GBCEY (Globe Trade Centre) Cyclically Adjusted PB Ratio: 0.22 (As of Jul. 21, 2026) — 61% Below Median

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GBCEY Globe Trade Centre SA GBCEY
55 GF Score
Price $1.23
GF Value $2.79
! 8 Warning Signs
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What is Globe Trade Centre Cyclically Adjusted PB Ratio?

Globe Trade Centre GBCEY -63.82% 55 Cyclically Adjusted PB Ratio is 0.22 as of Jul. 21, 2026, which is 61% below its 10-year median of 0.57. GuruFocus rates GBCEY with a GF Score™ of 55/100 and a GF Value™ of $2.79. The stock has 8 warning signs investors should review. Among 1,440 Real Estate companies, Globe Trade Centre ranks better than 83.06% on this metric.

As of today (2026-07-21), Globe Trade Centre's current share price is $1.23. Globe Trade Centre's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.55. Globe Trade Centre's Cyclically Adjusted PB Ratio for today is 0.22.

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

GBCEY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.57   Max: 0.84
Current: 0.2

During the past years, Globe Trade Centre's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.19. And the median was 0.57.

GBCEY's Cyclically Adjusted PB Ratio is ranked better than
83.06% of 1440 companies
in the Real Estate industry
Industry Median: 0.705 vs GBCEY: 0.20

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.

Globe Trade Centre's adjusted book value per share data for the three months ended in Mar. 2026 was $3.943. 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 $5.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Trade Centre  (OTCPK:GBCEY) 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.


Globe Trade Centre Cyclically Adjusted PB Ratio Related Terms


Globe Trade Centre Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Globe Trade Centre'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.

Globe Trade Centre Cyclically Adjusted PB Ratio Chart

Globe Trade Centre 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 0.68 0.57 0.39 0.36 0.28

Globe Trade Centre 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 0.35 0.37 0.38 0.28 0.22

GBCEY vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Globe Trade Centre'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.


Globe Trade Centre Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


GBCEY
55GF Score
Globe Trade Centre SA GBCEY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Globe Trade Centre 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.

Globe Trade Centre's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.23/5.55
=0.22

* 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.

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

For example, Globe Trade Centre'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)
=3.943/163.0700*163.0700
=3.943

Current CPI (Mar. 2026) = 163.0700.

Globe Trade Centre Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.309 99.552 5.420
201609 3.589 99.064 5.908
201612 3.610 100.366 5.865
201703 3.815 101.018 6.158
201706 4.014 101.180 6.469
201709 4.519 101.343 7.271
201712 4.716 102.564 7.498
201803 5.032 102.564 8.001
201806 4.688 103.378 7.395
201809 4.796 103.378 7.565
201812 4.780 103.785 7.510
201903 4.835 104.274 7.561
201906 4.737 105.983 7.289
201909 4.663 105.983 7.175
201912 4.781 107.123 7.278
202003 4.750 109.076 7.101
202006 4.667 109.402 6.956
202009 4.927 109.320 7.349
202012 4.799 109.565 7.143
202103 4.695 112.658 6.796
202106 4.832 113.960 6.914
202109 4.759 115.588 6.714
202112 5.122 119.088 7.014
202203 4.303 125.031 5.612
202206 4.240 131.705 5.250
202209 3.921 135.531 4.718
202212 4.106 139.113 4.813
202303 4.187 145.950 4.678
202306 4.083 147.009 4.529
202309 4.045 146.113 4.514
202312 4.185 147.741 4.619
202403 4.191 149.044 4.585
202406 4.123 150.997 4.453
202409 4.268 153.439 4.536
202412 4.113 154.660 4.337
202503 4.247 157.021 4.411
202506 4.529 157.509 4.689
202509 4.531 158.000 4.676
202512 4.024 158.320 4.145
202603 3.943 163.070 3.943

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 0.22 mean?
Globe Trade Centre (GBCEY) has a Cyclically Adjusted PB Ratio of 0.22 as of Jul. 21, 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 Globe Trade Centre and its competitors. This is 61% below median its historical median of 0.57. Over the past decade, Globe Trade Centre's Cyclically Adjusted PB Ratio has ranged from 0.19 to 0.84. According to the industry distribution chart, Globe Trade Centre ranks #244 out of 1440 companies in the Real Estate industry, placing it in the top 16.9%.
Is Globe Trade Centre's Cyclically Adjusted PB Ratio too high?
Globe Trade Centre's current Cyclically Adjusted PB Ratio of 0.22 is 61% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.84. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Globe Trade Centre's value of 0.22 is 68.8% below this industry median. Based on the distribution chart, Globe Trade Centre ranks #244 out of 1440 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Globe Trade Centre has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Globe Trade Centre's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Globe Trade Centre ranks #244 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Globe Trade Centre in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.71. Globe Trade Centre's value of 0.22 is 68.8% below this benchmark. Historically, Globe Trade Centre's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 0.84 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.71, Globe Trade Centre 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 0.71, based on 1,440 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. Globe Trade Centre's current Cyclically Adjusted PB Ratio of 0.22 is 68.8% 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 Globe Trade Centre and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Trade Centre's current Cyclically Adjusted PB Ratio is 0.22, which is 61% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Trade Centre stock overvalued right now?
Globe Trade Centre (GBCEY) has a current Cyclically Adjusted PB Ratio of 0.22. The stock's GF Value™ is $2.79, compared to a current price of $1.23 — trading 55.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.22, which is 61% below median its 10-year median of 0.57 and 68.8% below the Real Estate industry median of 0.71. Globe Trade Centre's overall GF Score™ is 55/100 with 8 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 Globe Trade Centre (GBCEY), the current Cyclically Adjusted PB Ratio is 0.22 as of Jul. 21, 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 Globe Trade Centre (GBCEY) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Trade Centre stock appears to be undervalued. The current stock price of $1.23 is trading 55.9% below its estimated GF Value™ of $2.79.

Key valuation signals for GBCEY:

  • Cyclically Adjusted PB Ratio: 0.22 (61% below median its 10-year median of 0.57)
  • GF Value™: $2.79 vs. price of $1.23 (55.9% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 68.8% below the Real Estate median (#244 of 1440)

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


Globe Trade Centre Business Description

Other Exchanges GTC:Poland
Address Komitetu Obrony Robotnikow 45A, Nothus Building, Warsaw, POL, 02-146
Globe Trade Centre SA is a real estate investor and developer that focuses its business in Poland and several capital cities in Eastern Europe. The group operates in Poland, Hungary, Germany, Bucharest, Belgrade, Sofia, Zagreb, and others. The group manages a real estate portfolio that includes commercial buildings in the form of offices and retail space. The commercial property portfolio is actively managed by the group. In terms of geographic location, the company generates key revenue from Poland, and the remaining is made up of other geographic areas.
55GF Score

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

$1.23
Price
$2.79
GF Value