Transcontinental Realty Investors (FRA:TI9) Cyclically Adjusted PB Ratio: 0.54 (As of Sep. 07, 2026) — 44% Below Median

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FRA:TI9 Transcontinental Realty Investors Inc FRA:TI9
66 GF Score
Price €33.20
GF Value €32.38
! 6 Warning Signs
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What is Transcontinental Realty Investors Cyclically Adjusted PB Ratio?

Transcontinental Realty Investors FRA:TI9 +3.75% 66 Cyclically Adjusted PB Ratio is 0.54 as of Sep. 07, 2026, which is 44% below its 10-year median of 0.97. GuruFocus rates FRA:TI9 with a GF Score™ of 66/100 and a GF Value™ of €32.38. The stock has 6 warning signs investors should review. Among 1,305 Real Estate companies, Transcontinental Realty Investors ranks better than 56.55% on this metric.

As of today (2026-09-07), Transcontinental Realty Investors's current share price is €33.20. Transcontinental Realty Investors's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €61.82. Transcontinental Realty Investors's Cyclically Adjusted PB Ratio for today is 0.54.

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

FRA:TI9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.97   Max: 2.06
Current: 0.56

During the past years, Transcontinental Realty Investors's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.37. And the median was 0.97.

FRA:TI9's Cyclically Adjusted PB Ratio is ranked better than
56.55% of 1305 companies
in the Real Estate industry
Industry Median: 0.67 vs FRA:TI9: 0.56

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.

Transcontinental Realty Investors's adjusted book value per share data for the three months ended in Jun. 2026 was €85.009. 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 €61.82 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transcontinental Realty Investors  (FRA:TI9) 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.


Transcontinental Realty Investors Cyclically Adjusted PB Ratio Related Terms


Transcontinental Realty Investors Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Transcontinental Realty Investors'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.

Transcontinental Realty Investors Cyclically Adjusted PB Ratio Chart

Transcontinental Realty Investors 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 1.30 1.20 0.76 0.56 0.95

Transcontinental Realty Investors 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 0.73 0.77 0.95 0.54 0.69

FRA:TI9 vs MLP, RMR, SEG: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Transcontinental Realty Investors'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.


Transcontinental Realty Investors Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


FRA:TI9
66GF Score
Transcontinental Realty Investors Inc FRA:TI9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Transcontinental Realty Investors 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.20/61.82
=0.54

* 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.

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

For example, Transcontinental Realty Investors'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)
=85.009/333.9520*333.9520
=85.009

Current CPI (Jun. 2026) = 333.9520.

Transcontinental Realty Investors Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.711 241.428 28.648
201612 22.388 241.432 30.967
201703 21.507 243.801 29.460
201706 19.386 244.955 26.429
201709 18.934 246.819 25.618
201712 18.335 246.524 24.837
201803 17.555 249.554 23.492
201806 19.219 251.989 25.470
201809 21.402 252.439 28.313
201812 36.269 251.233 48.211
201903 35.940 254.202 47.215
201906 35.292 256.143 46.013
201909 35.389 256.759 46.028
201912 34.336 256.974 44.622
202003 35.006 258.115 45.291
202006 33.925 257.797 43.947
202009 33.184 260.280 42.577
202012 32.523 260.474 41.698
202103 35.436 264.877 44.677
202106 32.061 271.696 39.407
202109 35.416 274.310 43.116
202112 35.978 278.802 43.095
202203 38.438 287.504 44.648
202206 41.849 296.311 47.165
202209 88.914 296.808 100.041
202212 89.545 296.797 100.755
202303 88.976 301.836 98.443
202306 87.985 305.109 96.303
202309 89.802 307.789 97.435
202312 87.678 306.746 95.454
202403 88.268 312.332 94.378
202406 89.293 314.175 94.914
202409 86.791 315.301 91.925
202412 92.004 315.605 97.352
202503 89.648 319.799 93.615
202506 84.068 322.561 87.037
202509 82.685 324.800 85.015
202512 83.703 324.054 86.260
202603 84.798 330.213 85.758
202606 85.009 333.952 85.009

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 0.54 mean?
Transcontinental Realty Investors (FRA:TI9) has a Cyclically Adjusted PB Ratio of 0.54 as of Sep. 07, 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 Transcontinental Realty Investors and its competitors. This is 44% below median its historical median of 0.97. Over the past decade, Transcontinental Realty Investors' Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.06. According to the industry distribution chart, Transcontinental Realty Investors ranks #567 out of 1305 companies in the Real Estate industry, placing it in the top 43.4%.
Is Transcontinental Realty Investors' Cyclically Adjusted PB Ratio too high?
Transcontinental Realty Investors' current Cyclically Adjusted PB Ratio of 0.54 is 44% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.06. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Transcontinental Realty Investors' value of 0.54 is 19.4% below this industry median. Based on the distribution chart, Transcontinental Realty Investors ranks #567 out of 1305 companies in the Real Estate industry, which is above the industry midpoint. Overall, Transcontinental Realty Investors has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Transcontinental Realty Investors' Cyclically Adjusted PB Ratio compare to MLP and RMR?
According to the Real Estate industry distribution chart, Transcontinental Realty Investors ranks #567 out of 1305 companies for Cyclically Adjusted PB Ratio. This puts Transcontinental Realty Investors in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Transcontinental Realty Investors' value of 0.54 is 19.4% below this benchmark. Historically, Transcontinental Realty Investors' own Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.06 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.67, Transcontinental Realty Investors 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,305 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. Transcontinental Realty Investors's current Cyclically Adjusted PB Ratio of 0.54 is 19.4% 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 Transcontinental Realty Investors and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcontinental Realty Investors's current Cyclically Adjusted PB Ratio is 0.54, which is 44% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcontinental Realty Investors stock overvalued right now?
Transcontinental Realty Investors (FRA:TI9) has a current Cyclically Adjusted PB Ratio of 0.54. The stock's GF Value™ is €32.38, compared to a current price of €33.20 — trading 2.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 44% below median its 10-year median of 0.97 and 19.4% below the Real Estate industry median of 0.67. Transcontinental Realty Investors' overall GF Score™ is 66/100 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 Transcontinental Realty Investors (FRA:TI9), the current Cyclically Adjusted PB Ratio is 0.54 as of Sep. 07, 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 Transcontinental Realty Investors (FRA:TI9) Overvalued in 2026?

Based on GuruFocus' analysis, Transcontinental Realty Investors stock appears to be overvalued. The current stock price of €33.20 is trading 2.5% above its estimated GF Value™ of €32.38.

Key valuation signals for FRA:TI9:

  • Cyclically Adjusted PB Ratio: 0.54 (44% below median its 10-year median of 0.97)
  • GF Value™: €32.38 vs. price of €33.20 (2.5% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 19.4% below the Real Estate median (#567 of 1305)

No single metric tells the full story. See the FRA:TI9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transcontinental Realty Investors Business Description

Other Exchanges TCI:USA
Address 1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, USA, 75234
Transcontinental Realty Investors Inc is a fully integrated externally managed real estate company. It operates in two business segments: the acquisition, development, ownership and management of multifamily properties; and the acquisition, development, ownership and management of commercial properties; which are office properties. The services for its commercial segment include rental of office space and other tenant services, including parking and storage space rental. The services for its multifamily segment include rental of apartments and other tenant services, including parking and storage space rental. the company derives maximum revenue from Multifamily Segment.
66GF Score

Get the complete analysis for FRA:TI9

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

€33.20
Price
€32.38
GF Value