% below this industry median. Based on the distribution chart, ACRES Commercial Realty ranks #66 out of 553 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, ACRES Commercial Realty has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ACRES Commercial Realty's Cyclically Adjusted PB Ratio compare to SUNS and RPT?
According to the REITs industry distribution chart, ACRES Commercial Realty ranks #66 out of 553 companies for Cyclically Adjusted PB Ratio. This places ACRES Commercial Realty in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.81. ACRES Commercial Realty's value of 0.28 is 65.4% below this benchmark. Historically, ACRES Commercial Realty's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.50 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.81, ACRES Commercial Realty 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. ACRES Commercial Realty's current Cyclically Adjusted PB Ratio of 0.28 is 65.4% 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 ACRES Commercial Realty 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. ACRES Commercial Realty's current Cyclically Adjusted PB Ratio is 0.28, which is near median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACRES Commercial Realty stock overvalued right now?
Based on GuruFocus' analysis, ACRES Commercial Realty (FRA:R9L) is currently considered Fairly Valued. The stock's GF Value™ is €14.41, compared to a current price of €14.30 — trading 0.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.28, which is near median its 10-year median of 0.27 and 65.4% below the REITs industry median of 0.81. ACRES Commercial Realty's overall GF Score™ is 51/100 with 1 warning sign 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 ACRES Commercial Realty (FRA:R9L), the current Cyclically Adjusted PB Ratio is 0.28 as of Aug. 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 ACRES Commercial Realty (FRA:R9L) Overvalued in 2026?

Based on GuruFocus' analysis, ACRES Commercial Realty stock appears to be undervalued. The current stock price of €14.30 is trading 0.8% below its estimated GF Value™ of €14.41. GuruFocus considers ACRES Commercial Realty to be Fairly Valued.

Key valuation signals for FRA:R9L:

  • Cyclically Adjusted PB Ratio: 0.28 (near median its 10-year median of 0.27)
  • GF Value™: €14.41 vs. price of €14.30 (0.8% below fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 65.4% below the REITs median (#66 of 553)

No single metric tells the full story. See the FRA:R9L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACRES Commercial Realty Business Description

Industry Real EstateREITs
Other Exchanges ACRpC.PFD:USAACR:USA
Address 390 RXR Plaza, Uniondale, New York, NY, USA, 11556
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on originating, holding, and managing commercial real estate (CRE) mortgage loans and equity investments in commercial real estate properties through direct ownership and joint ventures. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralized debt obligations, and private equity investments mainly issued by financial institutions.
51GF Score

Get the complete analysis for FRA:R9L

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

€14.30
Price
€14.41
GF Value