Americold Realty Trust (FRA:YAR) Cyclically Adjusted PB Ratio: 1.29 (As of Aug. 02, 2026) — Near Median

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FRA:YAR Americold Realty Trust Inc FRA:YAR
60 GF Score
Price €12.10
GF Value €18.62
Valuation Possible Value Trap
! 9 Warning Signs
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What is Americold Realty Trust Cyclically Adjusted PB Ratio?

Americold Realty Trust FRA:YAR -3.20% 60 Cyclically Adjusted PB Ratio is 1.29 as of Aug. 02, 2026, which is 3% above its 10-year median of 1.25. GuruFocus rates FRA:YAR with a GF Score™ of 60/100 and a GF Value™ of €18.62 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 554 REITs companies, Americold Realty Trust ranks worse than 74.73% on this metric.

As of today (2026-08-02), Americold Realty Trust's current share price is €12.10. Americold Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €9.41. Americold Realty Trust's Cyclically Adjusted PB Ratio for today is 1.29.

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

FRA:YAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.25   Max: 1.64
Current: 1.27

During the past years, Americold Realty Trust's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 0.98. And the median was 1.25.

FRA:YAR's Cyclically Adjusted PB Ratio is ranked worse than
74.73% of 554 companies
in the REITs industry
Industry Median: 0.81 vs FRA:YAR: 1.27

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.

Americold Realty Trust's adjusted book value per share data for the three months ended in Mar. 2026 was €8.549. 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 €9.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Americold Realty Trust  (FRA:YAR) 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.


Americold Realty Trust Cyclically Adjusted PB Ratio Related Terms


Americold Realty Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Americold Realty 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.

Americold Realty Trust Cyclically Adjusted PB Ratio Chart

Americold Realty 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 0.00 0.00 0.00 0.00 1.20

Americold Realty 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 0.00 1.61 1.16 1.20 1.04

FRA:YAR vs LXP, NSA, SMA: Cyclically Adjusted PB Ratio Comparison

For the REIT - Industrial subindustry, Americold Realty 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.


Americold Realty Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


FRA:YAR
60GF Score
Americold Realty Trust Inc FRA:YAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Americold Realty 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.

Americold Realty Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.10/9.41
=1.29

* 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.

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

For example, Americold Realty 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)
=8.549/330.2130*330.2130
=8.549

Current CPI (Mar. 2026) = 330.2130.

Americold Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
200912 1.901 215.949 2.907
201512 -1.447 236.525 -2.020
201612 -2.023 241.432 -2.767
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 -1.181 246.819 -1.580
201712 -1.187 246.524 -1.590
201803 3.653 249.554 4.834
201806 3.836 251.989 5.027
201809 4.237 252.439 5.542
201812 4.191 251.233 5.509
201903 4.038 254.202 5.245
201906 8.570 256.143 11.048
201909 8.706 256.759 11.197
201912 8.601 256.974 11.052
202003 9.131 258.115 11.682
202006 9.294 257.797 11.905
202009 8.790 260.280 11.152
202012 12.379 260.474 15.693
202103 12.324 264.877 15.364
202106 12.279 271.696 14.924
202109 12.774 274.310 15.377
202112 13.264 278.802 15.710
202203 13.388 287.504 15.377
202206 13.658 296.311 15.221
202209 14.283 296.808 15.891
202212 13.202 296.797 14.688
202303 12.813 301.836 14.018
202306 12.213 305.109 13.218
202309 12.988 307.789 13.934
202312 11.688 306.746 12.582
202403 11.600 312.332 12.264
202406 11.275 314.175 11.851
202409 10.681 315.301 11.186
202412 11.022 315.605 11.532
202503 10.365 319.799 10.703
202506 9.481 322.561 9.706
202509 9.072 324.800 9.223
202512 8.647 324.054 8.811
202603 8.549 330.213 8.549

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 1.29 mean?
Americold Realty Trust (FRA:YAR) has a Cyclically Adjusted PB Ratio of 1.29 as of Aug. 02, 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 Americold Realty Trust and its competitors. This is near median its historical median of 1.25. Over the past decade, Americold Realty Trust's Cyclically Adjusted PB Ratio has ranged from 0.98 to 1.64. According to the industry distribution chart, Americold Realty Trust ranks #414 out of 554 companies in the REITs industry, placing it in the top 74.7%.
Is Americold Realty Trust's Cyclically Adjusted PB Ratio too high?
Americold Realty Trust's current Cyclically Adjusted PB Ratio of 1.29 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.64. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Americold Realty Trust's value of 1.29 is 59.3% above this industry median. Based on the distribution chart, Americold Realty Trust ranks #414 out of 554 companies in the REITs industry, which is below the industry midpoint. Overall, Americold Realty Trust has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Americold Realty Trust's Cyclically Adjusted PB Ratio compare to LXP and NSA?
According to the REITs industry distribution chart, Americold Realty Trust ranks #414 out of 554 companies for Cyclically Adjusted PB Ratio. This places Americold Realty Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Americold Realty Trust's value of 1.29 is 59.3% above this benchmark. Historically, Americold Realty Trust's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 1.64 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.81, Americold Realty Trust 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. Americold Realty Trust's current Cyclically Adjusted PB Ratio of 1.29 is 59.3% 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 Americold Realty 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. Americold Realty Trust's current Cyclically Adjusted PB Ratio is 1.29, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Americold Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Americold Realty Trust (FRA:YAR) is currently considered Possible Value Trap. The stock's GF Value™ is €18.62, compared to a current price of €12.10 — trading 35% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.29, which is near median its 10-year median of 1.25 and 59.3% above the REITs industry median of 0.81. Americold Realty Trust's overall GF Score™ is 60/100 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 Americold Realty Trust (FRA:YAR), the current Cyclically Adjusted PB Ratio is 1.29 as of Aug. 02, 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 Americold Realty Trust (FRA:YAR) Overvalued in 2026?

Based on GuruFocus' analysis, Americold Realty Trust stock appears to be undervalued. The current stock price of €12.10 is trading 35% below its estimated GF Value™ of €18.62. GuruFocus considers Americold Realty Trust to be Possible Value Trap.

Key valuation signals for FRA:YAR:

  • Cyclically Adjusted PB Ratio: 1.29 (near median its 10-year median of 1.25)
  • GF Value™: €18.62 vs. price of €12.10 (35% below fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 59.3% above the REITs median (#414 of 554)

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


Americold Realty Trust Business Description

Industry Real EstateREITs
Address 10 Glenlake Parkway, South Tower, Suite 600, Atlanta, GA, USA, 30328
Americold Realty Trust Inc is the world's second-largest owner and operator of temperature-controlled warehouses behind privately held Lineage Logistics. The Atlanta, Georgia-based firm owns and operates approximately 231 temperature-controlled warehouses, spanning 1.4 billion cubic feet. In 2022, the firm derived more than 80% of its revenue from the United States but also has sizable operations in Europe, Canada, Australia, and New Zealand. Americold supplements its core business by providing supply management and transportation services to its various customers. It operates as a real estate investment trust.
60GF Score

Get the complete analysis for FRA:YAR

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

€12.10
Price
€18.62
GF Value