Veris Residential (FRA:WY4) Cyclically Adjusted PB Ratio: 1.05 (As of Aug. 14, 2026) — 21% Above Median

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FRA:WY4 Veris Residential Inc FRA:WY4
46 GF Score
Price €16.20
GF Value €14.46
! 9 Warning Signs
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What is Veris Residential Cyclically Adjusted PB Ratio?

Veris Residential FRA:WY4 46 Cyclically Adjusted PB Ratio is 1.05 as of Aug. 14, 2026, which is 21% above its 10-year median of 0.87. GuruFocus rates FRA:WY4 with a GF Score™ of 46/100 and a GF Value™ of €14.46. The stock has 9 warning signs investors should review.

As of today (2026-08-14), Veris Residential's current share price is €16.20. Veris Residential's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €15.44. Veris Residential's Cyclically Adjusted PB Ratio for today is 1.05.

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

FRA:WY4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.87   Max: 1.3
Current: 1.06

During the past years, Veris Residential's highest Cyclically Adjusted PB Ratio was 1.30. The lowest was 0.52. And the median was 0.87.

FRA:WY4's Cyclically Adjusted PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.81 vs FRA:WY4: 1.06

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.

Veris Residential's adjusted book value per share data for the three months ended in Mar. 2026 was €10.412. 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 €15.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veris Residential  (FRA:WY4) 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.


Veris Residential Cyclically Adjusted PB Ratio Related Terms


Veris Residential Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Veris Residential'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.

Veris Residential Cyclically Adjusted PB Ratio Chart

Veris Residential 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 0.93 0.81 0.82 0.90 0.83

Veris Residential 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 0.92 0.82 0.84 0.83 1.06

FRA:WY4 vs UMH, CSR, NXRT: Cyclically Adjusted PB Ratio Comparison

For the REIT - Residential subindustry, Veris Residential'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.


Veris Residential Cyclically Adjusted PB Ratio vs REITs Industry

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

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


FRA:WY4
46GF Score
Veris Residential Inc FRA:WY4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veris Residential 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.

Veris Residential's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.20/15.44
=1.05

* 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.

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

For example, Veris Residential'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)
=10.412/330.2130*330.2130
=10.412

Current CPI (Mar. 2026) = 330.2130.

Veris Residential Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.227 241.018 20.862
201609 15.060 241.428 20.598
201612 16.141 241.432 22.076
201703 15.905 243.801 21.542
201706 14.537 244.955 19.597
201709 13.889 246.819 18.582
201712 13.874 246.524 18.584
201803 13.569 249.554 17.955
201806 14.101 251.989 18.478
201809 13.922 252.439 18.211
201812 14.468 251.233 19.016
201903 16.696 254.202 21.688
201906 16.083 256.143 20.734
201909 15.736 256.759 20.238
201912 14.839 256.974 19.068
202003 14.326 258.115 18.328
202006 13.713 257.797 17.565
202009 12.505 260.280 15.865
202012 12.676 260.474 16.070
202103 13.025 264.877 16.238
202106 12.186 271.696 14.811
202109 12.225 274.310 14.716
202112 12.475 278.802 14.775
202203 12.735 287.504 14.627
202206 13.466 296.311 15.007
202209 13.324 296.808 14.824
202212 12.799 296.797 14.240
202303 12.455 301.836 13.626
202306 12.003 305.109 12.991
202309 11.661 307.789 12.511
202312 11.310 306.746 12.175
202403 11.275 312.332 11.920
202406 11.334 314.175 11.913
202409 10.804 315.301 11.315
202412 11.300 315.605 11.823
202503 10.711 319.799 11.060
202506 10.079 322.561 10.318
202509 10.550 324.800 10.726
202512 10.526 324.054 10.726
202603 10.412 330.213 10.412

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 1.05 mean?
Veris Residential (FRA:WY4) has a Cyclically Adjusted PB Ratio of 1.05 as of Aug. 14, 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 Veris Residential and its competitors. This is 21% above median its historical median of 0.87. Over the past decade, Veris Residential's Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.30.
Is Veris Residential's Cyclically Adjusted PB Ratio too high?
Veris Residential's current Cyclically Adjusted PB Ratio of 1.05 is 21% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.30. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Veris Residential's value of 1.05 is 29.6% above this industry median. Overall, Veris Residential has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Veris Residential's Cyclically Adjusted PB Ratio compare to UMH and CSR?
Veris Residential's Cyclically Adjusted PB Ratio of 1.05 can be compared against companies in the REITs industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Veris Residential's value of 1.05 is 29.6% above this benchmark. Historically, Veris Residential's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.30 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.81, Veris Residential 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 0.81, based on 554 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. Veris Residential's current Cyclically Adjusted PB Ratio of 1.05 is 29.6% 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 Veris Residential 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. Veris Residential's current Cyclically Adjusted PB Ratio is 1.05, which is 21% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veris Residential stock overvalued right now?
Veris Residential (FRA:WY4) has a current Cyclically Adjusted PB Ratio of 1.05. The stock's GF Value™ is €14.46, compared to a current price of €16.20 — trading 12% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.05, which is 21% above median its 10-year median of 0.87 and 29.6% above the REITs industry median of 0.81. Veris Residential's overall GF Score™ is 46/100 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 Veris Residential (FRA:WY4), the current Cyclically Adjusted PB Ratio is 1.05 as of Aug. 14, 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 Veris Residential (FRA:WY4) Overvalued in 2026?

Based on GuruFocus' analysis, Veris Residential stock appears to be overvalued. The current stock price of €16.20 is trading 12% above its estimated GF Value™ of €14.46.

Key valuation signals for FRA:WY4:

  • Cyclically Adjusted PB Ratio: 1.05 (21% above median its 10-year median of 0.87)
  • GF Value™: €14.46 vs. price of €16.20 (12% above fair value)
  • GF Score™: 46/100 with 9 warning signs
  • Industry Position: 29.6% above the REITs median

No single metric tells the full story. See the FRA:WY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veris Residential Business Description

Industry Real EstateREITs
Address Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
46GF Score

Get the complete analysis for FRA:WY4

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

€16.20
Price
€14.46
GF Value