UDR (FRA:UF0) Cyclically Adjusted PB Ratio: 2.83 (As of Aug. 19, 2026) — 16% Below Median

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FRA:UF0 UDR Inc FRA:UF0
82 GF Score
Price €32.08
GF Value €34.83
Valuation Fairly Valued
! 9 Warning Signs
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What is UDR Cyclically Adjusted PB Ratio?

UDR FRA:UF0 -0.65% 82 Cyclically Adjusted PB Ratio is 2.83 as of Aug. 19, 2026, which is 16% below its 10-year median of 3.38. GuruFocus rates FRA:UF0 with a GF Score™ of 82/100 and a GF Value™ of €34.83 (Fairly Valued). The stock has 9 warning signs investors should review. Among 549 REITs companies, UDR ranks worse than 93.44% on this metric.

As of today (2026-08-19), UDR's current share price is €32.08. UDR's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €11.35. UDR's Cyclically Adjusted PB Ratio for today is 2.83.

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

FRA:UF0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.43   Med: 3.38   Max: 4.89
Current: 2.87

During the past years, UDR's highest Cyclically Adjusted PB Ratio was 4.89. The lowest was 2.43. And the median was 3.38.

FRA:UF0's Cyclically Adjusted PB Ratio is ranked worse than
93.44% of 549 companies
in the REITs industry
Industry Median: 0.8 vs FRA:UF0: 2.87

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.

UDR's adjusted book value per share data for the three months ended in Jun. 2026 was €7.823. 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 €11.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


UDR  (FRA:UF0) 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.


UDR Cyclically Adjusted PB Ratio Related Terms


UDR Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UDR'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.

UDR Cyclically Adjusted PB Ratio Chart

UDR 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 4.89 3.04 2.97 3.35 2.86

UDR 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 3.14 2.87 2.86 2.61 3.09

FRA:UF0 vs ELS, AMH, CPT: Cyclically Adjusted PB Ratio Comparison

For the REIT - Residential subindustry, UDR'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.


UDR Cyclically Adjusted PB Ratio vs REITs Industry

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

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


FRA:UF0
82GF Score
UDR Inc FRA:UF0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UDR 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.

UDR's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.08/11.35
=2.83

* 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.

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

For example, UDR'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)
=7.823/333.9520*333.9520
=7.823

Current CPI (Jun. 2026) = 333.9520.

UDR Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.591 241.428 13.267
201612 10.807 241.432 14.948
201703 10.454 243.801 14.320
201706 9.467 244.955 12.907
201709 8.775 246.819 11.873
201712 8.784 246.524 11.899
201803 8.581 249.554 11.483
201806 8.671 251.989 11.491
201809 8.133 252.439 10.759
201812 9.122 251.233 12.125
201903 9.117 254.202 11.977
201906 9.076 256.143 11.833
201909 9.920 256.759 12.902
201912 10.120 256.974 13.152
202003 10.490 258.115 13.572
202006 10.089 257.797 13.069
202009 9.421 260.280 12.088
202012 8.839 260.474 11.332
202103 8.368 264.877 10.550
202106 7.660 271.696 9.415
202109 8.415 274.310 10.245
202112 9.453 278.802 11.323
202203 9.547 287.504 11.089
202206 11.136 296.311 12.551
202209 12.089 296.808 13.602
202212 11.631 296.797 13.087
202303 10.999 301.836 12.169
202306 11.417 305.109 12.496
202309 11.698 307.789 12.692
202312 10.999 306.746 11.975
202403 10.823 312.332 11.572
202406 10.372 314.175 11.025
202409 9.478 315.301 10.039
202412 9.814 315.605 10.385
202503 9.183 319.799 9.589
202506 8.588 322.561 8.891
202509 8.325 324.800 8.560
202512 8.443 324.054 8.701
202603 8.606 330.213 8.703
202606 7.823 333.952 7.823

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 2.83 mean?
UDR (FRA:UF0) has a Cyclically Adjusted PB Ratio of 2.83 as of Aug. 19, 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 UDR and its competitors. This is 16% below median its historical median of 3.38. Over the past decade, UDR's Cyclically Adjusted PB Ratio has ranged from 2.43 to 4.89. According to the industry distribution chart, UDR ranks #513 out of 549 companies in the REITs industry, placing it in the top 93.4%.
Is UDR's Cyclically Adjusted PB Ratio too high?
UDR's current Cyclically Adjusted PB Ratio of 2.83 is 16% below median its 10-year median of 3.38. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 4.89. The REITs industry median Cyclically Adjusted PB Ratio is 0.80. UDR's value of 2.83 is 253.8% above this industry median. Based on the distribution chart, UDR ranks #513 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, UDR has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UDR's Cyclically Adjusted PB Ratio compare to ELS and AMH?
According to the REITs industry distribution chart, UDR ranks #513 out of 549 companies for Cyclically Adjusted PB Ratio. This places UDR in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.80. UDR's value of 2.83 is 253.8% above this benchmark. Historically, UDR's own Cyclically Adjusted PB Ratio has ranged from 2.43 to 4.89 over the past decade. While the company's 10-year median is 3.38 vs. the industry median of 0.80, UDR 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.80, based on 549 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. UDR's current Cyclically Adjusted PB Ratio of 2.83 is 253.8% 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 UDR and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UDR's current Cyclically Adjusted PB Ratio is 2.83, which is 16% below median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UDR stock overvalued right now?
Based on GuruFocus' analysis, UDR (FRA:UF0) is currently considered Fairly Valued. The stock's GF Value™ is €34.83, compared to a current price of €32.08 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.83, which is 16% below median its 10-year median of 3.38 and 253.8% above the REITs industry median of 0.80. UDR's overall GF Score™ is 82/100 with 9 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 UDR (FRA:UF0), the current Cyclically Adjusted PB Ratio is 2.83 as of Aug. 19, 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 UDR (FRA:UF0) Overvalued in 2026?

Based on GuruFocus' analysis, UDR stock appears to be undervalued. The current stock price of €32.08 is trading 7.9% below its estimated GF Value™ of €34.83. GuruFocus considers UDR to be Fairly Valued.

Key valuation signals for FRA:UF0:

  • Cyclically Adjusted PB Ratio: 2.83 (16% below median its 10-year median of 3.38)
  • GF Value™: €34.83 vs. price of €32.08 (7.9% below fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 253.8% above the REITs median (#513 of 549)

No single metric tells the full story. See the FRA:UF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UDR Business Description

Industry Real EstateREITs
Other Exchanges UDR:USA0LHS:UK
Address 1745 Shea Center Drive, Suite 200, Highlands Ranch, CO, USA, 80129
UDR Inc is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized; and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. It generates key revenue from Same-Store Communities.
82GF Score

Get the complete analysis for FRA:UF0

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

€32.08
Price
€34.83
GF Value